Metropolitan Bank Holding Corp.

MCB

US5917741044

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
42.69 ^USD	+0.14%		+1.33%	-22.91%

Apr. 19	Transcript : Metropolitan Bank Holding Corp., Q1 2024 Earnings Call, Apr 19, 2024
Apr. 18	Stocks to Watch : Canopy Growth, Metropolitan Bank, Netflix	DJ

Metropolitan Bank Holding Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 18, 2024 at 04:05 pm EDT

Metropolitan Bank Holding Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 59.71 million compared to USD 58.53 million a year ago.

Net income was USD 16.2 million compared to USD 25.08 million a year ago. Basic earnings per share from continuing operations was USD 1.46 compared to USD 2.26 a year ago. Diluted earnings per share from continuing operations was USD 1.46 compared to USD 2.25 a year ago.

Latest news about Metropolitan Bank Holding Corp.

Transcript : Metropolitan Bank Holding Corp., Q1 2024 Earnings Call, Apr 19, 2024	Apr. 19
Stocks to Watch : Canopy Growth, Metropolitan Bank, Netflix	Apr. 18	DJ
Metropolitan Bank Q1 EPS Falls, Revenue Rises; Shares Up After-Hours	Apr. 18	MT
Earnings Flash (MCB) METROPOLITAN BANK HOLDING Reports Q1 EPS $1.46, vs. Street Est of $1.34	Apr. 18	MT
Earnings Flash (MCB) METROPOLITAN BANK HOLDING Posts Q1 Revenue $66.7M, vs. Street Est of $65.1M	Apr. 18	MT
Metropolitan Bank Holding Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 18	CI
JPMorgan Adjusts Price Target on Metropolitan Bank Holding to $50 From $55, Maintains Overweight Rating	Apr. 04	MT
Keefe Bruyette & Woods Adjusts Metropolitan Bank Holding's Price Target to $55 From $66, Keeps Outperform Rating	Mar. 11	MT
Metropolitan Bank and Trust Files for Singapore Listing of $1 Billion Guaranteed Bonds	Mar. 07	MT
JPMorgan Adjusts Price Target on Metropolitan Bank to $55 From $62, Keeps Overweight Rating	Mar. 04	MT
Metropolitan Bank & Trust Gets Nod to Sell $500 Million Bonds	Feb. 27	MT
Rockwell Land Board OKs PHP5 Billion Term Loan Facility	Feb. 02	MT
Keefe Bruyette & Woods Adjusts Price Target on Metropolitan Bank to $66 From $73, Keeps Outperform Rating	Jan. 22	MT
Transcript : Metropolitan Bank Holding Corp., Q4 2023 Earnings Call, Jan 19, 2024	Jan. 19
Metropolitan Bank Swings to Q4 Earnings, Revenue Declines	Jan. 18	MT
Earnings Flash (MCB) METROPOLITAN BANK HOLDING Posts Q4 Revenue $63.6M, vs. Street Est of $61.7M	Jan. 18	MT
Earnings Flash (MCB) METROPOLITAN BANK HOLDING Reports Q4 EPS $1.28, vs. Street Est of $1.48	Jan. 18	MT
Metropolitan Bank Holding Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 18	CI
North American Morning Briefing : TSMC Results -2-	Jan. 18	DJ
Piper Sandler Initiates Metropolitan Bank Holding at Overweight Rating With $60 Price Target	Dec. 15	MT
Manila Water Secures PHP10 Billion Term Loan	Dec. 07	MT
GT Capital's Net Income Soars 54% in January-September	Nov. 15	MT
Metropolitan Bank Holding Corp. Promotes Daniel F. Dougherty to Executive Vice President	Nov. 06	CI
Metropolitan Bank Holding Corp. Promotes Daniel F. Dougherty to Chief Financial Officer	Nov. 06	CI
Metrobank's Income Soars in January-September	23-10-30	MT

Chart Metropolitan Bank Holding Corp.

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Company Profile

Metropolitan Bank Holding Corp. is a bank holding company. The Company, through its subsidiary, Metropolitan Commercial Bank, a New York state-chartered bank, provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in the New York metropolitan area. In addition to traditional commercial banking products, the Company offers corporate cash management and retail banking services, and, through Global Payments Group, provides global payments business services to non-bank financial service companies (referred to as Banking-as-a-Service) by serving as an issuing bank for third-party debit card programs, while also providing such companies with other financial infrastructure components, including cash settlement and custodian deposit services. Its commercial real estate products include acquisition loans, renovation loans, loans on owner-occupied properties and construction loans.

Sector

Banks

Calendar

2024-05-28 - Annual General Meeting

Related indices

Russell 2000

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Ratings for Metropolitan Bank Holding Corp.

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

42.69 USD

Average target price

52.5 USD

Spread / Average Target

+22.98%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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