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 earnings results on Wednesday, January, 22nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.87 by $0.06. The business earned $30.90 million during 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.

Press coverage about MCB stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Metropolitan Bank earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned 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 company's share price in the near future. View News Stories for Metropolitan Bank.

Metropolitan Bank saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 24,700 shares, a decrease of 5.7% from the December 15th total of 26,200 shares. Based on an average trading volume of 19,800 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the shares of the company 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), 1st Source (SRCE), Southside Bancshares (SBSI), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), FB Financial (FBK), TriCo Bancshares (TCBK), First Bancorp (FBNC), OFG Bancorp (OFG), Triumph Bancorp (TBK) and Carolina Financial (CARO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Metropolitan Bank investors own include NVIDIA (NVDA), Enbridge (ENB), Omega Healthcare Investors (OHI), Royal Bank of Canada (RY), Southern (SO), Wells Fargo & Co (WFC), Cognex (CGNX), Galectin Therapeutics (GALT), Alphabet (GOOG) and Micron Technology (MU).

(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 institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.30%), Joel Isaacson & Co. LLC (0.06%) and New York State Teachers Retirement System (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Joel Isaacson & Co. LLC and New York State Teachers Retirement System. 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 $47.80.

Metropolitan Bank has a market capitalization of $397.70 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]