Metropolitan Bank Holding Corp. has recently released its 10-K report, providing detailed insights into its financial performance and operations. The company operates as the bank holding company for Metropolitan Commercial Bank, offering a range of business, commercial, and retail banking products and services primarily in the New York metropolitan area. Its lending products include commercial real estate, multi-family, construction, and consumer loans, while it also provides cash management services, online and mobile banking, ACH, remote deposit capture, and debit cards products.
In the 10-K report, the company's Management’s Discussion and Analysis of Financial Condition and Results of Operations highlights its focus on organically growing its position in the New York metropolitan area. It emphasizes its efforts to deepen existing client relationships and continually expand its client base through referrals and alternative retail banking products. The report also outlines the company's critical accounting policies, including the allowance for credit losses, and discusses the impact of recently issued accounting standards.
The 10-K report also presents selected financial information, showing that the company had total assets of $8.3 billion at December 31, 2025, representing a 13.1% increase from the previous year. The return on average assets was 0.90% in 2025, slightly down from 0.91% in 2024, while the return on average equity stood at 9.70% in 2025 compared to 9.61% in 2024. The net interest margin also showed a slight increase from 3.53% in 2024 to 3.88% in 2025.
Regarding the company's investments, total securities were $941.2 million at December 31, 2025, reflecting a 2.8% increase from the previous year. The report also details the stated maturities and weighted average yields of investment securities at the end of 2025, showcasing the composition and performance of its investment portfolio.
The report further delves into the company's allowance for credit losses, particularly for loans and securities, emphasizing the significant judgments and assumptions involved in estimating the allowance. It discusses hypothetical sensitivity analysis and the impact of changes in macroeconomic forecasts on the company's total allowance for credit losses.
Additionally, the 10-K report provides insights into the company's loan portfolio, indicating that total loans, net of deferred fees and unamortized costs, were $6.8 billion at December 31, 2025, marking a 12.9% increase from the previous year. The report highlights the increase in commercial real estate loans and the decrease in commercial and industrial loans.
The market has reacted to these announcements by moving the company's shares -3.32% to a price of $79.50. Check out the company's full 10-K submission here.
