NYSE$MCB
Metropolitan Bank Holding Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Sustained core funding and balance sheet growth demonstrated disciplined approach to balance sheet management.
Metropolitan Bank Holding Corp. reported a net income of $22.1 million, or $1.97 per diluted common share, for the third quarter of 2023, compared to a net income of $25.0 million, or $2.23 per diluted common share, for the third quarter of 2022.
- Total deposits reached $5.5 billion, marking an increase of $233.0 million from June 30, 2023.
- Net loan growth was strong and prudent, increasing by $204.9 million from June 30, 2023.
- Asset quality remained strong.
- Net interest income was stable at $53.6 million.
Headline financials
Revenue & EPS history
Metropolitan Bank · Revenue · Quarterly
$60.1M
Forward guidance
No specific forward guidance was provided in the document.
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 Q3 2023
+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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