Metropolitan Bank Holding Corp.

Listed Company

MCBCIK 0001476034NYSEAcceleratedState Commercial BanksNew YorkFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$71.10M

Total Assets

$8.26B

Equity

$743.11M

Shares Out

10.12M

Op. Cash Flow

$88.68M

Business

Metropolitan Bank Holding Corp. is a bank holding company that provides commercial banking services through its wholly owned subsidiary, Metropolitan Commercial Bank. It offers a broad range of business, commercial and retail banking products and services, including commercial real estate and commercial and industrial lending, corporate cash management, retail banking, title and escrow and specialized programs such as EB‑5 accounts. Key business activities center on lending, deposit gathering, cash management and tailored client solutions through its bank subsidiary and related functions. The Company serves primarily the New York metropolitan area with additional client-focused distribution via strategically located banking centers, a loan production office and digital banking channels.

Summary from filing dated 2025-02-28

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Loans, including fees	480	430	345	232	165
Securities	24	21	19	16	6
Overnight deposits	9	15	9	12	2
Other interest and dividends	2	2	3	939,000	608,000
Total interest income	515	468	375	261	173
Deposits	199	198	129	29	14
Borrowed funds	12	16	22	893,000	—
Trust preferred securities	1	1	1	799,000	424,000
Total interest expense	212	215	153	32	—
Net interest income	303	253	223	229	157
Provision for credit losses	38	6	12	10	4
Net interest income after provision for credit losses	266	247	211	219	153
Non-interest income	11	24	28	27	23
Other income	3	2	3	2	2
Total non-interest income	12	24	28	27	24
Compensation and benefits	84	78	67	57	46
Bank premises and equipment	10	10	9	9	8
Professional fees	15	21	18	14	7
Technology costs	17	11	5	5	5
Deposit related program fees	24	17	13	—	—
FDIC assessments	10	12	9	5	4
Regulatory settlement reserve	—	9	−6	35	—
Other expenses	16	16	16	13	9
Total non-interest expense	176	174	132	149	87
Net income before income tax expense	102	97	107	97	90
Income tax expense	30	30	30	37	29
Net income	71	67	77	59	61
Basic earnings (in dollars per share)	6.71	5.97	6.95	5.42	6.64
Diluted earnings (in dollars per share)	6.62	5.93	6.91	5.29	6.45

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	12	13	32	27	29
Overnight deposits	382	187	237	231	2,330
Total cash and cash equivalents	394	200	269	257	2,359
Investment securities available-for-sale, at fair value	579	482	461	446	—
Investment securities held-to-maturity (estimated fair value of $313.1 million and $366.7 million at December 31, 2025 and December 31, 2024, respectively)	357	429	469	510	—
Equity investment securities, at fair value	6	5	2	2	2
Total securities	941	916	932	958	951
Other investments	21	31	39	22	12
Loans, net of deferred fees and costs	6,810	6,034	5,625	4,841	—
Allowance for credit losses	−97	−63	−58	−45	−35
Net loans	6,713	5,971	5,567	4,796	—
Other assets	187	183	173	148	57
Total assets	8,256	7,301	7,068	6,267	7,116
Noninterest-bearing demand deposits	1,479	1,334	1,838	2,422	3,669
Interest-bearing deposits	5,898	4,649	3,899	2,856	2,767
Total deposits	7,377	5,983	5,737	5,278	6,436
Federal funds purchased	—	210	99	150	—
Federal Home Loan Bank of New York advances	—	240	440	100	—
Trust preferred securities	21	21	21	21	21
Secured and other borrowings	11	7	8	8	32
Other liabilities	104	110	94	125	37
Total liabilities	7,513	6,571	6,409	5,691	6,559
Common stock, $0.01 par value, 25,000,000 shares authorized, 11,300,191 and 11,197,625 shares issued; and 10,088,617 and 11,197,625 shares outstanding at December 31, 2025 and December 31, 2024, respectively	113,000	112,000	111,000	109,000	109,000
Additional paid in capital	406	400	396	389	383
Retained earnings	451	383	316	241	181
Accumulated other comprehensive income (loss), net of tax	−40	−53	−53	−54	−8
Treasury stock, at cost, 1,211,574 and 0 shares at December 31, 2025 and December 31, 2024, respectively	−73	—	—	—	—
Total stockholders' equity	743	730	659	576	557
Total liabilities and stockholders' equity	8,256	7,301	7,068	6,267	7,116

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income	71	67	77	59	61
Net depreciation, amortization, and accretion	−11	−11	7	10	5
Stock-based compensation	9	9	10	8	5
Other, net	−1	−3	−75,000	225,000	—
Deferred income tax (benefit) expense	−9	−3	−3	−4	−120,000
Receivable from global payments, net	—	88	−2	−46	−13
Third-party debit cardholder balances	—	−10	−401,000	2	−7
Other assets	−4	−4	−30	3	6
Other liabilities	−3	10	−29	43	−25
Net cash provided by (used in) operating activities	89	148	42	86	37
Loan originations and payments, net	−766	−395	−790	−1,114	−618
Redemptions of FRB and FHLB Stock	37	48	152	20	7,000
Purchases of FRB and FHLB Stock	−27	−40	−169	−30	−407,000
Purchase of securities available-for-sale	−199	−73	−47	−34	−485
Purchase of securities held-for-investment	—	—	−25	−174	−384
Proceeds from sales and calls of securities available-for-sale	18	—	—	—	43
Proceeds from paydowns and maturities of securities available-for-sale	108	53	42	77	124
Proceeds from paydowns and maturities of securities held-to-maturity	71	40	66	45	4
Purchase of premises and equipment	−6	−3	−6	−19	−4
Net cash provided by (used in) investing activities	−763	−370	−775	−1,229	−1,303
Proceeds from (repayments of) federal funds purchased, net	−210	111	−51	150	—
Proceeds from (repayments of) FHLB advances, net	−240	−200	—	—	—
Proceeds from (repayments of) FHLB advances, net	—	—	340	100	—
Redemption of common stock for tax withholdings for restricted stock vesting	−4	−5	−3	−2	−3
Proceeds from (repayments of) other borrowings, net	—	100	—	—	—
Proceeds from (repayments of) secured borrowings, net	4	−100	−140,000	−25	−5
Net increase (decrease) in deposits	1,394	246	459	−1,158	2,606
Purchase of treasury stock	−73	—	—	—	—
Cash dividend paid	−3	—	—	—	—
Net cash provided by (used in) financing activities	868	152	745	−958	2,761
Increase (decrease) in cash and cash equivalents	193	−69	12	−2,102	1,495
Interest	212	215	151	32	16
Income Taxes	26	35	36	35	24

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