The sequential improvement in NIM and efficiency ratio, combined with a dividend increase, signals strong operating momentum. Watch the Q4 conference call for guidance on NIM trajectory and loan growth sustainability in a falling-rate environment.
Price Chart
Executive Summary
Metropolitan Bank Holding Corp. reported Q3 2026 EPS of $2.58, a 1.6% beat vs consensus of $2.54, on total revenues of $100.6M (in line with $100.7M consensus). Net interest margin expanded 28bp sequentially to 4.36%, driven by lower funding costs and higher loan yields. The board declared a $0.40 quarterly dividend, up from $0.35. Asset quality remained stable with NPLs at 0.95% and net charge-offs of only 0.18% annualized. The sequential EPS improvement from $1.54 to $2.58 was notable, but the modest beat vs consensus limits the upside surprise.
Key Financial Metrics
Key Facts
- Diluted EPS of $2.58 beat consensus of $2.54 by 1.6%
- Net interest income rose 7.9% QoQ to $97.6M; NIM expanded 28bp to 4.36%
- Total loans grew 2.8% QoQ to $7.5B; deposits grew 7.6% QoQ to $8.3B
- Quarterly dividend increased to $0.40/share from $0.35
- Efficiency ratio improved to 49.2% from 55.7% in Q2 2026
- Net charge-offs fell to 0.18% annualized from 1.95% in Q2 2026
- Total risk-based capital ratio 13.9%; well-capitalized
Financial Impact
EPS beat of ~$0.04 vs consensus; NIM expansion of 28bp QoQ; dividend increase of $0.05/share
Risk Factors
- Non-performing loans ticked up slightly to 0.95% from 0.91% QoQ
- CRE concentration remains elevated at 301% of total risk-based capital
- Securities portfolio AOCI loss widened to -$54.6M from -$39.0M QoQ
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-117424 |
| Document: mcb-ex99d2.htm | 0001104659-26-117424 |
| Document: mcb-20261020x8k.htm | 0001104659-26-117424 |
| Document: 0001104659-26-117424-index-headers.html | 0001104659-26-117424 |
| Document: 0001104659-26-117424-index.html | 0001104659-26-117424 |
| Document: 0001104659-26-117424.txt | 0001104659-26-117424 |
| 8-K Data (Synthetic) | 0001104659-26-117424 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | 8-K | $91.50 $95.90 | ▲ +4.81% | ▲ +5.99% | $96.71 (+5.69%) |
Oct 19, 2026 8d ago | 8-K | $88.87 $91.50 | ▲ +2.96% | ▲ +2.43% | $96.71 (+8.82%) |
Jun 8, 2026 20w ago | 8-K | $93.93 $93.89 | ▼ −0.04% | ▲ +1.53% | $96.71 (+2.96%) |
Jun 4, 2026 20w ago | 144 | $90.85 $91.73 | ▲ +0.97% | ▲ +0.74% | $96.71 (+6.45%) |
May 29, 2026 21w ago | 144 | $89.52 $88.49 | ▼ −1.15% | ▼ −1.43% | $96.71 (+8.03%) |
Apr 21, 2026 27w ago | 8-K | $87.38 $89.17 | ▲ +2.05% | ▲ +2.44% | $96.71 (+10.67%) |
Apr 20, 2026 27w ago | 8-K | $88.60 $87.63 | ▼ −1.09% | ▼ −2.11% | $96.71 (+9.16%) |
US Market Status
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