Metropolitan Bank Holding Corp reports results for the quarter ended in December - Earnings Summary

Metropolitan Bank Holding

20/01/2023 12:56

* Metropolitan Bank Holding Corp  MCB.N  reported quarterly
adjusted earnings of $2.44​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of $2.33 per share.
    * Revenue rose 35.4% to $70.25 million from a year ago;
analysts
expected $70.92 million. 
    * Metropolitan Bank Holding Corp's reported EPS for the
quarter
was a loss of 71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Metropolitan Bank Holding Corp shares had risen by 0.7%
this
quarter.
    * The company reported a quarterly loss of $7.74 million.
    * Wall Street's median 12-month price target for
Metropolitan Bank
Holding Corp is $90.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
20 at 12:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.33           2.44           Beat
 Sep. 30 2022      2.34           2.23           Missed
 Jun. 30 2022      1.85           2.07           Beat
 Mar. 31 2022      1.56           1.69           Beat