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

Revenue YoY Change

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

No data

Gross Profit

No data

Gross Profit Margin

No data

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

No data

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

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

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

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

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

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

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

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

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

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

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

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