Annual Income Statements for Metropolitan Bank
This table shows Metropolitan Bank's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Metropolitan Bank
This table shows Metropolitan Bank's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
25 |
-8.10 |
26 |
16 |
22 |
16 |
16 |
17 |
13 |
23 |
18 |
Consolidated Net Income / (Loss) |
|
25 |
-7.74 |
25 |
16 |
22 |
15 |
16 |
17 |
12 |
21 |
16 |
Net Income / (Loss) Continuing Operations |
|
25 |
-8.10 |
26 |
16 |
22 |
16 |
16 |
17 |
13 |
23 |
18 |
Total Pre-Tax Income |
|
36 |
1.28 |
34 |
25 |
28 |
20 |
24 |
24 |
18 |
31 |
23 |
Total Revenue |
|
69 |
71 |
66 |
62 |
63 |
62 |
67 |
68 |
72 |
72 |
72 |
Net Interest Income / (Expense) |
|
63 |
64 |
59 |
54 |
54 |
57 |
60 |
62 |
65 |
67 |
67 |
Total Interest Income |
|
70 |
81 |
83 |
89 |
98 |
105 |
112 |
116 |
120 |
120 |
119 |
Loans and Leases Interest Income |
|
61 |
73 |
76 |
81 |
91 |
98 |
102 |
105 |
111 |
111 |
111 |
Investment Securities Interest Income |
|
4.13 |
4.41 |
4.50 |
4.68 |
- |
- |
- |
5.49 |
5.43 |
- |
5.40 |
Deposits and Money Market Investments Interest Income |
|
5.11 |
3.29 |
2.48 |
3.09 |
1.78 |
1.97 |
4.15 |
5.17 |
3.22 |
2.47 |
1.93 |
Other Interest Income |
|
0.25 |
0.29 |
0.32 |
0.69 |
0.76 |
0.74 |
0.66 |
0.51 |
0.51 |
0.57 |
0.58 |
Total Interest Expense |
|
6.73 |
17 |
25 |
35 |
44 |
48 |
53 |
54 |
55 |
53 |
52 |
Deposits Interest Expense |
|
6.51 |
15 |
22 |
27 |
36 |
43 |
47 |
51 |
52 |
49 |
47 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
0.23 |
0.31 |
0.33 |
0.36 |
0.40 |
0.38 |
0.38 |
0.38 |
0.38 |
0.35 |
0.32 |
Total Non-Interest Income |
|
5.82 |
6.35 |
6.97 |
7.86 |
6.51 |
6.56 |
7.00 |
6.14 |
6.29 |
4.40 |
3.64 |
Other Service Charges |
|
0.00 |
- |
7.62 |
8.53 |
0.00 |
15 |
0.00 |
6.51 |
6.87 |
- |
5.03 |
Other Non-Interest Income |
|
5.91 |
- |
- |
-7.46 |
6.58 |
- |
7.03 |
-3.29 |
-3.11 |
- |
-4.32 |
Provision for Credit Losses |
|
2.01 |
2.31 |
0.65 |
4.31 |
0.79 |
6.54 |
0.53 |
1.54 |
2.69 |
1.50 |
4.51 |
Total Non-Interest Expense |
|
31 |
67 |
31 |
32 |
34 |
34 |
42 |
42 |
51 |
38 |
43 |
Salaries and Employee Benefits |
|
15 |
16 |
16 |
15 |
17 |
18 |
20 |
19 |
20 |
20 |
22 |
Net Occupancy & Equipment Expense |
|
3.21 |
3.43 |
3.66 |
3.77 |
3.57 |
3.29 |
5.35 |
5.37 |
5.44 |
4.51 |
4.68 |
Property & Liability Insurance Claims |
|
1.11 |
1.03 |
2.81 |
1.64 |
1.98 |
2.64 |
2.93 |
2.93 |
2.95 |
2.98 |
2.97 |
Other Operating Expenses |
|
12 |
46 |
8.30 |
12 |
11 |
9.99 |
14 |
15 |
23 |
11 |
13 |
Income Tax Expense |
|
11 |
9.02 |
8.76 |
9.30 |
6.29 |
5.30 |
8.08 |
7.08 |
5.30 |
9.93 |
7.01 |
Basic Earnings per Share |
|
$2.28 |
($0.72) |
$2.26 |
$1.39 |
$1.99 |
$1.31 |
$1.46 |
$1.50 |
$1.10 |
$1.91 |
$1.46 |
Weighted Average Basic Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Diluted Earnings per Share |
|
$2.23 |
($0.70) |
$2.25 |
$1.37 |
$1.97 |
$1.32 |
$1.46 |
$1.50 |
$1.08 |
$1.89 |
$1.45 |
Weighted Average Diluted Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Weighted Average Basic & Diluted Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Annual Cash Flow Statements for Metropolitan Bank
This table details how cash moves in and out of Metropolitan Bank's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
20 |
17 |
178 |
-28 |
156 |
475 |
1,495 |
-2,102 |
12 |
-69 |
Net Cash From Operating Activities |
|
5.44 |
15 |
31 |
27 |
39 |
87 |
37 |
86 |
42 |
148 |
Net Cash From Continuing Operating Activities |
|
5.44 |
15 |
31 |
27 |
39 |
87 |
37 |
86 |
42 |
148 |
Net Income / (Loss) Continuing Operations |
|
4.27 |
5.01 |
12 |
26 |
30 |
39 |
61 |
59 |
77 |
67 |
Consolidated Net Income / (Loss) |
|
4.27 |
5.01 |
12 |
26 |
30 |
39 |
61 |
59 |
77 |
67 |
Provision For Loan Losses |
|
2.02 |
8.06 |
7.06 |
3.14 |
4.22 |
9.49 |
3.82 |
10 |
12 |
6.26 |
Depreciation Expense |
|
0.70 |
0.79 |
0.98 |
1.36 |
1.61 |
4.60 |
5.06 |
9.71 |
7.14 |
-11 |
Non-Cash Adjustments to Reconcile Net Income |
|
-2.93 |
8.01 |
3.22 |
-0.59 |
1.00 |
0.42 |
-2.85 |
5.79 |
6.49 |
-7.06 |
Changes in Operating Assets and Liabilities, net |
|
0.90 |
-7.67 |
7.48 |
-2.76 |
1.39 |
33 |
-29 |
0.85 |
-61 |
94 |
Net Cash From Investing Activities |
|
-187 |
-234 |
-367 |
-455 |
-1,015 |
-489 |
-1,303 |
-1,229 |
-775 |
-370 |
Net Cash From Continuing Investing Activities |
|
-187 |
-234 |
-367 |
-455 |
-1,015 |
-489 |
-1,303 |
-1,229 |
-775 |
-370 |
Purchase of Investment Securities |
|
-195 |
-245 |
-387 |
-493 |
-1,022 |
-719 |
-1,491 |
-1,371 |
-1,036 |
-511 |
Sale and/or Maturity of Investments |
|
9.77 |
12 |
22 |
39 |
59 |
230 |
188 |
141 |
261 |
141 |
Net Cash From Financing Activities |
|
202 |
236 |
513 |
399 |
1,132 |
877 |
2,761 |
-958 |
745 |
152 |
Net Cash From Continuing Financing Activities |
|
202 |
236 |
513 |
399 |
1,132 |
877 |
2,761 |
-958 |
745 |
152 |
Net Change in Deposits |
|
157 |
228 |
411 |
256 |
1,130 |
1,028 |
2,606 |
-1,158 |
459 |
246 |
Issuance of Debt |
|
97 |
120 |
351 |
293 |
1,071 |
0.00 |
0.00 |
100 |
340 |
0.00 |
Repayment of Debt |
|
-65 |
-138 |
-363 |
-150 |
-1,069 |
-150 |
-4.50 |
-49 |
-0.14 |
-200 |
Repurchase of Common Equity |
|
- |
- |
-0.26 |
-0.13 |
-0.09 |
-0.88 |
-3.39 |
-1.56 |
-3.17 |
-4.58 |
Other Financing Activities, Net |
|
- |
- |
0.14 |
0.36 |
- |
0.00 |
0.00 |
150 |
-51 |
111 |
Cash Interest Paid |
|
5.03 |
6.18 |
8.15 |
12 |
32 |
19 |
16 |
32 |
151 |
215 |
Cash Income Taxes Paid |
|
3.27 |
5.27 |
8.79 |
14 |
15 |
19 |
24 |
35 |
36 |
35 |
Quarterly Cash Flow Statements for Metropolitan Bank
This table details how cash moves in and out of Metropolitan Bank's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-633 |
-451 |
42 |
-98 |
-24 |
92 |
265 |
-290 |
74 |
-118 |
-3.81 |
Net Cash From Operating Activities |
|
53 |
11 |
39 |
6.66 |
27 |
-31 |
25 |
35 |
4.80 |
83 |
7.77 |
Net Cash From Continuing Operating Activities |
|
53 |
11 |
39 |
6.66 |
27 |
-31 |
25 |
35 |
4.80 |
83 |
7.77 |
Net Income / (Loss) Continuing Operations |
|
25 |
-7.74 |
25 |
16 |
22 |
15 |
16 |
17 |
12 |
21 |
16 |
Consolidated Net Income / (Loss) |
|
25 |
-7.74 |
25 |
16 |
22 |
15 |
16 |
17 |
12 |
21 |
16 |
Provision For Loan Losses |
|
2.01 |
2.31 |
0.65 |
4.31 |
0.79 |
6.54 |
0.53 |
1.54 |
2.69 |
1.50 |
4.51 |
Depreciation Expense |
|
2.60 |
4.83 |
1.23 |
2.78 |
0.82 |
2.31 |
-3.19 |
-2.54 |
-3.29 |
-2.38 |
-1.45 |
Non-Cash Adjustments to Reconcile Net Income |
|
-12 |
-0.60 |
2.71 |
2.27 |
2.21 |
-0.70 |
10 |
6.14 |
-1.28 |
-22 |
1.71 |
Changes in Operating Assets and Liabilities, net |
|
36 |
13 |
9.37 |
-18 |
1.60 |
-53 |
1.02 |
13 |
-5.59 |
85 |
-13 |
Net Cash From Investing Activities |
|
-234 |
-240 |
1.59 |
-305 |
-195 |
-277 |
-117 |
-107 |
-31 |
-115 |
-307 |
Net Cash From Continuing Investing Activities |
|
-234 |
-240 |
1.59 |
-305 |
-195 |
-277 |
-117 |
-107 |
-31 |
-115 |
-307 |
Purchase of Investment Securities |
|
-262 |
-283 |
-71 |
-384 |
-269 |
-313 |
-144 |
-162 |
-55 |
-150 |
-367 |
Sale and/or Maturity of Investments |
|
27 |
43 |
72 |
78 |
74 |
36 |
27 |
55 |
24 |
35 |
60 |
Net Cash From Financing Activities |
|
-452 |
-223 |
1.47 |
201 |
143 |
400 |
357 |
-218 |
100 |
-87 |
295 |
Net Cash From Continuing Financing Activities |
|
-452 |
-223 |
1.47 |
201 |
143 |
400 |
357 |
-218 |
100 |
-87 |
295 |
Net Change in Deposits |
|
-447 |
-454 |
-146 |
157 |
233 |
216 |
500 |
-68 |
100 |
-287 |
466 |
Issuance of Debt |
|
-5.55 |
106 |
100 |
0.04 |
155 |
85 |
100 |
-0.04 |
-100 |
- |
9.96 |
Repayment of Debt |
|
0.42 |
-25 |
0.00 |
-0.07 |
0.07 |
-0.14 |
-140 |
-150 |
100 |
-10 |
-80 |
Repurchase of Common Equity |
|
- |
-0.37 |
-1.34 |
- |
-1.83 |
- |
-4.46 |
-0.02 |
-0.03 |
-0.07 |
-16 |
Other Financing Activities, Net |
|
- |
150 |
49 |
44 |
-243 |
99 |
-99 |
- |
- |
210 |
-85 |
Cash Interest Paid |
|
6.69 |
16 |
25 |
35 |
44 |
48 |
52 |
53 |
53 |
57 |
51 |
Cash Income Taxes Paid |
|
11 |
6.67 |
3.19 |
19 |
12 |
1.65 |
11 |
8.05 |
11 |
4.79 |
8.17 |
Annual Balance Sheets for Metropolitan Bank
This table presents Metropolitan Bank's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
1,220 |
1,760 |
2,183 |
3,358 |
4,331 |
7,116 |
6,267 |
7,068 |
7,301 |
Cash and Due from Banks |
|
83 |
261 |
233 |
389 |
864 |
2,388 |
257 |
269 |
200 |
Trading Account Securities |
|
44 |
38 |
35 |
239 |
269 |
949 |
956 |
930 |
911 |
Loans and Leases, Net of Allowance |
|
1,043 |
1,405 |
1,846 |
2,647 |
3,102 |
3,697 |
4,796 |
5,567 |
5,971 |
Loans and Leases |
|
1,055 |
1,420 |
1,865 |
2,673 |
3,137 |
3,732 |
4,841 |
5,625 |
6,034 |
Allowance for Loan and Lease Losses |
|
12 |
15 |
19 |
26 |
35 |
35 |
45 |
58 |
63 |
Other Assets |
|
33 |
36 |
52 |
61 |
73 |
57 |
258 |
301 |
219 |
Total Liabilities & Shareholders' Equity |
|
1,220 |
1,760 |
2,183 |
3,358 |
4,331 |
7,116 |
6,267 |
7,068 |
7,301 |
Total Liabilities |
|
1,111 |
1,523 |
1,918 |
3,058 |
3,990 |
6,473 |
5,691 |
6,409 |
6,571 |
Non-Interest Bearing Deposits |
|
403 |
813 |
799 |
1,090 |
1,726 |
3,669 |
2,422 |
1,838 |
1,334 |
Interest Bearing Deposits |
|
590 |
592 |
862 |
1,700 |
2,103 |
2,767 |
2,856 |
3,899 |
4,649 |
Federal Funds Purchased and Securities Sold |
|
- |
- |
- |
- |
- |
0.00 |
150 |
99 |
210 |
Long-Term Debt |
|
99 |
87 |
230 |
232 |
82 |
0.00 |
128 |
468 |
268 |
Other Long-Term Liabilities |
|
18 |
31 |
26 |
34 |
77 |
37 |
135 |
104 |
110 |
Total Equity & Noncontrolling Interests |
|
109 |
237 |
265 |
299 |
341 |
557 |
576 |
659 |
730 |
Total Preferred & Common Equity |
|
109 |
237 |
265 |
299 |
341 |
557 |
576 |
659 |
730 |
Total Common Equity |
|
109 |
237 |
265 |
299 |
341 |
557 |
576 |
659 |
730 |
Common Stock |
|
96 |
211 |
214 |
217 |
219 |
383 |
389 |
396 |
400 |
Retained Earnings |
|
13 |
26 |
51 |
81 |
121 |
181 |
241 |
316 |
383 |
Treasury Stock |
|
- |
- |
- |
- |
- |
- |
- |
- |
0.00 |
Accumulated Other Comprehensive Income / (Loss) |
|
-0.17 |
-0.21 |
-0.47 |
1.21 |
0.97 |
-7.50 |
-54 |
-53 |
-53 |
Quarterly Balance Sheets for Metropolitan Bank
This table presents Metropolitan Bank's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
6,422 |
6,310 |
6,522 |
6,683 |
7,453 |
7,266 |
7,403 |
7,616 |
Cash and Due from Banks |
|
709 |
332 |
202 |
177 |
534 |
245 |
318 |
196 |
Trading Account Securities |
|
945 |
444 |
942 |
909 |
958 |
954 |
949 |
923 |
Loans and Leases, Net of Allowance |
|
4,575 |
4,804 |
5,098 |
5,302 |
5,661 |
5,779 |
5,835 |
6,274 |
Loans and Leases |
|
4,617 |
4,852 |
5,150 |
5,354 |
5,719 |
5,839 |
5,897 |
6,342 |
Allowance for Loan and Lease Losses |
|
43 |
48 |
52 |
52 |
59 |
60 |
62 |
68 |
Other Assets |
|
153 |
259 |
281 |
295 |
300 |
288 |
301 |
223 |
Total Liabilities & Shareholders' Equity |
|
6,422 |
6,310 |
6,522 |
6,683 |
7,453 |
7,266 |
7,403 |
7,616 |
Total Liabilities |
|
5,840 |
5,663 |
5,901 |
6,048 |
6,780 |
6,573 |
6,688 |
6,878 |
Non-Interest Bearing Deposits |
|
3,058 |
2,123 |
1,730 |
1,747 |
1,928 |
1,883 |
1,780 |
1,385 |
Interest Bearing Deposits |
|
2,674 |
3,009 |
3,558 |
3,775 |
4,310 |
4,286 |
4,490 |
5,065 |
Federal Funds Purchased and Securities Sold |
|
- |
195 |
243 |
0.00 |
0.00 |
0.00 |
0.00 |
125 |
Long-Term Debt |
|
48 |
200 |
228 |
383 |
428 |
278 |
278 |
198 |
Other Long-Term Liabilities |
|
60 |
136 |
141 |
144 |
114 |
125 |
140 |
106 |
Total Equity & Noncontrolling Interests |
|
582 |
608 |
621 |
635 |
674 |
692 |
715 |
738 |
Total Preferred & Common Equity |
|
582 |
608 |
621 |
635 |
674 |
692 |
715 |
738 |
Total Common Equity |
|
582 |
608 |
621 |
635 |
674 |
692 |
715 |
738 |
Common Stock |
|
388 |
394 |
393 |
394 |
393 |
396 |
398 |
399 |
Retained Earnings |
|
249 |
264 |
279 |
301 |
332 |
349 |
361 |
399 |
Treasury Stock |
|
- |
- |
- |
- |
- |
- |
- |
-13 |
Accumulated Other Comprehensive Income / (Loss) |
|
-54 |
-50 |
-51 |
-60 |
-52 |
-52 |
-44 |
-47 |
Annual Metrics And Ratios for Metropolitan Bank
This table displays calculated financial ratios and metrics derived from Metropolitan Bank's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
38.01% |
39.28% |
31.21% |
30.29% |
39.77% |
25.63% |
42.45% |
-1.20% |
10.13% |
EBITDA Growth |
|
0.00% |
14.75% |
170.96% |
54.44% |
20.21% |
38.31% |
47.01% |
14.24% |
8.73% |
-24.72% |
EBIT Growth |
|
0.00% |
18.01% |
192.60% |
55.97% |
19.81% |
34.80% |
49.88% |
9.82% |
12.23% |
-9.41% |
NOPAT Growth |
|
0.00% |
17.43% |
146.74% |
106.60% |
17.92% |
30.97% |
53.44% |
-1.87% |
30.03% |
-13.70% |
Net Income Growth |
|
0.00% |
17.43% |
146.74% |
106.60% |
17.92% |
30.97% |
53.44% |
-1.87% |
30.03% |
-13.70% |
EPS Growth |
|
0.00% |
-72.08% |
444.19% |
30.77% |
16.34% |
30.90% |
38.41% |
-17.98% |
30.62% |
-14.18% |
Operating Cash Flow Growth |
|
0.00% |
167.46% |
116.19% |
-14.02% |
43.96% |
124.02% |
-57.29% |
130.41% |
-50.60% |
249.92% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
49.25% |
-40.32% |
95.51% |
2,372.80% |
-208.32% |
99.26% |
-29,000.67% |
156.70% |
Invested Capital Growth |
|
0.00% |
0.00% |
55.47% |
52.59% |
7.41% |
-20.38% |
52.15% |
9.42% |
60.06% |
-11.47% |
Revenue Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-2.73% |
-13.64% |
31.62% |
10.89% |
6.08% |
-3.63% |
3.85% |
EBITDA Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-3.11% |
-31.00% |
98.17% |
12.08% |
-17.44% |
22.69% |
14.15% |
EBIT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-3.66% |
-32.62% |
111.45% |
11.01% |
-20.88% |
20.61% |
12.90% |
NOPAT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
13.10% |
5.53% |
11.00% |
13.31% |
-30.94% |
40.59% |
11.45% |
Net Income Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
13.10% |
5.53% |
11.00% |
13.31% |
-30.94% |
40.59% |
11.45% |
EPS Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
13.33% |
5.33% |
10.69% |
5.05% |
-31.21% |
41.31% |
10.63% |
Operating Cash Flow Q/Q Growth |
|
0.00% |
0.00% |
13.61% |
-43.90% |
6.11% |
94.29% |
-29.10% |
-4.44% |
-49.89% |
332.75% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
92.71% |
34.70% |
2.42% |
-101.49% |
-3.69% |
131.44% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
36.49% |
10.64% |
4.18% |
3.22% |
11.83% |
10.71% |
0.46% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
25.68% |
21.35% |
41.53% |
48.88% |
45.10% |
44.63% |
52.23% |
41.88% |
46.09% |
31.51% |
EBIT Margin |
|
21.87% |
18.70% |
39.29% |
46.70% |
42.95% |
41.42% |
49.42% |
38.10% |
43.28% |
35.60% |
Profit (Net Income) Margin |
|
13.67% |
11.63% |
20.61% |
32.45% |
29.37% |
27.52% |
33.61% |
23.16% |
30.48% |
23.88% |
Tax Burden Percent |
|
62.52% |
62.21% |
52.46% |
69.49% |
68.39% |
68.14% |
67.61% |
61.33% |
72.27% |
68.69% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
97.51% |
100.61% |
99.11% |
97.44% |
97.67% |
Effective Tax Rate |
|
37.48% |
37.79% |
47.54% |
30.51% |
31.61% |
31.86% |
32.39% |
38.67% |
27.73% |
31.31% |
Return on Invested Capital (ROIC) |
|
0.00% |
4.81% |
4.64% |
6.24% |
5.87% |
8.27% |
11.35% |
8.82% |
8.44% |
6.28% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
4.81% |
4.64% |
6.24% |
5.87% |
8.27% |
11.35% |
8.82% |
8.44% |
6.28% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
4.35% |
2.50% |
3.95% |
4.82% |
4.06% |
2.14% |
1.67% |
4.08% |
3.33% |
Return on Equity (ROE) |
|
0.00% |
9.16% |
7.14% |
10.19% |
10.69% |
12.33% |
13.49% |
10.49% |
12.51% |
9.60% |
Cash Return on Invested Capital (CROIC) |
|
0.00% |
-195.19% |
-38.78% |
-35.40% |
-1.27% |
30.96% |
-30.01% |
-0.18% |
-37.75% |
18.45% |
Operating Return on Assets (OROA) |
|
0.00% |
0.66% |
1.58% |
1.87% |
1.59% |
1.55% |
1.56% |
1.46% |
1.65% |
1.38% |
Return on Assets (ROA) |
|
0.00% |
0.41% |
0.83% |
1.30% |
1.09% |
1.03% |
1.06% |
0.89% |
1.16% |
0.93% |
Return on Common Equity (ROCE) |
|
0.00% |
9.16% |
7.14% |
10.19% |
10.69% |
12.33% |
13.49% |
10.49% |
12.51% |
9.60% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
4.58% |
5.22% |
9.66% |
10.07% |
11.58% |
10.87% |
10.32% |
11.72% |
9.14% |
Net Operating Profit after Tax (NOPAT) |
|
4.27 |
5.01 |
12 |
26 |
30 |
39 |
61 |
59 |
77 |
67 |
NOPAT Margin |
|
13.67% |
11.63% |
20.61% |
32.45% |
29.37% |
27.52% |
33.61% |
23.16% |
30.48% |
23.88% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
53.94% |
48.73% |
39.24% |
44.08% |
36.82% |
35.93% |
32.84% |
27.61% |
32.04% |
35.29% |
Operating Expenses to Revenue |
|
71.68% |
62.59% |
48.95% |
49.31% |
52.94% |
51.96% |
48.47% |
57.96% |
51.88% |
62.16% |
Earnings before Interest and Taxes (EBIT) |
|
6.83 |
8.06 |
24 |
37 |
44 |
59 |
89 |
98 |
110 |
99 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
8.02 |
9.20 |
25 |
38 |
46 |
64 |
94 |
107 |
117 |
88 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
0.00 |
1.46 |
0.96 |
1.34 |
0.88 |
2.04 |
1.11 |
0.93 |
0.90 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
1.52 |
0.99 |
1.39 |
0.91 |
2.04 |
1.11 |
0.93 |
0.90 |
Price to Revenue (P/Rev) |
|
0.00 |
0.00 |
5.75 |
3.22 |
3.91 |
2.10 |
6.29 |
2.50 |
2.42 |
2.34 |
Price to Earnings (P/E) |
|
0.00 |
0.00 |
27.91 |
9.91 |
13.32 |
7.34 |
18.73 |
10.79 |
7.65 |
9.48 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
0.00% |
0.00% |
3.58% |
10.09% |
7.51% |
13.61% |
5.34% |
9.27% |
13.07% |
10.55% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.53 |
0.51 |
0.46 |
0.00 |
0.00 |
0.73 |
0.72 |
0.72 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
2.85 |
3.18 |
2.38 |
0.00 |
0.00 |
2.00 |
3.20 |
2.58 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
6.87 |
6.51 |
5.28 |
0.00 |
0.00 |
4.77 |
6.94 |
8.20 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
7.26 |
6.81 |
5.54 |
0.00 |
0.00 |
5.24 |
7.40 |
7.26 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
13.85 |
9.80 |
8.11 |
0.00 |
0.00 |
8.62 |
10.50 |
10.82 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
5.44 |
9.25 |
6.27 |
0.00 |
0.00 |
5.96 |
19.12 |
4.86 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
3.68 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.90 |
0.37 |
0.87 |
0.78 |
0.24 |
0.00 |
0.22 |
0.71 |
0.37 |
Long-Term Debt to Equity |
|
0.00 |
0.90 |
0.37 |
0.87 |
0.78 |
0.24 |
0.00 |
0.22 |
0.71 |
0.37 |
Financial Leverage |
|
0.00 |
0.90 |
0.54 |
0.63 |
0.82 |
0.49 |
0.19 |
0.19 |
0.48 |
0.53 |
Leverage Ratio |
|
0.00 |
11.15 |
8.60 |
7.86 |
9.83 |
12.01 |
12.75 |
11.81 |
10.80 |
10.35 |
Compound Leverage Factor |
|
0.00 |
11.15 |
8.60 |
7.86 |
9.83 |
11.72 |
12.83 |
11.71 |
10.52 |
10.10 |
Debt to Total Capital |
|
0.00% |
47.49% |
26.93% |
46.53% |
43.70% |
19.44% |
0.00% |
18.22% |
41.54% |
26.86% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
0.00% |
47.49% |
26.93% |
46.53% |
43.70% |
19.44% |
0.00% |
18.22% |
41.54% |
26.86% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
0.00% |
52.50% |
73.07% |
53.47% |
56.30% |
80.56% |
100.00% |
81.78% |
58.46% |
73.14% |
Debt to EBITDA |
|
0.00 |
10.77 |
3.50 |
5.98 |
5.02 |
1.29 |
0.00 |
1.19 |
4.01 |
3.05 |
Net Debt to EBITDA |
|
0.00 |
1.75 |
-6.98 |
-0.07 |
-3.39 |
-12.22 |
0.00 |
-1.20 |
1.70 |
0.77 |
Long-Term Debt to EBITDA |
|
0.00 |
10.77 |
3.50 |
5.98 |
5.02 |
1.29 |
0.00 |
1.19 |
4.01 |
3.05 |
Debt to NOPAT |
|
0.00 |
19.76 |
7.06 |
9.01 |
7.71 |
2.08 |
0.00 |
2.16 |
6.06 |
4.02 |
Net Debt to NOPAT |
|
0.00 |
3.21 |
-14.06 |
-0.11 |
-5.21 |
-19.82 |
0.00 |
-2.17 |
2.57 |
1.02 |
Long-Term Debt to NOPAT |
|
0.00 |
19.76 |
7.06 |
9.01 |
7.71 |
2.08 |
0.00 |
2.16 |
6.06 |
4.02 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
0.00 |
-204 |
-103 |
-145 |
-6.50 |
148 |
-160 |
-1.19 |
-346 |
196 |
Operating Cash Flow to CapEx |
|
314.26% |
1,233.73% |
1,423.47% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
-33.42 |
-11.91 |
-11.40 |
-0.20 |
8.13 |
-9.83 |
-0.04 |
-2.27 |
0.91 |
Operating Cash Flow to Interest Expense |
|
1.03 |
2.39 |
3.63 |
2.13 |
1.21 |
4.80 |
2.29 |
2.72 |
0.28 |
0.69 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.71 |
2.20 |
3.37 |
2.13 |
1.21 |
4.80 |
2.29 |
2.72 |
0.28 |
0.69 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.00 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
0.00 |
8.56 |
10.62 |
11.98 |
10.81 |
11.21 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
0.00 |
209 |
324 |
495 |
531 |
423 |
644 |
704 |
1,127 |
998 |
Invested Capital Turnover |
|
0.00 |
0.41 |
0.23 |
0.19 |
0.20 |
0.30 |
0.34 |
0.38 |
0.28 |
0.26 |
Increase / (Decrease) in Invested Capital |
|
0.00 |
209 |
116 |
170 |
37 |
-108 |
221 |
61 |
423 |
-129 |
Enterprise Value (EV) |
|
0.00 |
0.00 |
171 |
250 |
244 |
-481 |
-1,254 |
512 |
811 |
722 |
Market Capitalization |
|
0.00 |
0.00 |
345 |
253 |
401 |
301 |
1,134 |
641 |
613 |
654 |
Book Value per Share |
|
$0.00 |
$0.00 |
$28.89 |
$32.23 |
$35.95 |
$41.10 |
$52.33 |
$52.68 |
$59.57 |
$65.18 |
Tangible Book Value per Share |
|
$0.00 |
$0.00 |
$27.70 |
$31.04 |
$34.78 |
$39.93 |
$52.33 |
$52.68 |
$59.57 |
$65.18 |
Total Capital |
|
0.00 |
209 |
324 |
495 |
531 |
423 |
557 |
704 |
1,127 |
998 |
Total Debt |
|
0.00 |
99 |
87 |
230 |
232 |
82 |
0.00 |
128 |
468 |
268 |
Total Long-Term Debt |
|
0.00 |
99 |
87 |
230 |
232 |
82 |
0.00 |
128 |
468 |
268 |
Net Debt |
|
0.00 |
16 |
-174 |
-2.79 |
-157 |
-782 |
-2,388 |
-129 |
199 |
68 |
Capital Expenditures (CapEx) |
|
1.73 |
1.18 |
2.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
0.00 |
99 |
87 |
230 |
232 |
82 |
87 |
128 |
468 |
268 |
Total Depreciation and Amortization (D&A) |
|
1.19 |
1.14 |
1.35 |
1.72 |
2.21 |
4.60 |
5.06 |
9.71 |
7.14 |
-11 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.54 |
$0.43 |
$2.40 |
$3.12 |
$3.63 |
$4.76 |
$6.64 |
$5.42 |
$6.95 |
$5.97 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
8.19M |
8.26M |
8.30M |
8.34M |
10.93M |
10.96M |
11.09M |
11.23M |
Adjusted Diluted Earnings per Share |
|
$1.54 |
$0.43 |
$2.34 |
$3.06 |
$3.56 |
$4.66 |
$6.45 |
$5.29 |
$6.91 |
$5.93 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
8.19M |
8.26M |
8.30M |
8.34M |
10.93M |
10.96M |
11.09M |
11.23M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
8.19M |
8.26M |
8.30M |
8.34M |
10.93M |
10.96M |
11.09M |
11.23M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
4.27 |
5.01 |
12 |
26 |
30 |
39 |
61 |
59 |
77 |
67 |
Normalized NOPAT Margin |
|
13.67% |
11.63% |
20.61% |
32.45% |
29.37% |
27.52% |
33.61% |
23.16% |
30.48% |
23.88% |
Pre Tax Income Margin |
|
21.87% |
18.70% |
39.29% |
46.70% |
42.95% |
40.39% |
49.72% |
37.76% |
42.17% |
34.77% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.30 |
1.32 |
2.72 |
2.89 |
1.37 |
3.27 |
5.47 |
3.10 |
0.72 |
0.46 |
NOPAT to Interest Expense |
|
0.81 |
0.82 |
1.43 |
2.01 |
0.94 |
2.17 |
3.72 |
1.88 |
0.51 |
0.31 |
EBIT Less CapEx to Interest Expense |
|
0.97 |
1.13 |
2.46 |
2.89 |
1.37 |
3.27 |
5.47 |
3.10 |
0.72 |
0.46 |
NOPAT Less CapEx to Interest Expense |
|
0.48 |
0.63 |
1.17 |
2.01 |
0.94 |
2.17 |
3.72 |
1.88 |
0.51 |
0.31 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
68.22% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
0.00% |
68.22% |
2.06% |
0.52% |
0.30% |
2.23% |
5.59% |
2.62% |
4.10% |
6.87% |
Quarterly Metrics And Ratios for Metropolitan Bank
This table displays calculated financial ratios and metrics derived from Metropolitan Bank's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
48.30% |
26.30% |
22.37% |
-0.60% |
-8.87% |
-12.25% |
0.85% |
9.25% |
14.28% |
16.69% |
7.90% |
EBITDA Growth |
|
53.59% |
-77.66% |
31.29% |
-19.37% |
-24.48% |
262.29% |
-40.94% |
-23.34% |
-49.07% |
28.16% |
10.48% |
EBIT Growth |
|
48.85% |
-93.80% |
32.41% |
-24.87% |
-21.31% |
1,151.47% |
-29.57% |
-5.03% |
-35.99% |
53.19% |
1.93% |
NOPAT Growth |
|
53.90% |
-140.98% |
31.83% |
-32.89% |
-11.59% |
288.22% |
-35.38% |
7.96% |
-44.40% |
47.02% |
0.93% |
Net Income Growth |
|
53.90% |
-140.98% |
31.83% |
-32.89% |
-11.59% |
288.22% |
-35.38% |
7.96% |
-44.40% |
47.02% |
0.93% |
EPS Growth |
|
25.99% |
-141.18% |
33.14% |
-33.82% |
-11.66% |
288.57% |
-35.11% |
9.49% |
-45.18% |
43.18% |
-0.68% |
Operating Cash Flow Growth |
|
126.90% |
-25.78% |
26.38% |
167.39% |
-48.54% |
-367.53% |
-35.95% |
429.13% |
-82.53% |
371.27% |
-68.94% |
Free Cash Flow Firm Growth |
|
109.30% |
66.11% |
-27.62% |
-30.67% |
-2,057.15% |
-497.51% |
-13.84% |
49.67% |
110.14% |
136.91% |
176.49% |
Invested Capital Growth |
|
1.00% |
9.42% |
38.23% |
35.50% |
61.67% |
60.06% |
30.03% |
14.24% |
-2.44% |
-11.47% |
-15.05% |
Revenue Q/Q Growth |
|
10.50% |
2.08% |
-7.57% |
-5.85% |
1.30% |
-1.71% |
7.57% |
2.00% |
5.96% |
0.37% |
-0.53% |
EBITDA Q/Q Growth |
|
10.01% |
-83.09% |
1,642.10% |
-20.72% |
3.04% |
-18.90% |
-4.90% |
2.91% |
-31.54% |
104.08% |
-23.15% |
EBIT Q/Q Growth |
|
6.03% |
-95.27% |
1,226.63% |
-25.94% |
11.06% |
-24.71% |
13.75% |
-0.14% |
-25.14% |
80.16% |
-24.31% |
NOPAT Q/Q Growth |
|
7.62% |
-131.02% |
423.98% |
-37.94% |
41.78% |
-33.97% |
11.22% |
3.68% |
-26.98% |
74.61% |
-23.64% |
Net Income Q/Q Growth |
|
7.62% |
-131.02% |
423.98% |
-37.94% |
41.78% |
-33.97% |
11.22% |
3.68% |
-26.98% |
74.61% |
-23.64% |
EPS Q/Q Growth |
|
7.73% |
-131.39% |
421.43% |
-39.11% |
43.80% |
-32.99% |
10.61% |
2.74% |
-28.00% |
75.00% |
-23.28% |
Operating Cash Flow Q/Q Growth |
|
640.13% |
-78.48% |
239.58% |
-82.93% |
312.46% |
-211.88% |
181.30% |
41.05% |
-86.38% |
1,637.26% |
-90.69% |
Free Cash Flow Firm Q/Q Growth |
|
111.81% |
-465.19% |
-206.13% |
1.07% |
-76.95% |
-11.49% |
41.67% |
56.26% |
135.64% |
306.04% |
20.85% |
Invested Capital Q/Q Growth |
|
0.45% |
11.83% |
20.31% |
0.27% |
19.85% |
10.71% |
-2.26% |
-11.91% |
2.34% |
0.46% |
-6.22% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
55.80% |
9.24% |
53.99% |
45.46% |
46.24% |
38.15% |
31.62% |
31.90% |
20.61% |
41.90% |
32.37% |
EBIT Margin |
|
52.05% |
2.41% |
52.12% |
41.00% |
44.95% |
34.43% |
36.40% |
35.64% |
25.18% |
45.19% |
34.39% |
Profit (Net Income) Margin |
|
36.04% |
-10.95% |
37.91% |
24.98% |
34.97% |
23.49% |
24.29% |
24.69% |
17.01% |
29.60% |
22.72% |
Tax Burden Percent |
|
69.42% |
-604.22% |
74.11% |
62.60% |
77.81% |
73.33% |
66.72% |
70.34% |
69.81% |
68.33% |
70.00% |
Interest Burden Percent |
|
99.75% |
75.09% |
98.14% |
97.35% |
99.99% |
93.05% |
100.00% |
98.49% |
96.79% |
95.84% |
94.38% |
Effective Tax Rate |
|
30.58% |
704.22% |
25.89% |
37.40% |
22.19% |
26.67% |
33.28% |
29.66% |
30.19% |
31.67% |
30.00% |
Return on Invested Capital (ROIC) |
|
13.91% |
-4.17% |
14.00% |
9.11% |
11.17% |
6.50% |
6.33% |
7.05% |
4.55% |
7.78% |
6.34% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
13.91% |
-4.17% |
14.00% |
9.11% |
11.17% |
6.50% |
6.33% |
7.05% |
4.55% |
7.78% |
6.34% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.59% |
-0.79% |
3.50% |
2.14% |
3.95% |
3.14% |
3.30% |
2.72% |
2.23% |
4.12% |
2.81% |
Return on Equity (ROE) |
|
15.50% |
-4.96% |
17.50% |
11.25% |
15.12% |
9.65% |
9.63% |
9.77% |
6.78% |
11.90% |
9.16% |
Cash Return on Invested Capital (CROIC) |
|
12.74% |
-0.18% |
-23.13% |
-22.31% |
-40.47% |
-37.75% |
-19.09% |
-5.64% |
8.42% |
18.45% |
22.84% |
Operating Return on Assets (OROA) |
|
2.00% |
0.09% |
2.17% |
1.65% |
1.80% |
1.31% |
1.34% |
1.34% |
0.96% |
1.76% |
1.30% |
Return on Assets (ROA) |
|
1.39% |
-0.42% |
1.58% |
1.00% |
1.40% |
0.89% |
0.90% |
0.93% |
0.65% |
1.15% |
0.86% |
Return on Common Equity (ROCE) |
|
15.50% |
-4.96% |
17.50% |
11.25% |
15.12% |
9.65% |
9.63% |
9.77% |
6.78% |
11.90% |
9.16% |
Return on Equity Simple (ROE_SIMPLE) |
|
14.78% |
0.00% |
10.77% |
9.31% |
8.66% |
0.00% |
10.15% |
10.06% |
8.37% |
0.00% |
9.06% |
Net Operating Profit after Tax (NOPAT) |
|
25 |
-7.74 |
25 |
16 |
22 |
15 |
16 |
17 |
12 |
21 |
16 |
NOPAT Margin |
|
36.04% |
-10.95% |
37.91% |
24.98% |
34.97% |
23.49% |
24.29% |
24.69% |
17.01% |
29.60% |
22.72% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
25.68% |
27.34% |
30.10% |
30.60% |
32.93% |
34.67% |
37.75% |
35.12% |
35.12% |
33.34% |
36.71% |
Operating Expenses to Revenue |
|
45.05% |
94.32% |
46.90% |
52.09% |
53.80% |
55.03% |
62.81% |
62.10% |
71.09% |
52.73% |
59.35% |
Earnings before Interest and Taxes (EBIT) |
|
36 |
1.71 |
34 |
26 |
28 |
21 |
24 |
24 |
18 |
33 |
25 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
39 |
6.53 |
36 |
28 |
29 |
24 |
21 |
22 |
15 |
30 |
23 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.21 |
1.11 |
0.61 |
0.63 |
0.63 |
0.93 |
0.63 |
0.68 |
0.82 |
0.90 |
0.85 |
Price to Tangible Book Value (P/TBV) |
|
1.23 |
1.11 |
0.61 |
0.63 |
0.63 |
0.93 |
0.63 |
0.68 |
0.82 |
0.90 |
0.85 |
Price to Revenue (P/Rev) |
|
2.91 |
2.50 |
1.38 |
1.45 |
1.53 |
2.42 |
1.68 |
1.81 |
2.19 |
2.34 |
2.21 |
Price to Earnings (P/E) |
|
8.14 |
10.79 |
5.47 |
6.43 |
6.96 |
7.65 |
6.05 |
6.59 |
9.45 |
9.48 |
8.91 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
12.28% |
9.27% |
18.27% |
15.56% |
14.37% |
13.07% |
16.52% |
15.17% |
10.58% |
10.55% |
11.22% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.07 |
0.73 |
0.28 |
0.49 |
0.60 |
0.72 |
0.29 |
0.52 |
0.55 |
0.72 |
0.67 |
Enterprise Value to Revenue (EV/Rev) |
|
0.17 |
2.00 |
0.89 |
1.54 |
2.31 |
3.20 |
1.26 |
1.94 |
2.04 |
2.58 |
2.21 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.33 |
4.77 |
2.15 |
3.97 |
6.37 |
6.94 |
3.27 |
5.52 |
7.11 |
8.20 |
6.99 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.34 |
5.24 |
2.24 |
4.22 |
6.68 |
7.40 |
3.22 |
5.14 |
6.23 |
7.26 |
6.31 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.49 |
8.62 |
3.66 |
7.19 |
11.05 |
10.50 |
4.69 |
7.25 |
9.16 |
10.82 |
9.43 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.47 |
5.96 |
2.55 |
3.76 |
7.17 |
19.12 |
11.30 |
8.85 |
15.98 |
4.86 |
4.80 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.53 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
6.47 |
3.68 |
2.71 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.08 |
0.22 |
0.33 |
0.37 |
0.60 |
0.71 |
0.64 |
0.40 |
0.39 |
0.37 |
0.27 |
Long-Term Debt to Equity |
|
0.08 |
0.22 |
0.33 |
0.37 |
0.60 |
0.71 |
0.64 |
0.40 |
0.39 |
0.37 |
0.27 |
Financial Leverage |
|
0.11 |
0.19 |
0.25 |
0.24 |
0.35 |
0.48 |
0.52 |
0.39 |
0.49 |
0.53 |
0.44 |
Leverage Ratio |
|
11.17 |
11.81 |
11.08 |
11.20 |
10.77 |
10.80 |
10.74 |
10.50 |
10.43 |
10.35 |
10.68 |
Compound Leverage Factor |
|
11.14 |
8.87 |
10.87 |
10.90 |
10.77 |
10.05 |
10.74 |
10.34 |
10.10 |
9.91 |
10.08 |
Debt to Total Capital |
|
7.55% |
18.22% |
24.76% |
26.87% |
37.64% |
41.54% |
38.86% |
28.66% |
28.00% |
26.86% |
21.16% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
7.55% |
18.22% |
24.76% |
26.87% |
37.64% |
41.54% |
38.86% |
28.66% |
28.00% |
26.86% |
21.16% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
92.45% |
81.78% |
75.24% |
73.13% |
62.36% |
58.46% |
61.14% |
71.34% |
72.00% |
73.14% |
78.84% |
Debt to EBITDA |
|
0.37 |
1.19 |
1.79 |
2.18 |
4.02 |
4.01 |
4.37 |
3.04 |
3.61 |
3.05 |
2.20 |
Net Debt to EBITDA |
|
-5.08 |
-1.20 |
-1.18 |
0.25 |
2.16 |
1.70 |
-1.08 |
0.37 |
-0.52 |
0.77 |
0.02 |
Long-Term Debt to EBITDA |
|
0.37 |
1.19 |
1.79 |
2.18 |
4.02 |
4.01 |
4.37 |
3.04 |
3.61 |
3.05 |
2.20 |
Debt to NOPAT |
|
0.55 |
2.16 |
3.05 |
3.95 |
6.97 |
6.06 |
6.26 |
3.99 |
4.65 |
4.02 |
2.96 |
Net Debt to NOPAT |
|
-7.68 |
-2.17 |
-2.02 |
0.46 |
3.75 |
2.57 |
-1.55 |
0.48 |
-0.67 |
1.02 |
0.02 |
Long-Term Debt to NOPAT |
|
0.55 |
2.16 |
3.05 |
3.95 |
6.97 |
6.06 |
6.26 |
3.99 |
4.65 |
4.02 |
2.96 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
19 |
-68 |
-209 |
-207 |
-366 |
-408 |
-238 |
-104 |
37 |
151 |
182 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
2.78 |
-4.10 |
-8.46 |
-5.88 |
-8.26 |
-8.46 |
-4.53 |
-1.92 |
0.67 |
2.83 |
3.52 |
Operating Cash Flow to Interest Expense |
|
7.93 |
0.69 |
1.58 |
0.19 |
0.62 |
-0.64 |
0.48 |
0.65 |
0.09 |
1.57 |
0.15 |
Operating Cash Flow Less CapEx to Interest Expense |
|
7.93 |
0.69 |
1.58 |
0.19 |
0.62 |
-0.64 |
0.48 |
0.65 |
0.09 |
1.57 |
0.15 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
10.63 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
630 |
704 |
847 |
850 |
1,018 |
1,127 |
1,102 |
971 |
993 |
998 |
936 |
Invested Capital Turnover |
|
0.39 |
0.38 |
0.37 |
0.36 |
0.32 |
0.28 |
0.26 |
0.29 |
0.27 |
0.26 |
0.28 |
Increase / (Decrease) in Invested Capital |
|
6.24 |
61 |
234 |
223 |
388 |
423 |
254 |
121 |
-25 |
-129 |
-166 |
Enterprise Value (EV) |
|
42 |
512 |
239 |
416 |
607 |
811 |
321 |
505 |
548 |
722 |
630 |
Market Capitalization |
|
704 |
641 |
371 |
389 |
401 |
613 |
427 |
471 |
589 |
654 |
628 |
Book Value per Share |
|
$53.26 |
$52.68 |
$55.46 |
$55.42 |
$57.39 |
$59.57 |
$60.73 |
$61.86 |
$63.90 |
$65.18 |
$65.73 |
Tangible Book Value per Share |
|
$52.37 |
$52.68 |
$55.46 |
$55.42 |
$57.39 |
$59.57 |
$60.73 |
$61.86 |
$63.90 |
$65.18 |
$65.73 |
Total Capital |
|
630 |
704 |
808 |
850 |
1,018 |
1,127 |
1,102 |
971 |
993 |
998 |
936 |
Total Debt |
|
48 |
128 |
200 |
228 |
383 |
468 |
428 |
278 |
278 |
268 |
198 |
Total Long-Term Debt |
|
48 |
128 |
200 |
228 |
383 |
468 |
428 |
278 |
278 |
268 |
198 |
Net Debt |
|
-661 |
-129 |
-132 |
26 |
206 |
199 |
-106 |
33 |
-40 |
68 |
1.56 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
48 |
128 |
239 |
228 |
383 |
468 |
428 |
278 |
278 |
268 |
198 |
Total Depreciation and Amortization (D&A) |
|
2.60 |
4.83 |
1.23 |
2.78 |
0.82 |
2.31 |
-3.19 |
-2.54 |
-3.29 |
-2.38 |
-1.45 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.28 |
($0.72) |
$2.26 |
$1.39 |
$1.99 |
$1.31 |
$1.46 |
$1.50 |
$1.10 |
$1.91 |
$1.46 |
Adjusted Weighted Average Basic Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Adjusted Diluted Earnings per Share |
|
$2.23 |
($0.70) |
$2.25 |
$1.37 |
$1.97 |
$1.32 |
$1.46 |
$1.50 |
$1.08 |
$1.89 |
$1.45 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
10.93M |
10.96M |
11.21M |
11.06M |
11.06M |
11.09M |
11.19M |
11.19M |
11.20M |
11.23M |
10.66M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
25 |
0.90 |
25 |
16 |
22 |
15 |
16 |
17 |
12 |
21 |
16 |
Normalized NOPAT Margin |
|
36.04% |
1.27% |
37.91% |
24.98% |
34.97% |
23.49% |
24.29% |
24.69% |
17.01% |
29.60% |
22.72% |
Pre Tax Income Margin |
|
51.92% |
1.81% |
51.15% |
39.91% |
44.94% |
32.03% |
36.40% |
35.10% |
24.37% |
43.31% |
32.46% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.35 |
0.10 |
1.39 |
0.72 |
0.64 |
0.44 |
0.46 |
0.45 |
0.33 |
0.61 |
0.48 |
NOPAT to Interest Expense |
|
3.71 |
-0.46 |
1.01 |
0.44 |
0.50 |
0.30 |
0.31 |
0.31 |
0.22 |
0.40 |
0.32 |
EBIT Less CapEx to Interest Expense |
|
5.35 |
0.10 |
1.39 |
0.72 |
0.64 |
0.44 |
0.46 |
0.45 |
0.33 |
0.61 |
0.48 |
NOPAT Less CapEx to Interest Expense |
|
3.71 |
-0.46 |
1.01 |
0.44 |
0.50 |
0.30 |
0.31 |
0.31 |
0.22 |
0.40 |
0.32 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
2.71% |
2.62% |
2.60% |
2.95% |
6.44% |
4.10% |
9.20% |
9.06% |
7.54% |
6.87% |
24.32% |
Key Financial Trends
Metropolitan Bank Holding Corp. (NYSE: MCB) has shown a generally positive financial performance trend over the past four years with some fluctuations in key financial metrics across quarters. Here are the key financial highlights and trends based on the recent quarterly data through Q1 2025 and going back to early 2022:
- The bank's net interest income has steadily increased from approximately $53.75 million in Q2 2023 to about $66.95 million in Q1 2025, showing growth in its core lending and deposit interest margin.
- Net income attributable to common shareholders rose from $15.56 million in Q2 2023 to $17.75 million in Q1 2025, reflecting overall profitability improvement.
- Total assets increased from about $6.5 billion in Q2 2023 to a peak over $7.6 billion in Q1 2025, indicating the bank's asset base expansion.
- Loans and leases net of allowance rose significantly, growing from roughly $5.1 billion in Q2 2023 to approximately $6.27 billion by Q1 2025, suggesting expanded lending activity.
- Total deposits increased notably, with interest-bearing deposits growing to $5.06 billion in Q1 2025 from $3.56 billion in Q2 2023, highlighting strong customer deposit inflows and balance sheet strength.
- Provision for loan losses was managed prudently, increasing from $4.3 million in Q2 2023 to $4.5 million in Q1 2025, reflective of conservative risk management amid loan portfolio growth.
- Non-interest income exhibits variability, with other service charges and non-interest income fluctuating quarter to quarter, contributing modestly to total revenue.
- Operating expenses have risen from about $32.44 million in Q2 2023 to $42.7 million in Q1 2025, partly due to scale and possibly inflationary pressures, which may impact operating leverage.
- Non-interest expense increases have somewhat outpaced revenue growth, which could pressure profit margins if not controlled.
- Net cash flows from investing activities remain negative, often in the range of $100 million to $300 million outflows quarterly, tied to ongoing investments in securities which could pressure liquidity if sustained without offset.
Summary: Metropolitan Bank has demonstrated steady growth in net interest income and loan origination over the past four years, with improving net income and an expanding asset base. The increase in deposits supports liquidity and funding. However, rising operating expenses and consistent cash outflows in investing activities warrant monitoring. Investors should watch for continued income growth, expense management, and the quality of the loan portfolio as key indicators for future performance.
08/05/25 02:48 AMAI Generated. May Contain Errors.