Metropolitan Bank Hld

Metropolitan Bank Holding Corp. engages in the provision of banking solutions through its subsidiary, the Metropolitan Commercial Bank. It provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities, and affluent individuals. The company was founded on November 24, 1997 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Metropolitan Bank Hld (MCB) achieves record earnings amidst industry challenges

Metropolitan Bank Hld (MCB) delivered exceptional financial results in 2022, marked by record net income and improved efficiency ratios.
Despite challenges, MCB's strategic decisions, operational strengths, and effective risk management underscore its resilience and growth potential.
Looking ahead, MCB is well-positioned to leverage its strengths, address challenges, and capitalize on opportunities for sustained performance and value creation.

Metropolitan Bank Hld (MCB) reports strong Q1 performance and eyes growth opportunities

Metropolitan Bank Hld (MCB) delivered a strong Q1 performance, emphasizing preparedness for industry challenges and a commitment to transparency. The bank is focused on organic growth, managing interest rate risk, and liquidity risk effectively.

Metropolitan Bank Hld (MCB) reports strong Q2 performance and eyes new growth opportunities

Metropolitan Bank Hld (MCB) delivered a solid performance in Q2 2023, showcasing growth in deposits and loans while efficiently managing expenses. Despite challenges in net interest margin compression, MCB remains focused on strategic initiatives and sees promising opportunities ahead.

Metropolitan Bank Hld (MCB) reports strong Q3 performance and eyes margin expansion

Metropolitan Commercial Bank (MCB) showcased robust financial performance in Q3 2023, driven by strong net income, deposit, and loan growth.
While maintaining a focus on credit quality and compliance, the bank aims for margin expansion through strategic funding and operational initiatives.
Navigating challenges in expense management and regulatory compliance, MCB is well-positioned to capitalize on opportunities for NIM improvement and sustainable growth.

Metropolitan Bank Hld (MCB) reports resilient performance amidst strategic shifts

Metropolitan Commercial Bank (MCB) showcased resilience and strategic foresight in managing challenges and driving growth in 2023.
Despite increased expenses and the decision to exit the B2C fintech business, MCB remains focused on efficiency, modernization, and sustainable profitability.
Opportunities for NIM expansion, operational enhancements, and strategic cost management position MCB for continued success and value creation in 2024.
Navigating challenges while capitalizing on growth opportunities will be crucial for MCB to maintain its competitive edge and drive shareholder value.

Metropolitan Bank Hld (MCB) reports strong Q1 performance and growth opportunities

Metropolitan Bank Hld (MCB) delivered a strong performance in Q1 2024, driven by balance sheet growth, robust core deposits, and prudent risk management practices. The bank's focus on loan growth, asset quality, and operational efficiency positions it well for future growth.
While facing challenges such as competitive loan pricing and declining fee income, MCB has opportunities to leverage its strengths in asset quality, relationship-based banking, and digital transformation to drive revenue growth and enhance profitability.
By effectively managing expenses, regulatory costs, and tax implications, MCB can navigate challenges and capitalize on opportunities to sustain its financial performance and deliver value to stakeholders in the evolving market landscape.

Metropolitan Bank reports strong Q2 performance amidst deposit challenges

Metropolitan Commercial Bank delivered a solid performance in Q2 2024, marked by NIM expansion and earnings growth, despite challenges in deposit decline.
The bank's strengths in cost management, regulatory compliance, and loan book growth present opportunities for future financial success and market positioning.
By addressing challenges, leveraging opportunities, and building on strengths, Metropolitan Bank is poised for continued growth and operational excellence.

Metropolitan Bank Hld (MCB) reports robust Q3 performance and eyes growth opportunities

Metropolitan Commercial Bank (MCB) demonstrated strong financial performance in Q3 2024, driven by its commercial banking franchise and customer service.
While facing challenges in managing operating expenses and potential unforeseen expenses, the bank remains well-positioned for growth with opportunities in profitability and revenue expansion.
Overall, the bank's performance, strengths, and opportunities indicate a positive outlook for sustained financial success and operational efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Metropolitan Bank Holding Corp. engages in the provision of banking solutions. It provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities, and affluent individuals. The company was founded by Mark R. DeFazio on November 24, 1997 and is headquartered in New York, NY.

Even after seeing some nice upside, shares of Metropolitan Bank deserve to rise from here. This is in spite of the fact that recent financial performance has been mixed with rising expenses and declining net profits. The company's valuation is relatively low, but its return on assets and equity are not particularly impressive compared to peers.

Metropolitan Bank Deserves Some Extra Upside From Here

NEW YORK--(BUSINESS WIRE)---- $MCB #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City announced today that it is recognized as one of America's Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group. Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States, by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and.

Metropolitan Commercial Bank Named to Newsweek's America's Best Regional Banks and Credit Unions 2025

Metropolitan Bank Holding (MCB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Metropolitan Bank Holding (MCB) Soars 5.3%: Is Further Upside Left in the Stock?

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Mark DeFazio - President & CEO Daniel Dougherty - EVP & CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Feddie Strickland - Hovde Group Operator Welcome to the Metropolitan Commercial Bank Third Quarter 2024 Earnings Call. Hosting the call today from Metropolitan Commercial Bank are Mark DeFazio, President and Chief Executive Officer; and Dan Dougherty, Executive Vice President and Chief Financial Officer.

Metropolitan Bank Holding Corp. (MCB) Q3 2024 Earnings Call Transcript

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.86 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.97 per share a year ago.

Metropolitan Bank Holding Corp. (MCB) Q3 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024 compared to $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024, and $22.1 million, or $1.97 per diluted common share, for the third quarter of 2023. Mark DeFazio, President and Chief Executive Officer, commented.

Metropolitan Bank Holding Corp. Reports Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 18, 2024, to discuss the results. To access the event by telephone, please dial 800-445-7795 (US), 785-424-1699 (INTL), and provide conference ID: MCBQ324.

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

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank is pleased to announce its recognition as a member of Piper Sandler's Sm-All Stars Class of 2024. This year's class admits 8 new members and welcomes back 22 alumni. The list recognizes 30 companies that outperformed the industry across a variety of metrics including growth, profitability, credit and capital. “Metropolitan Commercial Bank is thrilled to re.

Metropolitan Commercial Bank Recognized as a Member of Piper Sandler's Sm-All Stars Class of 2024

Metropolitan Bank Holding Corp. saw a 30% share price surge since late June, outperforming the S&P 500's 4.2% increase. The firm achieved strong Q2 performance, with net interest income rising to $60 million, driven by increased interest-earning assets. Despite a decline in deposits and non-interest income, the bank remains attractively priced compared to peers.

Metropolitan Bank Holding Corp Has Had An Excellent Run (Rating Downgrade)

Investors need to pay close attention to Metropolitan Bank Holding (MCB) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Metropolitan Bank Holding (MCB) Stock?

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (NYSE: MCB) proudly rang the Opening Bell at the New York Stock Exchange today to celebrate its 25th Anniversary. This milestone underscores MCB's commitment to innovation, growth, and unwavering service to its clients. Mark R. DeFazio, Founder, President, and CEO of Metropolitan Commercial Bank, had the honor of ringing the bell, marking the beginning of the trading day. The event celebrated the Bank's quarter-century of achievements and.

Metropolitan Commercial Bank Rings NYSE Opening Bell to Commemorate 25th Anniversary

Bank of New York Mellon

Capital One

Corebridge Financial Inc

Discover

Essent Group

LPL Financial Hlds

Renasant

UMB Financial

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with catalysts.

KBW analysts recommend these 11 financial stocks after the market sell-off

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q2 2024 Earnings Conference Call July 19, 2024 9:00 AM ET Company Participants Mark R. DeFazio - President and CEO Daniel F.

Metropolitan Bank Holding Corp. (MCB) Q2 2024 Earnings Call Transcript

The headline numbers for Metropolitan Bank Holding (MCB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Metropolitan Bank Holding (MCB) Reports Q2 Earnings: What Key Metrics Have to Say

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.37 per share a year ago.

Metropolitan Bank Holding Corp. (MCB) Q2 Earnings and Revenues Miss Estimates

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024 compared to $16.2 million, or $1.46 per diluted common share, for the first quarter of 2024, and $15.6 million, or $1.37 per diluted common share, for the second quarter of 2023. Mark DeFazio, President and Chief Executive Officer, commente.

Metropolitan Bank Holding Corp. Reports Second Quarter 2024 Results

Metropolitan Bank Holding (MCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Metropolitan Bank Holding Corp. (MCB) Earnings Expected to Grow: Should You Buy?

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2024 financial results after the market closes on Thursday, July 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 19, 2024, to discuss the results. To access the event by telephone, please dial 800-267-6316 (US), 203-518-9783 (INTL), and provide conference ID: MCBQ224 appro.

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

Metropolitan Bank Holding faced some challenges in the first quarter of 2024, but overall the business looks positive. Shares are attractively priced compared to similar firms, though asset quality could be better. Lower interest rates in the future could bring down the cost of deposits and lead to overall growth in the firm's balance sheet.

Metropolitan Bank Holding Corp: Still Bullish Despite Recent Underperformance

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City, proudly announces its 25th anniversary, signifying a remarkable milestone in its history. Founded in 1999, Metropolitan Commercial Bank has become a trusted institution renowned for its commitment to excellence, innovation, risk management, and community engagement. Reflecting on this Quarter Century Anniversary, Metropolitan Commercial Bank acknowledges a journey.

Metropolitan Commercial Bank Celebrates Quarter Century Anniversary

Metropolitan Bank's (MCB) solid deposit franchise, initiatives to boost efficiency and strong balance sheet are likely to aid its financials. This makes the stock an attractive pick for investors.

Here's Why Metropolitan Bank (MCB) Stock is Worth Betting On

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Metropolitan Bank Holding (MCB) Stock Undervalued Right Now?

Should Value Investors Buy Metropolitan Bank Holding (MCB) Stock?

Metropolitan Bank posted a solid first-quarter beat, helping to calm investor nerves around the stock. Midsize banks, and in particular New York-area banks, have been in the spotlight due to troubles at New York Community Bancorp.

Why Metropolitan Bank Holding Corp. Stock Is Up Big Today

Metropolitan Bank Holding Corp. (MCB) Q1 2024 Earnings Call Transcript

News for Metropolitan Bank Hld Stock (MCB)