Metropolitan Bank Holding Corp. (MCB)

NYSE: MCB · IEX Real-Time Price · USD
39.06
+5.96 (18.01%)
Apr 19, 2024, 4:00 PM EDT - Market closed
18.01%
Market Cap 433.18M
Revenue (ttm) 238.46M
Net Income (ttm) 77.27M
Shares Out 11.09M
EPS (ttm) 6.91
PE Ratio 5.65
Forward PE 6.34
Dividend n/a
Ex-Dividend Date n/a
Volume 303,449
Open 35.17
Previous Close 33.10
Day's Range 35.17 - 40.11
52-Week Range 15.75 - 57.15
Beta 1.17
Analysts Buy
Price Target 55.00 (+40.81%)
Earnings Date Apr 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]

Sector Financials
IPO Date Nov 8, 2017
Employees 275
Stock Exchange NYSE
Ticker Symbol MCB
Full Company Profile

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 Statements

Analyst 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 40.81% from the latest price.

Price Target
$55.0
(40.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

14 days ago - Business Wire

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...

5 weeks ago - PRNewsWire

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...

3 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...

3 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

6 months 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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

11 months ago - PRNewsWire

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 ...

11 months ago - Accesswire

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 ...

11 months ago - Accesswire

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 ...

11 months ago - Accesswire

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 ...

1 year ago - Accesswire

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 ...

1 year ago - Accesswire

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 ...

1 year ago - Accesswire

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...

1 year ago - PRNewsWire

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.

Other symbols: KRE
1 year ago - Market Watch

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...

1 year ago - PRNewsWire

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...

Other symbols: JPMKREWALZION
1 year ago - Market Watch

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.

1 year ago - CNBC Television

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.

Other symbols: FHNWALZION
1 year ago - WSJ

First Republic Bank's collapse reignites banking industry fears

Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the decline in regional bank stocks.

Other symbols: TFCUSBWAL
1 year ago - Yahoo Finance