---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013370"
form_type: "8-K"
ticker: "MCB"
cik: "0001476034"
company_name: "Metropolitan Bank Holding Corp."
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:15:49.910553+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Metropolitan Bank Q3 net income $12.3M ($1.08 EPS); NIM rises to 3.62% on loan growth, regulatory reserve weighs

## Summary
- Net income $12.3M ($1.08 diluted EPS) vs $16.8M ($1.50) in Q2 2024 and $22.1M ($1.97) in Q3 2023.
- Net interest margin expanded to 3.62% from 3.44% in Q2 2024, driven by higher loan yields and prepayment fees.
- Recorded $12.6M pre-tax charges including $10M regulatory reserve for fintech client investigation; EPS impact $0.78.
- Total loans $5.9B (+$58.2M QoQ, +$542.6M YoY); deposits $6.3B (+$100.2M QoQ, +$748.3M YoY).
- Non-performing loans stable at 0.53%; well-capitalized with total risk-based capital 13.2% (company) and 12.9% (bank).

## SEC filing metadata
- accession: 0001558370-24-013370
- form_type: 8-K
- ticker: MCB
- cik: 0001476034
- company_name: Metropolitan Bank Holding Corp.
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476034/000155837024013370/0001558370-24-013370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476034/000155837024013370/mcb-20241017x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013370
- JSON: https://secwatch.observer/filing/0001558370-24-013370.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013370.txt

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