Metropolitan Interest Income vs Income Tax Expense Analysis
MCB Stock | USD 67.29 1.03 1.55% |
Metropolitan Bank financial indicator trend analysis is infinitely more than just investigating Metropolitan Bank Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metropolitan Bank Holding is a good investment. Please check the relationship between Metropolitan Bank Interest Income and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Interest Income vs Income Tax Expense
Interest Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metropolitan Bank Holding Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metropolitan Bank's Interest Income and Income Tax Expense is 0.83. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Metropolitan Bank Holding, assuming nothing else is changed. The correlation between historical values of Metropolitan Bank's Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Metropolitan Bank Holding are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Income i.e., Metropolitan Bank's Interest Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Income Tax Expense
Most indicators from Metropolitan Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metropolitan Bank Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Metropolitan Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.37, whereas Tax Provision is forecasted to decline to about 19.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 157.0M | 229.2M | 229.7M | 125.6M | Tax Provision | 29.0M | 37.5M | 33.4M | 19.4M |
Metropolitan Bank fundamental ratios Correlations
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Metropolitan Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metropolitan Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 4.3B | 7.1B | 6.3B | 7.1B | 4.2B | |
Short Long Term Debt Total | 232.2M | 106.9M | 102.5M | 257.7M | 613.6M | 644.3M | |
Other Current Liab | (24.8M) | (62.4M) | (37.2M) | 5.2B | 5.7B | 6.0B | |
Total Current Liabilities | 24.8M | 62.4M | 37.2M | 5.5B | 6.3B | 6.6B | |
Total Stockholder Equity | 299.1M | 340.8M | 557.0M | 575.9M | 659.0M | 381.2M | |
Net Tangible Assets | 289.4M | 331.1M | 547.3M | 575.9M | 662.3M | 695.4M | |
Property Plant And Equipment Net | 12.1M | 13.5M | 15.1M | 31.9M | 77.3M | 81.2M | |
Net Debt | (179.6M) | (802.7M) | (2.3B) | 307K | 344.2M | 361.4M | |
Retained Earnings | 81.4M | 120.8M | 181.4M | 240.8M | 316.0M | 331.8M | |
Accounts Payable | 24.8M | 62.4M | 37.2M | 51.0M | 58.6M | 32.2M | |
Cash | 391.2M | 864.3M | 2.4B | 257.4M | 269.5M | 256.0M | |
Non Current Assets Total | 283.7M | 306.0M | 987.8M | 1.0B | 7.0B | 7.3B | |
Non Currrent Assets Other | (8.9M) | (12.2M) | (15.0M) | (1.0B) | 5.9B | 6.2B | |
Other Assets | 2.4B | 2.9B | 3.1B | 4.5B | 80.6M | 76.6M | |
Long Term Debt | 88.2M | 82.2M | 57.2M | 257.7M | 546.6M | 573.9M | |
Cash And Short Term Investments | 626.2M | 1.1B | 2.9B | 703.2M | 20.8M | 19.8M | |
Net Receivables | 24.6M | 40.5M | 55.1M | 85.6M | 87.6M | 92.0M | |
Common Stock Shares Outstanding | 8.3M | 8.4M | 9.3M | 11.2M | 11.1M | 9.8M | |
Short Term Investments | 234.9M | 266.1M | 566.6M | 445.7M | 461.2M | 259.6M | |
Long Term Debt Total | 45.2M | 88.2M | 82.2M | 77.8M | 89.5M | 59.7M | |
Liabilities And Stockholders Equity | 3.4B | 4.3B | 7.1B | 6.3B | 7.1B | 4.2B | |
Non Current Liabilities Total | 211.6M | 61.6M | 57.2M | 5.7B | 156.1M | 148.3M | |
Capital Surpluse | 213.5M | 216.5M | 218.9M | 383.0M | 440.4M | 220.5M | |
Other Current Assets | 34.8M | 49.2M | 83.9M | 343.0M | 119.6M | 113.6M | |
Other Stockholder Equity | 216.5M | 218.9M | 383.0M | 389.3M | 395.9M | 267.4M | |
Total Liab | 3.1B | 4.0B | 6.6B | 5.7B | 6.4B | 3.8B | |
Long Term Investments | 261.8M | 3.4B | 963.0M | 980.3M | 971.2M | 829.6M | |
Property Plant And Equipment Gross | 12.1M | 13.5M | 29.3M | 48.5M | 55.8M | 58.6M | |
Total Current Assets | 650.8M | 1.2B | 3.0B | 788.8M | 20.8M | 19.8M | |
Accumulated Other Comprehensive Income | 1.2M | 973K | (7.5M) | (54.3M) | (52.9M) | (50.3M) | |
Property Plant Equipment | 6.9M | 12.1M | 13.5M | 15.1M | 17.4M | 10.0M | |
Earning Assets | 296.8M | 658.6M | 1.2B | 3.3B | 3.8B | 4.0B | |
Retained Earnings Total Equity | 51.4M | 81.4M | 120.8M | 181.4M | 208.6M | 219.0M | |
Net Invested Capital | 510.7M | 402.4M | 614.2M | 833.6M | 1.2B | 682.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Metropolitan Bank Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metropolitan Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metropolitan Bank Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metropolitan Bank Holding Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metropolitan Bank Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metropolitan Bank. If investors know Metropolitan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metropolitan Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Earnings Share 5.34 | Revenue Per Share 23.164 | Quarterly Revenue Growth 0.161 | Return On Assets 0.0085 |
The market value of Metropolitan Bank Holding is measured differently than its book value, which is the value of Metropolitan that is recorded on the company's balance sheet. Investors also form their own opinion of Metropolitan Bank's value that differs from its market value or its book value, called intrinsic value, which is Metropolitan Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metropolitan Bank's market value can be influenced by many factors that don't directly affect Metropolitan Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metropolitan Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metropolitan Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metropolitan Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.