Metropolitan Bank Holding Corp (MCB) Tops Q1 EPS by 14c

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Go back to Metropolitan Bank Holding Corp (MCB) Tops Q1 EPS by 14c

Metropolitan Bank Holding Corp. Reports Quarterly Net Income

April 21, 2022 4:05 PM EDT

Revenues Increased 38.6% Year-Over-Year

Loans Increased 10.4% Quarter-Over-Quarter

Return on Average Tangible Common Equity1 of 14.0%

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 $19.0 million, or $1.69 per diluted common share, for the first quarter of 2022 compared to net income of $12.1 million, or $1.43 per diluted common share, for the first quarter of 2021.

The Company will conduct a conference call at 9:00 a.m. Eastern time on Friday, April 22, 2022, to... More