Metropolitan Bank Holding Corp reports results for the quarter ended September 30 - Earnings Summary
Metropolitan Bank Holding Corp reports results for the quarter ended September 30 - Earnings Summary
Metropolitan Bank Holding Corp MCB.N reported quarterly adjusted earnings of $2.58 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of three analysts for the quarter was for earnings of $2.34 per share. Wall Street expected results to range from $2.28 to $2.39 per share.
Revenue rose 26% to $100.56 million from a year ago; analysts expected $96.78 million.
Metropolitan Bank Holding Corp's reported EPS for the quarter was $2.58.
The company reported quarterly net income of $32.44 million.
Metropolitan Bank Holding Corp shares had fallen by 0.7% this quarter and gained 13.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Metropolitan Bank Holding Corp is $108.00, about 17.7% above its last closing price of $88.87
This summary was machine generated from LSEG data October 20 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 2.34 | 2.58 | Beat |
Jun. 30 2026 | 2.26 | 1.54 | Missed |
Mar. 31 2026 | 2.31 | 2.92 | Beat |
Dec. 31 2025 | 2.07 | 2.77 | Beat |
Recent news on Metropolitan Bank Holding
See all newsMetropolitan Bank Holding Corp reports results for the quarter ended September 30 - Earnings Summary
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