Metropolitan Bank Holding (MCB)
NYSE:MCB
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Metropolitan Bank Holding
(NYSE:MCB)
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Rating:65Neutral
Price Target:
$95.00
â–²(7.49% Upside)
Action:ReiteratedDate:03/17/26
The score is driven primarily by solid financial performance (growth and improved leverage) and a constructive outlook from guidance (targeting strong loan growth with defensible NIM and higher ROTCE). These positives are partially offset by weak current technicals (below key moving averages with negative MACD) and cash-flow volatility, while valuation is supportive but the dividend yield is modest.
Positive Factors
Deposit‑funded loan growth
Sustained double-digit loan growth funded primarily by a 23% deposit expansion materially lowers reliance on non-deposit funding. Deposit-funded growth supports net interest income, improves liquidity and funding cost dynamics, and provides a durable ladder for future organic revenue expansion.
Negative Factors
Volatile free cash flow
A pronounced decline and volatility in free cash flow weakens predictability of internally generated funding for growth, dividends or buybacks. Inconsistent cash conversion raises execution risk as management pursues expansion and modernization, potentially forcing external capital in adverse scenarios.
Read all positive and negative factors
Positive Factors
Negative Factors
Deposit‑funded loan growth
Sustained double-digit loan growth funded primarily by a 23% deposit expansion materially lowers reliance on non-deposit funding. Deposit-funded growth supports net interest income, improves liquidity and funding cost dynamics, and provides a durable ladder for future organic revenue expansion.
Read all positive factors
Metropolitan Bank Holding (MCB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$894.06M
Dividend Yield0.38%
Average Volume (3M)85.05K
Price to Earnings (P/E)11.4
Beta (1Y)0.98
Revenue Growth6.48%
EPS Growth8.78%
CountryUS
Employees291
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)2.77
Shares Outstanding10,116,117
10 Day Avg. Volume92,841
30 Day Avg. Volume85,050
Financial Highlights & Ratios
PEG Ratio0.90
Price to Book (P/B)1.09
Price to Sales (P/S)1.53
P/FCF Ratio9.82
Enterprise Value/Market Cap0.67
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit2.16
Enterprise Value/Ebitda6.32
Forecast
1Y Price Target
$96.50Price Target Upside9.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)9.6
Revenue Forecast (FY)$372.83M
Metropolitan Bank Holding Business Overview & Revenue Model
Company Description
Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public en...
How the Company Makes Money
Metropolitan Bank Holding primarily makes money through (1) net interest income and (2) non-interest (fee) income. Net interest income is generated by earning interest on loans and other interest-earning assets and paying interest on deposits and ...
Metropolitan Bank Holding Earnings Call Summary
Earnings Call Date:Jan 20, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 21, 2026
Earnings Call Sentiment Positive
The call presents a predominantly positive picture: the bank delivered strong full-year loan (≈13%) and deposit (≈23%) growth, improved NIM and top-line NII, eliminated $450 million of wholesale funding, showed sequential expense control, and provided constructive 2026 guidance (targeting ~12% loan growth, ~4.1% NIM and ~16% ROTCE). Lowlights include elevated Q4 prepayments that muted quarter loan growth and added one-time items (~$4.6M), modest noninterest income, a small NPA uptick (~$5M) with ongoing workouts, and near-term transformation and real estate expense headwinds. Overall, positives outweigh the manageable and largely non-recurring negatives.Positive Updates
Strong Annual Loan Growth
Loan portfolio expanded by approximately $775–$776 million for the year, representing nearly 13% year-over-year growth; total loan originations reached about $1.9 billion.
Negative Updates
Elevated Loan Prepayments Impacting Q4 Growth
Fourth-quarter loan book was essentially flat due to approximately $317 million of prepayments (about $150 million above the trailing three-quarter run rate), which reduced quarter loan growth and generated above-normal prepayment/fee income.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Annual Loan Growth
Loan portfolio expanded by approximately $775–$776 million for the year, representing nearly 13% year-over-year growth; total loan originations reached about $1.9 billion.
Read all positive updates
Company Guidance
The company’s 2026 guidance assumes two 25-basis-point Fed cuts (June and September) and targets roughly $800 million (≈12%) loan growth funded entirely with deposits, with new loan mix ~70% fixed / 30% floating and modest spread tightening (renewals assumed 25–50 bps below new origination); loan pipelines include ~$1.1 billion of inventory at a WACC of 6.94% (expect to retain 75–80% of cash flows) and management noted prior-quarter originations/draws of ~$599 million at a 7.28% WACC and Q4 prepayments of ~$317 million (~$150 million above the trailing run rate). Balance-sheet and margin assumptions include maintaining securities at ~10–12% of footings, using a generic cost of funds = Fed funds −50 bps, hedged indexed deposits of $1.0 billion (positive carry at an effective Fed funds ≈3.5%), a modestly expanding annual NIM of about 4.1% (Q4 NIM 4.1%, adjusted ~4.02%), and continued deposit-led funding after deposits grew ~$1.4 billion (≈23% YoY; Q4 +$34 million, ≈4.3%) with cost of interest-bearing deposits down 43 bps QoQ. On the P&L, management expects noninterest income growth of 5–10%, operating expenses of $189–191 million (including $3 million Q1 digital spend, ~$1 million incremental 2026 premises expense toward a $2.2 million run rate, and ~$6 million of deposit-vertical fees), and a forecasted ROTCE approaching 16% (with TCE trending from the high‑8s toward the low‑9s).Metropolitan Bank Holding Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
71
Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 527.15M | 492.21M | 403.31M | 287.33M | 196.98M |
| Gross Profit | 277.51M | 270.66M | 238.46M | 245.63M | 176.88M |
| EBITDA | 101.51M | 85.67M | 114.06M | 106.61M | 94.63M |
| Net Income | 71.10M | 66.69M | 77.27M | 59.42M | 60.55M |
Balance Sheet | |||||
| Total Assets | 8.26B | 7.30B | 7.07B | 6.27B | 7.12B |
| Cash, Cash Equivalents and Short-Term Investments | 591.02M | 267.16M | 269.46M | 257.42M | 2.93B |
| Total Debt | 80.93M | 457.44M | 546.59M | 257.73M | 57.17M |
| Total Liabilities | 7.51B | 6.57B | 6.41B | 5.69B | 6.56B |
| Stockholders Equity | 743.11M | 729.83M | 659.02M | 575.90M | 556.99M |
Cash Flow | |||||
| Free Cash Flow | 82.42M | 145.83M | 36.68M | 66.65M | 33.28M |
| Operating Cash Flow | 88.68M | 148.46M | 42.43M | 85.89M | 37.28M |
| Investing Cash Flow | -762.96M | -369.61M | -775.45M | -1.23B | -1.30B |
| Financing Cash Flow | 867.60M | 151.96M | 745.07M | -958.47M | 2.76B |
Metropolitan Bank Holding Technical Analysis
Positive
88.38
Price Trends
86.81
Positive
82.38
Positive
77.91
Positive
Market Momentum
0.27
Negative
65.66
Neutral
93.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MCB, the sentiment is Positive. The current price of 88.38 is above the 20-day moving average (MA) of 81.78, above the 50-day MA of 86.81, and above the 200-day MA of 77.91, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 65.66 is Neutral, neither overbought nor oversold. The STOCH value of 93.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MCB.
Metropolitan Bank Holding Risk Analysis
Metropolitan Bank Holding disclosed 37 risk factors in its most recent earnings report. Metropolitan Bank Holding reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Metropolitan Bank Holding Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $1.04B | 10.55 | 13.05% | 3.21% | 3.86% | 12.33% | |
74 Outperform | $1.24B | 9.18 | 13.88% | 1.70% | 4.33% | -2.20% | |
68 Neutral | $875.19M | 10.73 | 11.65% | 3.39% | 1.22% | 15.97% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $894.06M | 11.38 | 8.80% | 0.38% | 6.48% | 8.78% | |
56 Neutral | $971.94M | 37.40 | 3.37% | 1.34% | 6.45% | 8.32% | |
53 Neutral | $888.77M | 8.03 | -20.64% | 3.50% | -78.64% | -913.67% |
* Financial Sector Average
MCB
Metropolitan Bank Holding
88.38
39.20
79.72%
CPF
Central Pacific Financial
33.29
10.04
43.17%
HBNC
Horizon Bancorp
17.35
4.84
38.67%
EQBK
Equity Bancshares
46.30
11.83
34.33%
AMAL
Amalgamated Bank
41.50
15.75
61.18%
HBT
HBT Financial
28.24
7.61
36.91%
Metropolitan Bank Holding Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Metropolitan Bank Expands Equity Offering to Strengthen Capital
Positive
Mar 16, 2026
On March 12, 2026, the underwriters of Metropolitan Bank Holding Corp.’s recent common stock offering exercised a portion of their 30-day overallotment option to purchase an additional 213,395 shares. The company completed the issuance and s...
Business Operations and StrategyFinancial Disclosures
Metropolitan Bank Highlights Tech-Driven Growth at 2026 Investor Day
Positive
Mar 2, 2026
Metropolitan Bank Holding Corp. held its 2026 Investor Day on March 3, 2026, outlining its focus on commercial lending, including skilled nursing and residential healthcare, diverse deposit verticals such as EB-5 investment solutions, and its tech...
Business Operations and StrategyPrivate Placements and Financing
Metropolitan Bank Holding Launches Common Stock Offering
Positive
Feb 26, 2026
On February 25, 2026, Metropolitan Bank Holding Corp. entered into an underwriting agreement with UBS Securities and Hovde Group for a registered public offering of 2,100,000 shares of common stock at $85.00 per share, with a 30-day option for und...
Business Operations and StrategyPrivate Placements and Financing
Metropolitan Bank Highlights Growth Strategy and Equity Raise
Positive
Feb 25, 2026
Metropolitan Bank Holding Corp., a relationship-based commercial bank with specialized strengths in commercial real estate and commercial and industrial lending, has evolved from a small startup in 1999 into a scaled platform with more than $1.5 b...
Business Operations and StrategyPrivate Placements and Financing
Metropolitan Bank Holding Launches Major Common Stock Offering
Positive
Feb 25, 2026
On February 25, 2026, Metropolitan Bank Holding Corp. announced it had launched an underwritten public offering of $175 million of common stock, with an expected 30-day option for underwriters to buy up to 15% additional shares. The size, timing a...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Metropolitan Bank Holding Reports Strong Q4 2025 Earnings
Positive
Jan 20, 2026
On January 20, 2026, Metropolitan Bank Holding Corp. reported a sharp improvement in fourth-quarter 2025 earnings, with net income rising to $28.9 million, or $2.77 per diluted share, from $7.1 million in the prior quarter and $21.4 million a year...
Dividends
Metropolitan Bank Holding Raises Quarterly Common Stock Dividend
Positive
Jan 16, 2026
On January 16, 2026, Metropolitan Bank Holding Corp.’s board of directors approved a higher quarterly cash dividend of $0.20 per share on its common stock, up from $0.15 per share previously, underscoring confidence in the company’s fi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.