Brief: Metropolitan Commercial Bank Issues Updated Financial Information

Metropolitan Bank Holding

30/03/2023 22:30

March 30 (Reuters) - Metropolitan Bank Holding Corp
 MCB.N :
    * METROPOLITAN COMMERCIAL BANK ISSUES UPDATED FINANCIAL
INFORMATION
    * METROPOLITAN BANK - CO, BANK REMAIN WELL CAPITALIZED
ACROSS ALL
MEASURES OF REGULATORY CAPITAL
    * METROPOLITAN BANK HOLDING CORP - TOTAL CORE DEPOSIT
VERTICALS
WERE $5.04 BILLION COMPARED WITH $4.78 BILLION AS OF DECEMBER
31, 2022, AN INCREASE OF 5.4%.
    * METROPOLITAN BANK HOLDING CORP - INSURED DEPOSITS ACCOUNT
FOR
66% OF TOTAL DEPOSITS, UP FROM 60% AT DECEMBER 31, 2022
    * METROPOLITAN BANK HOLDING CORP - LIQUIDITY REMAINS STRONG
    * METROPOLITAN BANK - CASH ON DEPOSIT WITH FEDERAL RESERVE
BANK OF
NEW YORK AND READILY ACCESSIBLE SECURED FUNDING CAPACITY TOTALED
$3.1 BILLION
    * METROPOLITAN BANK HOLDING CORP - ASSET QUALITY REMAINS
STRONG

Source text for Eikon:  ID:nBw5gvPWla 
Further company coverage:  MCB.N 

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