Investing.com - Metropolitan Bank reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Metropolitan Bank announced earnings per share of $2.23 on revenue of $69.14. Analysts polled by Investing.com anticipated EPS of $2.34 on revenue of $67.72M.
Metropolitan Bank shares are down 33.45% from the beginning of the year and are trading at $59.55 , down-from-52-week-high.
Metropolitan Bank shares lost 0.65% in after-hours trade the report.
Metropolitan Bank follows other major Financial sector earnings this month
Metropolitan Bank's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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