Metropolitan Bank (MCB) Expected to Announce Earnings on Thursday

Metropolitan Bank (NYSE:MCB - Get Free Report) is expected 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 posted its earnings results on Monday, April 21st. The company reported $1.45 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.16). Metropolitan Bank had a return on equity of 10.53% and a net margin of 13.49%. The firm had revenue of $70.59 million for the quarter, compared to the consensus estimate of $67.62 million. During the same period in the prior 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

Metropolitan Bank stock opened at $73.85 on Thursday. Metropolitan Bank has a 52 week low of $40.21 and a 52 week high of $75.60. The company's 50 day moving average price is $66.69 and its two-hundred day moving average price is $61.09. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. The stock has a market cap of $787.24 million, a P/E ratio of 12.50 and a beta of 1.08.

Analysts Set New Price Targets

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

Insider Activity at Metropolitan Bank

In related news, Director Robert C. Patent sold 2,000 shares of Metropolitan Bank stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $65.61, for a total value of $131,220.00. Following the completion of the transaction, the director directly owned 79,183 shares in the company, valued at approximately $5,195,196.63. The trade was a 2.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mark R. Defazio sold 23,114 shares of Metropolitan Bank stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $65.43, for a total transaction of $1,512,349.02. Following the completion of the transaction, the chief executive officer owned 94,185 shares of the company's stock, valued at $6,162,524.55. This represents a 19.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 61,450 shares of company stock worth $4,005,911 over the last 90 days. Corporate insiders own 6.09% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake 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 buying an additional 778 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 buying an additional 237 shares during the period. Finally, Empowered Funds LLC boosted its stake 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 buying an additional 2,126 shares during the period. 79.83% of the stock is currently owned by hedge funds and other institutional investors.

About Metropolitan Bank

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.

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