---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-000362"
form_type: "8-K"
ticker: "MCB"
cik: "0001476034"
company_name: "Metropolitan Bank Holding Corp."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:52:26.501290+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MCB reports Q4 2023 net income $14.6M, $1.28 diluted EPS; deposits grow 3.9% sequentially, NPL ratio rises to 0.92%

## Summary
- Net income Q4 2023 $14.6M ($1.28 diluted EPS) vs net loss of $7.7M (-$0.71) in Q4 2022.
- Total deposits $5.7B, +$215.7M (3.9%) from Q3 2023; net loans $5.6B, +$270.3M (5.0%) from Q3.
- Net interest margin 3.36% vs 3.27% prior quarter and 4.05% prior year; full-year NIM 3.49% unchanged YoY.
- Non-performing loans ratio 0.92% (Dec 31, 2023) vs 0.58% (Sept 30, 2023) and 0.00% (Dec 31, 2022).
- Full year 2023 ROE 12.4%, ROATCE 12.6%; regulatory capital ratios well above minimums.

## SEC filing metadata
- accession: 0001558370-24-000362
- form_type: 8-K
- ticker: MCB
- cik: 0001476034
- company_name: Metropolitan Bank Holding Corp.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476034/000155837024000362/0001558370-24-000362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476034/000155837024000362/mcb-20240118x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000362
- JSON: https://secwatch.observer/filing/0001558370-24-000362.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000362.txt

## Key facts
- Earnings Releases
  Metropolitan Bank Holding Corp. reported the fourth quarter and full year of 2023 results: net income net income of $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023... Net income for the yea.
  - Period: the fourth quarter and full year of 2023
  - Net income: net income of $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023... Net income for the yea
  - Result: reported results
  source text: On January 18, 2024, 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 of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476034/000155837024000362/0001558370-24-000362-index.htm

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