Metropolitan Bank (NYSE:MCB) Director Sells $964,100.00 in Stock

Posted by George Bondi on Jun 18th, 2026

Metropolitan Bank Holding Corp. (NYSE:MCB – Get Free Report) Director Robert Patent sold 10,000 shares of Metropolitan Bank stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $96.41, for a total value of $964,100.00. Following the sale, the director owned 86,185 shares of the company’s stock, valued at approximately $8,309,095.85. This represents a 10.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Metropolitan Bank Stock Down 2.7%

Shares of Metropolitan Bank stock opened at $93.33 on Thursday. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 11.49 and a beta of 1.01. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.99 and a quick ratio of 0.99. Metropolitan Bank Holding Corp. has a 52-week low of $64.25 and a 52-week high of $97.84. The stock has a 50-day simple moving average of $90.10 and a 200-day simple moving average of $85.94.

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

Metropolitan Bank Increases Dividend

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

Wall Street Analyst Weigh In

MCB has been the subject of several analyst reports. UBS Group initiated coverage on Metropolitan Bank in a report on Thursday, April 16th. They issued a “neutral” rating and a $97.00 target price for the company. Keefe, Bruyette & Woods boosted their target price on Metropolitan Bank from $105.00 to $109.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Weiss Ratings upgraded Metropolitan Bank from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, Wall Street Zen upgraded Metropolitan Bank from a “hold” rating to a “buy” rating in a report on Saturday, April 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $103.00.

Get Our Latest Stock Report on Metropolitan Bank

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC bought a new position in Metropolitan Bank in the 1st quarter worth approximately $1,473,000. Bank of America Corp DE increased its position in Metropolitan Bank by 611.9% in the 1st quarter. Bank of America Corp DE now owns 141,613 shares of the company’s stock worth $11,795,000 after buying an additional 121,721 shares during the period. Royal Bank of Canada increased its position in Metropolitan Bank by 272.0% in the 1st quarter. Royal Bank of Canada now owns 1,287 shares of the company’s stock worth $108,000 after buying an additional 941 shares during the period. Quantinno Capital Management LP increased its position in Metropolitan Bank by 26.0% in the 1st quarter. Quantinno Capital Management LP now owns 8,112 shares of the company’s stock worth $676,000 after buying an additional 1,676 shares during the period. Finally, Lazard Asset Management LLC increased its position in Metropolitan Bank by 6.3% in the 1st quarter. Lazard Asset Management LLC now owns 6,026 shares of the company’s stock worth $502,000 after buying an additional 355 shares during the period. 79.83% of the stock is owned by institutional investors.

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.