Metropolitan Bank Holding Corp. (NYSE:MCB)

Stock Price: $33.89

+8.53 (33.64%)

Updated Mar 31, 2023 08:03 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	371.47M
Revenue	0
Gross Profit	0
Shares Out	10.96M
EPS (ttm)
PE Ratio	0.0000
Forward PE	3.9476
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Mar 31
Last Price	$33.89
Previous Close	$25.36
Change ($)	8.53
Change (%)	33.64%
Day's Open	31.18
Day's Range	29.08 - 34.646
Day's Volume	3.30M
52 Week Range	13.98 - 104.84

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About Metropolitan Bank Holding Corp.

Metropolitan Bank Holding Corp. is the holding company for Metropolitan Commercial Bank.

The Bank provides a broad range of business, commercial and personal banking products and services to small and middle-market businesses, public entities and affluent individuals in the New York metropolitan area. Founded in 1999, the Bank is headquartered in New York City and operates six locations in Manhattan, Brooklyn and Great Neck, Long Island.

The Bank is also an active issuer of debit cards for third-party debit card programs and provides critical global payments infrastructure to its FinTech partners. Metropolitan Commercial Bank is a New York State chartered commercial bank and a Federal Reserve System member bank whose deposits are insured up to applicable limits by the FDIC, and an equal opportunity lender.

Quick info

Industry

Commercial Banking

Sector

Finance and Insurance

Employees

202

CEO

Mark DeFazio

Website

www.metropolitanbankny.com

Ticker Symbol

MCB

Exchange

New York Stock Exchange

Reporting Currency

USD

News

No news found.

Metropolitan Bank Holding Corp. income statements (2020) (USD)

	September 2020	June 2020	March 2020	March 2020
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	0.94M	1.15M	1.33M	1.33M
Pretax Income	15.89M	15.76M	9M	9M
Income Tax	5.11M	4.95M	2.91M	2.91M
Minority Interest	0	0	0	0
Net Income	10.78M	10.72M	6.03M	6.03M
Net Income Basic	10.78M	10.72M	6.03M	6.03M

Metropolitan Bank Holding Corp. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	1.35M	1.56M	1.96M	1.77M
Pretax Income	11.56M	11.25M	8.94M	12.31M
Income Tax	3.70M	3.57M	2.88M	3.78M
Minority Interest	0	0	0	0
Net Income	7.74M	7.55M	5.95M	8.40M
Net Income Basic	7.74M	7.55M	5.95M	8.40M

Metropolitan Bank Holding Corp. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	N.A	N.A	N.A	N.A
Cost of Revenue	N.A	N.A	N.A	N.A
Gross Profit	N.A	N.A	N.A	N.A
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	N.A	N.A	N.A	N.A
Operating Income	N.A	N.A	N.A	N.A
Other Income Expense Net	N.A	N.A	N.A	N.A
EBIT	N.A	N.A	N.A	N.A
Interest Income	1.08M	0.99M	804K	738K
Pretax Income	8.70M	10.46M	8.50M	9.11M
Income Tax	2.42M	3.35M	2.63M	2.82M
Minority Interest	0	0	0	0
Net Income	6.27M	7.06M	5.82M	6.24M
Net Income Basic	6.27M	7.06M	5.82M	6.24M

Metropolitan Bank Holding Corp. income statements (2017) (USD)

	December 2017	September 2017
Total Revenue	N.A	N.A
Cost of Revenue	N.A	N.A
Gross Profit	N.A	N.A
Research & Development	N.A	N.A
Selling General & Admin	N.A	N.A
Operating Expense	N.A	N.A
Operating Income	N.A	N.A
Other Income Expense Net	N.A	N.A
EBIT	N.A	N.A
Interest Income	736K	849K
Pretax Income	8.54M	6.41M
Income Tax	5.22M	2.56M
Minority Interest	0	0
Net Income	3.32M	3.77M
Net Income Basic	3.32M	3.77M

Metropolitan Bank Holding Corp. balance sheet (2020) (USD)

	September 2020	June 2020	March 2020	March 2020
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	811.67M	51.80M	44.30M	44.30M
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	770.01M	31.45M	23.35M	23.35M
Property/Plant Equipment	15.91M	15.07M	14.92M	14.92M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	318.85M	307.44M	298.80M	298.80M
Other Assets	40.96M	40.35M	31.66M	31.66M
Total Assets	4B	3.97B	3.61B	3.61B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	1.55B	1.53B	1.25B	1.25B
Total Current Liabilities	1.55B	1.53B	1.40B	1.40B
Total Liabilities	3.67B	3.65B	3.30B	3.30B
Long Term Debt	77.49M	191.20M	86.93M	86.93M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	8.29M	8.29M	8.29M	8.29M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	109.05M	98.27M	87.46M	87.46M
Capital Surplus	218.36M	217.64M	216.70M	216.70M
Shareholder Equity	328.58M	317.17M	308.54M	308.54M
Other Liabilities	N.A	N.A	N.A	N.A

Metropolitan Bank Holding Corp. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	34.78M	39.77M	36.07M	33.22M
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	20.94M	20.92M	22.97M	23.65M
Property/Plant Equipment	12.10M	9.63M	6.63M	6.45M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	289.39M	281.27M	271.60M	264.05M
Other Assets	20.01M	30.09M	30.13M	25.06M
Total Assets	3.36B	3.24B	2.96B	2.55B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	1.09B	1.04B	1.10B	0.92B
Total Current Liabilities	1.24B	1.19B	1.29B	1.13B
Total Liabilities	1.97B	2.95B	2.68B	2.27B
Long Term Debt	88.19M	45.21M	45.19M	45.18M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	8.31M	8.32M	8.32M	8.32M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	81.36M	73.50M	65.82M	59.76M
Capital Surplus	216.47M	215.68M	214.88M	214.09M
Shareholder Equity	299.12M	291M	281.33M	273.79M
Other Liabilities	N.A	N.A	N.A	N.A

Metropolitan Bank Holding Corp. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	N.A	N.A	N.A	N.A
Receivables	N.A	N.A	N.A	N.A
Inventory	N.A	N.A	N.A	N.A
Current Assets	28.49M	28.66M	26.11M	384.51M
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	22.29M	16.65M	16.77M	16.57M
Property/Plant Equipment	6.88M	6.92M	7.01M	6.69M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	N.A	N.A	N.A	N.A
Tangible Assets (Net)	254.78M	247.54M	239.85M	233.31M
Other Assets	15.85M	25.07M	19.23M	15.19M
Total Assets	2.18B	1.93B	1.92B	1.97B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	799.85M	1.42B	1.43B	1.52B
Total Current Liabilities	0.98B	1.48B	1.50B	1.56B
Total Liabilities	1.92B	1.67B	1.67B	1.73B
Long Term Debt	45.17M	45.15M	45.14M	45.12M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	8.22M	8.21M	8.21M	8.19M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	51.42M	45.13M	38.02M	32.15M
Capital Surplus	213.49M	212.76M	212.10M	211.33M
Shareholder Equity	264.52M	257.27M	249.58M	243.04M
Other Liabilities	N.A	N.A	N.A	N.A

Metropolitan Bank Holding Corp. balance sheet (2017) (USD)

	December 2017	September 2017
Current Cash	N.A	N.A
Receivables	N.A	N.A
Inventory	N.A	N.A
Current Assets	281.83M	281.80M
Other Current Assets	N.A	N.A
Short Term Investments	N.A	N.A
Long Term Investments	N.A	N.A
Property/Plant Equipment	6.27M	6.01M
Good Will	N.A	N.A
Intangible Assets	N.A	N.A
Tangible Assets (Net)	227.15M	109.23M
Other Assets	17.50M	17.82M
Total Assets	1.76B	1.72B
Accounts Payable	N.A	N.A
Other Current Liabilities	1.32B	1.41B
Total Current Liabilities	1.37B	1.45B
Total Liabilities	1.52B	1.60B
Long Term Debt	48.11M	45.09M
Current Long Term Debt	42.20M	N.A
Minority Interest	0	0
Common Stock	8.20M	4.63M
Treasury Stock	N.A	N.A
Retained Earnings	25.86M	22.54M
Capital Surplus	211.15M	96.42M
Shareholder Equity	236.88M	118.96M
Other Liabilities	N.A	N.A

Metropolitan Bank Holding Corp. cash flow (2020) (USD)

	June 2020	March 2020
Net Income	10.72M	6.03M
Depreciation	N.A	1.20M
Changes in Receivables	N.A	N.A
Changes in Inventories	N.A	N.A
Cash Change	241.75M	191.71M
Cash Flow	21.02M	20.82M
Capital Expenditures	-568K	-3.79M
Investments	14.68M	41.59M
Investing Activity (other)	N.A	-2.98M
Total Investing Cash Flows	-112.57M	-58.17M
Dividends Paid	N.A	N.A
Net Borrowings	-39.75M	-1.28M
Other Financing Cash Flows	N.A	-579K
Cash Flow Financing	333.30M	229.06M
Exchange Rate Effect	N.A	N.A

Metropolitan Bank Holding Corp. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	7.74M	7.55M	5.95M	8.40M
Depreciation	N.A	N.A	N.A	454K
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-44.22M	2.05M	77.35M	123.10M
Cash Flow	-9.56M	27.04M	2.45M	21.03M
Capital Expenditures	-2.87M	-3.43M	-532K	N.A
Investments	14.94M	-140.62M	-74.66M	-151K
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-163.19M	-308.08M	-310.1M	-233.42M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	42.97M	-46M	-25M	30M
Other Financing Cash Flows	-1K	N.A	N.A	-88K
Cash Flow Financing	128.54M	283.08M	384.99M	335.49M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Metropolitan Bank Holding Corp. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	6.27M	7.06M	5.82M	6.24M
Depreciation	N.A	N.A	N.A	368K
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	78.53M	-94.72M	-121.81M	109.72M
Cash Flow	3.07M	8.70M	-36K	15.32M
Capital Expenditures	-337K	-257K	-654K	-716K
Investments	-10.26M	3.71M	-0.93M	-1.27M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-176.44M	-93.93M	-75.14M	-109.06M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	125M	-3M	30M	-9.2M
Other Financing Cash Flows	-120K	60K	N.A	-72K
Cash Flow Financing	251.90M	-9.49M	-46.63M	203.46M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Metropolitan Bank Holding Corp. cash flow (2017) (USD)

	December 2017
Net Income	3.32M
Depreciation	N.A
Changes in Receivables	N.A
Changes in Inventories	N.A
Cash Change	-5.87M
Cash Flow	7.37M
Capital Expenditures	-540K
Investments	1.52M
Investing Activity (other)	N.A
Total Investing Cash Flows	-42.02M
Dividends Paid	N.A
Net Borrowings	-1.58M
Other Financing Cash Flows	-255K
Cash Flow Financing	28.79M
Exchange Rate Effect	N.A

Metropolitan Bank Holding Corp. dividends (USD)

About

Ticker Symbol

MCB

Reporting Currency

USD

Key Executives

Kishore Sangeeta

EVP and CFO

RIEFLER LINDA H

Global Head of Research

SIMKOWITZ DANIEL A

Head of Investment Management

GORMAN JAMES P

CEO and President

MACK JOHN J

Chairman of the Board and CEO

BRODSKY JEFFREY S

Chief Human Resources Officer

CHAMMAH WALID A

Co-President

AKRAM RAJA

Deputy Chief Financial Officer

Johnston Charles D

Head of Morgan Stanley SB

SAPERSTEIN ANDREW M

Head of Wealth Management

Rosenberg Nick

EVP and CTO

Perri Gerard A

EVP and COO

FABIANO ANTHONY J

EVP and CFO

Capra Laura

EVP/Head of Retail Banking

Sigrist Greg

EVP and CFO

Berrios Dixiana M

EVP and COO

NIDES THOMAS R

Chief Operating Officer

Guarino Michael A

SVP and Legal Counsel

Scott Norman

SVP and CCO

LYNCH GARY G

Chief Legal Officer

Metropolitan Bank Holding Corp. (NYSE:MCB)

About Metropolitan Bank Holding Corp.

Quick info

News

Metropolitan Bank Holding Corp. income statements (2020) (USD)

Metropolitan Bank Holding Corp. income statements (2019) (USD)

Metropolitan Bank Holding Corp. income statements (2018) (USD)

Metropolitan Bank Holding Corp. income statements (2017) (USD)

Metropolitan Bank Holding Corp. balance sheet (2020) (USD)

Metropolitan Bank Holding Corp. balance sheet (2019) (USD)

Metropolitan Bank Holding Corp. balance sheet (2018) (USD)

Metropolitan Bank Holding Corp. balance sheet (2017) (USD)

Metropolitan Bank Holding Corp. cash flow (2020) (USD)

Metropolitan Bank Holding Corp. cash flow (2019) (USD)

Metropolitan Bank Holding Corp. cash flow (2018) (USD)

Metropolitan Bank Holding Corp. cash flow (2017) (USD)

Metropolitan Bank Holding Corp. dividends (USD)

Total Valuation

Important Dates

Share Statistics

Valuation Ratios

Stock Price Statistics

Income Statement

About

Key Executives