Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q2 2026 Earnings Presentation
28 slides from Metropolitan Bank's earnings presentation, Jul 22, 2026
Slide 1: 2Q 2026 Investor Presentation
2Q 2026 Investor Presentation
Slide 2: Contents
Contents Page Disclosure 2 Performance Metrics 3 Differentiating Factors 7 Loans and Deposits 12 Selected Financial Information and Guidance 19 1
Slide 3: Disclosure
Disclosure This presentation contains “forward-looking statements” of operations; an unanticipated loss of key personnel or other negative effects (including reputational harm) of within the meaning of the Private Securities Litigation existing clients, or an inability to attract key employees; any
Slide 4: Performance Metrics
Performance Metrics comMctropolitan GG) | ee NYSE
Slide 5: Metropolitan Commercial Bank Holding Corporation
Metropolitan Commercial Bank Holding Corporation The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank Headquartered in NYC 2Q 2026 1Q 2026 Recent Events Closing Price $98.76 $83.29 • Increased quarterly common stock cash dividend from Market Cap $1,224.16 M $1,032.13 M $0.25
Slide 6: Outperformance versus Peers
Outperformance versus Peers Total Return Performance Metropolitan NYC Middle- KBW Regional Banking Commercial Bank Market Banks1, 2 Index (“KRX”) 450 400 387 350 300 250 200 182 176 150 100 50 3/30/2023 9/17/2023 3/6/2024 8/24/2024 2/11/2025 8/1/2025 1/19/2026 7/13/2026 7/9/2026 Source: Bloomberg 1
Slide 7: Financial Performance Outpacing Peers Since 2017 IPO
Financial Performance Outpacing Peers Since 2017 IPO Loans CAGR 1 , 1* Deposits CAGR 1 , 1* Pre-tax, pre-provision net revenue⁴ CAGR¹ 2017–2026Q1 2017-2026Q1 2017–2026Q1 23.0% 21.4% 21.5% 13.1% 13.6% 13.6% 8.8% 9.3% 9.0% MCB KRX Index² NYC Middle- MCB KRX Index² NYC Middle- MCB KRX Index² NYC Middle
Slide 8: Differentiating Factors
Differentiating Factors contatopoltan QS) | we NYSE
Slide 9: Highly Diversified Franchise
Highly Diversified Franchise Loan Portfolio Consumer & 1-4 June 30, 2026 Family, 1% • Active in Healthcare lending since 2002 Brooklyn, with no realized losses since entering this Bronx, Non Owner Manhattan, Queens, 24% space and no deferrals during the Occupied Skilled 16% pandemic. CRE, 44% Nursin
Slide 10: Well Managed Net Interest Margin
Well Managed Net Interest Margin Net Interest Margin Analysis 7.31% 7.18% 6.70% 6.53% Average Fed Funds Rate¹ Average Loan Yield Average Total Cost of Deposits MCB Net Interest Margin ("NIM") 5.33% 5.09% 5.15% 4.78% 4.73% 4.80% 5.03% 4.57% 4.21% 4.08% 3.52% 3.70% 3.46% 3.49% 3.49% 3.53% 3.26% 2.77%
Slide 11: Highly Liquid and Resilient Balance Sheet
Highly Liquid and Resilient Balance Sheet Deposits TCE/TA Ratio1 Deposit Profile ($ bn) at June 30, 2026 10.6% 10.8% $7.7 $7.7 74% $7.4 9.1% $7.1 8.8% 8.9% $6.8 Insured deposits 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 156% Uninsured Deposit Coverage Ratio2 Loa
Slide 12: Relationship Driven Commercial Bank with Strong Client Execution
Relationship Driven Commercial Bank with Strong Client Execution • Our Business Bankers have deep • Commercial Lending group knowledge and expertise across offers an array of commercial multiple industries (e.g. law firms, and industrial lending products resident healthcare, real estate providing ou
Slide 13: Loans and Deposits
Loans and Deposits conMtetropaltan (| ase NYSE 12
Slide 14: Loan Portfolio Growth and Diversification
Loan Portfolio Growth and Diversification $7.3 billion Gross Loan Portfolio1, 2 Diversified Loan Portfolio June 30, 2026 | $ millions June 30, 2026 $7,349 Consumer & 1-4 42% CRE: Skilled Nursing $7,065 $94 Family $6,829 Facility ("SNF") $6,800 $95 $6,631 $831 C&I 6% CRE: Office $99 $97 $100 $903 $87
Slide 15: Relationship-Based Commercial Real Estate Lending
Relationship-Based Commercial Real Estate Lending Target Market Key Metrics • New York metropolitan area real estate entrepreneurs June 30, 2026 with a net worth in excess of $50 million • Weighted average LTV of 63% • Primarily concentrated in the New York MSA • Owner occupied – 49% • Well-diversif
Slide 16: Expertise in Specific Verticals Drive Commercial & Industrial Lending
Expertise in Specific Verticals Drive Commercial & Industrial Lending Target Market Key Metrics June 30, 2026 • Strong historical credit performance • Middle market businesses with revenues up to $400 million - Pledged collateral and/or personal guarantees from high-net- worth individuals support mo
Slide 17: Diversified Healthcare Portfolio
Diversified Healthcare Portfolio Overview Healthcare Composition | June 30, 2026 June 30, 2026 C&I SNF C&I Other • Active in Healthcare lending since 2002 with no $186 mm $82 mm realized losses since entering this space and no deferrals during the pandemic. • Stabilized SNF – 64% of CRE SNF portfoli
Slide 18: Geographically Diversified Skilled Nursing Facility Portfolio
Geographically Diversified Skilled Nursing Facility Portfolio Overview C&I Skilled Nursing Facility Exposure by State June 30, 2026 June 30, 2026 • CRE – Skilled Nursing Facilities (“SNF”) – average LTV Total C&I SNF of 73%. loans: $186 mm 18% 26% • Highly selective regarding the quality of SNF 26%
Slide 19: Deposit Composition
Deposit Composition $7.7 Billion Total Deposits June 30, 2026 | $ millions* $7,739 $7,731 $7,377 $7,073 $795 $953 $6,791 $648 $564 $553 $1,478 $1,659 $1,548 EB-5, Title & Escrow, & Charter $1,340 Schools $1,260 Municipal $1,439 $1,520 $1,279 $1,409 $1,563 Property Managers $351 $413 $425 $429 $437 B
Slide 20: Selected Financial Information
Selected Financial Information 19
Slide 21: Proven High Growth Business Model
Proven High Growth Business Model Loans1 Deposits | $ millions | $ millions $7,731 $7,329 $7,377 $6,810 $6,436 $6,034 $5,983 $5,625 $5,737 $5,278 $4,841 $3,732 $3,830 $3,137 2020 2021 2022 2023 2024 2025 Q2 2026 2020 2021 2022 2023 2024 2025 Q2 2026 Revenue Net Income | $ millions | $ millions $315
Slide 22: Highly Profitable, Scalable Model
Highly Profitable, Scalable Model Net Interest Margin Return on Average Assets 4.08% 3.88% 3.49% 3.49% 3.53% 3.26% 2.77% 1.06% 1.19% 1.16% 1.02% 0.90% 0.91% 0.90% 2020 2021 2022 2023 2024 2025 YTD 2026* 2020 2021 2022 2023 2024 2025 YTD 2026* Efficiency ratio2 ROATCE1 62.7% 15.2% 58.2% 12.9% 12.6% 5
Slide 23: Credit Metrics
Credit Metrics NCOs/Average Loans Non-Performing Loans/Loans 1.35% 1.28% 0.92% 0.91% 0.54% 0.02% 0.00% 0.06% 0.20% 0.28% 0.00% 0.01% 0.13% 0.00% 2020 2021 2022 2023 2024 2025 YTD 2026¹ 2020 2021 2022 2023 2024 2025 Q2 2026 ACL/Loans Non-Performing Loans/ACL 1.43% 108.0% 1.13% 89.5% 89.5% 1.03% 1.05%
Slide 24: Capital Ratios
Capital Ratios* Common Equity Tier 1 Capital Ratio Tier 1 Leverage Ratio Minimum to be "Well Capitalized" (8%) Minimum to be "Well Capitalized" (5%) 14.1% 12.9% 11.3% 12.1% 10.6% 10.8% 11.5% 11.9% 10.2% 10.7% 9.5% 10.1% 8.5% 8.5% 2020 2021 2022¹ 2023² 2024³ 2025 Q2 2026 2020 2021 2022¹ 2023² 2024³ 2
Slide 25: Conservatively Underwritten, Geographically Diversified CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio Overview Office by Region June 30, 2026 June 30, 2026 • Total Office loans: $463mm 47% Manhattan 4% • Weighted average LTV of 51% 14% Brooklyn • Weighted average occupancy rate of 77%* 28% 5% Queens • Weighted average debt
Slide 26: Conservatively Underwritten Multi-family Portfolio
Conservatively Underwritten Multi-family Portfolio Overview Stabilized1 Maturity Schedule June 30, 2026 | $ millions June 30, 2026 | $ millions • Total Multi-family loans: $414mm 2026 2027 Thereafter Total Outstanding Balance $104 $38 $125 $267 • Weighted average LTV of 53% Commitment Amount $105 $3
Slide 27: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures For Year Ending $ thousand s, excep t p er share d ata Q2 2026 Q1 2026 2025 2024 2023 2022 Average assets $ 8,971,646 $ 8,566,759 $ 7,880,760 $ 7,293,445 $ 6,506,614 $ 6,621,631 Less: average intangible assets 9,733 9,733 9,733 9,733 9,733 9,733 Average ta
Slide 28: Reconciliation of GAAP to Non-GAAP Measures, Continued
Reconciliation of GAAP to Non-GAAP Measures, Continued For Year Ending $ thousand s, excep t p er share d ata 2021 2020 2019 2018 2017 Average assets $ 5,724,230 $ 3,863,013 $ 2,846,959 $ 1,951,982 $ 1,524,202 Less: average intangible assets 9,733 9,733 9,733 9,733 9,733 Average tangible assets $ 5,
Metropolitan Bank Holding — Q2 2026 Earnings Presentation on 6ix