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 consistent earnings and operational metrics improvement over the recent four years, with some fluctuations around 2022. Here's an analysis of the key financial trends based on the latest quarterly reports and historical data:
- Net Income: Metropolitan Bank’s consolidated net income improved significantly from a loss in Q4 2022 (-$7.7 million) to positive results in subsequent quarters, reaching $16.4 million in Q1 2025. This marks a strong earnings recovery and growth trend.
- Loan and Lease Interest Income: Interest income from loans and leases has steadily increased from around $60.6 million in Q3 2022 to $110.9 million in Q1 2025, representing healthy growth in core banking operations.
- Deposits Growth: There was a substantial increase in deposits, with net change in deposits showing strong inflows in recent quarters; for example, Q1 2025 had a $466 million increase, supporting the bank’s liquidity and funding base.
- Total Assets Growth: Total assets increased from approximately $6.4 billion at Q3 2022 to $7.6 billion at Q1 2025, indicating balance sheet expansion driven by growing loans and securities portfolios.
- Efficiency in Operating Expenses: Despite rising revenues, the bank contained non-interest expenses from $31.9 million in Q3 2022 to $42.7 million in Q1 2025; when controlled against revenue growth, this suggests improving operational efficiency.
- Provision for Credit Losses: The provisions fluctuated, increasing notably in late 2022 and early 2023 (peaking near $6.5 million in Q4 2022) but stabilizing at around $4.5 million in Q1 2025. This necessitates monitoring for credit quality trends.
- Interest Expense: Total interest expenses have generally increased over this 4-year period, from around $6.7 million in Q3 2022 to over $51.8 million in Q1 2025, reflecting possibly higher funding costs associated with deposit and debt growth.
- Equity Growth: Total common equity rose steadily from about $582 million in Q4 2022 to $738 million by Q1 2025, implying capital strengthening alongside retained earnings accrual.
- Investment Securities Activity: Quarterly cash flows show large outflows for investment securities purchases (e.g., -$366 million in Q1 2025), which could raise liquidity risk if not matched by maturities or sales, although the bank currently offsets a portion by sales and maturities.
- Cash and Due from Banks: Cash balances have decreased from highs of over $708 million in Q3 2022 down to $196 million by Q1 2025, indicating lower liquidity buffers that warrant watching in a volatile interest rate environment.
Summary: Metropolitan Bank has demonstrated strong recovery and growth in profitability and core loan income over the last four years, successfully expanding its asset base and deposit funding. Improvements in net income and earnings per share underscore operational progress. However, increased interest expense and large investing activity outflows highlight the need for vigilance on liquidity and credit quality going forward. Overall, the financial trends suggest a positive momentum for the bank with key risks to monitor.
09/19/25 08:06 AM ETAI Generated. May Contain Errors.