Financial Snapshot

Revenue
$19.39M
TTM
Gross Margin
Net Earnings
$59.76M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$7.403B
Q3 2024
Total Liabilities
$6.688B
Q3 2024
Book Value
$715.2M
Q3 2024
Cash
Q3 2024
P/E
12.50
Nov 29, 2024 EST
Free Cash Flow
$31.97M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $27.88M $26.85M $173.3M $143.1M $129.8M
YoY Change 3.83% -84.5% 21.1% 10.26%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $27.88M $26.85M $173.3M $143.1M $129.8M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $4.940M $4.713M $5.201M $3.387M
YoY Change 4.82% -9.38% 53.56%
% of Gross Profit
Depreciation & Amortization $2.600M $2.500M $2.400M $2.500M $1.600M $1.360M $980.0K $790.0K $700.0K
YoY Change 4.0% 4.17% -4.0% 56.25% 17.65% 38.78% 24.05% 12.86%
% of Gross Profit
Operating Expenses $4.940M $4.713M $5.201M $3.387M
YoY Change 4.82% -9.38% 53.56%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $152.6M $31.58M $16.28M $18.18M $32.17M
YoY Change 383.1% 93.95% -10.41% -43.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $106.9M $96.90M $89.57M $57.92M $44.06M $36.80M $23.60M $8.100M $6.800M
YoY Change 10.34% 8.18% 54.65% 31.45% 19.73% 55.93% 191.36% 19.12%
Income Tax $29.65M $37.47M $29.02M $18.45M $13.93M $11.20M $9.600M $3.000M $2.600M
% Of Pretax Income 27.73% 38.67% 32.39% 31.86% 31.61% 30.43% 40.68% 37.04% 38.24%
Net Earnings $76.90M $59.43M $60.56M $39.47M $30.13M $25.60M $12.40M $5.000M $4.300M
YoY Change 29.41% -1.87% 53.44% 30.97% 17.71% 106.45% 148.0% 16.28%
Net Earnings / Revenue 275.84% 221.31% 34.95% 27.58% 23.22%
Basic Earnings Per Share $6.95 $5.42 $6.64 $4.76 $3.63
Diluted Earnings Per Share $6.91 $5.29 $6.45 $4.66 $3.56 $3.084M $1.512M $649.4K $558.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $77.31M $31.87M $15.10M $13.50M $12.10M $6.900M $6.300M $5.000M $4.600M
YoY Change 142.59% 111.05% 11.85% 11.57% 75.36% 9.52% 26.0% 8.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $38.13M
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $7.068B $6.267B $7.116B $4.331B $3.358B $2.183B $1.760B $1.220B $964.8M
YoY Change
Accounts Payable $700.0K $700.0K $1.200M $1.300M $700.0K $200.0K $300.0K
YoY Change 0.0% -41.67% -7.69% 85.71% 250.0% -33.33%
Accrued Expenses $46.43M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $99.00M $150.0M
YoY Change -34.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $99.00M $150.0M $36.40M $61.60M $23.60M $1.300M $700.0K $200.0K $5.500M
YoY Change -34.0% 312.09% -40.91% 161.02% 1715.38% 85.71% 250.0% -96.36%
Long-Term Debt $28.21M $28.35M $77.80M $82.20M $88.20M $45.20M $45.10M $20.60M $20.60M
YoY Change -0.49% -63.57% -5.35% -6.8% 95.13% 0.22% 118.93% 0.0%
Other Long-Term Liabilities $93.98M $124.6M
YoY Change -24.58%
Total Long-Term Liabilities $122.2M $152.9M $77.80M $82.20M $88.20M $45.20M $45.10M $20.60M $20.60M
YoY Change -20.12% 96.59% -5.35% -6.8% 95.13% 0.22% 118.93% 0.0%
Total Liabilities $6.409B $5.691B $6.559B $3.990B $3.058B $1.918B $1.523B $1.111B $888.8M
YoY Change 12.6% -13.23% 64.4% 30.46% 59.45% 25.94% 37.11% 24.98%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 11.06M 10.93M 9.012M 8.221M 8.174M 8.134M
Diluted Shares Outstanding 11.13M 11.20M 9.273M 8.398M 8.339M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $746.77 Million

About Metropolitan Bank Holding Corp.

Metropolitan Bank Holding Corp. engages in the provision of banking solutions. The company is headquartered in New York City, New York and currently employs 275 full-time employees. The company went IPO on 2017-11-08. The Company, through its subsidiary, Metropolitan Commercial Bank, a New York state-chartered bank, provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in the New York metropolitan area. In addition to traditional commercial banking products, the Company offers corporate cash management and retail banking services, and, through Global Payments Group, provides global payments business services to non-bank financial service companies (referred to as Banking-as-a-Service) by serving as an issuing bank for third-party debit card programs, while also providing such companies with other financial infrastructure components, including cash settlement and custodian deposit services. Its commercial real estate products include acquisition loans, renovation loans, loans on owner-occupied properties and construction loans.

Industry: State Commercial Banks Peers: Amalgamated Financial Corp. BYLINE BANCORP, INC. Stellar Bancorp, Inc. COMMUNITY TRUST BANCORP INC /KY/ FARMERS & MERCHANTS BANCORP FIRST BANCSHARES INC /MS/ GREAT SOUTHERN BANCORP, INC. HANMI FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. UNIVEST FINANCIAL Corp