Education
About Us
Working with TipRanks
Follow Us
Metropolitan Bank Holding (MCB)
NYSE:MCB
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.53Last Year’s EPS
1.46Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 21, 2025
|% Change Since: 9.60%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected strong growth in loans and deposits, continued margin expansion, and a successful share buyback program, indicating a positive business outlook. However, these were tempered by a decline in net income and earnings per share, elevated provision expenses, and increased non-interest expenses.Company Guidance
During the Metropolitan Commercial Bank's First Quarter 2025 Earnings Call, the company's senior executives highlighted impressive financial performance and provided guidance for the year. The bank achieved substantial growth in loans and deposits, with loans increasing by $308 million (5.1%) and deposits rising by $465 million (7.8%). The net interest margin (NIM) expanded slightly to 3.68%, marking the sixth consecutive quarter of margin growth. The company reported earnings per share of $1.45 and increased its tangible book value per share by over 2.3% to $65.80. The bank continued its share buyback program, acquiring over 228,000 shares for $12.9 million. Looking ahead, the bank plans for loan growth between 10-12%, with an expected full-year NIM of 3.7% to 3.75%. Operating expenses, including new technology investments, are projected to be around $45 million for the second quarter. The bank remains committed to maintaining strong asset quality and capitalizing on strategic growth opportunities.Impressive Loan and Deposit Growth
The bank grew loans by $308 million or 5.1% and deposits by $465 million or 7.8% in Q1 2025.
Continued Margin Expansion
Net Interest Margin (NIM) expanded by 2 basis points to 3.68%, marking the sixth consecutive quarter of margin expansion.
Share Buyback Program
The bank repurchased over 228,000 shares for $12.9 million, equating to more than 2% of outstanding shares at year-end 2024.
Strong Asset Quality and No Broad-Based Negative Trends
Asset quality remains strong with no broad-based negative trends in any loan segment or geography.
Technological Advancements
The bank's investment in new technology stack integration is on track to be completed by the end of 2025.
---
MCB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MCB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 21, 2025 | $55.52 | $57.52 | +3.60% |
| Jan 23, 2025 | $60.98 | $65.79 | +7.89% |
| Oct 17, 2024 | $62.53 | $58.31 | -6.75% |
| Jul 18, 2024 | $54.18 | $55.90 | +3.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Metropolitan Bank Holding (MCB) report earnings?
Metropolitan Bank Holding (MCB) is schdueled to report earning on Apr 21, 2025, TBA Not Confirmed.
What is Metropolitan Bank Holding (MCB) earnings time?
Metropolitan Bank Holding (MCB) earnings time is at Apr 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MCB EPS forecast?
MCB EPS forecast for the fiscal quarter 2025 (Q1) is 1.53.
---