Metropolitan Bank Holding Corp. (MCB) Misses Q3 Earnings Estimates

Core Insights - Metropolitan Bank Holding Corp. reported quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $1.95 per share, and down from $1.86 per share a year ago, representing an earnings surprise of -65.64% [1] - The company posted revenues of $79.84 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 2.49%, and up from $71.52 million year-over-year [2] - The stock has increased approximately 28.9% since the beginning of the year, outperforming the S&P 500's gain of 13.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.07 on revenues of $80.1 million, and for the current fiscal year, it is $7.19 on revenues of $304.2 million [7] - The estimate revisions trend for Metropolitan Bank Holding was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Banks - Northeast industry, to which Metropolitan Bank Holding belongs, is currently in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]