S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
NYSE:MCB

Metropolitan Bank (MCB) Stock Price, News & Analysis

$38.50
+0.45 (+1.18%)
(As of 03/28/2024 ET)
Today's Range
$37.82
$38.57
50-Day Range
$36.10
$53.04
52-Week Range
$15.75
$57.15
Volume
174,235 shs
Average Volume
112,436 shs
Market Capitalization
$426.97 million
P/E Ratio
5.60
Dividend Yield
N/A
Price Target
$57.75

Metropolitan Bank MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.0% Upside
$57.75 Price Target
Short Interest
Bearish
5.53% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
23.10%
From $5.93 to $7.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.20 out of 5 stars

Finance Sector

466th out of 868 stocks

State Commercial Banks Industry

109th out of 181 stocks

MCB stock logo

About Metropolitan Bank Stock (NYSE: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-family real estate loans; commercial and industrial loans; consumer loans; acquisition and renovation loans; loans to refinance or return borrower equity; loans on owner-occupied properties; working capital lines of credit; trade finance and letters of credit; and term loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit cards. The company was formerly known as Metbank Holding Corp. and changed its name to Metropolitan Bank Holding Corp. in January 2007. Metropolitan Bank Holding Corp. was incorporated in 1997 and is headquartered in New York, New York.

MCB Stock Price History

MCB Stock News Headlines

A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
MCB Apr 2024 20.000 put
MCB Apr 2024 50.000 call
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Metropolitan Commercial Bank exits BaaS
Metropolitan Bank Holding Corp.
MCB Sep 2024 70.000 call
MCB Mar 2024 17.500 put
TrustBIX Inc. Announces Closing of Private Placement
Metropolitan Bank Holding (MCB)
Q4 2023 Metropolitan Bank Holding Corp Earnings Call
See More Headlines
Receive MCB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Metropolitan Bank and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/18/2024
Today
3/29/2024
Next Earnings (Estimated)
4/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Fax
N/A
Employees
275
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$57.75
High Stock Price Target
$66.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+50.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$76.90 million
Pretax Margin
26.51%

Debt

Sales & Book Value

Annual Sales
$403.31 million
Cash Flow
$7.33 per share
Book Value
$59.57 per share

Miscellaneous

Free Float
10,258,000
Market Cap
$426.97 million
Optionable
Not Optionable
Beta
1.18

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

  • Mr. Mark R. DeFazioMr. Mark R. DeFazio (Age 61)
    President, CEO & Director
    Comp: $1.51M
  • Mr. Scott Lublin (Age 57)
    Executive VP & Chief Lending Officer
    Comp: $660.32k
  • Mr. Daniel F. Dougherty CFA
    Executive VP & CFO
  • Ms. Dixiana M. Berrios (Age 51)
    Executive VP & COO
  • Gerald David Bonnar
    Senior VP, Controller, CAO & PAO
  • Mr. Frederik F. Erikson
    Executive VP & General Counsel
  • Mr. Michael A. Guarino (Age 71)
    Senior VP & Senior Counsel
  • Mr. Ram Puppala (Age 54)
    Senior VP & Chief Digital Officer
  • Mr. Norman Scott (Age 53)
    Senior VP & Chief Credit Officer
  • Michele M. Weber
    Corporate Secretary

MCB Stock Analysis - Frequently Asked Questions

Should I buy or sell Metropolitan Bank stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MCB shares.
View MCB analyst ratings
or view top-rated stocks.

What is Metropolitan Bank's stock price target for 2024?

4 Wall Street analysts have issued 1 year price targets for Metropolitan Bank's shares. Their MCB share price targets range from $50.00 to $66.00. On average, they anticipate the company's share price to reach $57.75 in the next year. This suggests a possible upside of 50.0% from the stock's current price.
View analysts price targets for MCB
or view top-rated stocks among Wall Street analysts.

How have MCB shares performed in 2024?

Metropolitan Bank's stock was trading at $55.38 at the beginning of the year. Since then, MCB shares have decreased by 30.5% and is now trading at $38.50.
View the best growth stocks for 2024 here
.

Are investors shorting Metropolitan Bank?

Metropolitan Bank saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 567,500 shares, an increase of 23.6% from the January 31st total of 459,000 shares. Based on an average daily volume of 113,500 shares, the days-to-cover ratio is currently 5.0 days.
View Metropolitan Bank's Short Interest
.

When is Metropolitan Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 16th 2024.
View our MCB earnings forecast
.

How were Metropolitan Bank's earnings last quarter?

Metropolitan Bank Holding Corp. (NYSE:MCB) posted its quarterly earnings results on Thursday, January, 18th. The company reported $1.28 EPS for the quarter, missing analysts' consensus estimates of $1.51 by $0.23. The company earned $63.56 million during the quarter, compared to the consensus estimate of $60.96 million. Metropolitan Bank had a trailing twelve-month return on equity of 12.25% and a net margin of 19.16%.

What ETFs hold Metropolitan Bank's stock?

ETFs with the largest weight of Metropolitan Bank (NYSE:MCB) stock in their portfolio include Global X MSCI Pakistan ETF (PAK) and Invesco Dorsey Wright Financial Momentum ETF (PFI).IQ Chaikin U.S. Small Cap ETF (CSML).

What other stocks do shareholders of Metropolitan Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Metropolitan Bank investors own include Enbridge (ENB), Omega Healthcare Investors (OHI), Royal Bank of Canada (RY), Southern (SO), Wells Fargo & Company (WFC), Preferred Apartment Communities (APTS), BCE (BCE), Cognex (CGNX) and Church & Dwight (CHD).

When did Metropolitan Bank IPO?

Metropolitan Bank (MCB) raised $101 million in an IPO on Wednesday, November 8th 2017. The company issued 3,100,000 shares at a price of $31.00-$34.00 per share. J.P Morgan and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray was co-manager.

Who are Metropolitan Bank's major shareholders?

Metropolitan Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.44%), Vanguard Group Inc. (5.42%), Pacific Ridge Capital Partners LLC (2.38%), Dimensional Fund Advisors LP (2.15%), Banc Funds Co. LLC (2.13%) and Nuveen Asset Management LLC (1.58%). Insiders that own company stock include David J Gold, Greg Sigrist, Harvey Gutman, Maria F Ramirez, Mark R Defazio, Michele A Peppers, Nick Rosenberg and Scott Lublin.
View institutional ownership trends
.

How do I buy shares of Metropolitan Bank?

Shares of MCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MCB) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners