Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q3 2025 Earnings Presentation
30 slides from Metropolitan Bank's earnings presentation, Oct 24, 2025
Slide 1: 3Q 2025 Investor Presentation
3Q 2025 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 21 Selected Financial Information and Guidance 24 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 Metropalitan 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 3Q 2025 2Q 2025 Closing Price $74.82 $70.00 Market Cap $776.80 M $729.50 M Six Strategically Located Banking Centers Book Value per Share $70.51 $69.37 Tangibl
Slide 6: Outperformance versus peers
Outperformance versus peers Total Return Performance Metropolitan Commercial NYC Middle- KBW Regional Banking Bank Market Banks1, 2 Index (“KRX”) 350 312 300 250 200 150 145 125 100 50 3/30/2023 7/26/2023 11/21/2023 3/18/2024 7/14/2024 11/9/2024 3/7/2025 7/3/2025 10/14/2025 Source: Bloomberg 1 Inclu
Slide 7: Financial Performance Outpacing Peers Since 2017 IPO
Financial Performance Outpacing Peers Since 2017 IPO Loans CAGR 1 , 1* Deposits CAGR 1 , 1* Pre-tax, pre-provision net revenue⁴ CAGR¹ 2017-2025Q2 2017–2025Q2 2017–2025Q2 22.8% 23.4% 19.1% 13.5% 14.3% 9.0% 9.5% 9.2% 8.1% MCB KRX Index² NYC Middle-Market MCB KRX Index² NYC Middle-Market MCB KRX Index²
Slide 8: Differentiating Factors
Differentiating Factors ComMetropolitan GS) | sce NYSE
Slide 9: Highly Diversified Franchise
Highly Diversified Franchise Loan Portfolio September 30, 2025 Consumer & 1-4 Family, 1% • Active in Healthcare lending since 2002 with no Brooklyn, realized losses since entering this space and no Manhattan, Bronx, deferrals during the pandemic. Non Owner Skilled 19% Queens, Occupied CRE, Nursing 2
Slide 10: Relationship Driven Commercial Bank with Strong Client Execution
Relationship Driven Commercial Bank with Strong Client Execution • Our Business Bankers have deep • Commercial Lending group offers knowledge and expertise across an array of commercial and industrial multiple industries (e.g. law firms, lending products providing our resident healthcare, real estat
Slide 11: Well Managed Net Interest Margin
Well Managed Net Interest Margin Net Interest Margin Analysis 7.32% 6.70% 6.53% Average Fed Funds Rate¹ Average Loan Yield Average Total Cost of Deposits MCB Net Interest Margin ("NIM") 5.33% 5.09% 5.15% 4.78% 4.73% 4.80% 5.03% 4.57% 4.32% 3.52% 3.70% 3.46% 3.49% 3.49% 3.53% 3.26% 2.77% 3.88% 2.16%
Slide 12: Highly Liquid and Resilient Balance Sheet
Highly Liquid and Resilient Balance Sheet Deposits TCE/TA Ratio1 Deposit Profile ($ bn) at September 30, 2025 $7.1 9.5% 9.9% 9.6% $6.3 $6.4 $6.8 9.1% 8.8% 76% $6.0 Insured deposits 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 190% Uninsured Deposit Coverage Ratio2
Slide 13: Loans and Deposits
Loans and Deposits eantmenetan Ca) ss NYSE
Slide 14: Loan Portfolio Growth and Diversification
Loan Portfolio Growth and Diversification $6.8 billion Gross Loan Portfolio1, 2 Diversified Loan Portfolio September 30, 2025 | $ millions September 30, 2025 $6,631 $6,800 $99 $6,360 $100 Consumer & 1-4 36% CRE: Skilled Nursing $102 Family Facility ("SNF") $6,051 $953 $5,914 7% CRE: Office $104 $1,0
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 September 30, 2025 with a net worth in excess of $50 million • Weighted average LTV of 61% • Primarily concentrated in the New York MSA • Owner occupied – 44% • Well-div
Slide 16: Expertise in Specific Verticals Drive Commercial & Industrial Lending
Expertise in Specific Verticals Drive Commercial & Industrial Lending Target Market Key Metrics September 30, 2025 • Strong historical credit performance Total C&I Loans: $953mm - Pledged collateral and/or personal guarantees from high-net-worth individuals support most loans • Middle market busines
Slide 17: Diversified Healthcare Portfolio
Diversified Healthcare Portfolio Overview Healthcare Composition | September 30, 2025 September 30, 2025 • Active in Healthcare lending since 2002 with no realized losses C&I Other C&I SNF $104 mm since entering this space and no deferrals during the pandemic. $238 mm • Stabilized SNF – 64% of CRE S
Slide 18: Geographically Diversified Skilled Nursing Facility Portfolio
Geographically Diversified Skilled Nursing Facility Portfolio Overview C&I Skilled Nursing Facility Exposure by State September 30, 2025 September 30, 2025 • CRE – Skilled Nursing Facilities (“SNF”) – average LTV of 70%. Total C&I SNF loans: 8% $237mm • Highly selective regarding the quality of SNF
Slide 19: Conservatively Underwritten, Geographically Diversified CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio Overview Office by Region September 30, 2025 September 30, 2025 • Total Office loans: $444mm 43% Manhattan 9% • Weighted average LTV of 52% 15% Brooklyn • Weighted average occupancy rate of 77%* 5% Queens • Weighted average
Slide 20: Conservatively Underwritten Multi-family Portfolio
Conservatively Underwritten Multi-family Portfolio Overview Stabilized1 Maturity Schedule September 30, 2025 | $ millions September 30, 2025 | $ millions • Total Multi-family loans: $406mm 2025 2026 Thereafter Total Outstanding Balance $73 $79 $147 $299 • Weighted average LTV of 52% Commitment Amoun
Slide 21: Deposit Composition
Deposit Composition $7.1 Billion Total Deposits September 30, 2025 | $ millions* $7,073 $6,791 $564 $6,449 $6,270 $553 $302 $5,983 $522 $392 $1,340 $723 $1,260 $988 $858 $770 EB-5, Title & Escrow, & Charter Schools $92 $1,269 $1,279 $1,409 Municipal $1,193 $1,217 Other** $300 $351 $413 Property Mana
Slide 22: Modern Banking in Motion Digital Transformation
Modern Banking in Motion Digital Transformation 21
Slide 23: Digital Transformation
Modern Banking in Motion Digital Transformation Overview • The Bank is modernizing its core, payments and online banking systems to project is expected to be completed in Q4'2025 and includes the redesign of the support continued growth. A modern stack will support future business network, expansion
Slide 24: 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 25: Selected Financial Information
Selected Financial Information 24
Slide 26: Proven High Growth Business Model
Proven High Growth Business Model Loans1 Deposits | $ millions | $ millions $7,073 $6,782 $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 3Q 2025 2020 2021 2022 2023 2024 3Q 2025 Revenue Net Income | $ millions | $ millions $77 $277 $256 $67 $251 $227 $
Slide 27: Highly Profitable, Scalable Model
Highly Profitable, Scalable Model Net Interest Margin Return on Average Assets 3.80% 3.49% 3.49% 3.53% 3.26% 2.77% 1.06% 1.19% 1.02% 0.90% 0.91% 0.73% 2020 2021 2022 2023 2024 YTD 2025* 2020 2021 2022 2023 2024 YTD 2025* Efficiency ratio2 ROATCE1 62.7% 15.2% 58.2% 58.1% 12.9% 12.6% 52.5% 52.5% 10.4%
Slide 28: Credit Metrics
Credit Metrics NCOs/Average Loans Non-Performing Loans/Loans 0.13% 1.20% 0.92% 0.08% 0.54% 0.00% 0.02% 0.00% 0.20% 0.28% 0.00% 0.01% 2020 2021 2022 2023 2024 YTD 2025¹ 2020 2021 2022 2023 2024 3Q 2025 ACL/Loans Non-Performing Loans/ACL 1.39% 89.5% 86.5% 1.13% 1.03% 1.05% 0.93% 0.93% 51.5% 29.6% 18.0
Slide 29: 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% 12.1% 10.6% 10.8% 11.5% 11.9% 10.2% 9.8% 10.6% 10.1% 8.5% 8.5% 2020 2021 2022¹ 2023² 2024³ 3Q 2025 2020 2021 2022¹ 2023² 2024³ 3Q 2025 Total Risk
Slide 30: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures For Year Ending $ thousands, except per share data Q3 2025 Q2 2025 Q1 2025 2024 2023 2022 2021 2020 2019 2018 2017 Average assets $ 7,964,712 $ 7,775,199 $ 7,451,703 $ 7,293,445 $ 6,506,614 $ 6,621,631 $ 5,724,230 $ 3,863,013 $ 2,846,959 $ 1,951,982 $ 1,52
Metropolitan Bank Holding — Q3 2025 Earnings Presentation on 6ix