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MCB (Metropolitan Bank Holding) ROE % : 6.97% (As of Sep. 2024)


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What is Metropolitan Bank Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Metropolitan Bank Holding's annualized net income for the quarter that ended in Sep. 2024 was $49.1 Mil. Metropolitan Bank Holding's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $703.8 Mil. Therefore, Metropolitan Bank Holding's annualized ROE % for the quarter that ended in Sep. 2024 was 6.97%.

The historical rank and industry rank for Metropolitan Bank Holding's ROE % or its related term are showing as below:

MCB' s ROE % Range Over the Past 10 Years
Min: 5.41   Med: 10.49   Max: 13.49
Current: 8.86

During the past 9 years, Metropolitan Bank Holding's highest ROE % was 13.49%. The lowest was 5.41%. And the median was 10.49%.

MCB's ROE % is ranked worse than
53.29% of 1535 companies
in the Banks industry
Industry Median: 9.39 vs MCB: 8.86

Metropolitan Bank Holding ROE % Historical Data

The historical data trend for Metropolitan Bank Holding's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metropolitan Bank Holding ROE % Chart

Metropolitan Bank Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 10.69 12.33 13.49 10.49 12.51

Metropolitan Bank Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.05 9.01 9.73 9.84 6.97

Competitive Comparison of Metropolitan Bank Holding's ROE %

For the Banks - Regional subindustry, Metropolitan Bank Holding's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Metropolitan Bank Holding's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Metropolitan Bank Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Metropolitan Bank Holding's ROE % falls into.



Metropolitan Bank Holding ROE % Calculation

Metropolitan Bank Holding's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=77.268/( (575.897+659.021)/ 2 )
=77.268/617.459
=12.51 %

Metropolitan Bank Holding's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=49.064/( (692.404+715.191)/ 2 )
=49.064/703.7975
=6.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Metropolitan Bank Holding  (NYSE:MCB) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=49.064/703.7975
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(49.064 / 286.072)*(286.072 / 7334.4745)*(7334.4745 / 703.7975)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.15 %*0.039*10.4213
=ROA %*Equity Multiplier
=0.67 %*10.4213
=6.97 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=49.064/703.7975
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (49.064 / 70.28) * (70.28 / 286.072) * (286.072 / 7334.4745) * (7334.4745 / 703.7975)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.6981 * 24.57 % * 0.039 * 10.4213
=6.97 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Metropolitan Bank Holding ROE % Related Terms

Thank you for viewing the detailed overview of Metropolitan Bank Holding's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Metropolitan Bank Holding Business Description

Traded in Other Exchanges
N/A
Address
99 Park Avenue, New York, NY, USA, 10016
Metropolitan Bank Holding Corp is a bank holding company. It provides a broad range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The services provided by the company include deposits, trade finance, cash management solutions, savings, electronic banking, cards, and others. The company also provides various lending products such as acquisition loans, construction loans, and lines of credit, for retail, office, hospitality, multifamily, mixed-use, warehouse and distribution, and specialty-use properties. The bank derives its revenue in the form of interest income on loans.
Executives
Nick Rosenberg officer: EVP and CTO 99 PARK AVENUE, NEW YORK NY 10016
Robert C Patent director 99 PARK AVENUE, NEW YORK NY 10016
Chaya Pamula director 99 PARK AVENUE, NEW YORK NY 10016
Norman Scott officer: SVP and CCO 99 PARK AVENUE, NEW YORK NY 10016
Scott Lublin officer: EVP and CLO 99 PARK AVENUE, NEW YORK NY 10016
Mark R Defazio director, officer: President and CEO 99 PARK AVENUE, NEW YORK NY 10016
Daniel F Dougherty officer: EVP & CFO 99 PARK AVENUE, NEW YORK NY 10016
Wolf George J Jr director 99 PARK AVENUE, NEW YORK NY 10016
Gerald David Bonnar officer: SVP, Controller, CAO & PAO 99 PARK AVENUE, NEW YORK NY 10016
Frederik F Erikson officer: EVP & General Counsel 99 PARK AVENUE, NEW YORK NY 10016
David J Gold director 99 PARK AVENUE, NEW YORK NY 10016
Terence J Mitchell director 99 PARK AVENUE, NEW YORK NY 10016
Maria F Ramirez director 99 PARK AVENUE, NEW YORK NY 10016
Dale C Fredston director 99 PARK AVENUE, NEW YORK NY 10016
Harvey Gutman director 99 PARK AVENUE, NEW YORK NY 10016