Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q3 2026 Earnings Presentation
28 slides from Metropolitan Bank's earnings presentation, Oct 20, 2026
Slide 1: 3Q 2026 Investor Presentation
3Q 2026 Investor Presentation
Slide 2: Contents
Contents 1 Page Disclosure 2 Performance Metrics 3 Differentiating Factors 7 Loans and Deposits 12 Selected Financial Information and Guidance 19
Slide 3: Disclosure
2 Disclosure This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include but are not limited to the Company’s future financial condition and capital ratios, results of operations an
Slide 4: Performance Metrics
Performance Metrics comMettgpolitan GAY | nee NYSE
Slide 5: The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank in NYC
Metropolitan Commercial Bank Holding Corporation The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank Headquartered in NYC 4 Market data as of September 30, 2026 and June 30, 2026 1 Non-GAAP financial measure. See reconciliation of GAAP to Non-GAAP financial measures starting
Slide 6: Total Return Performance
50 100 150 200 250 300 350 400 450 3/30/2023 9/30/2023 4/1/2024 10/2/2024 4/4/2025 10/5/2025 4/7/2026 10/8/2026 Source: Bloomberg 1 Includes CNOB, DCOM, OCFC, PFS and VLY. 2 Cumulative shareholder return (change in stock price plus reinvested dividends). Outperformance versus peers Total Return Perf
Slide 7: Financial Performance Outpacing Peers Since 2017 IPO
Source: FactSet, S&P Global Market Intelligence. 1 CAGR from December 31, 2017 through June 30, 2026. 1* KRX and NYC Middle-Market Banks include growth resulting from acquisitions. 2 KRX Index represents median performance of the KBW Regional Banking Index constituents. 3 Includes CNOB, DCOM, OCFC,
Slide 8: Differentiating Factors
Differentiating Factors commerset bark GH) | "St NYSE
Slide 9: Highly Diversified Franchise
Money Market & Savings, 77% Non-Int. Bearing Demand, 22% EB-5, Title & Escrow, and Time, 1% Charter Schools, 16% Municipal, 19% Bankruptcy Trustees, 6% Property Managers, 20% Deposits from Loan Customers, 16% Retail Deposits, 23% Skilled Nursing CRE and C&I, 46% Other C&I, 9% Other Owner Occupied CR
Slide 10: Average Total Cost of Deposits vs Fed Funds Rate
1.00% 1.83% 2.16% 0.36% 0.08% 1.68% 5.03% 5.15% 4.21% 3.65% 4.57% 4.78% 5.09% 4.73% 4.80% 5.33% 6.70% 6.53% 7.31% 7.21% 0.47% 0.58% 1.10% 0.43% 0.27% 0.49% 2.43% 3.22% 2.95% 2.55% 3.52% 3.70% 3.46% 3.26% 2.77% 3.49% 3.49% 3.53% 3.88% 4.17% 2017 2018 2019 2020 2021 2022 2023 2024 2025 YTD 2026 Averag
Slide 11: Highly Liquid and Resilient Balance Sheet
8.8% 8.9% 10.6% 10.8% 10.2% 3Q 20254Q 2025 1Q 2026 2Q 20263Q 2026 Highly Liquid and Resilient Balance Sheet 73% Insured deposits Deposits ($ bn) TCE/TA Ratio1 Non-interest bearing Deposit % Deposit Profile at Sept 30, 2026 185% Uninsured Deposit Coverage Ratio2 BBB+ Kroll Deposit Rating January 2026
Slide 12: Relationship Driven Commercial Bank with Strong Client Execution
Relationship Driven Commercial Bank with Strong Client Execution • Our Business Bankers have deep knowledge and expertise across multiple industries (e.g. law firms, resident healthcare, real estate property management, U.S. Trustee and Municipalities). • Full suite of retail financial service produ
Slide 13: Loans and Deposits
Loans and Deposits Sr rey ms 12
Slide 14: Loan Portfolio Growth and Diversification
13 1 Before deferred fees and unamortized costs. 2 Certain prior period amounts adjusted to conform to current presentation. 3 Excludes owner-occupied. 4 Mobile Home Parks, Residential Condos/Co-ops, Temporary Shelters, Religious Orgs., Parking Lots and Garages, Restaurants and Entertainment Facilit
Slide 15: Relationship-Based Commercial Real Estate Lending
16% 16% 11% 10% 8% 8% 4% 3% 24% 16% Manhattan 16% Florida 11% New Jersey 10% Brooklyn 8% Bronx 8% Queens 4% Long Island 3% Other NY 24% Other States 50% 6% 6% 6% 6% 5% 4% 4% 11% 50% Skilled Nursing Facilities 6% Hospitality 6% Multifamily 6% Office 6% Retail 5% Mixed Use 4% Construction 4% Land 2% I
Slide 16: Commercial & Industrial Lending Expertise in Specific Verticals
$229 $219 $207 $210 $235 $237 $212 $252 $186 $191 $162 $140 $118 $101 $116 $104 $91 $92 $82 $94 $86 $75 $90 $108 $104 $65 $60 $61 $60 $39 $27 $26 $27 $11 $11 $43 $49 $56 $73 $63 $953 $872 $903 $831 $853 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 Other Manufacturing Wholesale Services Other Healthcare I
Slide 17: Diversified Healthcare Portfolio
C&I Healthcare Composition | Sept 30, 2026 Diversified Healthcare Portfolio • Active in Healthcare lending since 2002 with no realized losses since entering this space and no deferrals during the pandemic. • Stabilized SNF – 71% of CRE SNF portfolio. Stabilized facilities provide cash flows adequate
Slide 18: Geographically Diversified Skilled Nursing Facility Portfolio
C&I Skilled Nursing Facility Exposure by State Sept 30, 2026 Geographically Diversified Skilled Nursing Facility Portfolio CRE Skilled Nursing Facility Exposure by State Sept 30, 2026 24% 20% 17% 10% 6% 23% 24% Florida 20% New York 17% New Jersey 10% North Carolina 6% Indiana 23% Other States 24% 23
Slide 19: Deposit Composition
$2,053 $2,081 $2,004 $1,858 $1,893 $1,294 $1,306 $1,332 $1,372 $1,359 $413 $425 $429 $437 $489 $1,409 $1,439 $1,520 $1,563 $1,634 $1,340 $1,478 $1,659 $1,548 $1,545 $564 $648 $795 $953 $1,401 $7,073 $7,377 $7,739 $7,731 $8,321 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3Q 2026 EB-5, Title & Escrow, & Charter S
Slide 20: Selected Financial Information
Selected Financial Information 19
Slide 21: Proven High Growth Business Model
Proven High Growth Business Model Loans1 | $ millions $3,830 $6,436 $5,278 $5,737 $5,983 $7,377 $8,321 2020 2021 2022 2023 2024 2025 Q3 2026 Deposits | $ millions $142 $181 $256 $251 $277 $315 $282 2020 2021 2022 2023 2024 2025 YTD 2026 Revenue | $ millions $39 $60 $59 $77 $67 $71 $83 2020 2021 2022
Slide 22: Highly Profitable, Scalable Model
Return on Average Assets Highly Profitable, Scalable Model * Annualized 1 Non-GAAP financial measure. See reconciliation of GAAP to Non-GAAP financial measures starting on slide 26. 2 Total non-interest expense divided by Total revenues. 3 Includes a $35.0 million charge for a regulatory settlement
Slide 23: Credit Metrics
0.53% 0.54% 0.54% 0.60% 1.20% 1.28% 1.01% 0.91% 0.95% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Non-Performing Loans/Loans Credit Metrics NCOs/Average Loans1 ACL/Loans Non-Performing Loans/ACL 0.01% 0.00% 0.00% 0.00% 0.22% 0.00% 0.73% 1.95% 0.18% Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26
Slide 24: Capital Ratios
Capital Ratios* Common Equity Tier 1 Capital Ratio 10.1% 14.1% 12.1% 11.5% 11.9% 10.7% 12.8% 2020 2021 2022¹ 2023² 2024³ 2025 Q3 2026 Minimum to be "Well Capitalized" (8%) * These capital ratios are for Metropolitan Bank Holding Corp. 1 Includes a $35.0 million charge for a regulatory settlement res
Slide 25: Conservatively Underwritten CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio 24 Office by Region September 30, 2026 38% 17% 5% 32% 6% 38% Manhattan 17% Brooklyn 5% Queens 2% Bronx 32% NY Metro Area (outside NYC) 6% Non NY Metro Area Overview September 30, 2026 • Total Office loans: $393mm • Weighted
Slide 26: Conservatively Underwritten Multi-family Portfolio
25 Conservatively Underwritten Multi-family Portfolio Overview September 30, 2026 | $ millions Stabilized1 Maturity Schedule September 30, 2026 | $ millions Origination Vintage September 30, 2026 • Total Multi-family loans: $412mm • Weighted average LTV of 52% • Recourse on 62% of Total; recourse on
Slide 27: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures 1 Tangible common equity divided by common shares outstanding at period-end. 2 Total revenues equal net interest income plus non-interest income. In addition to the results presented in accordance with Generally Accepted Accounting Principles (“GAAP”), thi
Slide 28: Reconciliation of GAAP to Non-GAAP Measures, Continued
Reconciliation of GAAP to Non-GAAP Measures, Continued 1 Tangible common equity divided by common shares outstanding at period-end. 2 Total revenues equal net interest income plus non-interest income. In addition to the results presented in accordance with Generally Accepted Accounting Principles (“
Metropolitan Bank Holding — Q3 2026 Earnings Presentation on 6ix