Should I buy or sell Metropolitan Bank stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MCB shares. View MCB analyst ratings or view top-rated stocks .

What is Metropolitan Bank's stock price target for 2024?

4 brokers have issued twelve-month price objectives for Metropolitan Bank's shares. Their MCB share price targets range from $50.00 to $66.00. On average, they anticipate the company's stock price to reach $56.50 in the next twelve months. This suggests a possible upside of 71.1% from the stock's current price. View analysts price targets for MCB or view top-rated stocks among Wall Street analysts .

How have MCB shares performed in 2024?

Metropolitan Bank's stock was trading at $55.38 at the start of the year. Since then, MCB shares have decreased by 40.4% and is now trading at $33.03. View the best growth stocks for 2024 here .

When is Metropolitan Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024. View our MCB earnings forecast .

How were Metropolitan Bank's earnings last quarter?

Metropolitan Bank Holding Corp. (NYSE:MCB) posted its earnings results on Thursday, October, 21st. The company reported $1.77 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.20. The firm had revenue of $46.68 million for the quarter, compared to analyst estimates of $44.95 million. Metropolitan Bank had a trailing twelve-month return on equity of 12.25% and a net margin of 19.16%.

What ETFs hold Metropolitan Bank's stock?

ETFs with the largest weight of Metropolitan Bank (NYSE:MCB) stock in their portfolio include Global X MSCI Pakistan ETF (PAK) . IQ Chaikin U.S. Small Cap ETF (CSML) .

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) , Omega Healthcare Investors (OHI) , Royal Bank of Canada (RY) , Southern (SO) , Wells Fargo & Company (WFC) , Preferred Apartment Communities (APTS) , BCE (BCE) , Cognex (CGNX) and Church & Dwight (CHD) .

When did Metropolitan Bank IPO?

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

Who are Metropolitan Bank's major shareholders?

Metropolitan Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cox Capital Mgt LLC (0.10%). Insiders that own company stock include David J Gold , Greg Sigrist, Harvey Gutman , Maria F Ramirez, Mark R Defazio , Michele A Peppers, Nick Rosenberg and Scott Lublin. View institutional ownership trends .

How do I buy shares of Metropolitan Bank?

Shares of MCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MCB

Metropolitan Bank (MCB) Stock Price, News & Analysis

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Free MCB Stock Alerts

$33.03

+0.37 (+1.13%)

(As of 01:33 PM ET)

Compare

Today's Range: $32.55
▼
$33.64
50-Day Range: $32.73
▼
$45.58
52-Week Range: $15.75
▼
$57.15

Volume: 34,251 shs
Average Volume: 101,958 shs
Market Capitalization: $366.30 million

P/E Ratio: 4.81
Dividend Yield: N/A
Price Target: $56.50

Get Metropolitan Bank alerts:

Metropolitan Bank MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 71.1% Upside
$56.50 Price Target
Short Interest: Bearish
5.98% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.79
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.86%
From $5.91 to $7.32 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

Finance Sector

393rd out of 832 stocks

State Commercial Banks Industry

96th out of 172 stocks

3.5

Analyst's Opinion

Consensus Rating
Metropolitan Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Metropolitan Bank has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.98% of the outstanding shares of Metropolitan Bank have been sold short.
Short Interest Ratio / Days to Cover
Metropolitan Bank has a short interest ratio ("days to cover") of 6.5.
Change versus previous month
Short interest in Metropolitan Bank has recently increased by 8.13%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Metropolitan Bank does not currently pay a dividend.
Dividend Growth
Metropolitan Bank does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MCB.

3.2

News and Social Media Coverage

News Sentiment
Metropolitan Bank has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Metropolitan Bank this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for MCB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Metropolitan Bank to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Metropolitan Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.50% of the stock of Metropolitan Bank is held by insiders.
Percentage Held by Institutions
79.83% of the stock of Metropolitan Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Metropolitan Bank are expected to grow by 23.86% in the coming year, from $5.91 to $7.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Metropolitan Bank is 4.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Metropolitan Bank is 4.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.68.
Price to Book Value per Share Ratio
Metropolitan Bank has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Metropolitan Bank Stock (NYSE:MCB)

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, money market, demand deposit, and other interest-bearing transaction accounts. It also provides lending products, including commercial real estate, multi-family, construction, and one-to four-family real estate loans; commercial and industrial loans; consumer loans; acquisition and renovation loans; loans to refinance or return borrower equity; loans on owner-occupied properties; working capital lines of credit; trade finance and letters of credit; and term loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit cards. The company was formerly known as Metbank Holding Corp. and changed its name to Metropolitan Bank Holding Corp. in January 2007. Metropolitan Bank Holding Corp. was incorporated in 1997 and is headquartered in New York, New York.

MCB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MCB Stock News Headlines

April 17, 2024 | bizjournals.com

Metro Council unanimously approves East Bank development deal

April 16, 2024 | finance.yahoo.com

The three-year underlying earnings growth at Metropolitan Bank Holding (NYSE:MCB) is promising, but the shareholders are still in the red over that time

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April 12, 2024 | msn.com

Downtown Baltimore sees increase in jobs and residents, but vacancies persist, report finds

April 11, 2024 | americanbankingnews.com

Metropolitan Bank (MCB) Scheduled to Post Quarterly Earnings on Thursday

April 5, 2024 | businesswire.com

Metropolitan Bank Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Date

April 4, 2024 | markets.businessinsider.com

Evaluating Metropolitan Bank Holding: Insights From 4 Financial Analysts

April 3, 2024 | msn.com

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March 20, 2024 | msn.com

Metropolitan Commercial Bank Leverages AFSVision for Commercial Lending Overhaul

March 19, 2024 | seekingalpha.com

Metropolitan Bank: Significant Upside With A Margin Of Safety

March 15, 2024 | ca.finance.yahoo.com

MCB Apr 2024 20.000 put

March 15, 2024 | ca.finance.yahoo.com

MCB Apr 2024 50.000 call

March 13, 2024 | yahoo.com

Metro Bank scraps seven-day a week opening and cuts jobs

March 12, 2024 | prnewswire.com

Automated Financial Systems, Inc. Announces Metropolitan Commercial Bank's Selection of AFSVision® as their Modern Commercial Lending Platform

March 11, 2024 | markets.businessinsider.com

Expert Outlook: Metropolitan Bank Holding Through The Eyes Of 4 Analysts

March 11, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Financial Stocks: Globe Life (GL), Arch Capital Group (ACGL) and Metropolitan Bank Holding (MCB)

March 11, 2024 | finance.yahoo.com

Bullish Metropolitan Bank Holding Insiders Loaded Up On US$829.7k Of Stock

March 4, 2024 | finance.yahoo.com

Metropolitan Commercial Bank exits BaaS

March 1, 2024 | bizjournals.com

Metro got a 'pretty good deal' on East Bank development— but they don’t know how much

March 1, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Renaissancere Holdings (RNR), Metropolitan Bank Holding (MCB) and Nasdaq (NDAQ)

February 29, 2024 | finance.yahoo.com

Metropolitan Commercial Bank Bolsters Risk Management and Finance Teams with Experienced Large Bank Veterans

February 23, 2024 | wsj.com

Metropolitan Bank Holding Corp.

February 22, 2024 | ca.finance.yahoo.com

MCB Sep 2024 70.000 call

February 17, 2024 | finance.yahoo.com

MCB Mar 2024 17.500 put

February 16, 2024 | finance.yahoo.com

Metropolitan Bank Holding Corp. (NYSE:MCB) is largely controlled by institutional shareholders who own 76% of the company

February 3, 2024 | theglobeandmail.com

TrustBIX Inc. Announces Closing of Private Placement

See More Headlines

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Company Calendar

Last Earnings: 10/21/2021
Today: 4/18/2024
Next Earnings (Confirmed): 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:MCB
CUSIP: N/A
CIK: 1476034
Web: www.metropolitanbankny.com
Phone: (212) 659-0600
Fax: N/A
Employees: 275
Year Founded: 1999

Price Target and Rating

Average Stock Price Target: $56.50
High Stock Price Target: $66.00
Low Stock Price Target: $50.00
Potential Upside/Downside: +68.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.87
Trailing P/E Ratio: 4.88
Forward P/E Ratio: 5.68
P/E Growth: N/A
Net Income: $76.90 million
Net Margins: 19.16%
Pretax Margin: 26.51%
Return on Equity: 12.25%
Return on Assets: 1.16%

Debt

Debt-to-Equity Ratio: 0.68
Current Ratio: 1.01
Quick Ratio: 1.02

Sales & Book Value

Annual Sales: $403.31 million
Price / Sales: 0.92
Cash Flow: $7.36 per share
Price / Cash Flow: 4.56
Book Value: $59.57 per share
Price / Book: 0.56

Miscellaneous

Outstanding Shares: 11,090,000
Free Float: 10,258,000
Market Cap: $371.96 million
Optionable: Not Optionable
Beta: 1.18

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Key Executives

Mr. Mark R. DeFazio (Age 61)
President, CEO & Director
Comp: $1.51M
Mr. Scott Lublin (Age 57)
Executive VP & Chief Lending Officer
Comp: $660.32k
Mr. Daniel F. Dougherty CFA
Executive VP & CFO
Ms. Dixiana M. Berrios (Age 51)
Executive VP & COO
Gerald David Bonnar
Senior VP, Controller, CAO & PAO
Mr. Frederik F. Erikson
Executive VP & General Counsel
Mr. Michael A. Guarino (Age 71)
Senior VP & Senior Counsel
Mr. Ram Puppala (Age 54)
Senior VP & Chief Digital Officer
Mr. Norman Scott (Age 53)
Senior VP & Chief Credit Officer
Michele M. Weber
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MCB Stock Analysis - Frequently Asked Questions

Should I buy or sell Metropolitan Bank stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Metropolitan Bank in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MCB shares.
View MCB analyst ratings or view top-rated stocks.
What is Metropolitan Bank's stock price target for 2024?: 4 brokers have issued twelve-month price objectives for Metropolitan Bank's shares. Their MCB share price targets range from $50.00 to $66.00. On average, they anticipate the company's stock price to reach $56.50 in the next twelve months. This suggests a possible upside of 71.1% from the stock's current price.
View analysts price targets for MCB or view top-rated stocks among Wall Street analysts.
How have MCB shares performed in 2024?: Metropolitan Bank's stock was trading at $55.38 at the start of the year. Since then, MCB shares have decreased by 40.4% and is now trading at $33.03.
View the best growth stocks for 2024 here.
When is Metropolitan Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our MCB earnings forecast.
How were Metropolitan Bank's earnings last quarter?: Metropolitan Bank Holding Corp. (NYSE:MCB) posted its earnings results on Thursday, October, 21st. The company reported $1.77 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.20. The firm had revenue of $46.68 million for the quarter, compared to analyst estimates of $44.95 million. Metropolitan Bank had a trailing twelve-month return on equity of 12.25% and a net margin of 19.16%.
What ETFs hold Metropolitan Bank's stock?: ETFs with the largest weight of Metropolitan Bank (NYSE:MCB) stock in their portfolio include Global X MSCI Pakistan ETF (PAK).IQ Chaikin U.S. Small Cap ETF (CSML).

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), Omega Healthcare Investors (OHI), Royal Bank of Canada (RY), Southern (SO), Wells Fargo & Company (WFC), Preferred Apartment Communities (APTS), BCE (BCE), Cognex (CGNX) and Church & Dwight (CHD).
When did Metropolitan Bank IPO?: Metropolitan Bank (MCB) raised $101 million in an initial public offering (IPO) 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.
Who are Metropolitan Bank's major shareholders?: Metropolitan Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cox Capital Mgt LLC (0.10%). Insiders that own company stock include David J Gold, Greg Sigrist, Harvey Gutman, Maria F Ramirez, Mark R Defazio, Michele A Peppers, Nick Rosenberg and Scott Lublin.
View institutional ownership trends.
How do I buy shares of Metropolitan Bank?: Shares of MCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MCB) was last updated on 4/18/2024 by MarketBeat.com Staff

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Metropolitan Bank (MCB) Stock Price, News & Analysis

Metropolitan Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Metropolitan Bank Stock (NYSE:MCB)

MCB Stock Price History

MCB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

MCB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™