Metropolitan Bank Holding Corp. — Form 8-K
Filed July 21, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 48/100
What the filing says
Metropolitan Bank reported Q2 2026 net income of $19.2M ($1.54 diluted EPS) vs. $18.8M ($1.76 EPS) in Q2 2025. Net interest income rose 22.8% YoY to $90.4M; NIM held flat at 4.08%. Loans grew 10.8% YoY to $7.3B; deposits grew 13.8% YoY to $7.7B. A $13.3M provision for credit losses (driven by a single out-of-market CRE loan charge-off and a non-core C&I loan) pressured earnings. The board approved a new $50M stock repurchase program and increased the quarterly dividend from $0.25 to $0.35 per share (+40%). CET1 ratio: 12.9%; Tier 1 Leverage: 11.3%, both well above regulatory minimums.
Why this rating
Strong organic loan/deposit growth and improved NIM offset one-time credit provision; moderate for ~$695M market cap; mixed: positive guidance offset by earnings miss vs. prior Q and elevated charge-offs.
See more from July 21, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.