NYSE$MCB
Metropolitan Bank Holding Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported strong earnings, liquidity, capital, and asset quality while executing strategic initiatives.
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.
Headline financials
Revenue & EPS history
Metropolitan Bank · Revenue · Quarterly
$67.7M
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+1.4%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+5.7%
Avg return
30 days after
60%
25 / 42 earnings
Positive
+19.6%
Q1 2024
Best reaction
-12.0%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.8% | +1.5% | +2.0% | |
| Q4 2025 | +13.7% | +11.5% | +18.2% | |
| Q3 2025 | -4.9% | -10.3% | -2.1% | |
| Q2 2025 | -1.8% | -2.1% | +4.3% | |
| Q1 2025 | +3.6% | +9.6% | +15.2% | |
| Q4 2024 | +7.9% | +5.2% | -2.6% | |
| Q3 2024 | -3.5% | -8.0% | +6.8% | |
| Q2 2024 | -1.0% | -2.9% | -15.5% | |
| Q1 2024 | +19.6% | +30.7% | +36.9% | |
| Q4 2023 | -4.2% | +2.8% | -6.6% | |
| Q3 2023 | -0.4% | -1.9% | +13.1% | |
| Q2 2023 | -12.0% | -6.6% | -10.5% | |
| Q1 2023 | +16.4% | +8.9% | -18.5% | |
| Q4 2022 | -4.6% | -2.5% | -0.2% | |
| Q3 2022 | -5.1% | +0.6% | +5.5% | |
| Q2 2022 | +3.1% | +5.0% | +14.8% | |
| Q1 2022 | -7.3% | -14.4% | -28.1% | |
| Q4 2021 | -3.4% | -2.0% | -4.0% | |
| Q3 2021 | +5.3% | +11.0% | +13.3% | |
| Q2 2021 | +11.0% | +18.3% | +30.3% | |
| Q1 2021 | +11.7% | +17.7% | +22.1% | |
| Q4 2020 | +2.0% | +9.3% | +23.9% | |
| Q3 2020 | -1.8% | -4.5% | +7.2% | |
| Q2 2020 | +0.2% | -2.5% | -3.0% | |
| Q1 2020 | -4.5% | +8.3% | +9.4% | |
| Q4 2019 | +2.9% | +2.9% | +4.5% | |
| Q3 2019 | +0.2% | +2.2% | +10.0% | |
| Q2 2019 | -0.9% | +1.1% | -14.8% | |
| Q1 2019 | +5.4% | +7.4% | +7.9% | |
| Q4 2018 | +1.8% | -2.0% | +7.9% | |
| Q3 2018 | +2.9% | +3.3% | +6.7% | |
| Q2 2018 | -0.5% | -3.6% | -16.8% | |
| Q1 2017 | +0.4% | +0.5% | +8.5% | |
| Q1 2018 | +4.5% | +5.3% | +9.0% | |
| Q2 2016 | +1.1% | +2.0% | +13.4% | |
| Q4 2016 | +1.1% | +2.0% | +13.4% | |
| Q4 2015 | +1.1% | +2.0% | +13.4% | |
| Q2 2017 | +1.1% | +2.0% | +13.4% | |
| Q1 2016 | +1.1% | +2.0% | +13.4% | |
| Q4 2017 | +3.2% | +8.2% | +2.9% | |
| Q3 2016 | -3.7% | -9.1% | -9.5% | |
| Q3 2017 | +0.3% | +7.0% | +24.8% |
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