Metropolitan Bank (MCB) announced it launched an underwritten public offering of $175M of common stock. UBS Investment Bank and Hovde Group are acting as joint book-running managers.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCB:
- Metropolitan Bank Holding Launches Major Common Stock Offering
- Metropolitan Bank’s $100 Million Buyback Plan Offers Limited, Uncertain Support for Shareholders
- The Week That Was, The Week Ahead: Macro and Markets, Jan. 25
- Metropolitan Bank price target raised to $105 from $90 at Keefe Bruyette
- Metropolitan Bank Holdings: Strong Growth, Margin and Outlook