Recent Updates — MCB
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.
The board of directors declared a quarterly cash dividend of $0.40 per share on common stock, an increase of $0.05 from the prior quarterly payout of $0.35. The dividend is payable on November 10, 2026 to holders of record at the close of business on October 30, 2026. Metropolitan Bank Holding Corp. operates as a full-service commercial bank serving businesses and individuals in New York City, Long Island, New Jersey, and South Florida.
Metropolitan Bank Holding Corp. reported second quarter 2026 financial results on July 21, 2026. The company reported net income of $19.2 million, or $1.54 per diluted share, compared to $31.4 million ($2.92 per share) in the prior quarter. Net interest income rose 22.8% year-over-year to $90.4 million. Results were impacted by a $13.3 million provision for credit losses and $3.3 million in isolated non-interest expenses. The board approved a new $50.0 million common stock repurchase program on June 19, 2026, and declared a quarterly cash dividend of $0.35 per share on July 20, 2026, increasing it from $0.25. Total loans grew to $7.3 billion as of June 30, 2026. The company operates as a financial holding company for a full-service commercial bank.
Metropolitan Bank Holding Corp. declared a quarterly cash dividend of $0.35 per share, representing an increase of $0.10 from the previous quarterly dividend of $0.25 per share. The dividend is payable on August 11, 2026, to holders of record as of July 31, 2026. Metropolitan Bank Holding Corp. is a financial services holding company that provides commercial and personal banking solutions through its subsidiary, Metropolitan Commercial Bank.
Metropolitan Bank Holding Corp. announced on June 19, 2026, that its board of directors approved a new $50.0 million share repurchase program. This program replaces and supersedes the previously authorized program from July 17, 2025. The company intends to fund the repurchases through available cash. Metropolitan Bank Holding Corp. operates in the financial services industry as a bank holding company.
William Reinhardt has retired from the Board of Directors of Metropolitan Bank Holding Corp. and its subsidiary, Metropolitan Commercial Bank, effective immediately. The Board has designated him as director emeritus, and the Board size has been reduced to eleven directors.