Metropolitan Bank Holding Corp. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 63.9 million compared to USD 44.81 million a year ago. Net loss was USD 7.74 million compared to net income of USD 18.89 million a year ago. Basic loss per share from continuing operations was USD 0.71 compared to basic earnings per share from continuing operations of USD 1.74 a year ago. Diluted loss per share from continuing operations was USD 0.71 compared to diluted earnings per share from continuing operations of USD 1.69 a year ago.
For the full year, net interest income was USD 229.16 million compared to USD 157 million a year ago. Net income was USD 59.43 million compared to USD 60.56 million a year ago. Basic earnings per share from continuing operations was USD 5.42 compared to USD 6.64 a year ago. Diluted earnings per share from continuing operations was USD 5.29 compared to USD 6.45 a year ago.