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Metropolitan Bank Holding Corp   (MCB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Metropolitan Bank Holding 's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Metropolitan Bank Holding 's ROA in the second quarter of 2024?
Metropolitan Bank Holding Corp achieved a return on average assets (ROA) of 1.17 % in its second quarter of 2024, this is above MCB's average return on assets of 1.03%.
Metropolitan Bank Holding Corp s assets during the 12 months ending in the second quarter of 2024 are valued at $5 billion

ROA fell compared to the first quarter of 2024, despite the net income growth of 3.68% from the first quarter of 2024.

However, within the Financial sector 378 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to 1726, from total ROA ranking in the first quarter of 2024 at 1806.

What is ROA?


Return On Assets (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Total Assets Change 12.34 % 16.62 % 6.75 % -2.9 % -20.81 %
Y / Y Net Income Change 7.96 % -35.38 % - -11.59 % -32.89 %
Net Income (TTM) in million 70 68 77 55 58
Return On Assets (TTM) 1.17 % 1.19 % 1.39 % 1.01 % 1.05 %
MCB's Total Ranking # 1726 # 1806 # 1917 # 2304 # 2415
Total Assets (TTM) in million 6,109 6,026 5,937 5,667 5,438
Seq. Total Assets Change 1.39 % 1.49 % 4.77 % 4.2 % 5.26 %
Seq. Net Income Change 3.68 % 11.22 % -33.97 % 41.78 % -37.94 %



Return On Assets Company Ranking
Within: No.
Industry # 72
Sector # 379
Overall # 1721

Return On Assets Statistics
High Average Low
1.41 %
1.03 %
0.66 %
(Mar 31 2019)   (Jun 30 2018)



  News about Metropolitan Bank Holding Corp

Metropolitan Commercial Bank Celebrated as Top Performer Joins Piper Sandlers Elite Sm-All Stars Class of 2024,

'Metropolitan Commercial Bank Earns Elite Spot in Piper Sandler?s Sm-All Stars Class of 2024'Metropolitan Commercial Bank Holding Corp. (NYSE: MCB), the parent company behind the innovative and customer-centric Metropolitan Commercial Bank, has achieved a significant milestone by being recognized as a member of Piper Sandler?s Sm-All Stars Class of 2024. This accolade marks a testament to the bank's consistent performance and its commitment to excellence in the financial industry. A Prestigious AcknowledgmentPiper Sandler, a renowned investment banking firm, has once again compiled its distinguished Sm-All Stars Class. The college of companies inducted into this class highlights 30 high-performing financial institutions that have excelled across various demanding metrics such as growth, profitability, credit, and capital. The Sm-All Stars designation is highly sought, symbolizing superior operational capability and a strong market presence.




Financial Statements
Metropolitan Bank Holding 's Assets $ 6,109 million MCB's Balance sheet
Metropolitan Bank Holding 's Income $ 17 million Quarterly MCB's Income Statement
MCB's Income by Division See MCB's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 6.75 % -21.85 % 64.32 % 28.99 % 53.83 %
Total Assets in million 5,937 5,562 7,116 4,331 3,358
Y / Y Net Income Change 30.03 % -1.87 % 53.44 % 30.97 % 17.92 %
Net Income in million 77 59 61 39 30
Return On Assets 1.3 % 1.07 % 0.85 % 0.91 % 0.9 %




Comment on MCB's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 1.3 % compared to prior year, due to annual net income growth of 30.03 % to $77.27 million, while value of Metropolitan Bank Holding 's overall assets grew just by 6.75 % to $5,936.96 million, compared to $5,936.96 a year before.


More Return On Assets Ratios
MCB's' Return on Assets at Yahoo Finance
Regional Banks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
MCB's Roa Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MCB's Competitors
Roa for Metropolitan Bank Holding 's Suppliers
Return On Assets for MCB's Customers

You may also want to know
MCB's Roi MCB's Inventory Turnover Ratio MCB's Growth Rates MCB's Dividend Comparisons
MCB's Profitability Ratios MCB's Asset Turnover Ratio MCB's Dividend Growth
MCB's Roe MCB's Valuation Ratios MCB's Financial Strength Ratios MCB's Dividend Payout Ratio



Companies with similar Return On Assets at Jun 30 2024, within Financial Sector ROA
Nasdaq Inc   3.22 %
Equinix Inc   3.21 %
Seven Hills Realty Trust  3.20 %
Silverbox Corp Iii  3.18 %
W P Carey Inc   3.17 %
Gcm Grosvenor Inc   3.17 %
Compass Digital Acquisition Corp   3.14 %
Quetta Acquisition Corporation  3.12 %
Crown Castle Inc   3.10 %
Golden Star Acquisition Corporation  3.09 %
  3.08 %
Cslm Acquisition Corp   3.08 %
Concord Acquisition Corp Ii  3.05 %
Stag Industrial inc   3.04 %
American Financial Group Inc   2.96 %
  2.95 %
Travelers Companies inc   2.93 %
Franklin Resources Inc   2.89 %
Siriuspoint Ltd   2.78 %
Tmt Acquisition Corp  2.75 %
Roth Ch Acquisition Co   2.74 %
Provident Bancorp Inc   2.72 %
Ares Management Corporation  2.71 %
The Bancorp Inc   2.69 %
International Bancshares Corporation  2.66 %
Northeast Community Bancorp inc   2.64 %
Digital Realty Trust Inc   2.62 %
Finwise Bancorp  2.61 %
The Cigna Group  2.60 %
Lument Finance Trust Inc   2.58 %


Date modified: 2024-09-07T16:49:52+00:00


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