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Metropolitan Bank (MCB) Revenue & Revenue Breakdown

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Metropolitan Bank Revenue Highlights

Latest Revenue (Y)

$375.40M

Latest Revenue (Q)

$126.74M

Main Segment (Y)

Global payments revenue

Metropolitan Bank Revenue by Period

Metropolitan Bank Revenue by Year

DateRevenueChange
2023-12-31$375.40M46.79%
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 $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

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

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/ServiceSep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Other service charges and fees$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$2.13M$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$1.48M
Financial Service Other-----------$614.00K$566.00K$304.00K$239.00K$202.00K$411.00K$627.00K$426.00K$349.00K
Deposit Account-----------$1.67M$1.35M$1.06M$981.00K$863.00K$803.00K$1.08M$977.00K$852.00K

Metropolitan Bank's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service charges on deposit accounts (78.55%), and Other service charges and fees (21.45%).

Metropolitan Bank Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CUBICustomers Bancorp$1.44B$280.56M
MCBMetropolitan Bank$375.40M$126.74M
CBNKCapital Bancorp$208.17M$59.24M
ISTRInvestar$141.13M$39.10M
CHMGChemung Financial$137.52M$21.28M
BCMLBayCom$133.31M$36.17M

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 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 (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 Global payments revenue, Other service charges and fees, and Service charges on deposit accounts. 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. 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.

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.