Metropolitan Bank Holding Corp (MCB) Tops Q4 EPS by 27c

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Metropolitan Bank Holding Corp. Reports Record Quarterly and Annual Net Income

January 20, 2022 4:05 PM EST

Banking-As-A-Service Revenues Increased 94.3% Year-Over-Year

Tangible Book Value Per Share Increased 27.6% Year-Over-Year1

NEW YORK--(BUSINESS WIRE)-- Metropolitan Bank Holding Corp. (the Company) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the Bank), reported net income of $18.9 million, or $1.69 per diluted common share, for the fourth quarter of 2021 compared to net income of $11.8 million, or $1.39 per diluted common share, for the fourth quarter of 2020. Net income for the year 2021 was $60.6 million, or $6.45 per diluted common share, compared to net income of $39.5 million, or $4.66 per diluted common... More