Metropolitan Bank (NYSE:MCB) Director Sells $268,740.00 in Stock

Posted by George Bondi on Jun 4th, 2026

Metropolitan Bank Holding Corp. (NYSE:MCB – Get Free Report) Director Harvey Gutman sold 3,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $89.58, for a total transaction of $268,740.00. Following the transaction, the director directly owned 18,243 shares of the company’s stock, valued at approximately $1,634,207.94. This trade represents a 14.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Metropolitan Bank Stock Performance

Shares of NYSE:MCB opened at $87.17 on Thursday. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 10.74 and a beta of 1.01. The company has a 50-day moving average price of $87.89 and a 200-day moving average price of $84.39. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. Metropolitan Bank Holding Corp. has a 12 month low of $63.06 and a 12 month high of $97.84.

Metropolitan Bank (NYSE:MCB – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $2.92 EPS for the quarter, beating the consensus estimate of $2.19 by $0.73. The firm had revenue of $88.49 million during the quarter, compared to the consensus estimate of $87.33 million. Metropolitan Bank had a net margin of 15.89% and a return on equity of 10.95%.

Metropolitan Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 12th. Investors of record on Friday, May 1st were given a dividend of $0.25 per share. This is an increase from Metropolitan Bank’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 1st. Metropolitan Bank’s dividend payout ratio is presently 12.32%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on MCB shares. UBS Group started coverage on shares of Metropolitan Bank in a research report on Thursday, April 16th. They set a “neutral” rating and a $97.00 price target on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Metropolitan Bank from $105.00 to $109.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Weiss Ratings upgraded shares of Metropolitan Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Metropolitan Bank from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Metropolitan Bank currently has a consensus rating of “Buy” and a consensus price target of $95.00.

View Our Latest Research Report on Metropolitan Bank

Institutional Investors Weigh In On Metropolitan Bank

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tudor Investment Corp ET AL purchased a new stake in Metropolitan Bank in the third quarter worth about $2,185,000. American Century Companies Inc. grew its holdings in Metropolitan Bank by 8.9% in the third quarter. American Century Companies Inc. now owns 324,991 shares of the company’s stock worth $24,316,000 after purchasing an additional 26,522 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Metropolitan Bank in the third quarter worth about $1,597,000. JPMorgan Chase & Co. grew its holdings in Metropolitan Bank by 53.7% in the third quarter. JPMorgan Chase & Co. now owns 178,363 shares of the company’s stock worth $13,345,000 after purchasing an additional 62,327 shares during the period. Finally, Patriot Financial Partners GP II L.P. purchased a new stake in Metropolitan Bank in the third quarter worth about $57,229,000. Hedge funds and other institutional investors own 79.83% of the company’s stock.

Metropolitan Bank Company Profile

(Get Free Report)

Metropolitan Bank (NYSE:MCB), through its principal subsidiary Metropolitan Commercial Bank, operates as a New York–based regional financial institution providing a range of commercial and consumer banking services. The company offers deposit products including checking, savings and money market accounts, as well as business and personal certificates of deposit. On the lending side, Metropolitan Bank extends commercial real estate financing, equipment loans, working capital lines of credit and consumer installment loans tailored to the needs of small- and medium-sized enterprises and individual customers.

In addition to traditional deposit and lending services, Metropolitan Bank provides specialized treasury and cash-management solutions, foreign exchange services and letters of credit for both domestic businesses and multinational clients.