MCB Home Investment Highlights Valuation & Metrics Price Chart Why The Stock Moved Return vs. Risk About MCB Interactive Breakdown Better Bets vs. MCB Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Forward Guidance Insider Activity Investor Activity (13F) Trade Sentinel Investor Videos Industry Resource Links External Quote Links

    Metropolitan Bank (MCB)

    Market Price (7/26/2026): $91.175 | Market Cap: $973.3 MilSector: Financials | Industry: Regional Banks

    Metropolitan Bank (MCB)

    Market Price (7/26/2026): $91.175
    Market Cap: $973.3 Mil
    Sector: Financials
    Industry: Regional Banks

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0%, FCF Yield is 13%

    Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -132%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%

    Low stock price volatility
    Vol 12M is 34%

    Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.

    Key risks
    MCB key risks include [1] substantial regulatory fines and a strategic exit from its Banking-as-a-Service (BaaS) partnerships, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0%, FCF Yield is 13%
    1 Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -132%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%
    3 Low stock price volatility
    Vol 12M is 34%
    4 Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.
    5 Key risks
    MCB key risks include [1] substantial regulatory fines and a strategic exit from its Banking-as-a-Service (BaaS) partnerships, Show more.

    MCB in ETFs

    Weight = MCB's share of each fund

    VTI0.00%
    ITOT0.00%
    IWM0.03%
    KRE0.40%
    AVUV0.10%
    IWN0.06%
    VTWO0.03%
    DFAS0.03%
    +5 more covered ETFs

    Valuation & Metrics

    FYE: 12/31MCB [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$304.7 Mil—
    FY 2026 Sales$380.0 Mil—
    FY 2027 Sales$433.9 Mil—
    FY 2026 Sales Growth24.7%—
    FY 2027 Sales Growth14.2%13.3%
    EARNINGS
    LTM Net Income (GAAP) [3]$86.2 Mil—
    FY 2026 Net Income (Non-GAAP)$106.7 Mil—
    FY 2027 Net Income (Non-GAAP)$123.7 Mil—
    FY 2027 Net Income Growth15.9%19.6%
    FY 2026 EPS (Non-GAAP)$9.94—
    FY 2027 EPS (Non-GAAP)$11.52—
    FY 2027 EPS Growth15.9%—
    VALUATION
    FY 2026 P/S2.61.6
    FY 2027 P/S2.2—
    FY 2026 P/E9.17.6
    FY 2027 P/E7.9—

    [1] MCB forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 7/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    MCBS&P 500
    REVENUE GROWTHGOOD
    Rev LTM ($ Bil)0.3
    Rev Chg Q23.0%9.1%
    Rev Chg LTM15.8%7.8%
    Rev Chg 3Y Avg6.4%5.9%
    PROFITABILITYGOOD
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)0.1
    Net Inc LTM ($ Bil)0.1
    CFO/Rev LTM44.6%21.5%
    Net Inc Mgn28.3%13.0%
    VALUATIONLOW
    P/S3.23.3
    P/CFO7.215.1
    P/FCF7.519.9
    P/E11.324.2

    AI Analysis | Feedback

    MetricValueDateSource
    Non-performing loans81.6 million9302025Link
    Ratio of non-performing loans to total loans1.20%9302025Link
    Allowance for credit losses94.2 million9302025Link
    Loan production for the third quarter of 2025514.2 million9302025Link
    Cash on deposit and available secured funding capacity as a percentage of estimated uninsured deposits190%9302025Link
    Number of banking centers612312024Link
    Number of full-time employees16712312019Link

    Price Chart

    Recent
    7/21/2026Earnings ReleaseRev: $93 Mil (A) vs. $93 Mil (E)
    EPS: 1.54 (A) vs. $2.30 (E)
    Upcoming
    7/31/2026DividendAmount: $0.35
    Payment On: 8/11/2026
    10/22/2026Earnings ReleaseRev: $97 Mil (E)
    EPS: $2.51 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 7/22/2026

    Metropolitan Bank (MCB) stock has gained about 10% since 3/31/2026 because of the following key factors:

    1. Strong Fiscal Q1 2026 Earnings Performance.

    Metropolitan Bank (MCB) significantly exceeded analyst expectations in fiscal Q1 2026, reporting diluted earnings per share of $2.92, which was a 22.69% surprise over the anticipated $2.38. Revenue also surpassed projections, reaching $88.49 million against a forecast of $87.35 million. This robust financial performance, coupled with a healthy net interest margin of 4.08% and strong loan growth, likely drove positive investor sentiment.

    2. Sustained Loan Portfolio Growth.

    The bank demonstrated continued expansion in its loan portfolio, with total loans increasing by $282.4 million, or 4.0%, from March 31, 2026, to June 30, 2026, reaching $7.3 billion. This growth was supported by substantial loan production of $718.9 million in fiscal Q2 2026. Management also maintained a full-year loan growth target of $1 billion, signaling ongoing business development.

    Show more
    Updated on 7/22/2026

    Metropolitan Bank (MCB) stock has gained about 10% since 3/31/2026 because of the following key factors:

    1. Strong Fiscal Q1 2026 Earnings Performance.

    Metropolitan Bank (MCB) significantly exceeded analyst expectations in fiscal Q1 2026, reporting diluted earnings per share of $2.92, which was a 22.69% surprise over the anticipated $2.38. Revenue also surpassed projections, reaching $88.49 million against a forecast of $87.35 million. This robust financial performance, coupled with a healthy net interest margin of 4.08% and strong loan growth, likely drove positive investor sentiment.

    2. Sustained Loan Portfolio Growth.

    The bank demonstrated continued expansion in its loan portfolio, with total loans increasing by $282.4 million, or 4.0%, from March 31, 2026, to June 30, 2026, reaching $7.3 billion. This growth was supported by substantial loan production of $718.9 million in fiscal Q2 2026. Management also maintained a full-year loan growth target of $1 billion, signaling ongoing business development.

    3. Enhanced Shareholder Returns.

    Metropolitan Bank announced increased capital returns to shareholders, including a new $50.0 million common stock repurchase program and a 40% increase in its quarterly dividend to $0.35 per share from $0.25. These initiatives, announced in July 2026, demonstrate management's commitment to shareholder value and likely contributed to positive stock movement in the specified period.

    Show less
    Holding a concentrated position? Know your true downside before the momentum shifts.
    Protect Your Wealth →

    Stock Movement Drivers

    Fundamental Drivers

    The 9.6% change in MCB stock from 3/31/2026 to 7/25/2026 was primarily driven by a 15.1% change in the company's Net Income Margin (%).
    (LTM values as of)33120267252026Change
    Stock Price ($)83.0591.039.6%
    Change Contribution By: 
    Total Revenues ($ Mil)2893055.3%
    Net Income Margin (%)24.6%28.3%15.1%
    P/E Multiple11.911.3-5.5%
    Shares Outstanding (Mil)1011-4.3%
    Cumulative Contribution9.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 7/25/2026
    ReturnCorrelation
    MCB9.6% 
    Market (SPY)13.6%17.2%
    Sector (XLF)14.1%45.9%

    Fundamental Drivers

    The 19.8% change in MCB stock from 12/31/2025 to 7/25/2026 was primarily driven by a 23.8% change in the company's Net Income Margin (%).
    (LTM values as of)123120257252026Change
    Stock Price ($)75.9791.0319.8%
    Change Contribution By: 
    Total Revenues ($ Mil)2793059.3%
    Net Income Margin (%)22.8%28.3%23.8%
    P/E Multiple12.411.3-9.1%
    Shares Outstanding (Mil)1011-2.6%
    Cumulative Contribution19.8%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    12/31/2025 to 7/25/2026
    ReturnCorrelation
    MCB19.8% 
    Market (SPY)8.7%28.1%
    Sector (XLF)3.3%43.3%

    Fundamental Drivers

    The 31.3% change in MCB stock from 6/30/2025 to 7/25/2026 was primarily driven by a 15.8% change in the company's Total Revenues ($ Mil).
    (LTM values as of)63020257252026Change
    Stock Price ($)69.3591.0331.3%
    Change Contribution By: 
    Total Revenues ($ Mil)26330515.8%
    Net Income Margin (%)25.4%28.3%11.3%
    P/E Multiple11.611.3-3.1%
    Shares Outstanding (Mil)11115.1%
    Cumulative Contribution31.3%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2025 to 7/25/2026
    ReturnCorrelation
    MCB31.3% 
    Market (SPY)20.6%29.5%
    Sector (XLF)8.8%46.4%

    Fundamental Drivers

    The 164.6% change in MCB stock from 6/30/2023 to 7/25/2026 was primarily driven by a 94.3% change in the company's P/E Multiple.
    (LTM values as of)63020237252026Change
    Stock Price ($)34.4191.03164.6%
    Change Contribution By: 
    Total Revenues ($ Mil)25630518.8%
    Net Income Margin (%)25.5%28.3%10.7%
    P/E Multiple5.811.394.3%
    Shares Outstanding (Mil)11113.5%
    Cumulative Contribution164.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2023 to 7/25/2026
    ReturnCorrelation
    MCB164.6% 
    Market (SPY)72.6%36.9%
    Sector (XLF)74.5%51.5%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    MCB Return194%-45%-6%5%31%20%153%
    Peers Return45%-12%-3%17%17%25%111%
    S&P 500 Return27%-19%24%23%16%8%97%

    Monthly Win Rates [3]
    MCB Win Rate83%25%42%58%67%57% 
    Peers Win Rate67%48%44%56%60%68% 
    S&P 500 Win Rate75%42%67%75%67%43% 

    Max Drawdowns [4]
    MCB Max Drawdown-14%-51%-67%-41%-26%-19% 
    Peers Max Drawdown-18%-28%-47%-26%-27%-14% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: DCOM, VLY, EBC, EWBC.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 7/24/2026 (YTD)

    How Low Can It Go

    EventMCBS&P 500
    2025 US Tariff Shock
      % Loss-21.2%-18.8%
      % Gain to Breakeven26.9%23.1%
      Time to Breakeven21 days79 days
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-31.8%-9.5%
      % Gain to Breakeven46.7%10.5%
      Time to Breakeven55 days24 days
    2023 SVB Regional Banking Crisis
      % Loss-66.3%-6.7%
      % Gain to Breakeven196.8%7.1%
      Time to Breakeven530 days31 days
    2020 COVID-19 Crash
      % Loss-63.5%-33.7%
      % Gain to Breakeven173.7%50.9%
      Time to Breakeven328 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-27.6%-19.2%
      % Gain to Breakeven38.2%23.8%
      Time to Breakeven127 days105 days

    Compare to DCOM, VLY, EBC, EWBC

    In The Past

    Metropolitan Bank's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 26.9% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventMCBS&P 500
    2025 US Tariff Shock
      % Loss-21.2%-18.8%
      % Gain to Breakeven26.9%23.1%
      Time to Breakeven21 days79 days
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-31.8%-9.5%
      % Gain to Breakeven46.7%10.5%
      Time to Breakeven55 days24 days
    2023 SVB Regional Banking Crisis
      % Loss-66.3%-6.7%
      % Gain to Breakeven196.8%7.1%
      Time to Breakeven530 days31 days
    2020 COVID-19 Crash
      % Loss-63.5%-33.7%
      % Gain to Breakeven173.7%50.9%
      Time to Breakeven328 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-27.6%-19.2%
      % Gain to Breakeven38.2%23.8%
      Time to Breakeven127 days105 days

    Compare to DCOM, VLY, EBC, EWBC

    In The Past

    Metropolitan Bank's stock fell -21.2% during the 2025 US Tariff Shock. Such a loss loss requires a 26.9% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Metropolitan Bank (MCB)

    Metropolitan Bank Holding Corp. (MCB) operates Metropolitan Commercial Bank, a financial institution primarily serving the New York metropolitan area. The bank provides a comprehensive range of business, commercial, and retail banking products and services. Its core clientele includes small businesses, middle-market enterprises, public entities, and individual consumers, all within its defined geographic market.

    The company's offerings are broadly categorized into deposit accounts and lending products. Deposit services encompass standard checking, savings, term deposit, and money market accounts, as well as certificates of deposit. On the lending side, MCB provides various loan types, including commercial real estate, construction, multi-family, and one-to four-family real estate loans, alongside commercial and industrial loans, consumer loans, and specialized financing like working capital lines of credit and trade finance.

    Beyond traditional banking, Metropolitan Bank also offers essential cash management services and modern conveniences such as online and mobile banking, ACH, remote deposit capture, and debit card services. The bank maintains a physical presence through six banking centers located in key areas like Manhattan, Brooklyn, Great Neck, and Long Island, reinforcing its commitment to its local New York market.

    AI Analysis | Feedback

    • M&T Bank for New York City businesses.
    • A localized KeyBank focused on commercial clients in the New York metro area.

    AI Analysis | Feedback

    • Deposit Accounts: Offers various accounts including checking, savings, money market, and certificates of deposit for individuals and businesses.
    • Real Estate Loans: Provides financing for commercial real estate, construction, multi-family, and residential properties.
    • Commercial & Industrial Loans: Delivers loans and lines of credit, including working capital, trade finance, and term loans for businesses.
    • Consumer Loans: Offers loans to individuals for various personal financial needs.
    • Cash Management & Digital Banking Services: Provides services such as ACH, remote deposit capture, and online/mobile banking to help clients manage their finances.

    AI Analysis | Feedback

    Metropolitan Bank (MCB) primarily serves a diverse customer base, encompassing both businesses and individuals. Due to the nature of banking, the company does not have publicly disclosed "major customers" in the sense of specific named client companies that dominate its revenue. Instead, its customer base consists of numerous borrowers and depositors across various categories.

    Based on the company description, Metropolitan Bank serves the following major customer categories:

    1. Small Businesses: Providing a range of business banking products and services tailored to the needs of smaller enterprises in the New York metropolitan area.
    2. Middle-Market Enterprises: Catering to larger businesses with commercial banking products and services, including various lending solutions and cash management.
    3. Individuals: Offering retail banking products and services such as checking, savings, term deposit accounts, consumer loans, and online/mobile banking services to individual customers.

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    The key risks to Metropolitan Bank (MCB) are as follows:

    1. Regulatory Fines and Compliance Deficiencies

    Metropolitan Commercial Bank has faced significant regulatory scrutiny and substantial fines for violations related to customer identification rules and inadequate third-party risk management practices. In late 2023, the Federal Reserve Board and the New York Department of Financial Services imposed penalties totaling approximately $30 million on the bank. These fines stemmed from the bank's role in facilitating fraud in 2020, where it opened prepaid card accounts through a third-party program manager without sufficient identity verification procedures, leading to illicit actors collecting illegally obtained state unemployment insurance benefits. The bank is now mandated to overhaul its customer identification, customer due diligence, and third-party risk management programs.

    2. Commercial Real Estate (CRE) Exposure and Credit Quality

    Metropolitan Bank has a notable concentration in commercial real estate (CRE) loans, which presents a significant risk, particularly given evolving market conditions. Approximately 37% of its loan portfolio is tied to skilled nursing facilities, with additional exposure to office and hospitality sectors. While the bank reported a rise in non-performing loans to 1.28% in the fourth quarter of 2025, up from 0.54% the previous year, management attributed this primarily to a single out-of-market commercial real estate multifamily loan. Nevertheless, the potential for CRE exposures to translate into higher loan losses remains a key risk that could pressure the bank's earnings.

    3. Interest Rate Risk and Funding Costs

    The bank's interest rate risk has widened due to increasing funding costs. As of mid-2023, Metropolitan Commercial Bank's funding base became more expensive, making its income more vulnerable to potential interest rate hikes. This shift was driven by a rotation into remunerated deposits and short-term borrowing, which increases the sensitivity of its liabilities. Additionally, a decline in unremunerated customer deposits, partly a result of the bank exiting cryptocurrency-related businesses, further contributed to the rise in funding costs.

    AI Analysis | Feedback

    The clear emerging threats for Metropolitan Bank (MCB) include the rise of digital-only banks and fintech companies, which often operate with lower overhead, offer more competitive rates, and provide highly convenient, user-friendly digital experiences. These entities directly compete for deposits (checking, savings, and term deposits) and certain lending products (consumer and small business loans), potentially eroding MCB's customer base, particularly among tech-savvy individuals and small businesses who may prioritize digital convenience and potentially better rates over a physical branch presence. Additionally, the proliferation of non-bank online lenders poses a threat by offering faster, more streamlined lending processes for small businesses and consumers, thereby siphoning off demand for commercial and industrial loans, working capital lines of credit, and consumer loans traditionally provided by banks like MCB.

    AI Analysis | Feedback

    Metropolitan Bank (MCB) operates in the New York metropolitan area, offering a diverse range of banking products and services. The addressable markets for its main offerings are as follows:

    • Deposit Products (Checking, Savings, Term Deposit, Money Market Accounts, Certificates of Deposit): The total deposits for the New York-Newark-Jersey City, NY-NJ-PA, metropolitan statistical area were $620.9 billion as of June 30, 2013.
    • Real Estate Loans (Commercial Real Estate, Construction, Multi-family, One-to Four-family Real Estate Loans): The commercial real estate market in New York City is estimated to be close to $2 trillion in value.
    • Commercial and Industrial Loans: The North American commercial lending market is projected to reach USD 2,892.50 billion by 2025. Additionally, commercial lending represented 43.78% of the US commercial banking market share in 2025, with the total US commercial banking market size estimated at USD 765.53 billion in 2026.
    • Cash Management Services: The North American cash management system market had an approximate value of USD 7.95 billion in 2025. This figure is derived from North America's 39.05% share of the global cash management system market, which was valued at USD 20.35 billion in 2025. The demand for cash management services in the USA is projected to grow from USD 1.6 billion in 2025 to USD 3.7 billion by 2035.
    • Consumer Loans: Unsecured personal loan balances in the U.S. rose to $232 billion in Q2 2023.

    AI Analysis | Feedback

    Metropolitan Bank (MCB) is expected to drive future revenue growth over the next two to three years through several key strategies:
    • Strategic Commercial Lending and Specialization: Metropolitan Bank is focused on expanding its commercial lending portfolio, with a particular emphasis on specialized areas such as skilled nursing and residential healthcare lending. The bank expects to grow loans by approximately 12% in 2026, replicating its 2025 performance. This disciplined underwriting and focus on high-quality loan growth contribute significantly to revenue.
    • Diverse Deposit Vertical Expansion: The company plans to continue growing its deposit base across various verticals, including specialized solutions like EB-5 investment solutions. This expansion in core deposits helps fund loan growth and improves the bank's funding profile. Metropolitan Bank anticipates funding all planned loan growth with deposits.
    • Digital Transformation and AI Integration: Metropolitan Bank is undertaking a multi-year "Modern Banking in Motion" digital transformation program, which involves modernizing core systems, payments infrastructure, and online banking platforms. This initiative, expected to be completed by Q1 2026, aims to enhance digital capabilities, improve operational efficiency, and capture incremental growth by offering an API-enabled platform. The bank is also leveraging technology and AI to compete more effectively.
    • Net Interest Margin (NIM) Expansion: The bank anticipates a modest expansion of its net interest margin (NIM) over 2026. This is expected to be driven by a decline in the cost of funds, supported by anticipated monetary policy easing (e.g., rate cuts), and the continued repricing of its loan book.
    • Expansion of Fee-Based Income Opportunities and Geographic Reach: Management has emphasized fee-income initiatives as a part of its strategy to sustain top-tier profitability. Additionally, the bank is expanding its physical presence, with plans to open an additional private client office in West Palm Beach, Florida, in the second quarter of 2026, broadening its market reach.

    AI Analysis | Feedback

    Share Repurchases

    • Metropolitan Bank Holding Corp. announced a new share repurchase program in March 2025, authorizing the buyback of shares worth $50 million.
    • In July 2025, the company unveiled a new share repurchase initiative, allowing for the buyback of an additional $50 million of common stock, following the full utilization of the previous March 2025 authorization.
    • By the fourth quarter of 2025, the company had repurchased 293,601 shares of its common stock under the authorized plans. During the first quarter of 2025, over 228,000 shares were repurchased for $12.9 million.

    Share Issuance

    • On February 25, 2026, Metropolitan Bank Holding Corp. launched an underwritten public offering of $175.0 million of common stock.
    • The company also granted underwriters a 30-day option to purchase up to an additional 15% of the shares sold in this offering.
    • This offering was priced at $85.00 per share for 2.1 million shares, expecting gross proceeds of approximately $178.5 million, with estimated net proceeds to the company of around $169.3 million. The net proceeds are intended to support organic growth, investments in the bank subsidiary, working capital, and general corporate purposes.

    Capital Expenditures

    • Metropolitan Bank Holding Corp. reported capital expenditures (CapEx) of $0 USD for both 2025 and 2026.
    • Historical capital expenditures were reported as ($4) million in 2024, ($10) million in 2023, ($11) million in 2022, and ($7) million in 2021.
    • The company initiated a digital transformation in 2024 to modernize payment and online banking systems, with costs related to this initiative peaking in Q1 2026.

    Latest Trefis Analyses

    Title
    0ARTICLES

    Recent Active Movers

    Top Gainers

    TickerCompanyCategory1W RtnYTD Rtn
    USOUnited States Oil Fund LPCommodity10.3%97.6%
    RINGiShares MSCI Global Gold Miners ETFEquity5.9%-12.4%
    ITAiShares U.S. Aerospace & Defense ETFEquity4.1%11.9%
    PDBCInvesco Optimum Yield Diversified Com...Commodity4.1%35.5%
    DBCInvesco DB Commodity Index Tracking FundCommodity3.9%34.6%
    SLViShares Silver TrustCommodity3.6%-18.4%
    XLEState Street Energy Select Sector SPD...Equity3.4%34.2%
    FXNFirst Trust Energy AlphaDEX FundEquity3.2%34.3%
    URAGlobal X Uranium ETFEquity3.0%-6.6%
    BCIabrdn Bloomberg All Commodity Strateg...Commodity2.9%25.4%

    Top Losers

    TickerCompanyCategory1W RtnYTD Rtn
    MAGSRoundhill Magnificent Seven ETFEquity-5.6%-4.3%
    XLYState Street Consumer Discretionary S...Equity-5.2%-8.2%
    IGViShares Expanded Tech-Software Sector...Equity-5.2%-16.8%
    ARKKARK Innovation ETFEquity-4.4%-6.5%
    XOVREntrepreneurShares Series Trust ERSha...Equity-3.9%-7.9%
    XLCState Street Communication Services S...Equity-3.9%-9.4%
    NASATema Space Innovators ETFEquity-3.7%-12.1%
    ARKWARK Next Generation Internet ETFEquity-3.5%-7.4%
    ICLNiShares Global Clean Energy ETFEquity-3.2%8.2%
    AKREAkre Focus ETFEquity-2.7%-16.5%

    Top Gainers

    TickerCompanyCategory1M RtnYTD Rtn
    USOUnited States Oil Fund LPCommodity28.6%97.6%
    ETHAiShares Ethereum Trust ETFCryptocurrency17.8%-37.4%
    DBCInvesco DB Commodity Index Tracking FundCommodity13.8%34.6%
    PDBCInvesco Optimum Yield Diversified Com...Commodity13.8%35.5%
    XOPState Street SPDR S&P Oil & Gas Explo...Equity13.7%38.4%
    HGERHarbor Commodity All-Weather Strategy...Commodity13.0%30.9%
    XLEState Street Energy Select Sector SPD...Equity11.3%34.2%
    BCIabrdn Bloomberg All Commodity Strateg...Commodity11.0%25.4%
    COMTiShares GSCI Commodity Dynamic Roll S...Commodity10.1%33.1%
    FTGCFirst Trust Global Tactical Commodity...Commodity9.9%28.5%

    Top Losers

    TickerCompanyCategory1M RtnYTD Rtn
    NASATema Space Innovators ETFEquity-19.0%-12.1%
    EWYiShares MSCI South Korea ETFEquity-17.4%67.6%
    LITGlobal X Lithium & Battery Tech ETFEquity-14.1%4.5%
    ICLNiShares Global Clean Energy ETFEquity-13.2%8.2%
    SOXXiShares Semiconductor ETFEquity-12.4%75.1%
    SOXQInvesco PHLX Semiconductor ETFEquity-12.1%67.0%
    URAGlobal X Uranium ETFEquity-10.8%-6.6%
    UNGUnited States Natural Gas Fund LPCommodity-10.1%-13.9%
    SMHVanEck Semiconductor ETFEquity-9.3%55.8%
    ARKQARK Autonomous Technology & Robotics ETFEquity-8.2%-0.6%

    More From Trefis

    Research & Analysis

    Invest in Strategies

    Wealth Management

    Peer Comparisons

    Peers to compare with:

    Financials

    MCBDCOMVLYEBCEWBCMedian
    NameMetropol.Dime Com.Valley N.Eastern .East Wes. 
    Mkt Price91.0339.5614.3422.92131.0039.56
    Mkt Cap1.01.78.05.118.15.1
    Rev LTM3054732,0881,0492,9801,049
    Op Inc LTM------
    FCF LTM1291645713551,553355
    FCF 3Y Avg931315832751,481275
    CFO LTM1361695713761,652376
    CFO 3Y Avg991375832891,515289

    Growth & Margins

    MCBDCOMVLYEBCEWBCMedian
    NameMetropol.Dime Com.Valley N.Eastern .East Wes. 
    Rev Chg LTM15.8%40.8%11.6%104.0%13.8%15.8%
    Rev Chg 3Y Avg6.4%7.1%1.9%55.3%6.5%6.5%
    Rev Chg Q23.0%19.3%12.9%630.3%12.1%19.3%
    QoQ Delta Rev Chg LTM5.3%4.4%3.1%46.6%2.9%4.4%
    Op Inc Chg LTM------
    Op Inc Chg 3Y Avg------
    Op Mgn LTM------
    Op Mgn 3Y Avg------
    QoQ Delta Op Mgn LTM------
    CFO/Rev LTM44.6%35.8%27.3%35.8%55.5%35.8%
    CFO/Rev 3Y Avg35.5%35.8%30.3%41.3%55.8%35.8%
    FCF/Rev LTM42.4%34.7%27.3%33.8%52.1%34.7%
    FCF/Rev 3Y Avg33.5%34.3%30.3%39.4%54.7%34.3%

    Valuation

    MCBDCOMVLYEBCEWBCMedian
    NameMetropol.Dime Com.Valley N.Eastern .East Wes. 
    Mkt Cap1.01.78.05.118.15.1
    P/S3.23.63.84.96.13.8
    P/Op Inc------
    P/EBIT------
    P/E11.313.812.213.713.013.0
    P/CFO7.110.114.013.610.910.9
    Total Yield9.2%9.8%11.4%9.5%9.7%9.7%
    Dividend Yield0.4%2.5%3.1%2.2%2.0%2.2%
    FCF Yield 3Y Avg11.1%11.2%12.2%8.2%11.1%11.1%
    D/E0.00.40.40.10.20.2
    Net D/E-1.3-1.20.20.1-0.1-0.1

    Returns

    MCBDCOMVLYEBCEWBCMedian
    NameMetropol.Dime Com.Valley N.Eastern .East Wes. 
    1M Rtn-6.7%-0.4%-3.0%4.9%0.6%-0.4%
    3M Rtn3.7%12.8%8.1%16.0%7.5%8.1%
    6M Rtn1.9%22.1%22.5%16.0%19.2%19.2%
    12M Rtn25.9%43.9%57.7%47.8%29.7%43.9%
    3Y Rtn95.5%99.6%60.1%74.5%126.4%95.5%
    1M Excs Rtn-7.3%-0.7%-2.6%6.2%-0.5%-0.7%
    3M Excs Rtn-1.9%2.3%0.7%8.3%1.9%1.9%
    6M Excs Rtn-10.9%11.1%10.4%7.0%7.9%7.9%
    12M Excs Rtn3.1%26.3%36.8%29.1%9.8%26.3%
    3Y Excs Rtn31.1%49.1%10.8%17.5%68.4%31.1%

    Comparison Analyses

    null

    Financials

    $ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
    Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
    Filing Date5/8/20262/20/202611/7/20258/1/20255/2/20252/28/202511/8/20248/2/20245/3/20242/28/202411/3/20238/4/2023
    Key Financials Quarterly            
    Total Revenue827575736664686463605759
    Net Income31297191621121716152216
    EPS2.942.830.681.781.461.911.101.501.461.311.991.39
    Key Financials TTM            
    Total Revenue TTM305289279271263260256244238238246255
    Net Income TTM867164696767607068775558
    Growth Rates Quarterly            
    Total Revenue Growth23.0%16.6%10.8%12.9%4.7%7.4%20.4%10.1%0.9%-11.8%-14.7%-1.7%
    Net Income Growth92.2%34.7%-42.0%11.7%0.9%47.0%-44.4%8.0%-35.4%288.2%-11.6%-32.9%
    Margins Quarterly            
    Net Income Margin38.5%38.6%9.4%25.8%24.6%33.4%18.0%26.0%25.5%24.4%39.0%26.6%
    Cash & Debt            
    Total Cash1,2949459216862536828297491,032269607628
    Total Debt1611292217302457257258408547363208
    Net Debt / (Cash)-1,278-934-628-46949-225-572-492-625277-245-420
    Cash Flows Quarterly            
    FCF from Operations5531321888353525-31277
    Cash Flows TTM            
    FCF from Operations TTM136891411141311483457284285111
    Returns to Shareholders Quarterly            
    Dividends220000000000
    Share Repurchases1420338160004-02-0
    Return on Invested Capital (ROIC) Quarterly            
    ROIC----17.4%70.1%---9.4%99.3%-
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM----17.8%54.5%---12.5%61.8%-

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Single Segment315277251256181
    Total315277251256181


    Price Behavior

    Price Behavior
    Market Price$91.03 
    Market Cap ($ Bil)1.0 
    First Trading Date11/08/2017 
    Distance from 52W High-10.2% 
       50 Days200 Days
    DMA Price$94.06$84.52
    DMA Trendupup
    Distance from DMA-3.2%7.7%
     3M1YR
    Volatility32.3%34.4%
    Downside Capture82.1186.82
    Upside Capture85.9698.05
    Correlation (SPY)13.2%29.4%
    MCB Betas & Captures as of 6/30/2026

     1M2M3M6M1Y3Y
    Beta-0.050.200.280.730.791.08
    Up Beta-0.650.080.350.701.031.04
    Down Beta0.330.000.010.430.490.92
    Up Capture59%66%57%106%92%229%
    Bmk +ve Days11244067140429
    Stock +ve Days13253769124371
    Down Capture-54%-4%-1%68%76%102%
    Bmk -ve Days10172358112321
    Stock -ve Days8162656127379

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCB
    MCB19.7%34.4%0.57-
    Sector ETF (XLF)7.3%14.6%0.2745.7%
    Equity (SPY)17.6%12.7%1.0029.2%
    Gold (GLD)19.2%28.1%0.613.2%
    Commodities (DBC)34.7%19.1%1.42-13.7%
    Real Estate (VNQ)13.8%14.1%0.6928.3%
    Bitcoin (BTCUSD)-46.2%42.9%-1.3215.2%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCB
    MCB8.9%59.0%0.39-
    Sector ETF (XLF)11.1%18.5%0.4648.3%
    Equity (SPY)12.8%17.1%0.5835.6%
    Gold (GLD)17.0%18.4%0.75-3.6%
    Commodities (DBC)9.6%19.5%0.385.7%
    Real Estate (VNQ)3.0%18.9%0.0634.0%
    Bitcoin (BTCUSD)15.3%53.4%0.4710.8%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCB
    MCB9.5%56.1%0.42-
    Sector ETF (XLF)13.4%22.0%0.5653.1%
    Equity (SPY)14.9%17.9%0.7142.0%
    Gold (GLD)11.3%16.1%0.57-1.6%
    Commodities (DBC)7.2%17.9%0.3215.0%
    Real Estate (VNQ)5.2%20.7%0.2142.4%
    Bitcoin (BTCUSD)58.1%66.2%0.9814.1%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date7152026
    Short Interest: Shares Quantity0.6 Mil
    Short Interest: % Change Since 6302026-2.1%
    Average Daily Volume0.1 Mil
    Days-to-Cover Short Interest4.9 days
    Basic Shares Quantity10.7 Mil
    Short % of Basic Shares6.0%

    Returns Analyses

    Earnings Returns History

    Updated 7/20/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/21/2026-1.4%2.3%2.6%
    1/20/202613.9%12.7%18.1%
    10/23/2025-4.8%-10.4%-1.9%
    7/17/20252.1%-2.7%-4.2%
    4/21/20253.6%10.4%20.4%
    1/23/20257.9%5.2%-4.6%
    10/17/2024-6.7%-13.4%3.2%
    7/18/20243.2%-0.1%-11.9%
    ...
    SUMMARY STATS   
    # Positive171214
    # Negative71210
    Median Positive3.6%7.5%14.5%
    Median Negative-4.8%-3.7%-4.6%
    Max Positive18.0%25.0%35.0%
    Max Negative-9.3%-13.4%-26.3%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    4/21/2026-1.4%2.3%2.6%
    1/20/202613.9%12.7%18.1%
    10/23/2025-4.8%-10.4%-1.9%
    7/17/20252.1%-2.7%-4.2%
    4/21/20253.6%10.4%20.4%
    1/23/20257.9%5.2%-4.6%
    10/17/2024-6.7%-13.4%3.2%
    7/18/20243.2%-0.1%-11.9%
    4/18/202418.0%25.0%35.0%
    1/18/2024-2.2%6.8%-4.6%
    10/19/20232.8%1.5%16.8%
    7/20/2023-9.3%-4.4%-7.9%
    4/18/202317.8%-0.1%-18.7%
    1/20/2023-3.3%-0.2%-0.2%
    10/20/20221.0%7.5%12.2%
    7/21/20220.6%-0.4%12.0%
    4/21/2022-5.0%-11.3%-26.3%
    1/20/20223.8%0.4%3.1%
    10/21/20213.0%-3.2%7.6%
    7/21/20219.0%16.3%24.7%
    4/22/202110.2%14.0%18.5%
    1/21/20213.6%7.6%31.0%
    10/22/20200.0%-8.5%8.4%
    7/22/20200.0%-4.2%-2.0%
    SUMMARY STATS   
    # Positive171214
    # Negative71210
    Median Positive3.6%7.5%14.5%
    Median Negative-4.8%-3.7%-4.6%
    Max Positive18.0%25.0%35.0%
    Max Negative-9.3%-13.4%-26.3%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    03/31/202605/08/202610-Q
    12/31/202502/20/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/01/202510-Q
    03/31/202505/02/202510-Q
    12/31/202402/28/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/02/202410-Q
    03/31/202405/03/202410-Q
    12/31/202302/28/202410-K
    09/30/202311/03/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/04/202310-Q
    12/31/202202/28/202310-K
    09/30/202210/31/202210-Q
    06/30/202208/09/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    03/31/202605/08/202610-Q
    12/31/202502/20/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/01/202510-Q
    03/31/202505/02/202510-Q
    12/31/202402/28/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/02/202410-Q
    03/31/202405/03/202410-Q
    12/31/202302/28/202410-K
    09/30/202311/03/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/04/202310-Q
    12/31/202202/28/202310-K
    09/30/202210/31/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/06/202210-Q
    12/31/202103/10/202210-K
    09/30/202111/03/202110-Q
    06/30/202108/04/202110-Q
    03/31/202105/05/202110-Q
    12/31/202003/08/202110-K
    09/30/202011/04/202010-Q
    06/30/202008/05/202010-Q
    03/31/202005/05/202010-Q
    12/31/201903/09/202010-K
    09/30/201911/08/201910-Q
    06/30/201908/07/201910-Q

    Insider Activity

    Updated 7/2/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Rosenberg, NickExecutive Vice PresidentDirectSell7022026100.421,807181,4682,229,636Form
    2Rosenberg, NickExecutive Vice PresidentDirectSell7022026100.03909,0032,401,620Form
    3Rosenberg, NickExecutive Vice PresidentDirectSell6292026100.06909,0052,411,225Form
    4Rosenberg, NickExecutive Vice PresidentDirectSell6292026100.0126326,3042,419,248Form
    5Patent, Robert CDirectSell615202696.4110,000964,0778,308,898Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Rosenberg, NickExecutive Vice PresidentDirectSell7022026100.421,807181,4682,229,636Form
    2Rosenberg, NickExecutive Vice PresidentDirectSell7022026100.03909,0032,401,620Form
    3Rosenberg, NickExecutive Vice PresidentDirectSell6292026100.06909,0052,411,225Form
    4Rosenberg, NickExecutive Vice PresidentDirectSell6292026100.0126326,3042,419,248Form
    5Patent, Robert CDirectSell615202696.4110,000964,0778,308,898Form
    6Patent, Robert CDirectSell605202690.215,000451,0528,676,887Form
    7Gutman, HarveyDirectSell601202689.583,000268,7471,634,248Form
    8Dougherty, Daniel FEVP & Chief Financial OfficerDirectBuy311202679.951,00079,9502,574,150Form
    9Patent, Robert CDirectSell126202692.284,445410,2027,774,003Form
    10Patent, Robert CDirectSell126202694.644,998472,9978,866,285Form
    11Patent, Robert CDirectSell126202695.355,002476,9318,455,949Form
    12Rosenberg, NickExecutive Vice PresidentDirectSell122202690.211,250112,7682,331,040Form
    13Rosenberg, NickExecutive Vice PresidentDirectSell1212202580.4162550,2562,178,237Form
    14Fabiano, Anthony JDirectBuy1103202567.871479,978860,650Form
    15Dougherty, Daniel FEVP & Chief Financial OfficerDirectBuy1028202571.661,00071,6601,959,253Form
    16Erikson, Frederik FEVP & General CounselDirectBuy1028202568.65201,373545,630Form
    17Lublin, ScottEVP and Chief Lending OfficerDirectSell1022202574.365,000371,7953,062,027Form
    18Rosenberg, NickExecutive Vice PresidentDirectSell1021202572.4762545,2932,008,405Form
    19Rosenberg, NickExecutive Vice PresidentDirectSell918202579.471,25099,3362,252,064Form
    20Fredston, Dale CDirectSell904202578.653,000235,9541,114,334Form
    21Patent, Robert CDirectSell828202579.025,000395,0977,798,029Form
    22Mitchell, Terence JDirectSell821202572.444,796347,423958,383Form
    23Patent, Robert CDirectSell821202572.755,000363,7307,542,669Form
    24Gutman, HarveyDirectSell723202578.411,400109,7731,469,622Form
    25Lublin, ScottEVP and Chief Lending OfficerDirectSell723202578.645,000393,2223,631,724Form
    26Patent, Robert CDirectSell722202578.405,000391,9958,520,798Form
    27Patent, Robert CSiblingSell722202578.645,000393,1892,585,767Form
    28Rosenberg, NickExecutive Vice PresidentDirectSell708202575.051,25093,8142,220,702Form

    Investor Activity (13F)

    Updated Jul 26, 2026
    13F holdings as of Mar 31, 2026 (Q1 2026)

    Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Patriot Financial Partners GP II, L.P.$63.7 Mil16.4%12Hold13F
    Stieven Capital Advisors, L.P.$6.2 Mil1.3%35New13F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Stieven Capital Advisors, L.P.$6.2 Mil1.3%35New13F
    Active Manager
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Patriot Financial Partners GP II, L.P.$63.7 Mil16.4%12Hold13F
    Stieven Capital Advisors, L.P.$6.2 Mil1.3%35New13F

    Industry Resources

    External Quote Links


    Prefer one of these to Trefis? Tell us why.
    Core Cache Last Updated: 7/25/2026