Metropolitan Bank (MCB) Revenue & Revenue Breakdown
Metropolitan Bank Revenue Highlights
Latest Revenue (Y)
$375.40M
Latest Revenue (Q)
$121.90M
Main Segment (Y)
Global payments revenue
Metropolitan Bank Revenue by Period
Metropolitan Bank Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $375.40M | 46.79% |
| 2022-12-31 | $255.75M | 41.54% |
| 2021-12-31 | $180.70M | 27.32% |
| 2020-12-31 | $141.92M | 31.12% |
| 2019-12-31 | $108.24M | 29.81% |
| 2018-12-31 | $83.38M | 31.79% |
| 2017-12-31 | $63.27M | 46.84% |
| 2016-12-31 | $43.09M | 38.01% |
| 2015-12-31 | $31.22M | - |
Metropolitan Bank generated $375.40M in revenue during NA 2023, up 46.79% compared to the previous quarter, and up 450.21% compared to the same period a year ago.
Metropolitan Bank Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $121.90M | 2.15% |
| 2024-03-31 | $119.34M | 13.37% |
| 2023-12-31 | $105.27M | 75.24% |
| 2023-09-30 | $60.07M | -2.49% |
| 2023-06-30 | $61.61M | -26.01% |
| 2023-03-31 | $83.26M | 18.53% |
| 2022-12-31 | $70.25M | 1.60% |
| 2022-09-30 | $69.14M | 10.98% |
| 2022-06-30 | $62.30M | 15.24% |
| 2022-03-31 | $54.06M | 4.23% |
| 2021-12-31 | $51.87M | 11.10% |
| 2021-09-30 | $46.68M | 8.24% |
| 2021-06-30 | $43.13M | 10.54% |
| 2021-03-31 | $39.02M | 5.91% |
| 2020-12-31 | $36.84M | 2.44% |
| 2020-09-30 | $35.96M | 0.41% |
| 2020-06-30 | $35.81M | 7.52% |
| 2020-03-31 | $33.31M | 7.78% |
| 2019-12-31 | $30.90M | 7.48% |
| 2019-09-30 | $28.75M | 12.27% |
| 2019-06-30 | $25.61M | 9.98% |
| 2019-03-31 | $23.29M | 10.10% |
| 2018-12-31 | $21.15M | 3.86% |
| 2018-09-30 | $20.36M | 1.59% |
| 2018-06-30 | $20.04M | -7.90% |
| 2018-03-31 | $21.76M | 0.06% |
| 2017-12-31 | $21.75M | 34.50% |
| 2017-09-30 | $16.17M | 21.34% |
| 2017-06-30 | $13.33M | 10.81% |
| 2017-03-31 | $12.03M | 2.78% |
| 2016-12-31 | $11.70M | 6.19% |
| 2016-09-30 | $11.02M | - |
Metropolitan Bank generated $121.90M in revenue during Q2 2024, up 2.15% compared to the previous quarter, and up 146.40% compared to the same period a year ago.
Metropolitan Bank Revenue Breakdown
Metropolitan Bank Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Service charges on deposit accounts | $5.75M | $4.75M | - | - |
| Global payments revenue | $19.34M | $16.45M | - | - |
| Other service charges and fees | $1.76M | $1.95M | - | - |
| Financial Service Other | - | - | $1.48M | $1.37M |
| Debit Card | - | - | $8.46M | $5.64M |
| Deposit Account | - | - | $3.73M | $3.56M |
Metropolitan Bank's latest annual revenue breakdown by segment (product or service), as of Dec 22: Global payments revenue (72.03%), Service charges on deposit accounts (21.40%), and Other service charges and fees (6.57%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other service charges and fees | $367.00K | $1.09M | $867.00K | $676.00K | $642.00K | $538.00K | $364.00K | $355.00K | $506.00K | $466.00K | - | - | - | - | - | - | - | - | - | - |
| Service charges on deposit accounts | $2.09M | $1.86M | $1.46M | $1.48M | $1.46M | $1.46M | $1.45M | $1.47M | $1.37M | $670.00K | - | - | - | - | - | - | - | - | - | - |
| Global payments revenue | - | - | - | $5.73M | $4.85M | $4.34M | $4.10M | $5.24M | $5.66M | $5.94M | - | - | - | - | - | - | - | - | - | - |
| Deposit Account | - | - | - | - | - | - | - | - | - | - | $1.67M | $1.35M | $1.06M | $981.00K | $863.00K | $803.00K | $1.08M | $977.00K | $852.00K | $908.00K |
| Debit Card | - | - | - | - | - | - | - | - | - | - | $3.62M | $3.63M | $3.27M | $2.16M | $2.57M | $2.11M | $1.62M | $1.48M | $1.48M | $1.42M |
| Financial Service Other | - | - | - | - | - | - | - | - | - | - | $614.00K | $566.00K | $304.00K | $239.00K | $202.00K | $411.00K | $627.00K | $426.00K | $349.00K | $313.00K |
Metropolitan Bank's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Service charges on deposit accounts (85.09%), and Other service charges and fees (14.91%).
MCB Revenue FAQ
What is Metropolitan Bank’s yearly revenue?
Metropolitan Bank's yearly revenue for 2023 was $375.4M, representing an increase of 46.79% compared to 2022. The company's yearly revenue for 2022 was $255.75M, representing an increase of 41.54% compared to 2021. MCB's yearly revenue for 2021 was $180.7M, representing an increase of 27.32% compared to 2020.
What is Metropolitan Bank’s quarterly revenue?
Metropolitan Bank's quarterly revenue for Q2 2024 was $121.9M, a 2.15% increase from the previous quarter (Q1 2024), and a 97.87% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $119.34M, a 13.37% increase from the previous quarter (Q4 2023), and a 43.33% increase year-over-year (Q1 2023). MCB's quarterly revenue for Q4 2023 was $105.27M, a 75.24% increase from the previous quarter (Q3 2023), and a 49.85% increase year-over-year (Q4 2022).
What is Metropolitan Bank’s revenue growth rate?
Metropolitan Bank's revenue growth rate for the last 3 years (2021-2023) was 107.75%, and for the last 5 years (2019-2023) was 246.83%.
What are Metropolitan Bank’s revenue streams?
Metropolitan Bank's revenue streams in c 22 are Service charges on deposit accounts, Global payments revenue, and Other service charges and fees. Service charges on deposit accounts generated $5.75M in revenue, accounting 21.40% of the company's total revenue, up 20.86% year-over-year. Global payments revenue generated $19.34M in revenue, accounting 72.03% of the company's total revenue, up 17.61% year-over-year. Other service charges and fees generated $1.76M in revenue, accounting 6.57% of the company's total revenue, down -9.59% year-over-year.
What is Metropolitan Bank’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Metropolitan Bank was Global payments revenue. This segment made a revenue of $19.34M, representing 72.03% of the company's total revenue.