Metropolitan Bank (MCB) Expected to Announce Quarterly Earnings on Thursday

Metropolitan Bank (NYSE:MCB - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Metropolitan Bank to post earnings of $1.62 per share and revenue of $72.50 million for the quarter.

Metropolitan Bank (NYSE:MCB - Get Free Report) last released its quarterly earnings results on Monday, April 21st. The company reported $1.45 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.16). Metropolitan Bank had a net margin of 13.49% and a return on equity of 10.53%. The business had revenue of $70.59 million during the quarter, compared to analysts' expectations of $67.62 million. During the same period in the previous year, the business earned $1.46 EPS. On average, analysts expect Metropolitan Bank to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Metropolitan Bank Price Performance

Shares of NYSE:MCB traded down $0.02 on Friday, hitting $73.73. The company's stock had a trading volume of 12,616 shares, compared to its average volume of 93,416. The company has a 50-day simple moving average of $66.92 and a 200 day simple moving average of $61.19. Metropolitan Bank has a 1 year low of $40.21 and a 1 year high of $75.60. The company has a market capitalization of $785.96 million, a PE ratio of 12.48 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98.

Insider Buying and Selling at Metropolitan Bank

In other news, COO Dixiana M. Berrios sold 6,250 shares of the business's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $64.00, for a total value of $400,000.00. Following the completion of the transaction, the chief operating officer owned 13,606 shares in the company, valued at $870,784. The trade was a 31.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Scott Lublin sold 5,000 shares of the business's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $65.03, for a total value of $325,150.00. Following the completion of the transaction, the executive vice president owned 51,179 shares of the company's stock, valued at $3,328,170.37. This represents a 8.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 61,450 shares of company stock valued at $4,005,911 in the last ninety days. Corporate insiders own 6.09% of the company's stock.

Institutional Trading of Metropolitan Bank

Several large investors have recently modified their holdings of MCB. Royal Bank of Canada grew its holdings in Metropolitan Bank by 11.7% during the first quarter. Royal Bank of Canada now owns 7,429 shares of the company's stock valued at $416,000 after purchasing an additional 778 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Metropolitan Bank by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,257 shares of the company's stock valued at $350,000 after purchasing an additional 237 shares during the period. Finally, Empowered Funds LLC grew its holdings in Metropolitan Bank by 5.3% during the first quarter. Empowered Funds LLC now owns 42,268 shares of the company's stock valued at $2,367,000 after purchasing an additional 2,126 shares during the period. Institutional investors own 79.83% of the company's stock.

Analysts Set New Price Targets

Separately, Hovde Group raised their price target on Metropolitan Bank from $75.00 to $79.00 and gave the stock an "outperform" rating in a research report on Monday, June 16th.

Metropolitan Bank Company Profile

Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area.