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NYSE:MCBMetropolitan Bank Stock Price, Forecast & News

$29.44
+1.47 (+5.26 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$27.60
Now: $29.44
$29.72
50-Day Range
$23.49
MA: $29.62
$35.02
52-Week Range
$15.52
Now: $29.44
$51.09
Volume12,500 shs
Average Volume28,100 shs
Market Capitalization$244.06 million
P/E Ratio9.03
Dividend YieldN/A
Beta1.41
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. It offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. The company 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, it offers cash management solutions, such as wire transfers, ACH, and foreign exchange conversion, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. The company was founded in 1999 and is headquartered in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.14 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$140.41 million
Cash Flow$4.09 per share
Book Value$35.95 per share

Profitability

Net Income$29.69 million

Miscellaneous

EmployeesN/A
Market Cap$244.06 million
Next Earnings Date7/22/2020 (Estimated)
OptionableNot Optionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, MCB stock has decreased by 15.9% and is now trading at $29.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Metropolitan Bank?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Metropolitan Bank.

When is Metropolitan Bank's next earnings date?

Metropolitan Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Metropolitan Bank.

How were Metropolitan Bank's earnings last quarter?

Metropolitan Bank Holding Corp (NYSE:MCB) issued its quarterly earnings results on Monday, April, 20th. The company reported $0.47 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.25. The company had revenue of $33.31 million for the quarter, compared to analyst estimates of $31.34 million. Metropolitan Bank had a return on equity of 9.39% and a net margin of 18.29%. View Metropolitan Bank's earnings history.

What price target have analysts set for MCB?

1 equities research analysts have issued twelve-month price targets for Metropolitan Bank's stock. Their forecasts range from $28.50 to $28.50. On average, they expect Metropolitan Bank's stock price to reach $28.50 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts' price targets for Metropolitan Bank.

Has Metropolitan Bank been receiving favorable news coverage?

News headlines about MCB stock have trended neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Metropolitan Bank earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Metropolitan Bank.

Are investors shorting Metropolitan Bank?

Metropolitan Bank saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 38,500 shares, a drop of 24.5% from the June 15th total of 51,000 shares. Based on an average trading volume of 34,000 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the company are sold short. View Metropolitan Bank's Current Options Chain.

Who are some of Metropolitan Bank's key 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), NVIDIA (NVDA), Omega Healthcare Investors (OHI), Southern (SO), Wells Fargo & Co (WFC), Alibaba Group (BABA), Church & Dwight (CHD), Delta Air Lines (DAL), Brinker International (EAT) and Enterprise Products Partners (EPD).

Who are Metropolitan Bank's key executives?

Metropolitan Bank's management team includes the following people:
  • Mr. Mark R. DeFazio, Pres, CEO & Director (Age 56)
  • Mr. Nick R. Rosenberg, Exec. VP & Head of Global Payments (Age 47)
  • Mr. Anthony J. Fabiano, Exec. VP & CFO (Age 59)
  • Mr. Gerard Albert Perri, Exec. VP & COO (Age 63)
  • Mr. Daniel Wong, VP, Controller & Principal Accounting Officer (Age 57)

When did Metropolitan Bank IPO?

(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.

What is Metropolitan Bank's stock symbol?

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

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Metropolitan Bank's stock price today?

One share of MCB stock can currently be purchased for approximately $29.44.

How big of a company is Metropolitan Bank?

Metropolitan Bank has a market capitalization of $244.06 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.

What is Metropolitan Bank's official website?

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

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 7/11/2020 by MarketBeat.com Staff

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