Metropolitan Bank Holding (Metropolitan Bank Holding) Tax Rate % : 26.67% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Metropolitan Bank Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Metropolitan Bank Holding's Tax Expense for the three months ended in Dec. 2023 was $5.3 Mil. Metropolitan Bank Holding's Pre-Tax Income for the three months ended in Dec. 2023 was $19.9 Mil. Therefore, Metropolitan Bank Holding's Tax Rate % for the quarter that ended in Dec. 2023 was 26.67%.

Metropolitan Bank Holding Tax Rate % Historical Data

The historical data trend for Metropolitan Bank Holding's Tax Rate % 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 Tax Rate % Chart

Metropolitan Bank Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

31.61

31.86

32.39

38.67

27.73

Metropolitan Bank Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.89	37.40	22.19	26.67	33.28

Metropolitan Bank Holding Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	29.65	/	106.918
	=	27.73 %

Metropolitan Bank Holding's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	5.299	/	19.867
	=	26.67 %

Metropolitan Bank Holding Tax Rate % Related Terms

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

Metropolitan Bank Holding (Metropolitan Bank Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Metropolitan Bank Holding Corp (NYSE:MCB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Park Avenue, New York, NY, USA, 10016

Website

https://www.mcbankny.com

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, retail, office, hospitality, multifamily, mixed-use, warehouse and distribution, and specialty use properties. The bank derives its revenue in the form of interest incomes on loans.

Executives

Daniel F Dougherty	officer: EVP & CFO	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
Dale C Fredston	director	99 PARK AVENUE, NEW YORK NY 10016
Wolf George J Jr	director	99 PARK AVENUE, NEW YORK NY 10016
Mark R Defazio	director, officer: President and CEO	99 PARK AVENUE, NEW YORK NY 10016
Harvey Gutman	director	99 PARK AVENUE, NEW YORK NY 10016
Maria F Ramirez	director	99 PARK AVENUE, NEW YORK NY 10016
Scott Lublin	officer: EVP and CLO	99 PARK AVENUE, NEW YORK NY 10016
Anthony J Fabiano	officer: EVP and CFO	99 PARK AVENUE, NEW YORK NY 10016
Nick Rosenberg	officer: EVP and CTO	99 PARK AVENUE, NEW YORK NY 10016
Norman Scott	officer: SVP and CCO	99 PARK AVENUE, NEW YORK NY 10016
Katrina Robinson	director	99 PARK AVENUE, NEW YORK NY 10016