Metropolitan Bank Holding (NYSE:MCB) reported its Q4 earnings results on Thursday, January 18, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Metropolitan Bank Holding missed estimated earnings by 13.51%, reporting an EPS of $1.28 versus an estimate of $1.48.
Revenue was down $6.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.34 which was followed by a 2.76% increase in the share price the next day.
Here’s a look at Metropolitan Bank Holding’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.63 | 1.74 | 1.78 | 2.32 |
| EPS Actual | 1.97 | 1.37 | 2.25 | 2.43 |
| Revenue Estimate | 61.09M | 62.28M | 66.64M | 70.92M |
| Revenue Actual | 60.07M | 61.61M | 65.51M | 70.25M |
To track all earnings releases for Metropolitan Bank Holding visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
