Metropolitan Bank Holding Corp. Stock News

Even after seeing some nice upside, shares of Metropolitan Bank deserve to rise from here. This is in spite of the fact that recent financial performance has been mixed with rising expenses and declining net profits. The company's valuation is relatively low, but its return on assets and equity are not particularly impressive compared to peers.

NEW YORK--(BUSINESS WIRE)---- $MCB #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City announced today that it is recognized as one of America's Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group. Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States, by co...

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Mark DeFazio - President & CEO Daniel Dougherty - EVP & CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Feddie Strickland - Hovde Group Operator Welcome to the Metropolitan Commercial Bank Third Quarter 2024 Earnings Call. Hos...

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 $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024 compared to $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024, and $22.1 million, or $1.97 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 third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 18, 2024, to discuss the results. To access the event...

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank is pleased to announce its recognition as a member of Piper Sandler's Sm-All Stars Class of 2024. This year's class admits 8 new members and welcomes back 22 alumni. The list recognizes 30 companies that outperformed the industry across a variety of...

Metropolitan Bank Holding Corp. saw a 30% share price surge since late June, outperforming the S&P 500's 4.2% increase. The firm achieved strong Q2 performance, with net interest income rising to $60 million, driven by increased interest-earning assets. Despite a decline in deposits and non-interest income, the bank remains attractively priced compared to peers.

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with catalysts.