Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q1 2026 Earnings Presentation
31 slides from Metropolitan Bank's earnings presentation, Apr 22, 2026
Slide 1: 1Q 2026 Investor Presentation
1Q 2026 Investor Presentation
Slide 2: Contents
Contents Page Disclosure 2 Performance Metrics 3 Differentiating Factors 7 Loans and Deposits 12 Modern Banking in Motion Digital Transformation 19 Selected Financial Information and Guidance 22 1
Slide 3: Disclosure
Disclosure This presentation contains “forward-looking or an inability to attract key employees; system failures or resulting from regional and community bank failures statements” within the meaning of the Private Securities or cybersecurity breaches of our information technology and stresses to reg
Slide 4: Performance Metrics
Performance Metrics con Metropolitan QE) | nce NYSE
Slide 5: Metropolitan Commercial Bank Holding Corp.
Metropolitan Commercial Bank Holding Corp. The Only True Mid-Sized, Publicly Traded Relationship Driven Commercial Bank Headquartered in NYC 1Q 2026 4Q 2025 Recent Events Closing Price 83.29 $76.36 • Completed a secondary public equity offering of 2.3 million shares of common stock at $85.00 per sha
Slide 6: Outperformance versus peers
Outperformance versus peers Total Return Performance Metropolitan Commercial NYC Middle- KBW Regional Banking Bank Market Banks1, 2 Index (“KRX”) 400 358 350 300 250 200 163 161 150 100 50 3/30/2023 9/4/2023 2/9/2024 7/16/2024 12/21/2024 5/28/2025 11/2/2025 4/13/2026 4/9/2026 Source: Bloomberg 1 Inc
Slide 7: Financial Performance Outpacing Peers Since 2017 IPO
Financial Performance Outpacing Peers Since 2017 IPO Loans CAGR¹ , 1* Deposits CAGR 1 , 1* Pre-tax, pre-provision net revenueĩ CAGR¹ 2017–2025 2017–2025 2017-2025 23.0% 21.7% 20.7% 13.4% 14.1% 13.0% 9.1% 9.7% 8.5% MCB KRX Index² NYC Middle-Market MCB KRX Index² NYC Middle-Market MCB KRX Index² NYC M
Slide 8: Differentiating Factors
Differentiating Factors ComMetropolitan GS) | ace NYSE
Slide 9: Highly Diversified Franchise
Highly Diversified Franchise Loan Portfolio March 31, 2026 Consumer & 1-4 Family, 1% • Active in Healthcare lending since 2002 with no Brooklyn, realized losses since entering this space and no Bronx, Non Owner Manhattan, Queens, deferrals during the pandemic. Skilled 18% Occupied CRE, 25% 46% Nursi
Slide 10: Well Managed Net Interest Margin
Well Managed Net Interest Margin Net Interest Margin Analysis 7.31% 7.18% 6.70% 6.53% Average Fed Funds Rate¹ Average Loan Yield Average Total Cost of Deposits MCB Net Interest Margin ("NIM") 5.33% 5.09% 5.15% 4.78% 4.73% 4.80% 5.03% 4.57% 4.21% 4.08% 3.52% 3.70% 3.46% 3.49% 3.49% 3.53% 3.26% 2.77%
Slide 11: Highly Liquid and Resilient Balance Sheet
Highly Liquid and Resilient Balance Sheet Deposits TCE/TA Ratio1 Deposit Profile ($ bn) at March 31, 2026 $7.7 10.6% $7.4 9.6% $6.4 $6.8 $7.1 9.1% 8.8% 8.9% 76% Insured deposits 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 200% 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 offers knowledge and expertise across an array of commercial and industrial multiple industries (e.g. law firms, lending products providing our resident healthcare, real estat
Slide 13: Loans and Deposits
Loans and Deposits con tmercean Ca) wes NYSE
Slide 14: Loan Portfolio Growth and Diversification
Loan Portfolio Growth and Diversification $7.1 billion Gross Loan Portfolio1, 2 Diversified Loan Portfolio March 31, 2026 | $ millions March 31, 2026 Consumer & 1-4 39% CRE: Skilled Nursing $7,065 Family $6,829 Facility ("SNF") $6,800 $95 $6,631 C&I 7% CRE: Office $99 $97 $6,360 $100 $903 $102 $872
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 March 31, 2026 with a net worth in excess of $50 million • Weighted average LTV of 62% • Primarily concentrated in the New York MSA • Owner occupied – 47% • Well-diversi
Slide 16: Expertise in Specific Verticals Drive Commercial & Industrial Lending
Expertise in Specific Verticals Drive Commercial & Industrial Lending Target Market Key Metrics March 31, 2026 • Strong historical credit performance Total C&I Loans: $903mm - Pledged collateral and/or personal guarantees from high-net-worth individuals support most loans • Middle market businesses
Slide 17: Diversified Healthcare Portfolio
Diversified Healthcare Portfolio Overview Healthcare Composition | March 31, 2026 March 31, 2026 C&I Other • Active in Healthcare lending since 2002 with no realized losses C&I SNF $92 mm since entering this space and no deferrals during the pandemic. $252 mm • Stabilized SNF – 59% of CRE SNF portfo
Slide 18: Geographically Diversified Skilled Nursing Facility Portfolio
Geographically Diversified Skilled Nursing Facility Portfolio Overview C&I Skilled Nursing Facility Exposure by State March 31, 2026 March 31, 2026 • CRE – Skilled Nursing Facilities (“SNF”) – average LTV of 71%. Total C&I SNF loans: 15% $252mm • Highly selective regarding the quality of SNF Operato
Slide 19: Deposit Composition
Deposit Composition $7.7 Billion Total Deposits March 31, 2026 | $ millions* $7,739 $7,377 $7,073 $795 $6,791 $648 $564 $6,449 $553 $522 $1,659 $1,478 $1,340 $1,260 $988 EB-5, Title & Escrow, & Charter Schools $1,409 $1,439 $1,520 Municipal $1,269 $1,279 Property Managers $300 $351 $413 $425 $429 Ba
Slide 20: Modern Banking in Motion: Digital Transformation
Modern Banking in Motion Digital Transformation 19
Slide 21: Digital Transformation
Modern Banking in Motion Digital Transformation Overview • The Bank is modernizing its core, payments and online banking systems to project was completed in Q4'2025 and includes the redesign of the network, support continued growth. A modern stack will support future business expansion of the datace
Slide 22: Digital Transformation Partners
Modern Banking in Motion Digital Transformation Partners Partners Service Areas About Payments Hub (wires) 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 solutio
Slide 23: Selected Financial Information
Selected Financial Information 22
Slide 24: Proven High Growth Business Model
Proven High Growth Business Model Loans1 Deposits | $ millions | $ millions $7,740 $7,377 $6,810 $7,047 $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 Q1 2026 2020 2021 2022 2023 2024 2025 Q1 2026 Revenue Net Income | $ millions | $ millions $315
Slide 25: 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% 1.49% 1.06% 1.19% 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% 15.6% 58.2% 12.9% 1
Slide 26: Credit Metrics
Credit Metrics NCOs/Average Loans Non-Performing Loans/Loans 1.28% 1.01% 0.92% 0.73% 0.54% 0.13% 0.02% 0.00% 0.06% 0.20% 0.28% 0.00% 0.01% 0.00% 2020 2021 2022 2023 2024 2025 YTD 2026 2020 2021 2022 2023 2024 2025 Q1 2026 ACL/Loans Non-Performing Loans/ACL 1.43% 89.5% 89.5% 86.6% 1.13% 1.16% 1.03% 1
Slide 27: 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% 13.2% 11.6% 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 Q1 2026 2020 2021 2022¹ 2023² 2024³ 2
Slide 28: Conservatively Underwritten, Geographically Diversified CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio Overview Office by Region March 31, 2026 March 31, 2026 • Total Office loans: $461mm 47% Manhattan 6% • Weighted average LTV of 51% 14% Brooklyn • Weighted average occupancy rate of 76%* 26% 5% Queens • Weighted average deb
Slide 29: Conservatively Underwritten Multi-family Portfolio
Conservatively Underwritten Multi-family Portfolio Overview Stabilized1 Maturity Schedule March 31, 2026 | $ millions March 31, 2026 | $ millions • Total Multi-family loans: $394mm 2026 2027 Thereafter Total Outstanding Balance $147 $39 $107 $293 • Weighted average LTV of 54% Commitment Amount $147
Slide 30: 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 Q1 2026 Q4 2025 2025 2024 2023 2022 Average assets $ 8,566,759 $ 8,319,679 $ 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 31: Reconciliation of GAAP to Non-GAAP Measures, Continued
Reconciliation of GAAP to Non-GAAP Measures, Continued For Year Ending $ thousand s, except per 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 $ 5,71
Metropolitan Bank Holding — Q1 2026 Earnings Presentation on 6ix