NYSE:MCB - Metropolitan Bank Stock Price, Forecast & News

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

Metropolitan Bank Holding Corp (NYSE:MCB) announced its quarterly earnings results on Wednesday, January, 22nd. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.06. The company had revenue of $30.90 million for the quarter, compared to the consensus estimate of $29.49 million. Metropolitan Bank had a return on equity of 10.68% and a net margin of 21.46%. View Metropolitan Bank's Earnings History.

Metropolitan Bank is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Metropolitan Bank.

News coverage about MCB stock has trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Metropolitan Bank earned a media sentiment score of -3.7 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Metropolitan Bank.

Metropolitan Bank saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 29,300 shares, an increase of 18.6% from the January 15th total of 24,700 shares. Based on an average trading volume of 20,500 shares, the short-interest ratio is presently 1.4 days. Approximately 0.4% of the company's shares are sold short. View Metropolitan Bank's Current Options Chain.

Some companies that are related to Metropolitan Bank include Eagle Bancorp (EGBN), Veritex (VBTX), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), S & T Bancorp (STBA), Southside Bancshares (SBSI), 1st Source (SRCE), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), FB Financial (FBK), First Bancorp (FBNC), OFG Bancorp (OFG), Triumph Bancorp (TBK) and Boston Private Financial (BPFH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Metropolitan Bank investors own include NVIDIA (NVDA), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Shaw Communications (SJR), Verizon Communications (VZ), Alphabet (GOOG), Micron Technology (MU), Netflix (NFLX) and Alibaba Group (BABA).

(MCB) raised $101 million in an initial public offering (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's stock is owned by a number of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (4.41%), EJF Capital LLC (3.28%), Banc Funds Co. LLC (2.24%), Pacific Ridge Capital Partners LLC (1.87%), State Street Corp (1.45%) and Renaissance Technologies LLC (1.26%). Company insiders that own Metropolitan Bank stock include Anthony J Fabiano, Gerard A Perri, Mark R Defazio and Michael A Guarino. View Institutional Ownership Trends for Metropolitan Bank.

MCB stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, Bank of America Corp DE, Panagora Asset Management Inc., Barclays PLC, Franklin Resources Inc., Symphony Asset Management LLC and First Trust Advisors LP. Company insiders that have sold Metropolitan Bank company stock in the last year include Gerard A Perri, Mark R Defazio and Michael A Guarino. View Insider Buying and Selling for Metropolitan Bank.

MCB stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hotchkis & Wiley Capital Management LLC, Bank of Montreal Can, California Public Employees Retirement System, Sei Investments Co., Pacific Ridge Capital Partners LLC, Wedge Capital Management L L P NC and State Street Corp. Company insiders that have bought Metropolitan Bank stock in the last two years include Anthony J Fabiano and Gerard A Perri. View Insider Buying and Selling for 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.

One share of MCB stock can currently be purchased for approximately $48.42.

Metropolitan Bank has a market capitalization of $402.85 million and generates $140.41 million in revenue each year. The company earns $30.13 million in net income (profit) each year or $3.56 on an earnings per share basis. View Additional Information About Metropolitan Bank.

The official website for Metropolitan Bank is http://www.metropolitanbankny.com/.

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]