Metropolitan Bank Holding Corp.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 20, 2026
MCB$96.44+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. CONSOLIDATED STATEMENTS OF CASH FLOWS
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year ended December 31, | |||||||||
| · · 2025 · · 2024 · · 2023 | |||||||||
| Cash flows from operating activities | | | | | | | | | |
| Net income | | $71,098 | | $66,686 | | $77,268 | |||
| Adjustments to reconcile net income to net cash: | | | | | | | | | |
| Net depreciation, amortization, and accretion | | | (11,053) | | | (11,412) | | | 7,142 |
| Provision for credit losses | | | 37,592 | | | 6,257 | | | 12,283 |
| Stock-based compensation | | | 8,928 | | | 8,899 | | | 9,765 |
| Other, net | | | (1,174) | | | (2,986) | | | (75) |
| Deferred income tax (benefit) expense | | | (9,264) | | | (2,798) | | | (2,800) |
| Net change in: | | | | | | | | | |
| Receivable from global payments, net | | | — | | | 87,648 | | | (2,043) |
| Third-party debit cardholder balances | | | — | | | (10,178) | | | (401) |
| Other assets | | | (3,963) | | | (4,089) | | | (30,019) |
| Other liabilities | | | (3,484) | | | 10,432 | | | (28,694) |
| Net cash provided by (used in) operating activities | | | 88,680 | | | 148,459 | | | 42,426 |
| | | | | | | | | | |
| Cash flows from investing activities | | | | | | | | | |
| Loan originations and payments, net | | | (765,847) | | | (395,390) | | | (789,736) |
| Redemptions of FRB and FHLB Stock | | | 36,570 | | | 48,348 | | | 152,400 |
| Purchases of FRB and FHLB Stock | | | (26,566) | | | (40,018) | | | (169,256) |
| Purchase of securities available-for-sale | | | (199,063) | | | (72,810) | | | (46,809) |
| Purchase of securities held-for-investment | | | — | | | — | | | (24,595) |
| Proceeds from sales and calls of securities available-for-sale | | | 18,400 | | | — | | | — |
| Proceeds from paydowns and maturities of securities available-for-sale | | | 108,419 | | | 53,166 | | | 42,342 |
| Proceeds from paydowns and maturities of securities held-to-maturity | | | 71,381 | | | 39,724 | | | 65,954 |
| Purchase of premises and equipment | | | (6,257) | | | (2,631) | | | (5,749) |
| Net cash provided by (used in) investing activities | | | (762,963) | | | (369,611) | | | (775,449) |
| | | | | | | | | | |
| Cash flows from financing activities | | | | | | | | | |
| Proceeds from (repayments of) federal funds purchased, net | | | (210,000) | | | 111,000 | | | (51,000) |
| Proceeds from (repayments of) FHLB advances, net | | | (240,000) | | | (200,000) | | | 340,000 |
| Redemption of common stock for tax withholdings for restricted stock vesting | | | (3,551) | | | (4,582) | | | (3,170) |
| Proceeds from (repayments of) other borrowings, net | | | — | | | 100,000 | | | — |
| Proceeds from (repayments of) secured borrowings, net | | | 3,534 | | | (100,144) | | | (140) |
| Net increase (decrease) in deposits | | | 1,394,205 | | | 245,681 | | | 459,380 |
| Purchase of treasury stock | | | (73,466) | | | — | | | — |
| Cash dividend paid | | | (3,120) | | | — | | | — |
| Net cash provided by (used in) financing activities | | | 867,602 | | | 151,955 | | | 745,070 |
| | | | | | | | | | |
| Increase (decrease) in cash and cash equivalents | | | 193,319 | | | (69,197) | | | 12,047 |
| Cash and cash equivalents at the beginning of the period | | | 200,268 | | | 269,465 | | | 257,418 |
| Cash and cash equivalents at the end of the period | | $393,587 | | $200,268 | | $269,465 | |||
| Supplemental information | | | | | | | | | |
| Cash paid for: | | | | | | | | | |
| Interest | | $212,217 | | $215,380 | | $151,403 | |||
| Income Taxes | | $25,852 | | $34,795 | | $36,171 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.