NYSE:MCB

Metropolitan Bank Stock Forecast, Price & News

$64.00
+0.67 (+1.06 %)
(As of 05/7/2021 04:15 PM ET)
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Today's Range
$62.64
$64.03
50-Day Range
$48.78
$63.57
52-Week Range
$20.07
$64.03
Volume26,569 shs
Average Volume63,163 shs
Market Capitalization$534.08 million
P/E Ratio15.20
Dividend YieldN/A
Beta1.27
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-659-0600
Employees189
Year FoundedN/A

Sales & Book Value

Annual Sales$140.41 million
Cash Flow$6.52 per share
Book Value$35.95 per share

Profitability

Net Income$29.69 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$534.08 million
Next Earnings Date7/28/2021 (Estimated)
OptionableNot Optionable

Headlines

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Metropolitan Bank logo

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. The company offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It also provides lending products, including commercial, construction, multifamily, and one-to four-family real estate loans; commercial and industrial loans; trade finance and letters of credit, term loans, and working capital lines of credit; commercial mortgages; and consumer loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. As of January 21, 2021, it operated six locations in Manhattan and Brooklyn, as well as Great Neck, Long Island. The company was founded in 1999 and is headquartered in New York, New York.

MarketRank

Overall MarketRank

1.24 out of 5 stars

Finance Sector

860th out of 1,952 stocks

State Commercial Banks Industry

176th out of 310 stocks

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Metropolitan Bank (NYSE:MCB) Frequently Asked Questions

Is Metropolitan Bank a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Metropolitan Bank stock.
View analyst ratings for Metropolitan Bank
or view top-rated stocks.

What stocks does MarketBeat like better than Metropolitan Bank?

Wall Street analysts have given Metropolitan Bank a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Metropolitan Bank wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Metropolitan Bank?

Metropolitan Bank saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 82,400 shares, an increase of 21.5% from the March 31st total of 67,800 shares. Based on an average daily trading volume, of 68,800 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the shares of the company are sold short.
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 Wednesday, July 28th 2021.
View our earnings forecast for Metropolitan Bank
.

How were Metropolitan Bank's earnings last quarter?

Metropolitan Bank Holding Corp. (NYSE:MCB) announced its quarterly earnings data on Thursday, April, 22nd. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.13. The company earned $39.02 million during the quarter, compared to analyst estimates of $37.36 million. Metropolitan Bank had a net margin of 22.33% and a trailing twelve-month return on equity of 11.35%.
View Metropolitan Bank's earnings history
.

How has Metropolitan Bank's stock price 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 82.9% and is now trading at $64.00.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MCB?

1 equities research analysts have issued 1 year price objectives for Metropolitan Bank's stock. Their forecasts range from $40.00 to $50.00. On average, they expect Metropolitan Bank's stock price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 29.7%.
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:
  • Mr. Mark R. DeFazio, Pres, CEO & Director (Age 58, Pay $1.26M)
  • Mr. Nick R. Rosenberg, Exec. VP & Head of Global Payments (Age 49, Pay $622.71k)
  • Mr. Gregory A. Sigrist CPA, Exec. VP & CFO (Age 53)
  • Ms. Dixiana M. Berrios, Exec. VP & COO (Age 49)
  • Mr. Daniel Wong, VP, Controller & Principal Accounting Officer (Age 60)
  • Mr. Michael L. Giorgio, Sr. VP & CTO
  • Mr. Edward Nebb, Investor Relations Contact
  • Mr. Michael A. Guarino, Exec. VP & Legal Counsel (Age 68)
  • Ms. Laura Capra, Exec. VP & Head of Retail Banking (Age 53)
  • Mr. Imran Riaz, Sr. VP & Chief Credit Risk Officer (Age 59)

Who are some of Metropolitan Bank's key competitors?

What other stocks do shareholders of Metropolitan Bank own?

When did Metropolitan Bank IPO?

(MCB) raised $101 million in an initial public offering 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.

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 investors include Wedge Capital Management L L P NC (1.57%), Roubaix Capital LLC (0.78%), Comerica Bank (0.52%), Los Angeles Capital Management LLC (0.28%), Toth Financial Advisory Corp (0.11%) and Alliancebernstein L.P. (0.11%). Company insiders that own Metropolitan Bank stock include David M Gavrin, Gerard A Perri, Harvey Gutman, Mark R Defazio, Michael A Guarino 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 Israel Discount Bank of New York, and Alliancebernstein L.P.. Company insiders that have sold Metropolitan Bank company stock in the last year include Harvey Gutman, Mark R Defazio, 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 bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Roubaix Capital LLC, Comerica Bank, Los Angeles Capital Management LLC, Toth Financial Advisory Corp, IndexIQ Advisors LLC, Alps Advisors Inc., and Joel Isaacson & Co. LLC. Company insiders that have bought Metropolitan Bank stock in the last two years include David M Gavrin, Gerard A Perri, and Harvey Gutman.
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 $64.00.

How much money does Metropolitan Bank make?

Metropolitan Bank has a market capitalization of $534.08 million and generates $140.41 million in revenue each year. The company earns $29.69 million in net income (profit) each year or $3.56 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]


This page was last updated on 5/7/2021 by MarketBeat.com Staff
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