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Metropolitan Bank (MCB) - 2024 Q3 - Quarterly Results
MCBMetropolitan Bank (MCB)2024-10-17 20:25

Exhibit 99.1 Release: 4:05 P.M. October 17, 2024 212-365-6721 IR@MCBankNY.com Metropolitan Bank Holding Corp. Reports Third Quarter 2024 Results Strong Operating Results Underscored By Increased Net Interest Margin Financial Highlights ● The net interest margin for the third quarter of 2024 was 3.62%, an increase of 18 basis points compared to 3.44% for the second quarter of 2024. ● Total loans at September 30, 2024 were $5.9 billion, an increase of $58.2 million from June 30, 2024 and $542.6 million from S ...