Metropolitan Bank Grows Earnings in Q2
Metropolitan Bank Holding (NYSE:MCB) released its Q2 2025 results on July 17, 2025, highlighted by a 21% sequential increase in reported EPS to $1.76, 4.3% loan growth, 5.3% core deposit growth, and a tenth consecutive quarter of tangible book value per share accretion, now at $68.44. The company announced both a new $50 million share repurchase program and its first-ever dividend, underscoring its balance sheet strength and shareholder return prioritization.
Net interest margin (NIM) rose to 3.83% -- a 15 basis point sequential increase and the seventh consecutive quarter of improvement -- while the cost of interest-bearing and total deposits declined by 13 and 7 basis points, respectively, driven by a changing deposit mix and effective hedging. New loan originations of $570 million carried a weighted average coupon of 7.72%, and approximately 50% were floating rate, strengthening the earning asset yield profile amid ongoing rate cycle uncertainty.
Margin improvements coupled with lower funding costs directly support higher profitability and capital generation, enhancing the company’s ability to fund disciplined loan growth and shareholder distributions without reliance on external capital markets.
Source Fool.com
