Metropolitan Bank Holding Corp. Stock News

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...

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 $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024 compared to $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024, and $14.6 million, or $1.28 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 fourth quarter and full year 2024 financial results after the market closes on Thursday, January 23, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 24, 2025, to discuss the results. To a...

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...