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Metropolitan Bank (MCB) Revenue & Revenue Breakdown

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Metropolitan Bank Revenue Highlights

Latest Revenue (Y)

$468.38M

Latest Revenue (Q)

$126.74M

Main Segment (Y)

Service charges on deposit accounts

Metropolitan Bank Revenue by Period

Metropolitan Bank Revenue by Year

DateRevenueChange
2024-12-31$468.38M96.42%
2023-12-31$238.46M-6.76%
2022-12-31$255.75M41.54%
2021-12-31$180.70M27.32%
2020-12-31$141.92M31.12%
2019-12-31$108.24M29.81%
2018-12-31$83.38M31.79%
2017-12-31$63.27M46.84%
2016-12-31$43.09M38.01%
2015-12-31$31.22M-

Metropolitan Bank generated $468.38M in revenue during NA 2024, up 96.42% compared to the previous quarter, and up 432.73% compared to the same period a year ago.

Metropolitan Bank Revenue by Quarter

DateRevenueChange
2024-09-30$126.74M3.97%
2024-06-30$121.90M2.15%
2024-03-31$119.34M13.37%
2023-12-31$105.27M75.24%
2023-09-30$60.07M-2.49%
2023-06-30$61.61M-26.01%
2023-03-31$83.26M18.53%
2022-12-31$70.25M1.60%
2022-09-30$69.14M10.98%
2022-06-30$62.30M15.24%
2022-03-31$54.06M4.23%
2021-12-31$51.87M11.10%
2021-09-30$46.68M8.24%
2021-06-30$43.13M10.54%
2021-03-31$39.02M5.91%
2020-12-31$36.84M2.44%
2020-09-30$35.96M0.41%
2020-06-30$35.81M7.52%
2020-03-31$33.31M7.78%
2019-12-31$30.90M7.48%
2019-09-30$28.75M12.27%
2019-06-30$25.61M9.98%
2019-03-31$23.29M10.10%
2018-12-31$21.15M3.86%
2018-09-30$20.36M1.59%
2018-06-30$20.04M-7.90%
2018-03-31$21.76M0.06%
2017-12-31$21.75M34.50%
2017-09-30$16.17M21.34%
2017-06-30$13.33M10.81%
2017-03-31$12.03M2.78%
2016-12-31$11.70M6.19%
2016-09-30$11.02M-

Metropolitan Bank generated $126.74M in revenue during Q3 2024, up 3.97% compared to the previous quarter, and up 205.73% compared to the same period a year ago.

Metropolitan Bank Revenue Breakdown

Metropolitan Bank Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22Dec 21Dec 20Dec 19
Other service charges and fees$2.31M$1.76M$1.95M--
Service charges on deposit accounts$8.27M$5.75M$4.75M--
Global payments revenue-$19.34M$16.45M--
Deposit Account---$3.73M$3.56M
Debit Card---$8.46M$5.64M
Financial Service Other---$1.48M$1.37M

Metropolitan Bank's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service charges on deposit accounts (78.15%), and Other service charges and fees (21.85%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Other service charges and fees$267.00K$583.00K$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$2.18M$2.13M$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--------
Debit Card------------$3.62M$3.63M$3.27M$2.16M$2.57M$2.11M$1.62M$1.48M
Financial Service Other------------$614.00K$566.00K$304.00K$239.00K$202.00K$411.00K$627.00K$426.00K
Deposit Account------------$1.67M$1.35M$1.06M$981.00K$863.00K$803.00K$1.08M$977.00K

Metropolitan Bank's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service charges on deposit accounts (89.08%), and Other service charges and fees (10.92%).

Metropolitan Bank Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CUBICustomers Bancorp$1.33B$280.56M
MCBMetropolitan Bank$468.38M$126.74M
CBNKCapital Bancorp$186.16M$59.24M
ISTRInvestar$143.87M$39.10M
CHMGChemung Financial-$21.28M
BCMLBayCom-$36.17M

MCB Revenue FAQ

What is Metropolitan Bank’s yearly revenue?

Metropolitan Bank's yearly revenue for 2024 was $468.38M, representing an increase of 96.42% compared to 2023. The company's yearly revenue for 2023 was $238.46M, representing a decrease of -6.76% compared to 2022. MCB's yearly revenue for 2022 was $255.75M, representing an increase of 41.54% compared to 2021.

What is Metropolitan Bank’s quarterly revenue?

Metropolitan Bank's quarterly revenue for Q3 2024 was $126.74M, a 3.97% increase from the previous quarter (Q2 2024), and a 110.99% increase year-over-year (Q3 2023). The company'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). MCB'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).

What is Metropolitan Bank’s revenue growth rate?

Metropolitan Bank's revenue growth rate for the last 3 years (2022-2024) was 83.14%, and for the last 5 years (2020-2024) was 230.02%.

What are Metropolitan Bank’s revenue streams?

Metropolitan Bank's revenue streams in c 24 are Other service charges and fees, and Service charges on deposit accounts. Other service charges and fees generated $2.31M in revenue, accounting 21.85% of the company's total revenue, up 31.14% year-over-year. Service charges on deposit accounts generated $8.27M in revenue, accounting 78.15% of the company's total revenue, up 43.88% year-over-year.

What is Metropolitan Bank’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Metropolitan Bank was Service charges on deposit accounts. This segment made a revenue of $8.27M, representing 78.15% of the company's total revenue.