Metropolitan Bank Stock Forecast, Price & News

Wall Street analysts have given Metropolitan Bank a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Metropolitan Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Metropolitan Bank is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Metropolitan Bank.

Metropolitan Bank Holding Corp. (NYSE:MCB) released its earnings results on Tuesday, July, 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.41 by $0.14. The company had revenue of $43.13 million for the quarter, compared to analyst estimates of $40.02 million. Metropolitan Bank had a net margin of 28.29% and a trailing twelve-month return on equity of 13.90%.
View Metropolitan Bank's earnings history.

Metropolitan Bank's stock was trading at $34.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MCB stock has increased by 126.7% and is now trading at $79.31.
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0 brokers have issued 1 year price objectives for Metropolitan Bank's shares. Their forecasts range from $50.00 to $50.00. On average, they expect Metropolitan Bank's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 37.0%.
View analysts' price targets for Metropolitan Bank or view top-rated stocks among Wall Street analysts.

Some companies that are related to Metropolitan Bank include Atlantic Union Bankshares (AUB), CVB Financial (CVBF), Hilltop (HTH), International Bancshares (IBOC), First BanCorp. (FBP), United Community Banks (UCBI), Live Oak Bancshares (LOB), Columbia Banking System (COLB), First Interstate BancSystem (FIBK), Independent Bank (INDB), Triumph Bancorp (TBK), TowneBank (TOWN), FB Financial (FBK), Heartland Financial USA (HTLF) and Renasant (RNST).
View all of MCB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Metropolitan Bank investors own include Enbridge (ENB), Omega Healthcare Investors (OHI), Royal Bank of Canada (RY), The Southern (SO), Wells Fargo & Company (WFC), Preferred Apartment Communities (APTS), BCE (BCE), Coca-Cola Europacific Partners (CCEP), Cognex (CGNX) and Church & Dwight (CHD).

(MCB) raised $101 million in an IPO on Wednesday, November 8th 2017. The company issued 3,100,000 shares at $31.00-$34.00 per share. J.P Morgan and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray was co-manager.

Metropolitan Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCB."

Metropolitan Bank's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.28%), EJF Capital LLC (5.46%), Basswood Capital Management L.L.C. (4.92%), Patriot Financial Partners GP LP (4.60%), Vanguard Group Inc. (4.36%) and Kennedy Capital Management Inc. (2.59%). Company insiders that own Metropolitan Bank stock include David M Gavrin, Gerard A Perri, Greg Sigrist, Harvey Gutman, Mark R Defazio, Michael A Guarino, Michele A Peppers, Nick Rosenberg and Robert C Patent.
View institutional ownership trends for Metropolitan Bank.

MCB stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., BlackRock Inc., Comerica Bank, Vanguard Group Inc., California Public Employees Retirement System, Banc Funds Co. LLC, Roubaix Capital LLC, and Goldman Sachs Group Inc.. Company insiders that have sold Metropolitan Bank company stock in the last year include Harvey Gutman, Mark R Defazio, Michele A Peppers, Nick Rosenberg, and Robert C Patent.
View insider buying and selling activity for Metropolitan Bank or view top insider-selling stocks.

MCB stock was acquired by a variety of institutional investors in the last quarter, including Patriot Financial Partners GP LP, JPMorgan Chase & Co., Emerald Mutual Fund Advisers Trust, Point72 Asset Management L.P., EAM Investors LLC, EJF Capital LLC, Knights of Columbus Asset Advisors LLC, and EAM Global Investors LLC. Company insiders that have bought Metropolitan Bank stock in the last two years include David M Gavrin, Gerard A Perri, Greg Sigrist, and Harvey Gutman.
View insider buying and selling activity for Metropolitan Bank or or view top insider-buying stocks.

Shares of MCB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MCB stock can currently be purchased for approximately $79.31.

Metropolitan Bank has a market capitalization of $661.76 million and generates $160.10 million in revenue each year. The company earns $39.12 million in net income (profit) each year or $4.66 on an earnings per share basis.

Metropolitan Bank employs 189 workers across the globe.

The official website for Metropolitan Bank is www.metropolitanbankny.com.

Metropolitan Bank is headquartered at 99 PARK AVENUE, NEW YORK NY, 10016.

Metropolitan Bank's mailing address is 99 PARK AVENUE, NEW YORK NY, 10016. The company can be reached via phone at (212) 659-0600 or via email at [email protected]