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 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

MCB reports strong Q1 results, accelerates into EB5 space

MCB's Q1 2023 earnings call showcased strong financial performance, prudent lending approach, and a focus on managing interest rate and liquidity risks. The company is capitalizing on opportunities in the EB5 and fintech segments while addressing challenges related to crypto-related deposits and interest rate increases.

MCB reports positive Q2 results, focuses on deposit growth

MCB's positive results were tempered by margin compression and muted net interest income due to loan activity. However, the company's focus on deposit gathering teams, balance sheet growth, and efficiency improvement presents opportunities for future growth.

MCB reports solid Q3 earnings, focuses on efficiency and growth

MCB's Q3 performance reflects solid financials with strong loan and deposit growth, despite challenges with margin compression and nonperforming loans. The company is focused on reducing borrowings, driving efficiency, and expanding deposit verticals to capitalize on growth opportunities.

MCB reports resilient performance in 2023, eyes sustainable growth

MCB navigated challenges in 2023, showing resilience with positive performance in key areas. The focus on modernization, strong asset quality, and commitment to sustainable growth present opportunities for continued success. However, the bank faces challenges in managing expenses and the transition away from the B2C fintech business.

MCB reports robust Q1 earnings, eyes margin expansion and deposit growth

MCB's Q1 2024 showcased strong financial performance driven by income growth and prudent expense management. The bank's focus on core deposits, margin expansion, and cautious hiring strategy positions it well for future growth.

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.

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

Although the revenue and EPS for Metropolitan Bank Holding (MCB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Metropolitan Bank Holding (MCB) Q1 Earnings: A Look at Key Metrics

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $2.25 per share a year ago.

Metropolitan Bank Holding Corp. (MCB) Surpasses Q1 Earnings and Revenue 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 $16.2 million, or $1.46 per diluted common share, for the first quarter of 2024 compared to $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023, and $25.1 million, or $2.25 per diluted common share, for the first quarter of 2023. Mark DeFazio, President and Chief Executive Officer, commented.

Metropolitan Bank Holding Corp. Reports First Quarter 2024 Results

Get a deeper insight into the potential performance of Metropolitan Bank Holding (MCB) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Exploring Analyst Estimates for Metropolitan Bank Holding (MCB) Q1 Earnings, Beyond Revenue and EPS

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.

Analysts Estimate Metropolitan Bank Holding Corp. (MCB) to Report a Decline in Earnings: What to Look Out for

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2024 financial results after the market closes on Thursday, April 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, April 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: MCBQ124 appr.

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

MCB operates in the New York metropolitan area, primarily catering to wealthy entrepreneurs and small businesses. It owns a diversified and healthy loan portfolio with no signs of permanent credit damage. Its business growth since the IPO has been remarkable, with trends being supported by the current outlook.

Metropolitan Bank: Significant Upside With A Margin Of Safety

EXTON, Pa. , March 12, 2024 /PRNewswire/ -- Automated Financial Systems, Inc. (AFS) announced today that Metropolitan Commercial Bank (the "Bank") (NYSE: MCB), is the latest bank to choose AFSVision as their modern commercial lending platform. "AFSVision is one of the leading commercial lending platforms on the market, and it is well suited to accelerating our Core Banking Modernization project.

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

Metropolitan Bank Holding Corp. (MCB) Q4 2023 Earnings Call Transcript

The headline numbers for Metropolitan Bank Holding Corp. (MCB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Metropolitan Bank Holding Corp. (MCB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.28 per share, missing the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $2.43 per share a year ago.

Metropolitan Bank Holding Corp. (MCB) Q4 Earnings 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 $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023 compared to a net loss of $7.7 million, or $0.71 per diluted common share, for the fourth quarter of 20222. Net income for the year 2023 was $77.3 million, or $6.91 per diluted common share, compared to net income of $59.4 million, or $5.29.

Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2023 Results

Evaluate the expected performance of Metropolitan Bank Holding Corp. (MCB) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Metropolitan Bank Holding Corp. (MCB) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2023 financial results after the market closes on Thursday, January 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 19, 2024, to discuss the results. To access the event by telephone, please dial 800-267-6316 (US), 203-518-9783 (INTL), and provide conferen.

Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (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 Corp. (MCB) Surges 5.7%: Is This an Indication of Further Gains?

Metropolitan Bank Holding is an attractive investment opportunity in the banking sector. MCB has shown solid financial performance and continues to grow its enterprise. Shares are cheap, deposits continue to grow, and debt is incredibly low, making it a strong buy prospect.

Metropolitan Bank Holding: A Stellar Opportunity To Bank On

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the parent company of Metropolitan Commercial Bank (the “Bank”), is pleased to announce the promotion of Daniel F. Dougherty, CFA, to Executive Vice President and Chief Financial Officer, effective November 6, 2023. Mr. Dougherty assumes this role following the resignation of Greg Sigrist on October 31, 2023. He will report directly to Mark R. DeFazio, President and Chief Executive Officer. In his new capaci.

Metropolitan Bank Holding Corp. Promotes Treasurer to CFO

Metropolitan Bank announced stronger-than-expected earnings in the third quarter of 2023. Management was pleased with their performance, given broader challenges in the banking industry.

Why Metropolitan Bank Stock Soared Today

Metropolitan Bank Holding Corporation (MCB) Q3 2023 Earnings Call Transcript

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $2.23 per share a year ago.

Metropolitan Bank Holding Corp. (MCB) Surpasses Q3 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Bank has entered into Consent Orders with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and the New York State Department of Financial Services (“DFS”) to resolve Federal Reserve and DFS concerns related to the Bank's relationship with a program manager that processed government stimulus funds and expan.

Metropolitan Commercial Bank Announces Settlements with Federal Reserve and New York State Department of Financial Services

Metropolitan Bank Holding Corp. (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.

Earnings Preview: Metropolitan Bank Holding Corp. (MCB) Q3 Earnings Expected to Decline

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 financial results after the market closes on Thursday, October 19, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 20, 2023, to discuss the results. To access the event by telephone, please dial 800-343-5172 (US), 203-518-9814 (INTL), and provide conference ID: MCBQ323 appro.

News for Metropolitan Bank Hld Stock (MCB)