Stock Data
$0.23 (0.23%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Metropolitan Bank Holding Corp, headquartered in New York, New York, serves as a key financial partner for small businesses, middle-market enterprises, public entities, and individuals within the New York metropolitan area. Offering a comprehensive suite of banking products and services, it specializes in various lending solutions including commercial real estate, construction loans, and consumer loans, alongside essential banking services like checking and savings accounts, online and mobile banking, and cash management. Established in 1997, it focuses on meeting the diverse financial needs of its community.
Metropolitan Bank missed EPS by 33% after a single C&I loan charge tanked earnings, yet management doubled down on shareholder returns with a 40% dividend hike and $50 million buyback, betting core momentum will recover.
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