Metropolitan Bank Holding Corp Reports Net Income of $6.3 Million for Quarter Ended March 31, 2018
Metropolitan Bank Holding Corp. (MCB)
NASDAQ:AMEX Investor Relations:
metropolitanbankny.com/about-us.aspx
Company Research
Source: Business Wire
Results Driven By Significant Loan Growth, Widening Margins And Strong Asset Quality NEW YORK--(BUSINESS WIRE)-- Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $6.3 million, or $0.75 per diluted common share, for the first quarter of 2018 (Q1 2018) compared to $3.3 million, or $0.49 per diluted common share, for the fourth quarter of 2017 (Q4 2017), and $2.5 million, or $0.55 per diluted common share, for the first quarter of 2017 (Q1 2017). The Company had solid growth in loans and deposits during the quarter. Loans increased to $1.5 billion at March 31, 2018, an increase of $105 million, or 7.5%, from December 31, 2017, and an increase of $428 million, or 39.0% from March 31, 2017. Total deposits increased $213 million, or 15%, to $1.6 billion during Q1 2018, reflecting increases in
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MCB
News
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- Metropolitan Bank Holding Corp. (MCB) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
MCB
Earnings
- 4/18/24 - Beat
MCB
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEF
- 4/18/24 - Form 8-K
- MCB's page on the SEC website