Metropolitan Bank Holding Corp. (MCB)
Market Cap | 483.09M |
Revenue (ttm) | 239.78M |
Net Income (ttm) | 68.40M |
Shares Out | 11.19M |
EPS (ttm) | 6.10 |
PE Ratio | 7.08 |
Forward PE | 6.69 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 26,977 |
Open | 42.78 |
Previous Close | 42.55 |
Day's Range | 42.78 - 43.44 |
52-Week Range | 30.20 - 57.15 |
Beta | 1.18 |
Analysts | Buy |
Price Target | 55.00 (+27.43%) |
Earnings Date | Jul 18, 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]
Financial Performance
In 2023, MCB's revenue was $238.46 million, a decrease of -2.92% compared to the previous year's $245.64 million. Earnings were $77.27 million, an increase of 30.03%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MCB stock is "Buy." The 12-month stock price forecast is $55.0, which is an increase of 27.43% from the latest price.
News
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
Metropolitan Bank Holding Corp. Names Frederik F. Erikson General Counsel
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), announced today the appointment of Frederik F...
Metropolitan Bank Holding Corp. Reports Second Quarter 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 $15.6 million, or $1.3...
Metropolitan Bank Holding Corp. Announces Second 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 second quarter financial r...
International Merchant Bank Limited secures from Metropolitan Commercial Bank of New York, USA a Correspondent Banking Relationship
NEVIS, St. Kitts and Nevis , June 6, 2023 /PRNewswire/ -- International Merchant Bank Limited (IMBL), an International Bank licensed and regulated by the Nevis Financial Services Regulatory Commission...
INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
INVESTIGATION ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 14, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank ...
MCB INVESTOR NEWS: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation - MCB
NEW YORK , May 12, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Metropolitan Bank Hold...
Regional bank crisis is ‘not over,' warns former Fed Vice Chairman Quarles
Policymakers and investors should prepare for prolonged stress in the regional bank sector, according to Randal Quarles, former vice chairman for supervision at the Federal Reserve.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB
NEW YORK , May 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("MCB" or the "Company") (NYSE: MCB). Such investors are advised...
Regional bank crisis: Here's how DC might act to stop the bleeding
Shares of embattled regional bank stocks were rebounding Friday, but ongoing uncertainty in the sector has led to growing calls for the federal government to take action to restore investor and deposi...
Current CEO Stuart Sopp says the 'duration bubble' is bursting for banks
Stuart Sopp, Current CEO, joins 'Fast Money' to discuss the regional banking crisis and what it means for the fintech space.
Regional-Bank Shares Dive as Investors Fret About Contagion
PacWest Bancorp and First Horizon shares fall as investors wonder how much further regional-banking problems could spread.