Metropolitan Bank reports Q1 EPS $2.92, consensus $2.31

Net interest income for the first quarter of 2026 was $85.9 million, an increase of $19.0 million or 28.3%, compared to the prior year period. The net interest margin for the first quarter of 2026 was 4.08%, an increase of 40 basis points compared to 3.68% for the prior year period. Annualized return on average equity of 15.4% and annualized return on average tangible common equity of 15.6% for the first quarter of 2026.