Metropolitan Bank Q3 EPS drops, credit losses impact results

Metropolitan Bank Holding

23/10/2025 21:12

Overview

Metropolitan Bank Q3 2025 EPS falls to $0.67, impacted by credit loss provisions

Net interest income grows 18.5% yr/yr, driven by loan growth

Non-performing loans ratio rises to 1.20% due to CRE loan issues

Outlook

Metropolitan Bank anticipates strong earnings momentum into 2026

Completion of MBiM technology investment expected in Q1 2026

Company cautiously optimistic about resolving certain loans by year-end or Q1 next year

Result Drivers

NET INTEREST INCOME - Driven by an increase in loan balances and a decrease in the cost of funds

CREDIT LOSS PROVISIONS - Impacted by a $23.9 mln provision for credit losses, mainly from a single CRE loan

NON-PERFORMING LOANS - Increase in ratio due to issues with a single CRE loan relationship

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$79.83 mln
Q3 EPS
$0.67
Q3 Net Income
$7.11 mln
Q3 Net Interest Income
$77.30 mln
Q3 Net Interest Margin
3.88%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Metropolitan Bank Holding Corp is $86.00, about 10% above its October 21 closing price of $77.36

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBwDJN4ga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)