Metropolitan Bank (MCB) Projected to Announce Quarterly Earnings on Tuesday

Metropolitan Bank (NYSE:MCBGet Free Report) is anticipated to announce its Q2 2026 results after the market closes on Tuesday, July 21st. Analysts expect the company to post earnings of $2.27 per share and revenue of $93.3940 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 22, 2026 at 9:00 AM ET.

Metropolitan Bank (NYSE:MCBGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.73. The company had revenue of $88.49 million during the quarter, compared to analysts’ expectations of $87.33 million. Metropolitan Bank had a return on equity of 10.95% and a net margin of 15.89%.

Metropolitan Bank Stock Down 2.8%

Shares of MCB stock opened at $98.48 on Friday. Metropolitan Bank has a twelve month low of $64.66 and a twelve month high of $102.04. The stock has a market cap of $1.22 billion, a P/E ratio of 12.13 and a beta of 1.00. The stock has a 50 day moving average of $93.84 and a 200 day moving average of $88.83. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02.

Metropolitan Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 12th. Stockholders of record on Friday, May 1st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change from Metropolitan Bank’s previous quarterly dividend of $0.20. Metropolitan Bank’s dividend payout ratio is 12.32%.

Insiders Place Their Bets

In other Metropolitan Bank news, EVP Nick Rosenberg sold 1,807 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $100.42, for a total value of $181,458.94. Following the completion of the sale, the executive vice president directly owned 22,202 shares of the company’s stock, valued at $2,229,524.84. This trade represents a 7.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Harvey Gutman sold 3,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $89.58, for a total transaction of $268,740.00. Following the transaction, the director directly owned 18,243 shares in the company, valued at approximately $1,634,207.94. The trade was a 14.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 19,897 shares of company stock valued at $1,874,352 in the last three months. 5.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Metropolitan Bank

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Metropolitan Bank by 70.4% in the fourth quarter. Royal Bank of Canada now owns 346 shares of the company’s stock valued at $27,000 after acquiring an additional 143 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in Metropolitan Bank by 0.3% during the 3rd quarter. Bridgeway Capital Management LLC now owns 69,851 shares of the company’s stock worth $5,226,000 after acquiring an additional 182 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Metropolitan Bank by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,257 shares of the company’s stock worth $350,000 after acquiring an additional 237 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Metropolitan Bank by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 5,671 shares of the company’s stock valued at $396,000 after purchasing an additional 407 shares during the last quarter. Finally, Mariner LLC increased its position in shares of Metropolitan Bank by 8.2% in the 4th quarter. Mariner LLC now owns 6,315 shares of the company’s stock valued at $482,000 after purchasing an additional 478 shares during the last quarter. 79.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MCB. UBS Group assumed coverage on shares of Metropolitan Bank in a report on Thursday, April 16th. They set a “neutral” rating and a $97.00 target price for the company. Weiss Ratings raised shares of Metropolitan Bank from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of Metropolitan Bank from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Finally, Keefe, Bruyette & Woods lifted their price target on Metropolitan Bank from $105.00 to $109.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $103.00.

Read Our Latest Analysis on Metropolitan Bank

Metropolitan Bank Company Profile

(Get Free Report)

Metropolitan Bank (NYSE:MCB), through its principal subsidiary Metropolitan Commercial Bank, operates as a New York–based regional financial institution providing a range of commercial and consumer banking services. The company offers deposit products including checking, savings and money market accounts, as well as business and personal certificates of deposit. On the lending side, Metropolitan Bank extends commercial real estate financing, equipment loans, working capital lines of credit and consumer installment loans tailored to the needs of small- and medium-sized enterprises and individual customers.

In addition to traditional deposit and lending services, Metropolitan Bank provides specialized treasury and cash-management solutions, foreign exchange services and letters of credit for both domestic businesses and multinational clients.

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Earnings History for Metropolitan Bank (NYSE:MCB)

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