Metropolitan Bank Holding Corp. (MCB)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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...
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. (MCB) Q1 2024 Earnings Call Transcript
Metropolitan Bank Holding Corp. (MCB) Q1 2024 Earnings Call Transcript
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...
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...
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. (MCB) Q4 2023 Earnings Call Transcript
Metropolitan Bank Holding Corp. (MCB) Q4 2023 Earnings Call Transcript
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: 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...
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 Bank Holding Corporation (MCB) Q3 2023 Earnings Call Transcript
Metropolitan Bank Holding Corporation (MCB) Q3 2023 Earnings Call Transcript
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...