Metropolitan Bank Holding Corp. Stock News

Metropolitan Bank continues to grow its balance sheet, with rising deposits and loans, while maintaining manageable uninsured deposit levels. Despite mixed income results and asset quality below my ideal, the bank's valuation remains attractive versus peers, especially on price-to-book metrics. The company has exited riskier digital payments and crypto-related businesses, stabilizing its non-in...

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (“Company”), the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”), announced that the capital plan recently approved by its board of directors contemplates the declaration of a quarterly cash dividend on the Company's common stock as early as the third quarter of 2025, subject to approval by t...

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q1 2025 Earnings Conference Call April 22, 2025 9:00 AM ET Company Participants Mark DeFazio - President and Chief Executive Officer Daniel Dougherty - Executive Vice President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Ynyra Bohan - Hovde Group Chris O'Connell - KBW Operator Welcome to the Metropolitan Co...

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 $16.4 million, or $1.45 per diluted common share, for the first quarter of 2025 compared to $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024, and $16.2 million, or $1.46 per diluted commo...

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 2025 financial results after the market closes on Monday, April 21, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Tuesday, April 22, 2025, to discuss the results. To access the event by t...

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (“Company”) the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”) is pleased to announce that its board of directors has approved a share repurchase plan with authorization to purchase up to fifty million dollars ($50,000,000) of the common stock of the Company (NYSE: MCB). The purpose of the s...

Metropolitan Bank Holding Corp. remains solid with stable margins despite recent toppish growth, supported by prudent loan origination and diversification, especially in the CRE market. MCB maintains decent liquidity and capital adequacy, ensuring it can cover risks and crises, with a CET1 Ratio of 12% and total capital ratio of 13.3%. The stock is underpriced, trading at 0.9x book value, offer...

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q4 2024 Results Conference Call January 24, 2025 9:00 AM ET Company Participants Mark DeFazio - President & CEO Daniel Dougherty - EVP & CFO Conference Call Participants Chris O'Connell - KBW Mark Fitzgibbon - Piper Sandler Feddie Strickland - Hovde Group Operator Welcome to Metropolitan Commercial Bank's Fourth Quarter and Full Year 2024 Earnings Cal...