Metropolitan Bank (NYSE:MCB) Given New $110.00 Price Target at Keefe, Bruyette & Woods

Metropolitan Bank (NYSE:MCB) had its price target lowered by Keefe, Bruyette & Woods from $120.00 to $110.00 in a research note issued to investors on Thursday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

A number of other equities research analysts have also weighed in on the company. Wall Street Zen raised Metropolitan Bank from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. UBS Group began coverage on Metropolitan Bank in a research report on Thursday, April 16th. They set a “neutral” rating and a $97.00 price target on the stock. Finally, Weiss Ratings raised Metropolitan Bank from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $103.50.

Metropolitan Bank Price Performance

Shares of NYSE:MCB opened at $91.05 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1.13 billion, a PE ratio of 11.53 and a beta of 1.00. The company’s fifty day moving average is $94.41 and its 200 day moving average is $89.42. Metropolitan Bank has a 52 week low of $64.66 and a 52 week high of $102.04.

Metropolitan Bank (NYSE:MCB) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.76). Metropolitan Bank had a net margin of 14.31% and a return on equity of 10.72%. The business had revenue of $93.01 million for the quarter, compared to analysts’ expectations of $93.39 million.

Metropolitan Bank Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be issued a $0.35 dividend. This is a boost from Metropolitan Bank’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. Metropolitan Bank’s payout ratio is 12.32%.

Insider Buying and Selling at Metropolitan Bank

In other news, Director Robert C. Patent sold 10,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $96.41, for a total transaction of $964,100.00. Following the completion of the sale, the director directly owned 86,185 shares in the company, valued at approximately $8,309,095.85. This represents a 10.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nick Rosenberg sold 1,807 shares of the firm’s stock in a transaction dated 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 in the company, valued at $2,229,524.84. The trade was a 7.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 19,897 shares of company stock worth $1,874,352. 5.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Metropolitan Bank

Institutional investors and hedge funds have recently bought and sold shares of the business. Emerald Advisers LLC bought a new stake in shares of Metropolitan Bank in the 1st quarter worth approximately $25,000. Royal Bank of Canada raised its holdings in shares of Metropolitan Bank by 70.4% during 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. Quarry LP purchased a new stake in Metropolitan Bank in the third quarter worth $48,000. Kestra Advisory Services LLC purchased a new stake in Metropolitan Bank in the fourth quarter worth $51,000. Finally, Tower Research Capital LLC TRC lifted its stake in Metropolitan Bank by 41.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,670 shares of the company’s stock worth $117,000 after acquiring an additional 490 shares during the period. Hedge funds and other institutional investors own 79.83% of the company’s stock.

Key Headlines Impacting Metropolitan Bank

Here are the key news stories impacting Metropolitan Bank this week:

• Positive Sentiment: Keefe, Bruyette & Woods lowered its price target on Metropolitan Bank Holding Corp. to $110 from $120, but kept an outperform rating, which still implies meaningful upside from current levels. Benzinga
• Positive Sentiment: Management signaled ongoing growth initiatives on the Q2 earnings call, including efforts to expand net interest margin toward 4.20% in 2026 and continue scaling AI and payments-related businesses. Seeking Alpha
• Neutral Sentiment: Several summaries of the Q2 earnings call and presentation highlighted strategic growth themes, suggesting investors are still assessing whether the bank can convert those initiatives into stronger profitability. Seeking Alpha
• Negative Sentiment: Market commentary pointed to the stock falling sharply after Q2 results because investors were disappointed by higher provisioning and elevated operating expenses, overshadowing the bank’s year-over-year growth. The Motley Fool

About Metropolitan Bank

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.