secwatch.observer — SEC 8-K summary
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Issuer:     Metropolitan Bank Holding Corp. (MCB)
CIK:        0001476034
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001104659-25-101838
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MCB Q3 EPS $0.67 vs $1.76 Q2; $23.9M credit provision on CRE loan
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- Diluted EPS of $0.67; net income $7.1M, down from $18.8M in Q2 2025 and $12.3M in Q3 2024.
- Provision for credit losses $23.9M, including $18.7M for a single out-of-market CRE multifamily loan.
- NPL ratio rose to 1.20% from 0.60% Q2; allowance for credit losses $94.2M (up $20.2M QoQ).
- Net interest income $77.3M (+18.5% YoY); NIM 3.88% (+26 bps YoY).
- Total loans $6.8B (+15% YoY); deposits $7.1B (+12.8% YoY); well capitalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476034/000110465925101838/0001104659-25-101838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476034/000110465925101838/mcb-20251023x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-101838

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