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Get filing alertsMetropolitan Bank reports Q3 EPS of $2.58, NIM expands to 4.36%, and raises dividend to $0.40
Filed October 20, 2026 · Period ending October 20, 2026 · ~1 min read
Key Changes
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Diluted EPS was $2.58, up from $1.54 last quarter and $0.67 a year ago.
Exhibit 99.1 view on EDGAR → -
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Net interest margin expanded to 4.36%, up 28 bps sequentially and 48 bps year-over-year.
Exhibit 99.1 view on EDGAR → -
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Board declared a quarterly cash dividend of $0.40 per share, up from $0.35.
Exhibit 99.1 view on EDGAR → -
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Total loans rose to $7.5 billion, up 2.8% from June 30, 2026 and 10.6% from year-end 2025.
Exhibit 99.1 view on EDGAR → -
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Total risk-based capital ratios were 13.9% for the Company and 13.5% for the Bank.
Exhibit 99.1 view on EDGAR →
Summary
Metropolitan Bank Holding Corp. reported strong third-quarter 2026 results, with diluted EPS of $2.58, more than triple the prior-year period. Net interest margin expanded to 4.36%, driven by higher loan and securities yields and lower funding costs. The board also raised the quarterly dividend to $0.40 per share, reflecting confidence in earnings and capital strength.
Balance sheet growth continued, with loans up 2.8% sequentially and deposits up 7.6% to $8.3 billion. Capital ratios remain well above regulatory minimums, with total risk-based capital of 13.9% at the holding company. The results were furnished under Items 2.02 and 7.01, with the press release and presentation materials attached as exhibits.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Metropolitan Bank Holding Corp. announced Q3 2026 financial results via press release attached as Exhibit 99.1.
Added in current filing · verify on EDGAR →
On October 20, 2026, Metropolitan Bank Holding Corp. (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), issued a press release announcing its financial results for the third quarter of 2026.
The Company issued a press release announcing its financial results for the third quarter of 2026. The press release is attached as Exhibit 99.1 and is not deemed filed for purposes of Section 18 of the Exchange Act.
Event · Item 7.01 — Regulation FD Disclosure
MCB furnished Q3 2026 earnings presentation materials via Regulation FD.
Added in current filing · verify on EDGAR →
The Company has also made available on its website presentation materials containing additional information about the Company’s financial results for the third quarter of 2026 (the “Presentation Materials”).
The company posted presentation materials with additional detail on its third quarter 2026 financial results. The materials are furnished as Exhibit 99.2 and are not deemed filed for SEC purposes.
Event · Exhibit 99.1
MCB reports Q3 2026 diluted EPS of $2.58, NIM expansion to 4.36%, and a $0.40 quarterly dividend.
Added in current filing · view on EDGAR →
Diluted earnings per share was $2.58 for the third quarter of 2026, compared to $1.54 for the prior linked quarter and $0.67 for the prior year period.
Diluted EPS more than tripled year-over-year and rose 68% from the prior quarter, driven by strong net interest income growth and margin expansion.
Added in current filing · view on EDGAR →
The net interest margin for the third quarter of 2026 was 4.36%, an increase of 28 basis points compared to the prior linked quarter and an increase of 48 basis points compared to the prior year period.
NIM expanded to 4.36%, up 28 bps sequentially and 48 bps year-over-year, reflecting higher loan and securities yields plus lower funding costs.
Added in current filing · view on EDGAR →
Total loans at September 30, 2026 were $7.5 billion, an increase of $205.0 million, or 2.8%, from June 30, 2026 and an increase of $723.6 million, or 10.6%, from December 31, 2025.
Loans grew 2.8% sequentially and 10.6% since year-end 2025, while deposits rose 7.6% sequentially to $8.3 billion, reflecting disciplined balance sheet expansion.
Added in current filing · view on EDGAR →
At September 30, 2026, the Company and Bank displayed strong total risk-based capital ratios of 13.9% and 13.5%, respectively, well above regulatory minimums.
Both the holding company and the bank maintain total risk-based capital ratios well above regulatory minimums, with the bank remaining well capitalized.
Event · Exhibit 99.2
MCB's 3Q 2026 investor presentation shows strong growth, improved profitability, and a dividend increase.
Added in current filing · view on EDGAR →
Increased quarterly common stock cash dividend from $0.35 per share to $0.40 per share.
The company raised its quarterly common stock dividend by $0.05 per share, from $0.35 to $0.40. This signals confidence in earnings and capital strength. Note: these figures were previously disclosed in the company's Oct 19, 2026 8-K.
Added in current filing · view on EDGAR → · paraphrased
Net Income | | $ millions | $39 | $60 $59 | $77 | $67 $71 | $83 2020 2021 2022⁴ 2023⁵ 2024⁶ 2025 YTD 2026
Net income for the first nine months of 2026 reached $83 million, up from $71 million in full-year 2025. The presentation also shows 3Q 2026 net income of $32.4 million in the reconciliation table.
Added in current filing · view on EDGAR →
As s ets $9.5 B $8.9 B | L oans $7.5 B $7.3 B | Depos its $8.3 B $7.7 B
Total assets grew from $8.9 billion to $9.5 billion quarter-over-quarter, with loans up from $7.3 billion to $7.5 billion and deposits up from $7.7 billion to $8.3 billion. This reflects continued organic growth across the franchise.
Added in current filing · view on EDGAR →
Net Interes t Margin2 4.36 % 4.08 % Net C harge-offs / Average L oans 2 0.2 % 2.0 % E ffic ienc y R atio 49.2 % 55.7 % ... R OAA2 1.43 % 0.86 % R OAE 2 13.1 % 8.0 % R OATC E 1,2 13.2 % 8.1 %
Net interest margin expanded to 4.36% from 4.08%, efficiency ratio improved to 49.2% from 55.7%, and return on average assets more than doubled to 1.43% from 0.86%. Net charge-offs fell sharply to 0.2% from 2.0%.
Added in current filing · view on EDGAR →
C E T1 C apital R atio 12.8 % 12.9 % Tier 1 L everage R atio 11.5 % 11.3 % Total R is k B as ed C apital R atio 13.9 % 14.0 % TC E /TA1 R atio 10.2 % 10.8 %
Capital ratios remain strong and well above regulatory minimums. CET1 was 12.8%, Tier 1 leverage 11.5%, and total risk-based capital 13.9% at September 30, 2026.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 21, 2026 · How we verify