Metropolitan Bank Holding Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 53.56 million compared to USD 63.33 million a year ago. Net income was USD 22.06 million compared to USD 24.96 million a year ago. Basic earnings per share from continuing operations was USD 1.99 compared to USD 2.28 a year ago. Diluted earnings per share from continuing operations was USD 1.97 compared to USD 2.23 a year ago.
For the nine months, net interest income was USD 165.84 million compared to USD 165.26 million a year ago. Net income was USD 62.7 million compared to USD 67.17 million a year ago. Basic earnings per share from continuing operations was USD 5.64 compared to USD 6.13 a year ago. Diluted earnings per share from continuing operations was USD 5.61 compared to USD 5.98 a year ago.