Hovde Group initiated coverage of Metropolitan Bank with a rating of Outperform and set a new price target of $50.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2025 | $75.00 → $79.00 | Outperform | Hovde Group |
| 1/27/2025 | $75.00 → $83.50 | Outperform | Hovde Group |
| 10/21/2024 | $65.50 → $68.00 | Outperform | Hovde Group |
| 9/19/2024 | $50.00 → $65.50 | Outperform | Hovde Group |
| 12/15/2023 | $60.00 | Overweight | Piper Sandler |
| 9/27/2023 | $50.00 | Outperform | Hovde Group |
Hovde Group reiterated coverage of Metropolitan Bank with a rating of Outperform and set a new price target of $79.00 from $75.00 previously
Hovde Group reiterated coverage of Metropolitan Bank with a rating of Outperform and set a new price target of $83.50 from $75.00 previously
Hovde Group reiterated coverage of Metropolitan Bank with a rating of Outperform and set a new price target of $68.00 from $65.50 previously
8-K - Metropolitan Bank Holding Corp. (0001476034) (Filer)
11-K - Metropolitan Bank Holding Corp. (0001476034) (Filer)
S-8 - Metropolitan Bank Holding Corp. (0001476034) (Filer)
Net Interest Margin increased to 3.83% Diluted EPS of $1.76 Financial Highlights Diluted earnings per share of $1.76 for the second quarter of 2025, an increase of 21.4% compared to the first quarter of 2025, inclusive of $1.6 million of digital transformation project spend, or $0.10 diluted earnings per common share, after tax. The net interest margin for the second quarter of 2025 was 3.83%, an increase of 15 basis points compared to 3.68% for the prior linked quarter and an increase of 39 basis points compared to 3.44% for the prior year period. Total loans at June 30, 2025 were $6.6 billion, an increase of $270.7 million, or 4.3%, from March 31, 2025 and $773.9 million, or 13
Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, is pleased to announce that its board of directors declared a quarterly dividend of $0.15 per share on the Company's common stock (the "Dividend"), the Company's first cash dividend since its initial public offering in 2017. The Company expects to continue to distribute regular cash dividends subject to the discretion of the board of directors and in accordance with applicable securities, corporate and banking laws, rules, regulations, and guidance. The Dividend is payable on August 11, 2025 to holders of record of the Company's common stock at the close of business on July 28,
Long-Term Lease Donation of Commercial Space to the Boro Park Jewish Community Council Metropolitan Commercial Bank (the "Bank," "MCB"), a full-service commercial bank headquartered in New York City, is proud to announce a significant donation to the Boro Park Jewish Community Council Inc. (BPJCC): a 10-year, rent free lease for a large portion of the Bank's property at 5102 13th Avenue in the heart of Boro Park, Brooklyn. The donated space—located next door to the Bank's Boro Park Banking Center—will serve as the headquarters for BPJCC and support its mission of delivering vital social services to individuals and families throughout the community. "When we purchased 5102 13th Avenue
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
4 - Metropolitan Bank Holding Corp. (0001476034) (Issuer)
The Bank has Achieved Over 800% Organic Growth Since its Founding On the Eve of the New Millennium Metropolitan Commercial Bank (the "Bank," "MCB"), a full-service commercial bank based in New York City, proudly announces its 25th anniversary, signifying a remarkable milestone in its history. Founded in 1999, Metropolitan Commercial Bank has become a trusted institution renowned for its commitment to excellence, innovation, risk management, and community engagement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624403397/en/Metropolitan Commercial Bank (Graphic: Business Wire) Reflecting on this Quarter Century Anniversary
Metropolitan Commercial Bank (the "Bank," "MCB"), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering Officer, and John M. McCaffery as Senior Vice President and Treasurer. "Metropolitan Commercial Bank is delighted to welcome Greg Gaare, a seasoned risk management professional. As MCB charts its course toward expansion, enlisting individuals from larger financial institutions with extensive risk management experience is imperative. Securing the expertise of Ted Andreades, an experienced BSA/AML offi
Michael A. Guarino to retire as General Counsel in 2024 Metropolitan Bank Holding Corp. (NYSE:MCB) (the "Company"), the holding company for Metropolitan Commercial Bank (the "Bank"), announced today the appointment of Frederik F. Erikson as Executive Vice President and General Counsel, effective September 25, 2023. He has joined the Executive Leadership Team and oversees all of the Company's and Bank's legal activities. Mr. Erikson's extensive commercial and retail banking legal career spans over two decades, primarily cultivated during his tenure at Webster Bank, N.A., based in Waterbury, Connecticut. While at Webster Bank, he held several leadership roles, including Deputy General Cou
Net Interest Margin increased to 3.83% Diluted EPS of $1.76 Financial Highlights Diluted earnings per share of $1.76 for the second quarter of 2025, an increase of 21.4% compared to the first quarter of 2025, inclusive of $1.6 million of digital transformation project spend, or $0.10 diluted earnings per common share, after tax. The net interest margin for the second quarter of 2025 was 3.83%, an increase of 15 basis points compared to 3.68% for the prior linked quarter and an increase of 39 basis points compared to 3.44% for the prior year period. Total loans at June 30, 2025 were $6.6 billion, an increase of $270.7 million, or 4.3%, from March 31, 2025 and $773.9 million, or 13
Metropolitan Bank Holding Corp. (the "Company") (NYSE:MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2025 financial results after the market closes on Thursday, July 17, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 18, 2025, to discuss the results. To access the event by telephone, please dial 800-579-2543 (US), 785-424-1789 (INTL), and provide conference ID: MCBQ225 approximately 15 minutes prior to the start time (to allow time for registration). The call will also be broadcast live over the Internet and accessible at MCB Quarterly Results Conference Call and in the Investor Relations secti
Metropolitan Bank Holding Corp. ("Company"), the publicly traded holding company of Metropolitan Commercial Bank ("MCB" or the "Bank"), announced that the capital plan recently approved by its board of directors contemplates the declaration of a quarterly cash dividend on the Company's common stock as early as the third quarter of 2025, subject to approval by the board of directors. In conjunction with the Company's recently launched common stock repurchase program, the planned dividend underscores the Company's commitment to delivering total return to its investors. Mark R. DeFazio, President and CEO of MCB and the Company, said: "Our capital plan, and in particular our intention to commen
SC 13G - Metropolitan Bank Holding Corp. (0001476034) (Subject)
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