Earnings ·
Metropolitan Bank Holding Q3 diluted EPS of $2.58; board raises quarterly dividend to $0.40 per share
MCBMetropolitan Bank Holding Corp.
Metropolitan Bank Holding Corp. reported third-quarter 2026 net income of $32.4 million, or $2.58 in diluted earnings per share, compared to $19.2 million, or $1.54 per share, in the prior quarter and $7.1 million, or $0.67 per share, a year earlier. Net interest income rose 7.9% to $97.6 million as the net interest margin expanded 28 basis points to 4.36%. The board declared a quarterly cash dividend of $0.40 per share, an increase from $0.35. Total loans grew 10.6% year-over-year to $7.5 billion and deposits increased 12.8% to $8.3 billion. Metropolitan Bank Holding Corp. is the parent company of Metropolitan Commercial Bank, a New York City-based commercial bank serving businesses and individuals.