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Metropolitan Bank Q1 EPS Falls, Revenue Rises; Shares Up After-Hours
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Metropolitan Bank Q1 EPS Falls, Revenue Rises; Shares Up After-Hours
Apr 18, 2024 2:05 PM

04:42 PM EDT, 04/18/2024 (MT Newswires) -- Metropolitan Bank (MCB) reported Q1 earnings late Thursday of $1.46 per diluted share, down from $2.25 a year earlier.

Four analysts polled by Capital IQ expected $1.31.

Revenue, expressed as the sum of net interest and noninterest income, was $66.7 million in Q1, up from $65.5 million a year ago.

One analyst surveyed by Capital IQ expected $65.1 million.

The stock was up more than 13% in extended trading.

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