Metropolitan Bank Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" Metropolitan Bank stock.
View analyst ratings for Metropolitan Bank or view top-rated stocks.

Wall Street analysts have given Metropolitan Bank a "Buy" 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 saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 159,600 shares, an increase of 47.6% from the April 29th total of 108,100 shares. Based on an average daily trading volume, of 57,700 shares, the short-interest ratio is currently 2.8 days. Approximately 2.1% of the shares of the company are short sold.
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Metropolitan Bank is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Metropolitan Bank.

Metropolitan Bank Holding Corp. (NYSE:MCB) posted its quarterly earnings data on Thursday, April, 22nd. The company reported $1.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.13. The firm earned $39.02 million during the quarter, compared to analysts' expectations of $37.36 million. Metropolitan Bank had a trailing twelve-month return on equity of 13.63% and a net margin of 28.01%.
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. Since then, MCB shares have increased by 82.0% and is now trading at $63.68.
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1 equities research analysts have issued 12 month price objectives for Metropolitan Bank's stock. Their forecasts range from $40.00 to $50.00. On average, they expect Metropolitan Bank's share price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 29.3%.
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 Heartland Financial USA (HTLF), Banner (BANR), Seacoast Banking Co. of Florida (SBCF), Triumph Bancorp (TBK), FB Financial (FBK), Great Western Bancorp (GWB), Eagle Bancorp (EGBN), Veritex (VBTX), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), First Busey (BUSE), TriCo Bancshares (TCBK), Southside Bancshares (SBSI), Customers Bancorp (CUBI) and S&T Bancorp (STBA).
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 initial public offering 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.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.53%), EJF Capital LLC (5.10%), Patriot Financial Partners GP LP (4.07%), Kennedy Capital Management Inc. (2.51%), Pacific Ridge Capital Partners LLC (2.32%) and Dimensional Fund Advisors LP (1.69%). 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.

MCB stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Israel Discount Bank of New York, Northern Trust Corp, BHZ Capital Management LP, Morgan Stanley, Alliancebernstein L.P., and Ameriprise Financial Inc.. 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.

MCB stock was bought by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Wedge Capital Management L L P NC, Roubaix Capital LLC, EJF Capital LLC, BlackRock Inc., M3F Inc., Comerica Bank, and Pacific Ridge Capital Partners 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.

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 $63.68.

Metropolitan Bank has a market capitalization of $531.09 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]