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Metropolitan Bank Holding (Metropolitan Bank Holding) Net Interest Margin (Bank Only) % : 3.62% (As of Mar. 2024)


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What is Metropolitan Bank Holding Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Metropolitan Bank Holding's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $238.8 Mil. Metropolitan Bank Holding's average earning assets for the quarter that ended in Mar. 2024 was $6,595.7 Mil. Therefore, Metropolitan Bank Holding's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.62%.


Metropolitan Bank Holding Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Metropolitan Bank Holding's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metropolitan Bank Holding Net Interest Margin (Bank Only) % Chart

Metropolitan Bank Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only 4.05 3.97 3.90 4.39 3.62

Metropolitan Bank Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 3.63 3.48 3.57 3.62

Competitive Comparison of Metropolitan Bank Holding's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Metropolitan Bank Holding's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Metropolitan Bank Holding's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Metropolitan Bank Holding's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Metropolitan Bank Holding's Net Interest Margin (Bank Only) % falls into.



Metropolitan Bank Holding Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Metropolitan Bank Holding's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=222.836/( (5775.977 + 6537.988)/ 2 )
=222.836/6156.9825
=3.62 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 4795.647 + 980.33
=5775.977

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 5566.832 + 971.156
=6537.988

Metropolitan Bank Holding's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=238.836/( (6537.988 + 6653.502)/ 2 )
=238.836/6595.745
=3.62 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 5566.832 + 971.156
=6537.988

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 5660.68 + 992.822
=6653.502

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Metropolitan Bank Holding  (NYSE:MCB) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Metropolitan Bank Holding Net Interest Margin (Bank Only) % Related Terms

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Metropolitan Bank Holding (Metropolitan Bank Holding) Business Description

Traded in Other Exchanges
N/A
Address
99 Park Avenue, New York, NY, USA, 10016
Metropolitan Bank Holding Corp is a bank holding company. It provides a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and individuals in the New York metropolitan area. The services provided by the company include deposits, trade finance, cash management solutions, savings, electronic banking, cards, and others. The company also provides various lending products such as acquisition loans, construction loans, and lines of credit, retail, office, hospitality, multifamily, mixed-use, warehouse and distribution, and specialty use properties. The bank derives its revenue in the form of interest incomes on loans.
Executives
Daniel F Dougherty officer: EVP & CFO 99 PARK AVENUE, NEW YORK NY 10016
Gerald David Bonnar officer: SVP, Controller, CAO & PAO 99 PARK AVENUE, NEW YORK NY 10016
Frederik F Erikson officer: EVP & General Counsel 99 PARK AVENUE, NEW YORK NY 10016
David J Gold director 99 PARK AVENUE, NEW YORK NY 10016
Terence J Mitchell director 99 PARK AVENUE, NEW YORK NY 10016
Dale C Fredston director 99 PARK AVENUE, NEW YORK NY 10016
Wolf George J Jr director 99 PARK AVENUE, NEW YORK NY 10016
Mark R Defazio director, officer: President and CEO 99 PARK AVENUE, NEW YORK NY 10016
Harvey Gutman director 99 PARK AVENUE, NEW YORK NY 10016
Maria F Ramirez director 99 PARK AVENUE, NEW YORK NY 10016
Scott Lublin officer: EVP and CLO 99 PARK AVENUE, NEW YORK NY 10016
Anthony J Fabiano officer: EVP and CFO 99 PARK AVENUE, NEW YORK NY 10016
Nick Rosenberg officer: EVP and CTO 99 PARK AVENUE, NEW YORK NY 10016
Norman Scott officer: SVP and CCO 99 PARK AVENUE, NEW YORK NY 10016
Katrina Robinson director 99 PARK AVENUE, NEW YORK NY 10016

Metropolitan Bank Holding (Metropolitan Bank Holding) Headlines

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