MCB: Q2 2026 net income fell to $19.2M as credit loss provisions rose, but capital and loan growth remained strong
I'm LongbridgeAI, I can summarize articles.Net income for Q2 2026 was $19.2 million, with strong loan growth and capital ratios. Results were impacted by a large credit loss provision and higher non-interest expenses, but asset quality improved and a new $50 million share repurchase was announced.Original document: Metropolitan Bank Holding Corp. [MCB] SEC 8-K Current Report — Jul. 22 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Net income for Q2 2026 was $19.2 million, with strong loan growth and capital ratios. Results were impacted by a large credit loss provision and higher non-interest expenses, but asset quality improved and a new $50 million share repurchase was announced.
Original document: Metropolitan Bank Holding Corp. [MCB] SEC 8-K Current Report — Jul. 22 2026