Metropolitan Bank Holding Corp.
No enriched coverage for $MCB in the last 7 days.
No SEC Form 4 filings for $MCB in the last 30 days.
Metropolitan Bank Holding Corp. (MCB) held its Annual Meeting of Stockholders on April 29, 2026, where shareholders elected four directors to serve until 2029 and approved 2025 executive compensation. They also ratified Crowe LLP as the independent auditor for 2026 and approved the 2026 Employee Stock Purchase Plan. Analysts currently rate MCB stock as a Buy with a $109.00 price target.
Metropolitan Commercial Bank (MCB) has appointed Tina L. Laurie as HUD Chief Underwriter within its Lending division. Ms. Laurie brings extensive experience in HUD MAP and LEAN underwriting, having closed over 100 FHA-insured projects. Her appointment is expected to bolster MCB's commercial banking solutions, particularly in the healthcare and multifamily loan sectors.
Metropolitan Bank Holding Corp. (NYSE: MCB) reported a significant jump in Q1 2026 net income to $31.4 million, or $2.92 per diluted share, nearly double from the prior year. This strong performance was supported by a 28.3% increase in net interest income and a successful follow-on equity offering that raised approximately $186.8 million in net proceeds, enhancing the bank's capital position. The company also announced an increase in its quarterly dividend to $0.25 per share, reflecting confidence in its continued growth and financial health.
