Metropolitan Bank Holding Corp. Reports Q3 Earnings with Expanding Net Interest Margin
Metropolitan Bank Holding Corp. (MCB) reported strong third-quarter results, highlighted by diluted earnings per share of $2.58. The company demonstrated significant balance sheet growth and an expansion of its net interest margin to 4.36%. Looking ahead, management provided guidance for the fourth quarter, forecasting a net interest margin between 4.15% and 4.20%. Additionally, the bank signaled long-term growth ambitions, targeting approximately $1 billion in loan growth by 2026.
Tickers: $MCB
Topics: balance sheet growth earnings per share net interest margin
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