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Recap: Metropolitan Bank Holding Q4 Earnings

Author: Benzinga Insights | January 18, 2024 05:15pm

Metropolitan Bank Holding (NYSE:MCB) reported its Q4 earnings results on Thursday, January 18, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Metropolitan Bank Holding missed estimated earnings by 13.51%, reporting an EPS of $1.28 versus an estimate of $1.48.

Revenue was down $6.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.34 which was followed by a 2.76% increase in the share price the next day.

Here's a look at Metropolitan Bank Holding's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.63 1.74 1.78 2.32
EPS Actual 1.97 1.37 2.25 2.43
Revenue Estimate 61.09M 62.28M 66.64M 70.92M
Revenue Actual 60.07M 61.61M 65.51M 70.25M

To track all earnings releases for Metropolitan Bank Holding visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MCB

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