Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q2 2025 Earnings Presentation
30 slides from Metropolitan Bank's earnings presentation, Jul 17, 2025
Slide 1: 2Q 2025 Investor Presentation
2Q 2025 Investor Presentation
Slide 2: Contents
Contents 1 Page Disclosure 2 Performance Metrics 3 Differentiating Factors 7 Loans and Deposits 12 Modern Banking in Motion Digital Transformation 21 Selected Financial Information and Guidance 24
Slide 3: Disclosure
Disclosure 2 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
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Slide 5: The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank Headquartered in NYC
Metropolitan Commercial Bank Holding Corp. The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank Headquartered in NYC 4 Six Strategically Located Banking Centers • Park Ave. Headquarters • Garment District/ Times Square • Diamond District • Upper East Side • Boro Park, Brookly
Slide 6: Outperformance versus Peers
Source: Bloomberg, FactSet, S&P Global Market Intelligence 1 Includes BRKL, CNOB, DCOM, FFIC, OCFC, PFS and VLY. 2 Cumulative shareholder return (change in stock price plus reinvested dividends). Outperformance versus Peers 50 100 150 200 250 300 350 3/30/2023 7/26/2023 11/21/2023 3/18/2024 7/14/202
Slide 7: Financial Performance Outpacing Peers Since 2017 IPO
Source: FactSet, S&P Global Market Intelligence. 1 CAGR from December 31, 2017 through March 31, 2025. 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 BRKL, CNOB, DCOM,
Slide 8: Differentiating Factors
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Slide 9: Highly Diversified Franchise
Money Market & Savings, 77% Non-Int. Bearing Demand, 21% Time, 2% EB-5, Title & Escrow, and Charter Schools, 8% Municipal, 18% Bankruptcy Trustees, 5% Property Managers, 19% Deposits from Loan Customers, 19% Retail Deposits, 31% Skilled Nursing CRE and C&I, 38% Other C&I, 11% Other Owner Occupied CR
Slide 10: 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 11: Well Managed Net Interest Margin
$57.0 $59.7 $61.5 $65.2 $66.6 $67.0 $73.6 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 10 1 Represents effective average daily Fed Funds rate. * Annualized. Well Managed Net Interest Margin Net Interest Margin Analysis Estimated Sensitivity of Annual Net Interest Income June 30, 2025 Net
Slide 12: Highly Liquid and Resilient Balance Sheet
30.5% 28.4% 22.3% 21.5% 21.0% 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 $6.2 $6.3 $6.0 $6.4 $6.8 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 9.4% 9.5% 9.9% 9.6% 9.1% 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 Highly Liquid and Resilient Balance Sheet 76% Insured deposits Deposits ($ bn) TCE/TA Ratio1 Non-int
Slide 13: Loans and Deposits
Loans and Deposits contcerapoliton C5) | ce 12
Slide 14: Loan Portfolio Growth and Diversification
13 1 Gross of 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 Facil
Slide 15: Relationship-Based Commercial Real Estate Lending
19% 16% 12% 10% 9% 8% 4% 3% 19% 19% Manhattan 16% Florida 12% Brooklyn 10% New Jersey 9% Bronx 8% Queens 4% Long Island 3% Other NY 19% Other States 42% 8% 8% 8% 7% 6% 4% 3% 14% 42% Skilled Nursing Facilities 8% Multifamily 8% Office 8% Hospitality 7% Retail 6% Mixed Use 4% Land 3% Industrial 14% Ot
Slide 16: Expertise in Specific Verticals Drive Commercial & Industrial Lending
$266 $269 $273 $258 $246 $258 $248 $238 $249 $244 $121 $152 $159 $154 $170 $127 $119 $117 $116 $107 $71 $70 $69 $66 $77 $58 $63 $64 $67 $73 $41 $30 $29 $30 $30 $163 $119 $97 $105 $69 $1,105 $1,070 $1,046 $1,045 $1,016 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 Other Manufacturing Wholesale Services Oth
Slide 17: C&I Healthcare Composition
C&I Healthcare Composition | June 30, 2025 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 – 66% 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 June 30, 2025 Geographically Diversified Skilled Nursing Facility Portfolio CRE Skilled Nursing Facility Exposure by State June 30, 2025 32% 23% 14% 8% 5% 18% 32% Florida 23% New York 14% New Jersey 8% Indiana 5% Ohio 18% Other States 45% 17% 17% 7% 5%
Slide 19: Conservatively Underwritten, Geographically Diversified CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio 18 Office by Region June 30, 2025 45% 11% 5% 28% 9% 45% Manhattan 11% Brooklyn 5% Queens 2% Bronx 28% NY Metro Area (outside NYC) 9% Non NY Metro Area Overview June 30, 2025 • Total Office loans: $414mm • Weighted average L
Slide 20: Conservatively Underwritten Multi-family Portfolio
19 Conservatively Underwritten Multi-family Portfolio Overview June 30, 2025 | $ millions Stabilized1 Maturity Schedule June 30, 2025 | $ millions Origination Vintage June 30, 2025 • Total Multi-family loans: $414mm • Weighted average LTV of 53% • Recourse on 56% of Total; recourse on 100% of Transi
Slide 21: Deposit Composition
$1,810 $1,880 $2,011 $2,135 $2,082 $1,055 $1,091 $1,108 $1,235 $1,266 $298 $311 $305 $300 $351 $1,059 $1,193 $1,217 $1,269 $1,279 $892 $770 $92 $758 $723 $858 $988 $1,260 $298 $302 $392 $522 $553 $6,170 $6,270 $5,983 $6,449 $6,791 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2Q 2025 EB-5, Title & Escrow, & Chart
Slide 22: Modern Banking in Motion Digital Transformation
Modern Banking in Motion Digital Transformation 21
Slide 23: Modern Banking in Motion Digital Transformation
2024 2025 2026 Service Description Partners Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Payments Hub (Wires) Payments Hub (ACH) Payments Hub (FedNow) Commercial Loans Servicing Enterprise Datawarehouse Digital Banking (Consumers) Digital Banking (Commercial) Fraud Risk Management Core Processing Contact Center / Cor
Slide 24: Digital Transformation Partners
Modern Banking in Motion Digital Transformation Partners 23 Partners Service Areas About Finzly provides a modern, cloud-based, API-enabled operating system that serves as a parallel payment processing platform to a bank's core. Finzly offers a wide range of turnkey banking solutions, including a mu
Slide 25: Selected Financial Information
Selected Financial Information 24
Slide 26: Proven High Growth Business Model
Proven High Growth Business Model Loans1 | $ millions $3,830 $6,436 $5,278 $5,737 $5,983 $6,791 2020 2021 2022 2023 2024 2Q 2025 Deposits | $ millions $142 $181 $256 $251 $277 $147 2020 2021 2022 2023 2024 YTD 2025 Revenue | $ millions $39 $60 $59 $77 $67 $35 2020 2021 ĩ Ī ī YTD 2025 Net
Slide 27: Highly Profitable, Scalable Model
Return on Average Assets Highly Profitable, Scalable Model 1 Non-GAAP financial measures. See reconciliation on slide 29. 2 Total non-interest expense divided by Total revenues. 3 Includes a $35.0 million charge for a regulatory settlement reserve. 4 Includes a $5.5 million reversal of the regulator
Slide 28: Credit Metrics
0.20% 0.28% 0.00% 0.92% 0.54% 0.60% 2020 2021 2022 2023 2024 2Q 2025 Non-Performing Loans/Loans Credit Metrics NCOs/Average Loans ACL/Loans Non-Performing Loans/ACL 0.01% 0.13% 0.00% 0.02% 0.00% 0.00% 2020 2021 2022 2023 2024 2Q 2025¹ 1.13% 0.93% 0.93% 1.03% 1.05% 1.12% 2020 2021 2022 2023* 2024 2Q
Slide 29: Capital Ratios
Capital Ratios* Common Equity Tier 1 Capital Ratio 10.1% 14.1% 12.1% 11.5% 11.9% 10.8% 2020 2021 2022¹ 2023² 2024³ 2Q 2025 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 reserve. 2 Inc
Slide 30: 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
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