Metropolitan Bank Holding Corp. · NYSE:MCB
Metropolitan Bank — Q4 2025 Earnings Presentation
30 slides from Metropolitan Bank's earnings presentation, Jan 21, 2026
Slide 1: 4Q 2025 Investor Presentation
4Q 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 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 4Q 2025 3Q 2025 Closing Price 76.36 $74.82 Seven Strategically Located Banking Centers Market Cap $770.37 M $776.80 M • Park Ave. Headquarters Book Value per S
Slide 6: Outperformance versus Peers
Outperformance versus Peers Total Return Performance Metropolitan Commercial NYC Middle- KBW Regional Banking Bank Market Banks1, 2 Index (“KRX”) 350 322 300 250 200 156 150 149 100 50 3/30/2023 8/22/2023 1/14/2024 6/7/2024 10/30/2024 3/24/2025 8/16/2025 1/8/2026 Source: Bloomberg 1 Includes CNOB, D
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 revenueĩ CAGR¹ 2017–2025Q3 2017–2025Q3 2017-2025Q3 22.4% 23.2% 20.2% 13.5% 14.3% 12.1% 9.3% 9.6% 8.1% MCB KRX Index² NYC Middle-Market MCB KRX Index² NYC Middle-Market MCB KRX Index
Slide 8: Differentiating Factors
Differentiating Factors ComMetropolitan GS) | ace NYSE
Slide 9: Highly Diversified Franchise
Highly Diversified Franchise Loan Portfolio December 31, 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 29
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 7.31% 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% 3.52% 3.70% 3.46% 3.49% 3.49% 3.53% 3.26% 2.77% 3.88% 1.83%
Slide 12: Highly Liquid and Resilient Balance Sheet
Highly Liquid and Resilient Balance Sheet Deposits TCE/TA Ratio1 Deposit Profile ($ bn) at December 31, 2025 $7.4 $7.1 9.9% 9.6% $6.4 $6.8 9.1% 8.8% 8.9% 75% $6.0 Insured deposits 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 176% Uninsured Deposit Coverage Ratio2 L
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 $6.8 billion Gross Loan Portfolio1, 2 Diversified Loan Portfolio December 31, 2025 | $ millions December 31, 2025 $6,631 $6,800 $6,829 $99 $97 $6,360 $100 Consumer & 1-4 37% CRE: Skilled Nursing $102 $872 Family Facility ("SNF") $6,051 $953 $104 $1,016 C&I 7
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 December 31, 2025 with a net worth in excess of $50 million • Weighted average LTV of 62% • Primarily concentrated in the New York MSA • Owner occupied – 46% • Well-dive
Slide 16: Expertise in Specific Verticals Drive Commercial & Industrial Lending
Expertise in Specific Verticals Drive Commercial & Industrial Lending Target Market Key Metrics December 31, 2025 • Strong historical credit performance Total C&I Loans: $872mm - Pledged collateral and/or personal guarantees from high-net-worth individuals support most loans • Middle market business
Slide 17: Diversified Healthcare Portfolio
Diversified Healthcare Portfolio Overview Healthcare Composition | December 31, 2025 December 31, 2025 C&I Other • Active in Healthcare lending since 2002 with no realized losses C&I SNF $91 mm since entering this space and no deferrals during the pandemic. $212 mm • Stabilized SNF – 61% of CRE SNF
Slide 18: Geographically Diversified Skilled Nursing Facility Portfolio
Geographically Diversified Skilled Nursing Facility Portfolio Overview C&I Skilled Nursing Facility Exposure by State December 31, 2025 December 31, 2025 • CRE – Skilled Nursing Facilities (“SNF”) – average LTV of 70%. Total C&I SNF loans: 13% $212mm • Highly selective regarding the quality of SNF O
Slide 19: Conservatively Underwritten, Geographically Diversified CRE Office Portfolio
Conservatively Underwritten, Geographically Diversified CRE Office Portfolio Overview Office by Region December 31, 2025 December 31, 2025 • Total Office loans: $473mm 46% Manhattan 8% • Weighted average LTV of 51% 14% Brooklyn • Weighted average occupancy rate of 75%* 5% Queens 25% • Weighted avera
Slide 20: Conservatively Underwritten Multi-family Portfolio
Conservatively Underwritten Multi-family Portfolio Overview Stabilized1 Maturity Schedule December 31, 2025 | $ millions December 31, 2025 | $ millions • Total Multi-family loans: $397mm 2026 2027 Thereafter Total Outstanding Balance $134 $40 $123 $297 • Weighted average LTV of 54% Commitment Amount
Slide 21: Deposit Composition
Deposit Composition $7.4 Billion Total Deposits December 31, 2025 | $ millions* $7,377 $7,073 $6,791 $648 $564 $6,449 $553 $5,983 $522 $1,478 $392 $1,340 $1,260 $988 $858 EB-5, Title & Escrow, & Charter Schools $92 Municipal $1,409 $1,439 $1,269 $1,279 $1,217 Other** $425 Property Managers $300 $351
Slide 22: Modern Banking in Motion Digital Transformation
Modern Banking in Motion Digital Transformation 21
Slide 23: Modern Banking in Motion 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 24: Modern Banking in Motion 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 $7,377 $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 2020 2021 2022 2023 2024 2025 Revenue Net Income | $ millions | $ millions $315 $77 $277 $71 $256 $67 $251 $60
Slide 27: Highly Profitable, Scalable Model
Highly Profitable, Scalable Model Net Interest Margin Return on Average Assets 3.88% 3.49% 3.49% 3.53% 3.26% 2.77% 1.06% 1.19% 1.02% 0.90% 0.91% 0.90% 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Efficiency ratio2 ROATCE1 62.7% 15.2% 58.2% 12.9% 12.6% 55.9% 52.5% 52.5% 10.4% 9.7% 9.8%
Slide 28: Credit Metrics
Credit Metrics NCOs/Average Loans Non-Performing Loans/Loans 0.13% 1.28% 0.92% 0.06% 0.54% 0.00% 0.02% 0.00% 0.20% 0.28% 0.00% 0.01% 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 ACL/Loans Non-Performing Loans/ACL 1.43% 89.5% 89.5% 1.13% 1.03% 1.05% 0.93% 0.93% 51.5% 29.6% 18.0% 0.0% 2
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% 10.7% 9.5% 10.1% 8.5% 8.5% 2020 2021 2022¹ 2023² 2024³ 2025 2020 2021 2022¹ 2023² 2024³ 2025 Total Risk-Based
Slide 30: Reconciliation of GAAP to Non-GAAP Measures
Reconciliation of GAAP to Non-GAAP Measures For Year Ending $ thousands, except per share data Q4 2025 Q3 2025 2025 2024 2023 2022 2021 2020 2019 2018 2017 Average assets $ 8,319,679 $ 7,964,712 $ 7,880,760 $ 7,293,445 $ 6,506,614 $ 6,621,631 $ 5,724,230 $ 3,863,013 $ 2,846,959 $ 1,951,982 $ 1,524,2
Metropolitan Bank Holding — Q4 2025 Earnings Presentation on 6ix