Metropolitan Bank Holding Corp. reported its financial results for the second quarter of 2025, highlighting an increase in total revenues and net income. The company achieved total revenues of $76.3 million, up from $70.6 million in the first quarter of 2025 and $67.7 million in the second quarter of 2024. Net income for the quarter reached $18.8 million, compared to $16.4 million in the first quarter of 2025 and $16.8 million in the same period last year. The diluted earnings per share $(EPS)$ for the second quarter of 2025 was $1.76, marking a 21.4% increase from the first quarter's $1.45 and a rise from $1.50 in the second quarter of 2024. The company's net interest margin improved to 3.83%, an increase from 3.68% in the previous quarter and 3.44% in the same quarter of the previous year. Metropolitan Bank Holding Corp. also reported a growth in total loans, which stood at $6.6 billion as of June 30, 2025, reflecting an increase of $270.7 million, or 4.3%, from March 31, 2025, and $773.9 million, or 13.3%, from June 30, 2024. The company remains "well capitalized," with total risk-based capital ratios of 12.2% and 12.0% for the Company and Bank, respectively, as of June 30, 2025.
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