---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000381"
form_type: "8-K"
ticker: "MCB"
cik: "0001476034"
company_name: "Metropolitan Bank Holding Corp."
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:25:18.931226+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MCB reports Q4 net loss of $7.7M on $35M regulatory reserve; adjusted EPS $2.43

## Summary
- Q4 2022 net loss of $7.7M ($0.71 diluted loss) vs net income of $18.9M in Q4 2021.
- Adjusted net income of $27.3M ($2.43 diluted EPS) excluding the $35M regulatory settlement reserve.
- Full year 2022 net income $59.4M ($5.29 diluted EPS); adjusted net income $94.4M ($8.42 diluted EPS).
- Net interest income rose 42.6% YoY to $63.9M; NIM expanded 146 bps to 4.05%.
- Accrued $35M pre-tax charge for Federal Reserve and NYSDFS investigations regarding a prepaid debit card program.

## SEC filing metadata
- accession: 0001558370-23-000381
- form_type: 8-K
- ticker: MCB
- cik: 0001476034
- company_name: Metropolitan Bank Holding Corp.
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476034/000155837023000381/0001558370-23-000381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476034/000155837023000381/mcb-20230120x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000381
- JSON: https://secwatch.observer/filing/0001558370-23-000381.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000381.txt

## Key facts
- Earnings Releases
  Metropolitan Bank Holding Corp. reported financial results for the fourth quarter and full year ending 2022.
  - Period: the fourth quarter and full year ending 2022
  - Result: reported results
  source text: On January 20, 2023, Metropolitan Bank Holding Corp. (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), issued a press release announcing its financial results for the fourth quarter and full year ending 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476034/000155837023000381/0001558370-23-000381-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.