Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Investor Presentation (February 2026)
28 slides from Metropolitan Bank's investor presentation, Feb 25, 2026
Slide 1: Investor Presentation
A= a= Re |« we BBB+ Sein Gaus ‘WMA baa) Metropolitan ® Commercial Bank. | See The Entrepreneurial Bank Since 1999 Investor Presentation
Slide 2: Forward-Looking Statements
Forward-Looking Statements 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 Metropolitan Bank Holding Corp.’s (the “Company,” “we,” “us,” or “o
Slide 3: Additional Information
Additional Information Use of Non-GAAP Financial Measures This presentation contains non-GAAP financial measures determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). The Company uses such non-GAAP financial measures to provide meaningful supplemental
Slide 4: Today's Presenters
Today’s Presenters Mark R. DeFazio Director, President & Chief Executive Officer • Mark R. DeFazio is President & Chief Executive Officer of MCB and has served on the Board since 1999 • Led MCB since its founding in 1999, growing the company from a three-person team managing $8mm in assets into a sc
Slide 5: Investment Highlights
Investment Highlights Relationship-based commercial bank with a proven track record of robust organic growth, strong margins and profitability, which will be further enhanced by growth-oriented common equity raise Led by a proven, entrepreneurial management team with deep commercial banking expertis
Slide 6: NYC-Based Relationship Commercial Bank
$112.5 $86.9 New York Nationwide Average 13.6% 11.3% New York Nationwide Average NYC-Based Relationship Commercial Bank • Metropolitan Commercial Bank is a relationship-focused commercial bank in NYC serving proven entrepreneurs in specialized lending verticals, supported by a branch-lite, technolog
Slide 7: Relationship-Driven Commercial Banking Model Serving Clients Holistically
Relationship-Driven Commercial Banking Model Serving Clients Holistically • 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 ser
Slide 8: Equity Offering Will Further Enhance Capital Position to Drive Growth
8.9% 10.7% 8.5% Q4'25 Standalone PF Q4'25 with Common Raise NYC Middle-Market Banks 10.7% 13.0% 11.0% Q4'25 Standalone PF Q4'25 with Common Raise NYC Middle-Market Banks 9.5% 11.3% 9.6% Q4'25 Standalone PF Q4'25 with Common Raise NYC Middle-Market Banks 12.3% 14.6% 13.8% Q4'25 Standalone PF Q4'25 wi
Slide 9: Exceptional Financial Performance Since 2017 IPO
Source: FactSet, S&P Global Market Intelligence. 1 CAGR from December 31, 2017 through December 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 CNOB, DCOM, OC
Slide 10: Relentless Focus on Net Interest Margin Management
Relentless Focus on Net Interest Margin Management Net Interest Margin History Estimated Sensitivity of Annual Net Interest Income December 31, 2025 Net Interest Income $ millions 10 1 Represents effective average daily Fed Funds rate.
Slide 11: Track Record of Creating Shareholder Value
50 100 150 200 250 300 350 400 3/30/2023 8/27/2023 1/24/2024 6/22/2024 11/19/2024 4/18/2025 9/15/2025 2/12/2026 Track Record of Creating Shareholder Value Total Return Performance (%) NYC Middle-Market Banks1, 2 KBW Regional Banking Index (“KRX”) Metropolitan Commercial Bank 165 150 375 11 8.9x 10.2
Slide 12: Well-Diversified Franchise
Skilled Nuring CRE and C&I 40% Other C&I 10% Other Owner Occupied CRE 3% Non Owner Occupied CRE 46% Consumer & 1-4 Family 1% Brooklyn, Bronx, Queens 29% Long Is., 4% NJ 10% FL 17% Other US 21% Manhattan 19% EB-5, Title & Escrow and Charter Schools 9% Municipal 20% Bankruptcy Trustees 6% Property Man
Slide 13: Highly Liquid and Resilient Balance Sheet
Highly Liquid and Resilient Balance Sheet 75% Insured deposits Deposits ($ bn) TCE/TA Ratio %1 Non-interest bearing Deposit % Deposit Profile at December 31, 2025 176% Uninsured Deposit Coverage Ratio2 BBB+ Kroll Deposit Rating Loans ($ bn) 13 1 Tangible Common Equity divided by Tangible Assets. Non
Slide 14: Proven Loan Growth with Diversification
Proven Loan Growth with Diversification $6.8 billion Gross Loan Portfolio1, 2 December 31, 2025 | $ millions Diversified Loan Portfolio December 31, 2025 Average 4Q 2025 Yield: 7.32% CRE/RBC ratio3 : 377% 14 $2,939 $3,042 $3,162 $3,201 $3,143 $1,962 $2,171 $2,353 $2,547 $2,716 $1,046 $1,045 $1,016 $
Slide 15: Relationship-Based Commercial Real Estate Lending
Relationship-Based Commercial Real Estate Lending Target Market • New York metropolitan area real estate entrepreneurs with a net worth in excess of $50 million • Primarily concentrated in the New York MSA • Well-diversified across multiple property types Key Metrics December 31, 2025 • Weighted ave
Slide 16: Expertise in Specialized Verticals Driving Commercial & Industrial Lending
Expertise in Specialized Verticals Driving Commercial & Industrial Lending C&I Composition December 31, 2025 Target Market December 31, 2025 Total C&I Loans: $872mm • Middle market businesses with revenues up to $400 million • Well-diversified across industries Key Metrics • Strong historical credit
Slide 17: Diversified Healthcare Portfolio
Total C&I Healthcare loans: $303mm C&I Healthcare Composition | December 31, 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 – 61% of CRE SNF portfolio. Stabilized
Slide 18: Geographically Diverse Skilled Nursing Facility Portfolio
C&I Skilled Nursing Facility Exposure by State December 31, 2025 Geographically Diverse Skilled Nursing Facility Portfolio CRE Skilled Nursing Facility Exposure by State December 31, 2025 Total CRE SNF loans: $2.5 billion Total C&I SNF loans: $212mm • CRE – SNF – average LTV of 70%. • Highly selecti
Slide 19: Conservatively Underwritten, Diversified CRE Office Portfolio
Conservatively Underwritten, Diversified CRE Office Portfolio Office by Region December 31, 2025 Overview December 31, 2025 • Total Office loans: $473mm • Weighted average LTV of 51% • Weighted average occupancy rate of 75%* • Weighted average debt service coverage ratio of 1.51x* • Manhattan loans
Slide 20: Conservatively Underwritten Multi-family Portfolio
Conservatively Underwritten Multi-family Portfolio Overview December 31, 2025 | $ millions Stabilized1 Maturity Schedule December 31, 2025 | $ millions Origination Vintage December 31, 2025 • Total Multi-family loans: $397mm • Weighted average LTV of 54% • Recourse on 54% of Total; recourse on 87% o
Slide 21: Stable, Diversified Deposits
$7.4 Billion Total Deposits December 31, 2025 | $ millions* Stable, Diversified Deposits 21 * Certain prior period amounts adjusted to conform to current presentation. ** Global Payments Group (“GPG”) wind down.
Slide 22: Recent Investments in Technology and Artificial Intelligence
Recent Investments in Technology and Artificial Intelligence to Drive Scalability and Efficiency A multi-year, bank-wide modernization of core, payments and online banking systems is completed in 2025 Digital transformation will provide extensive digital proficiencies, NextGen API-based analytics ca
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: Proven High Growth Business Model
Proven High Growth Business Model Loans1 | $ millions Deposits | $ millions Revenue | $ millions Net Income | $ millions 24 1 Loans, net of deferred fees and costs. 2 CAGR from December 31, 2020 through December 31, 2025. 3 Includes a $35.0 million charge for a regulatory settlement reserve in the f
Slide 25: Highly Profitable and Scalable
Return on Average Assets Highly Profitable and Scalable Efficiency ratio2 ROATCE1 Net Interest Margin 25 Q4’25 Metrics 1.38% 15.8% 50.2% 4.10% 1 Non-GAAP financial measures. See reconciliation on slide 28. 2 Total non-interest expense divided by Total revenues. 3 Includes a $35.0 million charge for
Slide 26: Strong Credit Metrics
0.01% 0.13% 0.00% 0.02% 0.00% 0.06% 2020 2021 2022 2023 2024 2025 0.20% 0.28% 0.00% 0.92% 0.54% 1.28% 2020 2021 2022 2023 2024 2025 1.13% 0.93% 0.93% 1.03% 1.05% 1.43% 2020 2021 2022 2023* 2024 2025 18.0% 29.6% 0.1% 89.5% 51.5% 89.5% 2020 2021 2022 2023* 2024 2025 Non-Performing Loans/Loans Strong C
Slide 27: Robust Capital Position
Robust Capital Position* Common Equity Tier 1 Capital Ratio Tier 1 Leverage Ratio Total Risk-Based Capital Ratio TCE / TA4 27 * These capital ratios are for Metropolitan Bank Holding Corp. 1 Includes a $35.0 million charge for a regulatory settlement reserve. 2 Includes a $5.5 million reversal of th
Slide 28: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures 28 1 Tangible common equity divided by common shares outstanding at period-end. 2 Total revenues equal net interest income plus non-interest income. For Year Ending $ thousands, except per share data Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 2025 2024 2023 2
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