Metropolitan Bank Holding Corp.
- Open
- 96.99
- Day high
- 98.20
- Day low
- 96.99
- Prev close
- 96.04
- Volume
- 105K
- Mkt cap
- $1.2B
- P/E (TTM)
- 11.9
- EPS (TTM)
- $8.23
- P/B
- 1.3
- P/S
- 2.2
- Yield
- 0.77%
- Per share
- $0.75
- ▼Insiders net selling -$1.9M over the last 3 months (0 open-market buys, 7 sales)
- 🏛Institutions accumulating (13F)
Metropolitan Bank Holding Corp. (MCB) is a Financial Services company listed on NYSE. The stock is up 30% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 7 sales (SEC Form 4).
Metropolitan Bank Holding Corp. (MCB) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
MCB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 22, 2026 | $2.31 | $2.92 | +26.4% | $88M | +1.4% |
| Jan 20, 2026 | $2.20 | $2.77 | +25.9% | $88M | +6.3% |
| Oct 23, 2025 | $2.08 | $0.67 | -67.8% | $80M | +2.0% |
| Jul 17, 2025 | $1.62 | $1.76 | +8.6% | $76M | -2.6% |
| Jan 23, 2025 | $1.49 | $1.88 | +26.2% | $71M | +5.3% |
| Oct 17, 2024 | $1.55 | $1.86 | +20.0% | $72M | +7.2% |
| Jul 18, 2024 | $1.57 | $1.50 | -4.5% | $68M | -0.3% |
| Apr 18, 2024 | $1.34 | $1.46 | +9.0% | $67M | +3.3% |
| Jan 18, 2024 | $1.49 | $1.28 | -14.1% | $64M | -0.5% |
| Oct 19, 2023 | $1.63 | $1.97 | +20.9% | $60M | -4.7% |
| Jul 20, 2023 | $1.75 | $1.37 | -21.7% | $62M | -1.9% |
| Apr 18, 2023 | $1.79 | $2.25 | +25.7% | $66M | -1.7% |
MCB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 2, 2026 | Rosenberg Nickofficer: Executive Vice President | Sell | 90 | $100.03 |
| Jul 2, 2026 | Rosenberg Nickofficer: Executive Vice President | Sell | 1,807 | $100.42 |
| Jun 29, 2026 | Rosenberg Nickofficer: Executive Vice President | Sell | 263 | $100.01 |
| Jun 29, 2026 | Rosenberg Nickofficer: Executive Vice President | Sell | 90 | $100.06 |
| Jun 15, 2026 | PATENT ROBERT Cdirector | Sell | 10,000 | $96.41 |
| Jun 5, 2026 | PATENT ROBERT Cdirector | Sell | 5,000 | $90.21 |
| Jun 1, 2026 | GUTMAN HARVEYdirector | Sell | 3,000 | $89.58 |
| Mar 30, 2026 | DeFazio Mark Rdirector, officer: President and CEO | Tax | 6,050 | $80.65 |
| Mar 30, 2026 | Lublin Scottofficer: EVP and Chief Lending Officer | Tax | 3,025 | $80.65 |
| Mar 11, 2026 | Dougherty Daniel Fofficer: EVP & Chief Financial Officer | Buy | 1,000 | $79.95 |
| Mar 4, 2026 | Capra Lauraofficer: EVP, Head of Retail Banking | Grant | 4,650 | — |
| Mar 4, 2026 | Rosenberg Nickofficer: Executive Vice President | Grant | 4,241 | — |
| Mar 4, 2026 | Bonnar Gerald Davidofficer: SVP, Controller, CAO & PAO | Grant | 2,153 | — |
| Mar 4, 2026 | Dougherty Daniel Fofficer: EVP & Chief Financial Officer | Grant | 5,487 | — |
| Mar 4, 2026 | Capra Lauraofficer: EVP, Head of Retail Banking | Tax | 1,705 | $84.15 |
Source: MCB SEC Form 4 filings, latest Jul 2, 2026. For informational purposes only — not investment advice.
See the full MCB insider & 13F page →Metropolitan Bank Holding Corp. company profile
Overview
Metropolitan Bank Holding Corp. (NASDAQ:MCB) is a regional bank holding company founded in 1999 and headquartered in New York City. The company operates as the parent of Metropolitan Commercial Bank, which provides commercial and retail banking services primarily in the New York metropolitan area through six banking centers in Manhattan, Brooklyn, Great Neck, and Long Island. The bank went public in November 2017 and has undergone significant strategic transformation in recent years, including the exit from cryptocurrency banking and Banking-as-a-Service (BaaS) operations to focus on traditional relationship-based commercial banking.
Business
Metropolitan Commercial Bank operates in the regional banking sector, providing a comprehensive range of financial services to small businesses, middle-market enterprises, public entities, and individual consumers in the New York metropolitan area. The bank's core offerings include traditional deposit products such as checking accounts, savings accounts, money market accounts, certificates of deposit, and term deposits that allow customers to store and manage their funds while earning interest. On the lending side, the bank provides various credit products including commercial real estate loans for property purchases and development, construction loans for building projects, multi-family residential loans for apartment buildings and rental properties, and one-to-four family real estate loans for individual home purchases. The bank also offers commercial and industrial (C&I) loans to businesses for working capital, equipment purchases, and general business purposes, along with consumer loans for personal needs. The bank has developed specialized deposit verticals that serve niche markets, including EB-5 deposits related to immigrant investor programs, municipal deposits from government entities, homeowners association (HOA) deposits, and 1031 title escrow deposits related to real estate exchanges. These specialized verticals typically provide lower-cost, stable funding sources compared to traditional retail deposits. Additional services include cash management solutions for businesses, online and mobile banking platforms, Automated Clearing House (ACH) services for electronic payments, remote deposit capture allowing businesses to deposit checks electronically, and debit card services. The bank also provides trade finance services and letters of credit for businesses engaged in international commerce.
Revenue model
Metropolitan Commercial Bank generates revenue through two primary channels: net interest income and non-interest income. The dominant revenue source is net interest income, which represents the difference between interest earned on loans and investments and interest paid on deposits and borrowings. The bank earns interest by lending money at higher rates than it pays depositors, with recent loan originations averaging around 7.5-8.0% while deposit costs remain significantly lower. The bank's paying customers include small to medium-sized businesses seeking commercial loans, real estate developers and investors requiring construction and property financing, individual consumers needing mortgages and personal loans, and specialized deposit customers such as municipalities, homeowners associations, and participants in EB-5 investment programs. Recent financial performance shows the bank originated approximately $490 million in new loans during Q1 2025 at a weighted average coupon of 7.84%. Non-interest income represents a smaller portion of revenue, historically around $20-22 million annually, generated through fees for banking services, cash management, and other ancillary products. The bank has been exiting lower-margin fee-based businesses, including the complete wind-down of its Banking-as-a-Service operations and cryptocurrency banking relationships by 2024. Several factors influence the bank's profitability margins. Interest rate environment significantly impacts net interest margins, with rising rates generally benefiting the bank as loan yields increase faster than deposit costs. The bank estimates that each 25 basis point change in Federal Reserve rates impacts their net interest margin by approximately 4-8 basis points. Credit quality affects margins through provision expenses, though the bank has maintained strong asset quality with minimal charge-offs. Competition for deposits and loans in the New York market can pressure margins, though management indicates limited competitive pressure in their core markets. Regulatory compliance costs have temporarily pressured margins, though these are expected to normalize as the bank completes its regulatory remediation efforts by 2025.
Competitive moat
Metropolitan Commercial Bank operates in the highly competitive regional banking sector with limited sustainable competitive advantages. The bank's primary defensive position stems from its specialized deposit verticals and established relationships within niche markets such as EB-5 immigration investment programs, municipal banking, and homeowners associations. These specialized relationships create some customer stickiness and provide access to lower-cost funding sources that may be difficult for competitors to replicate quickly. The bank's geographic concentration in the New York metropolitan area provides intimate knowledge of local market conditions and established relationships with commercial real estate developers and middle-market businesses. This local expertise and relationship-based approach offers some protection against larger national banks that may lack the same market knowledge and personal service capabilities. However, the bank's moat is relatively narrow and faces several competitive threats. Larger regional and national banks possess significantly greater resources, technology capabilities, and can offer more comprehensive product suites. Fintech companies and digital banking platforms are increasingly competing for both deposit and lending relationships, particularly among younger customers and tech-savvy businesses. Credit unions and community development financial institutions may offer competitive rates and terms for similar customer segments. The bank's recent strategic pivot away from Banking-as-a-Service and cryptocurrency relationships, while reducing regulatory risk, also eliminated some differentiation that previously attracted fintech clients. The ongoing digital transformation initiative, expected to complete by end of 2025, is essential to maintain competitive parity but unlikely to create lasting advantages. Overall, Metropolitan Commercial Bank operates in a commoditized industry with limited barriers to entry and faces ongoing pressure from both traditional and non-traditional competitors.
Risks & safety
Metropolitan Commercial Bank demonstrates a moderate margin of safety with generally solid financial fundamentals but some areas of concern. • Solvency and Liquidity: The bank maintains strong capital ratios and liquidity positions with $200 million in cash and short-term investments as of Q1 2025. Total assets of $7.6 billion against total liabilities of $6.9 billion provide adequate cushion, though the debt-to-equity ratio of 0.44 indicates moderate leverage typical for regional banks. • Valuation Metrics: Trading at attractive valuation multiples with P/E ratio of 9.6x and price-to-book ratio of 0.85x, suggesting the stock trades below book value. The Graham number of $46.46 compared to the current price around $63 indicates modest overvaluation by traditional value metrics. • Profitability and Returns: Return on equity of 2.2% in Q1 2025 appears low, though management targets mid-teens return on tangible common equity by 2025. Net interest margin expansion to 3.68% demonstrates improving profitability trends. • Credit Risk: Strong credit quality with minimal non-performing loans and no significant charge-offs, though recent provision expense of $4.5 million in Q1 2025 suggests some normalization of credit costs. • Regulatory Overhang: Previous regulatory issues and ongoing remediation costs create some uncertainty, though management expects these to resolve by end of 2025.
Recent development
Metropolitan Commercial Bank has undergone significant strategic transformation over the past several years, fundamentally reshaping its business model and risk profile. The most significant development was the complete exit from cryptocurrency banking and Banking-as-a-Service (BaaS) operations by 2024, ending a 22-year relationship with fintech partnerships. This strategic pivot eliminated regulatory complexity and compliance costs while allowing management to focus on traditional relationship-based commercial banking. The bank initiated a comprehensive digital transformation project to modernize its core banking technology infrastructure, with completion expected by end of 2025. This multi-year initiative involves substantial investment in new systems and processes to improve operational efficiency and customer service capabilities while reducing long-term technology costs. Deposit strategy diversification has become a key focus, with the bank successfully developing specialized deposit verticals including EB-5 immigration investment programs, municipal banking relationships, homeowners association deposits, and 1031 title escrow services. These verticals have grown substantially, with deposit growth of $465 million in Q1 2025 alone, helping replace the deposits lost from exiting fintech relationships. The bank has maintained disciplined loan growth with approximately $500 million in annual loan originations, focusing on commercial real estate, construction, and commercial and industrial lending in the New York metropolitan area. Recent loan originations have been priced at attractive yields of 7.5-8.0%, contributing to net interest margin expansion from 3.44% to 3.68% over the past year. Capital management initiatives include an active share repurchase program, with 228,000 shares bought back for $12.9 million in Q1 2025, and ongoing board discussions about potential dividend implementation. Management has also been working toward resolving legacy regulatory matters, including a $10 million settlement with state authorities related to historical compliance issues.
MCB company profile · for informational purposes only — not investment advice.
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