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Metropolitan Bank Holding Corp   (NYSE: MCB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $54.6800 $1.68 3.170%
Day's High: $54.72 Week Perf: 4.09 %
Day's Low: $ 53.34 30 Day Perf: -12.33 %
Volume (M): 362 52 Wk High: $ 69.56
Volume (M$): $ 19,805 52 Wk Avg: $51.56
Open: $53.54 52 Wk Low: $32.46



 Market Capitalization (Millions $) 615
 Shares Outstanding (Millions) 11
 Employees 275
 Revenues (TTM) (Millions $) 271
 Net Income (TTM) (Millions $) 67
 Cash Flow (TTM) (Millions $) -69
 Capital Exp. (TTM) (Millions $) 3

Metropolitan Bank Holding Corp
Metropolitan Bank Holding Corp (Metropolitan Bank) is a banking holding company based in New York City. It was established in 1999 and serves as the parent company of Metropolitan Commercial Bank, which is a financial institution that provides a wide range of banking and financial products and services to individuals, businesses and institutional clients in the United States.

Metropolitan Bank operates as a community bank with a focus on personalized customer service and innovative banking solutions to meet the unique needs of its wide range of clientele. It is a publically traded company that is listed on the New York Stock Exchange (NYSE) under the ticker symbol MCB, making it one of the most prominent banking institutions in the United States.

The bank's product and service offerings include Business Checking accounts, Treasury Management services, money market accounts, savings accounts, CDs, commercial loans, SBA loans, and residential mortgages, among others. Metropolitan Bank is also known for its comprehensive online and mobile banking platforms, which provide customers with quick and easy access to their accounts.

The bank operates a network of branches located in New York City, Great Neck, Long Island, and New Jersey. Its headquarters are located in New York City, where it houses its executive management team, along with its marketing, finance, and operations departments.

Metropolitan Bank has an exceptional track-record of financial performance, with a strong balance sheet and increasing profitability year-on-year. Its total assets have grown exponentially over the years, surpassing $5 billion in 2019, making the bank a formidable player in the financial services industry.

Finally, Metropolitan Bank is dedicated to ethical and responsible banking practices. It is committed to diversity and inclusion, as well as community engagement and philanthropy. The bank provides significant support to charitable organizations and community outreach programs in the localities where it operates, and this has earned it a reputation as a socially responsible institution.


   Company Address: 99 Park Avenue New York 10016 NY
   Company Phone Number: 659-0600   Stock Exchange / Ticker: NYSE MCB


   

Stock Performances by Major Competitors

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Business Update

Metropolitan Commercial Bank Celebrated as Top Performer Joins Piper Sandlers Elite Sm-All Stars Class of 2024,

Published Tue, Oct 1 2024 12:47 AM UTC

Metropolitan Commercial Bank Earns Elite Spot in Piper Sandler?s Sm-All Stars Class of 2024 Metropolitan Commercial Bank Holding Corp. (NYSE: MCB), the parent company behind the innovative and customer-centric Metropolitan Commercial Bank, has achieved a significant milestone by being recognized as a member of Piper Sandler?s Sm-All Stars Class of 2024. This accolade marks a...

Business Update

Metropolitan Commercial Bank Joins Elite Sm-All Stars Class of 2024, Celebrating Financial Distinction,

Published Mon, Sep 30 2024 10:47 PM UTC

Metropolitan Commercial Bank Named to Piper Sandler s Sm-All Stars Class of 2024: A Testament to Financial Excellence In a significant accolade for the banking sector, Metropolitan Commercial Bank Holding Corp. (NYSE: MCB) has been recognized as a member of Piper Sandler s esteemed Sm-All Stars Class of 2024. This announcement underscores the bank s impressive performance ac...

Metropolitan Bank Holding Corp

Metropolitan Bank Holding Corp defies expectations with revenue growth amid earnings setback in Q1 2024

Metropolitan Bank Holding Corp has certainly been making waves in the financial sector, with their recent fiscal performance showcasing their resilience and determination to succeed. Despite facing income contraction in the most recent fiscal period, the company managed to elevate their revenue by an impressive 2.04%. This showcases their ability to adapt and pivot their business strategies in the face of challenging economic conditions.
In comparison to their industry peers, Metropolitan Bank Holding Corp outperformed in terms of revenue growth, with most entities in the Regional Banks industry reporting an average business elevation of 1.91%. This further highlights the company's strong market position and ability to deliver value to their shareholders.

Metropolitan Bank Holding Corp

Metropolitan Bank Holding Corp Crushes Expectations with 147.199% Revenue Growth



Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, has delivered impressive financial results in the fourth quarter of 2023 despite the challenging market conditions faced by the Regional Banks industry. With a significant increase in revenue and a positive earnings figure, the company has defied industry trends and showcased its resilience in an uncertain economic climate.
Revenue Growth and Positive Earnings:
Metropolitan Bank Holding Corp witnessed a remarkable year-on-year revenue growth of 147.199% in its December 31, 2023 report, reaching $57.01 million. This performance is particularly noteworthy, given the declining orders and revenue faced by most companies operating in the Regional Banks sector.

Metropolitan Bank Holding Corp

Metropolitan Bank Holding Corp Witnesses Sharp Fall of Revenue by 23.576% in Recent Fiscal Quarter, Sparking Investor Concerns

Metropolitan Bank Holding Corp, a prominent player in the Regional Banks industry, recently unveiled its financial results for the fiscal second quarter of 2023. However, the numbers may not have pleased investors, as the company reported a significant drop in income and revenue compared to the previous year. This decline raises concerns about the bank's financial performance and profitability going forward.
In terms of income per share, Metropolitan Bank Holding Corp experienced a drastic decrease of -33.82% from $2.07 per share to $1.37 per share in the fiscal second quarter of 2023, compared to the same period last year. This downward trend continued when compared to the previous quarter, with a decline of -39.11% from $2.25 per share.







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