Metropolitan Bank (MCB) - 2024 Q2 - Quarterly Results
MCBMetropolitan Bank (MCB)2024-07-19 04:15

Exhibit 99.1 Release: 4:05 P.M. July 18, 2024 212-365-6721 IR@MCBankNY.com Metropolitan Bank Holding Corp. Reports Second Quarter 2024 Results Strong Earnings, Liquidity, Capital and Asset Quality While Executing Strategic Initiatives Financial Highlights ● Loans at June 30, 2024 were 5.8billion,anincreaseof5.8 billion, an increase of 119.7 million from March 31, 2024 and 689.3millionfromJune30,2023.TotaldepositsatJune30,2024were689.3 million from June 30, 2023. ● Total deposits at June 30, 2024 were 6.2 billion, a decrease of 67.9millionfromMarch31,2024andanincreaseof67.9 million from March 31, 2024 and an increase of 88 ...