Metropolitan Bank Holding Corp. (MCB)

NYSE: MCB · Real-Time Price · USD
64.92
-0.27 (-0.41%)
Nov 14, 2024, 4:00 PM EST - Market closed
-0.41%
Market Cap 726.95M
Revenue (ttm) 258.17M
Net Income (ttm) 59.76M
Shares Out 11.20M
EPS (ttm) 5.34
PE Ratio 12.21
Forward PE 9.82
Dividend n/a
Ex-Dividend Date n/a
Volume 52,143
Open 65.39
Previous Close 65.19
Day's Range 64.00 - 66.15
52-Week Range 32.46 - 66.59
Beta 1.13
Analysts Buy
Price Target 63.13 (-2.76%)
Earnings Date Oct 17, 2024

About MCB

Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company offers checking, savings, term deposit, money market, demand deposit, and other interest-bearing transaction accounts. It also provides lending products, including commercial real estate, multi-family, construction, and one-to four-... [Read more]

Sector Financials
IPO Date Nov 8, 2017
Employees 277
Stock Exchange NYSE
Ticker Symbol MCB
Full Company Profile

Financial Performance

In 2023, Metropolitan Bank Holding's revenue was $238.46 million, a decrease of -2.92% compared to the previous year's $245.64 million. Earnings were $76.90 million, an increase of 29.72%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MCB stock is "Buy." The 12-month stock price forecast is $63.13, which is a decrease of -2.76% from the latest price.

Price Target
$63.13
(-2.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Metropolitan Bank Holding Corp. (MCB) Q3 2024 Earnings Call Transcript

Metropolitan Bank Holding Corp. (NYSE:MCB) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Mark DeFazio - President & CEO Daniel Dougherty - EVP & CFO Conference Cal...

27 days ago - Seeking Alpha

Metropolitan Bank Holding Corp. Reports Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $12.3 million, or $1.0...

4 weeks ago - Business Wire

Metropolitan Bank Holding Corp. Announces Third Quarter 2024 Earnings Release and Conference Call Date

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter 2024 financi...

5 weeks ago - Business Wire

Metropolitan Commercial Bank Recognized as a Member of Piper Sandler's Sm-All Stars Class of 2024

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank is pleased to announce its recognition as a member o...

6 weeks ago - Business Wire

Metropolitan Bank Holding Corp Has Had An Excellent Run (Rating Downgrade)

Metropolitan Bank Holding Corp. saw a 30% share price surge since late June, outperforming the S&P 500's 4.2% increase. The firm achieved strong Q2 performance, with net interest income rising to $60 ...

6 weeks ago - Seeking Alpha

Metropolitan Commercial Bank Rings NYSE Opening Bell to Commemorate 25th Anniversary

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (NYSE: MCB) proudly rang the Opening Bell at the New York Stock Exchange today to celebrate its 25th Anniversary. This milestone undersco...

2 months ago - Business Wire

KBW analysts recommend these 11 financial stocks after the market sell-off

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with ca...

3 months ago - Market Watch

Metropolitan Bank Holding Corp. (MCB) Q2 2024 Earnings Call Transcript

Metropolitan Bank Holding Corp. (NYSE:MCB) Q2 2024 Earnings Conference Call July 19, 2024 9:00 AM ET Company Participants Mark R. DeFazio - President and CEO Daniel F.

4 months ago - Seeking Alpha

Metropolitan Bank Holding Corp. Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.8 million, or $1.5...

4 months ago - Business Wire

Metropolitan Bank Holding Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Date

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2024 financ...

4 months ago - Business Wire

Metropolitan Bank Holding Corp: Still Bullish Despite Recent Underperformance

Metropolitan Bank Holding faced some challenges in the first quarter of 2024, but overall the business looks positive. Shares are attractively priced compared to similar firms, though asset quality co...

5 months ago - Seeking Alpha

Metropolitan Commercial Bank Celebrates Quarter Century Anniversary

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City, proudly announces its 25th anniversary, signifying a remarkab...

5 months ago - Business Wire

Metropolitan Bank Holding Corp. (MCB) Q1 2024 Earnings Call Transcript

Metropolitan Bank Holding Corp. (MCB) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

Metropolitan Bank Holding Corp. Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.2 million, or $1.4...

7 months ago - Business Wire

Metropolitan Bank Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Date

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2024 financi...

7 months ago - Business Wire

Metropolitan Bank: Significant Upside With A Margin Of Safety

MCB operates in the New York metropolitan area, primarily catering to wealthy entrepreneurs and small businesses. It owns a diversified and healthy loan portfolio with no signs of permanent credit dam...

8 months ago - Seeking Alpha

Automated Financial Systems, Inc. Announces Metropolitan Commercial Bank's Selection of AFSVision® as their Modern Commercial Lending Platform

EXTON, Pa. , March 12, 2024 /PRNewswire/ -- Automated Financial Systems, Inc. (AFS) announced today that Metropolitan Commercial Bank (the "Bank") (NYSE: MCB), is the latest bank to choose AFSVision a...

8 months ago - PRNewsWire

Metropolitan Bank Holding Corp. (MCB) Q4 2023 Earnings Call Transcript

Metropolitan Bank Holding Corp. (MCB) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $14.6 million, or $1.2...

10 months ago - Business Wire

Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Date

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full ye...

11 months ago - Business Wire

Metropolitan Bank Holding: A Stellar Opportunity To Bank On

Metropolitan Bank Holding is an attractive investment opportunity in the banking sector. MCB has shown solid financial performance and continues to grow its enterprise. Shares are cheap, deposits cont...

1 year ago - Seeking Alpha

Metropolitan Bank Holding Corp. Promotes Treasurer to CFO

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the parent company of Metropolitan Commercial Bank (the “Bank”), is pleased to announce the promotion of Daniel ...

1 year ago - Business Wire

Metropolitan Bank Holding Corporation (MCB) Q3 2023 Earnings Call Transcript

Metropolitan Bank Holding Corporation (MCB) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Metropolitan Commercial Bank Announces Settlements with Federal Reserve and New York State Department of Financial Services

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Bank has entered into Consent Orders...

1 year ago - Business Wire

Metropolitan Bank Holding Corp. Announces Third Quarter 2023 Earnings Release and Conference Call Date

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter financial re...

1 year ago - Business Wire