Metropolitan Bank Holding Corp. (MCB)

Market Cap	662.56M
Revenue (ttm)	258.17M
Net Income (ttm)	59.76M
Shares Out	11.20M
EPS (ttm)	5.34
PE Ratio	11.08
Forward PE	8.91
Dividend	n/a
Ex-Dividend Date	n/a

Volume	104,756
Open	57.84
Previous Close	58.48
Day's Range	57.53 - 60.27
52-Week Range	32.46 - 69.56
Beta	1.16
Analysts	Buy
Price Target	71.00 (+19.99%)
Earnings Date	Jan 16, 2025

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-...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Nov 8, 2017
• Employees: 277
• Stock Exchange: NYSE
• Ticker Symbol: MCB
• Website: https://www.mcbankny.com

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%.

Analyst Forecast

According to 4 analysts, the average rating for MCB stock is "Buy." The 12-month stock price forecast is $71.0, which is an increase of 19.99% from the latest price.

Price Target

$71.0

(19.99% upside)

Analyst Consensus: Buy