Metropolitan Bank Stock Forecast, Price & News

Metropolitan Bank (NYSE:MCB) Frequently Asked Questions

How has Metropolitan Bank's stock been impacted by COVID-19 (Coronavirus)?

Metropolitan Bank's stock was trading at $34.99 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MCB shares have increased by 171.3% and is now trading at $94.93.
View which stocks have been most impacted by COVID-19.

Are investors shorting Metropolitan Bank?

Metropolitan Bank saw a increase in short interest in November. As of November 15th, there was short interest totaling 537,400 shares, an increase of 68.0% from the October 31st total of 319,900 shares. Based on an average daily trading volume, of 97,300 shares, the days-to-cover ratio is currently 5.5 days.
View Metropolitan Bank's Short Interest.

When is Metropolitan Bank's next earnings date?

Metropolitan Bank is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
View our earnings forecast for Metropolitan Bank.

How were Metropolitan Bank's earnings last quarter?

Metropolitan Bank Holding Corp. (NYSE:MCB) released its earnings results on Thursday, October, 21st. The company reported $1.77 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.57 by $0.20. The business had revenue of $46.68 million for the quarter, compared to analyst estimates of $44.95 million. Metropolitan Bank had a net margin of 29.52% and a trailing twelve-month return on equity of 13.40%.
View Metropolitan Bank's earnings history.

What price target have analysts set for MCB?

0 analysts have issued 1-year target prices for Metropolitan Bank's stock. Their forecasts range from $50.00 to $50.00. On average, they anticipate Metropolitan Bank's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 47.3%.
View analysts' price targets for Metropolitan Bank or view top-rated stocks among Wall Street analysts.

Who are Metropolitan Bank's key executives?

Metropolitan Bank's management team includes the following people:

• Mark R. DeFazio, President, Chief Executive Officer & Director
• Dixiana M. Berrios, Chief Operating Officer & Executive VP
• Gregory A. Sigrist, Chief Financial Officer & Executive Vice President
• Nick R. Rosenberg, Executive Vice President & Head-Global Payments
• Michael A. Guarino, Executive Vice President & Legal Counsel

Who are some of Metropolitan Bank's key competitors?

Some companies that are related to Metropolitan Bank include Home Bancshares, Inc. (Conway, AR) (HOMB), Live Oak Bancshares (LOB), Investors Bancorp (ISBC), Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), First Hawaiian (FHB), Associated Banc (ASB), Cathay General Bancorp (CATY), Bank of Hawaii (BOH), Triumph Bancorp (TBK), Cadence Bancorporation (CADE), United Community Banks (UCBI), Independent Bank Group (IBTX), Texas Capital Bancshares (TCBI) and First BanCorp. (FBP).
View all of MCB's competitors.

What other stocks do shareholders of Metropolitan Bank own?

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), Southern (SO), Wells Fargo & Company (WFC), Preferred Apartment Communities (APTS), BCE (BCE), Coca-Cola Europacific Partners (CCEP), Cognex (CGNX) and Church & Dwight (CHD).

When did Metropolitan Bank IPO?

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

What is Metropolitan Bank's stock symbol?

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

Who are Metropolitan Bank's major shareholders?

Metropolitan Bank's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.98%), Jennison Associates LLC (2.20%), Dimensional Fund Advisors LP (1.55%), Banc Funds Co. LLC (1.53%), Voya Investment Management LLC (1.53%) and FJ Capital Management LLC (1.43%). Company insiders that own Metropolitan Bank stock include David J Gold, 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.

Which institutional investors are selling Metropolitan Bank stock?

MCB stock was sold by a variety of institutional investors in the last quarter, including Verition Fund Management LLC, Wedge Capital Management L L P NC, California State Teachers Retirement System, Connor Clark & Lunn Investment Management Ltd., EAM Investors LLC, Comerica Bank, New York State Common Retirement Fund, and Los Angeles Capital Management LLC. 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.

Which institutional investors are buying Metropolitan Bank stock?

MCB stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Voya Investment Management LLC, FJ Capital Management LLC, Wellington Management Group LLP, Maltese Capital Management LLC, Mendon Capital Advisors Corp, Two Sigma Investments LP, and Two Sigma Advisers LP. Company insiders that have bought Metropolitan Bank stock in the last two years include David J Gold, David M Gavrin, Gerard A Perri, Greg Sigrist, Harvey Gutman, and Mark R Defazio.
View insider buying and selling activity for Metropolitan Bank or or view top insider-buying stocks.

How do I buy shares of Metropolitan Bank?

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.
Compare Top Brokerages Here.

What is Metropolitan Bank's stock price today?

One share of MCB stock can currently be purchased for approximately $94.93.

How much money does Metropolitan Bank make?

Metropolitan Bank has a market capitalization of $1.01 billion and generates $160.10 million in revenue each year. The company earns $39.12 million in net income (profit) each year or $6.14 on an earnings per share basis.

How many employees does Metropolitan Bank have?

Metropolitan Bank employs 189 workers across the globe.

What is Metropolitan Bank's official website?

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

Where are Metropolitan Bank's headquarters?

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

How can I contact Metropolitan Bank?

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].