MetBank reported FY 2025 net income of USD 71.1 million (+6.6%), as net interest income rose to USD 303.24 million (+19.4%) and net interest margin improved to 3.88% (from 3.53%). Non-interest income fell to USD 11.9 million (down USD 12 million), driven primarily by the absence of USD 13.4 million in Banking-as-a-Service revenue. Provision for credit losses on loans and loan commitments increased to USD 37.6 million (up from USD 6.3 million), and non-interest expense rose to USD 176 million (+1.4%). Diluted EPS was USD 6.62 in FY 2025 (vs. USD 5.93). MetBank ended FY 2025 with total assets of USD 8.3 billion (+13.1%), loans of USD 6.8 billion (+12.9%), and deposits of USD 7.4 billion (+23.3%). Non-performing loans increased to USD 86.88 million (from USD 32.6 million), primarily due to a single out-of-market CRE multi-family loan relationship classified as non-performing in Q3 2025; the allowance for credit losses on loans was USD 97.08 million (ACL/loans 1.43%). The bank had no outstanding federal funds purchased or FHLBNY advances at December 31, 2025, following balances of USD 210 million and USD 240 million, respectively, at December 31, 2024; management cited increased deposits and a reduction in wholesale funding as key drivers of higher cash and cash equivalents (USD 393.6 million).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metropolitan Bank Holding Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-018208), on February 20, 2026, and is solely responsible for the information contained therein.