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 trajectory over the past four years through Q1 2025, with some fluctuations observed in earnings and balance sheet metrics.
Key Positive Trends:
- Net income has grown significantly from a loss of -$7.74 million in Q4 2022 to a robust $16.35 million in Q1 2025, reflecting improving profitability.
- Loans and leases, net of allowance, increased steadily from approximately $4.57 billion in Q3 2022 to $6.27 billion in Q1 2025, indicating growth in the bank's lending activity.
- Total deposits have risen markedly, with net change in deposits of $466 million in Q1 2025 and a year-over-year increase in both interest-bearing and non-interest bearing deposit balances.
- The bank consistently generated positive net cash from continuing operating activities in recent quarters, with $7.77 million in Q1 2025, supporting liquidity and ongoing operations.
- Earnings per share showed improvement from negative EPS in late 2022 to $1.46 basic and $1.45 diluted EPS in Q1 2025, benefiting shareholders.
- Retained earnings and total common equity increased from $248.6 million and $582 million in Q3 2022 to $399 million and $738 million respectively in Q1 2025, reflecting accumulation of earnings and equity strengthening.
Neutral Observations:
- Net interest income remains a strong contributor to revenue, with consistent levels near $60-67 million per quarter, although variability in interest expenses affects net interest margin dynamics.
- Provision for loan losses fluctuated from a high of $6.5 million loss provision in late 2022 down to lower levels around $0.5 to $4.5 million in 2024 and 2025, showing responsiveness to credit conditions but with some unpredictability.
- The bank's balance of investment securities is substantial and active with repeated large purchases and sales, impacting cash flows but enabling portfolio management flexibility.
- The weighted average shares outstanding remained fairly stable around 10.6 to 11.3 million shares, with repurchases affecting equity and EPS dynamically.
Areas of Potential Concern:
- Cash and due from banks have declined from a peak of $708 million in Q3 2022 to about $196 million in Q1 2025, which could merit closer attention regarding liquidity management.
- Total non-interest expense increased in recent quarters, reaching $42-51 million, which pressures operating profitability margins.
- Net cash from investing activities has been consistently negative each quarter, notably -$306.7 million in Q1 2025, indicating heavy investment activity that may impact short-term cash balances.
- Other financing activities and significant amounts of debt repayment and issuance reflect ongoing refinancing but add complexity and potential volatility if not managed prudently.
- Accumulated other comprehensive income (AOCI) shows significant negative balance (~-$47 million in Q1 2025), which could impact equity and comprehensive income under certain accounting scenarios.
Overall, Metropolitan Bank appears to be on a positive growth trajectory with improving net income, expanding loan portfolio, and growing equity base. However, investors should watch liquidity levels and expense growth closely. The bank’s active investing and financing activities reflect strategic shifts that could influence near-term volatility. Continued improvement in credit quality and efficient cost management will be key for sustained profitability.
09/15/25 07:19 AM ETAI Generated. May Contain Errors.