Highest-materiality recent filing
Metropolitan Bank Q2 EPS $1.54; NII up 22.8% YoY; dividend raised 40% to $0.35; $50M buyback
Diluted EPS $1.54 vs $2.92 prior quarter and $1.76 year ago; net income $19.2M.
Metropolitan Bank Holding Corp. authorizes $50M share repurchase program, replacing prior program
Board approved new share repurchase program on June 19, 2026 for up to $50M of outstanding common stock.
Metropolitan Bank Q1 EPS $2.92, raises dividend 25%, completes $186.8M equity offering
Diluted EPS $2.92 vs $2.77 Q4 2025 and $1.45 Q1 2025; net income $31.4M.
Metropolitan Bank Holding Corp. raises quarterly dividend to $0.25 per share from $0.20
Quarterly cash dividend increased to $0.25 per share, up 25% from $0.20 previously.
Metropolitan Bank Holding Corp. prices $178.5M public offering of 2.1M shares at $85/share
Underwritten public offering of 2,100,000 shares at $85.00 per share; gross proceeds ~$178.5M.
Metropolitan Bank launches $175M public offering of common stock
Underwritten public offering of $175M in common stock launched; underwriters have 30-day option for additional 15% of shares.
Metropolitan Bank Q4 net income $28.9M, EPS $2.77; dividend raised to $0.20/share
Diluted EPS $2.77, net income $28.9M for Q4 2025, vs $1.88 and $21.4M in Q4 2024.
MCB Q3 EPS $0.67 vs $1.76 Q2; $23.9M credit provision on CRE loan
Diluted EPS of $0.67; net income $7.1M, down from $18.8M in Q2 2025 and $12.3M in Q3 2024.
MCB Q2 EPS $1.76 beats prior quarter; initiates $0.15 dividend and new $50M buyback
Diluted EPS $1.76, up 21.4% from Q1 $1.45; net income $18.8M.
Metropolitan Bank Holding Corp. plans quarterly cash dividend starting Q3 2025
Capital plan contemplates a quarterly cash dividend on common stock as early as Q3 2025, subject to board approval.
MCB Q1 net income $16.4M ($1.45 EPS), down from Q4; loans grow 5.1% to $6.3B
Net income $16.4M ($1.45 EPS) vs Q4 $21.4M ($1.88) and Q1 2024 $16.2M ($1.46).
Metropolitan Bank Holding Corp. authorizes $50M share repurchase program
Board approved up to $50M in repurchases of common stock (NYSE: MCB) on March 12, 2025.
MCB Q4 net income $21.4M ($1.88 EPS); NIM expands 30 bps YoY to 3.66%
Q4 EPS $1.88 vs $1.08 Q3 and $1.28 year ago; full-year EPS $5.93 vs $6.91 in 2023.
Net income $12.3M ($1.08 diluted EPS) vs $16.8M ($1.50) in Q2 2024 and $22.1M ($1.97) in Q3 2023.
MCB Q2 net income $16.8M ($1.50 EPS) beats Q1; NIM expands to 3.44%; NPLs drop to 0.53%
Q2 2024 diluted EPS $1.50 vs Q1 $1.46 and prior Q2 $1.37; net income $16.8M vs $16.2M linked quarter.
MCB Q1 2024 net income $16.2M ($1.46 EPS); deposits up 8.7% QoQ; NIM expands 4bps
Net income $16.2M ($1.46 diluted EPS) vs $14.6M ($1.28) in Q4 2023 and $25.1M ($2.25) in Q1 2023.
Net income Q4 2023 $14.6M ($1.28 diluted EPS) vs net loss of $7.7M (-$0.71) in Q4 2022.
Metropolitan Bank promotes Daniel Dougherty to CFO, succeeding Greg Sigrist
Daniel Dougherty appointed EVP and CFO of Metropolitan Bank Holding and bank, effective Nov 6, 2023.
MCB settles with Fed and NYDFS over prepaid debit card; $29.5M penalties fully reserved
FRB consent order imposes $14.48M civil money penalty; requires board oversight, customer ID, due diligence, and third-party risk plans.
Metropolitan Bank Q3 2023: EPS $1.97, deposits +$233M QoQ, NII stable at $53.6M
Net income of $22.1M ($1.97 diluted EPS) vs $25.0M ($2.23) in Q3 2022 and $15.6M ($1.37) in Q2 2023.
Metropolitan Bank Holding Corp CFO Gregory Sigrist resigns effective Oct 31, 2023
EVP & CFO Gregory A. Sigrist resigns effective October 31, 2023 to assist in transition.
MCB Q2 EPS $1.37 vs $2.07 YoY; NIM 3.44%; loans up 17.7% YoY; crypto exit complete
Net income $15.6M ($1.37 diluted EPS) vs $23.2M ($2.07) a year ago; provision for credit losses $4.3M.
Metropolitan Bank rescinds $7.5M CEO loan and option exercise on regulatory concerns
CEO Mark DeFazio received $7.468M loan on March 6, 2023 to exercise 220,200 stock options; loan deemed likely impermissible.
Metropolitan Bank Q1 net income $25.1M, EPS $2.25, up 33% YoY; core deposits grow
Net income $25.1M ($2.25 diluted EPS) vs $19.0M ($1.69) in Q1 2022; revenues $65.5M up 21%.
Metropolitan Bank reports $5.04B core deposits, 66% insured, strong liquidity as of March 29
Total core deposit verticals $5.04B, up 5.4% from Dec 31, 2022; insured deposits now 66% of total (up from 60%).
MCB reports Q4 net loss of $7.7M on $35M regulatory reserve; adjusted EPS $2.43
Q4 2022 net loss of $7.7M ($0.71 diluted loss) vs net income of $18.9M in Q4 2021.
Metropolitan Bank Q3: net income up 54% YoY to $25M, EPS $2.23, NIM expands to 3.85%
Total revenues $69.1M, up 48.1% YoY; net interest income $63.3M, up 55.2% YoY.
Metropolitan Bank Q2 net income $23.2M ($2.07 EPS); revenue up 44.4% YoY
Q2 net income $23.2M ($2.07 diluted EPS) vs $13.3M ($1.55) YoY.
Metropolitan Bank reports Q1 2022 net income $19.0M, EPS $1.69, revenues up 38.6% YoY
Net income $19.0M ($1.69 diluted EPS) vs $12.1M ($1.43) in Q1 2021, up 57%.
Metropolitan Bank Q4 net income $18.9M; full-year EPS $6.45, up 38.4% YoY
Q4 net income $18.9M ($1.69 EPS) vs $11.8M ($1.39 EPS) in Q4 2020; full-year net income $60.6M ($6.45 EPS), up 53.4% YoY.
Metropolitan Bank Q3 net income $16.2M, diluted EPS $1.77, revenue up 29.8% YoY
Diluted EPS of $1.77 vs $1.27 last year; net income up 50.4% YoY.
Metropolitan Bank Holding Corp. prices public offering of 2M shares at $75.00, raising ~$150M gross
Priced 2,000,000 shares at $75.00 each; gross proceeds ~$150.0M; net ~$141.0M after discounts and expenses.
Metropolitan Bank launches $150M public offering of common stock
$150M underwritten public offering of common stock; underwriters have 30-day option for additional $22.5M.
On June 6, 2026, William Reinhardt provided notice of his retirement from the board of directors (the “Board”) of Metropolitan Bank Holding Corp. (the “Company”)
the Board of Directors of the Company appointed Mr. G. David Bonnar, age 55, to the position of Principal Accounting Officer of the Company
the Board of Directors of Metropolitan Holding Corp. (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), appointed Mr. Daniel Dougherty, age 62, to the positions of Executive Vice President and Chief Financial Officer of the Company
On October 2, 2023, Gregory A. Sigrist, Executive Vice President and Chief Financial Officer (“CFO”) of Metropolitan Holding Corp. (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), informed the Company that he intends to resign from his roles at the Company and the Bank, to be effective October 31, 2023
Chaya Pamula and Katrina Robinson were appointed as members of the Boards of Directors of the Company and the Bank.
David M. Gavrin announced his retirement as a director of the Board of Directors of Metropolitan Bank Holding Corp. (the "Company") and its wholly owned subsidiary, Metropolitan Commercial Bank (the "Bank"), effective as of December 31, 2021.
Chaya Pamula and Katrina Robinson were appointed as members of the Boards of Directors of the Company and the Bank.
Max materiality 0.88 · Median 0.68 · Most common event earnings