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Jun 30, 2020
Metropolitan Bank Q2 2020 Earnings Report
Reported net income of $10.8 million and diluted EPS of $1.29.
Key Takeaways
Metropolitan Bank Holding Corp. reported a net income of $10.8 million, or $1.29 per diluted common share, for the second quarter of 2020, compared to $6.1 million, or $0.71 per diluted common share, for the second quarter of 2019.
Net income increased to $10.8 million for the second quarter of 2020, compared to $6.1 million for the second quarter of 2019.
Diluted EPS reached $1.29 for the second quarter of 2020, up from $0.71 for the second quarter of 2019.
Total assets amounted to $3.97 billion at June 30, 2020, as compared to $3.36 billion at December 31, 2019.
Total deposits increased to $3.39 billion at June 30, 2020, as compared to $2.79 billion at December 31, 2019.