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Mar 31, 2021
Metropolitan Bank Q1 2021 Earnings Report
Reported net income and diluted EPS for the first quarter
Key Takeaways
Metropolitan Bank Holding Corp. reported a net income of $12.1 million, or $1.43 per diluted common share, for the first quarter of 2021, compared to $6.1 million, or $0.72 per diluted common share, for the first quarter of 2020.
Total assets reached $4.92 billion, a 13.7% increase from December 31, 2020.
Total loans before deferred fees increased to $3.24 billion.
Total cash and cash equivalents increased to $1.14 billion, a 31.3% increase from December 31, 2020.
Total deposits increased to $4.43 billion, up 15.6% from December 31, 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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