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Jun 30, 2024
Metropolitan Bank Q2 2024 Earnings Report
Reported strong earnings, liquidity, capital, and asset quality while executing strategic initiatives.
Key Takeaways
Metropolitan Bank Holding Corp. reported a net income of $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024. The company saw an increase in net interest margin and stable asset quality.
Loans increased to $5.8 billion.
Total deposits were $6.2 billion.
Net interest margin expanded to 3.44%.
Diluted earnings per share were $1.50.
Revenue by Segment
Forward Guidance
This release contains forward-looking statements regarding the Company’s future financial condition and capital ratios, results of operations and the Company’s outlook and business.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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