Metropolitan Bank (NYSE:MCB) Director Sells $922,900.00 in Stock

Posted by Stanley Muller on Aug 15th, 2026

Metropolitan Bank Holding Corp. (NYSE:MCB – Get Free Report) Director Robert Patent sold 10,000 shares of Metropolitan Bank stock in a transaction on Monday, August 10th. The shares were sold at an average price of $92.29, for a total value of $922,900.00. Following the sale, the director directly owned 76,185 shares in the company, valued at $7,031,113.65. The trade was a 11.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Metropolitan Bank Trading Down 0.3%

NYSE:MCB opened at $94.12 on Friday. Metropolitan Bank Holding Corp. has a 1 year low of $64.66 and a 1 year high of $102.04. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 11.91 and a beta of 0.99. The business has a fifty day moving average of $95.46 and a 200-day moving average of $90.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.97 and a current ratio of 0.97.

Metropolitan Bank (NYSE:MCB – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $1.54 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.76). Metropolitan Bank had a net margin of 14.31% and a return on equity of 10.22%. The business had revenue of $93.01 million for the quarter, compared to analyst estimates of $93.39 million.

Metropolitan Bank Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were given a $0.35 dividend. The ex-dividend date was Friday, July 31st. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. This is a boost from Metropolitan Bank’s previous quarterly dividend of $0.25. Metropolitan Bank’s payout ratio is currently 17.72%.

Institutional Investors Weigh In On Metropolitan Bank

A number of institutional investors and hedge funds have recently modified their holdings of MCB. Royal Bank of Canada boosted its stake in shares of Metropolitan Bank by 11.7% during the 1st quarter. Royal Bank of Canada now owns 7,429 shares of the company’s stock worth $416,000 after acquiring an additional 778 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Metropolitan Bank by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,257 shares of the company’s stock worth $350,000 after purchasing an additional 237 shares during the period. Empowered Funds LLC lifted its holdings in shares of Metropolitan Bank by 5.3% during the first quarter. Empowered Funds LLC now owns 42,268 shares of the company’s stock valued at $2,367,000 after purchasing an additional 2,126 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of Metropolitan Bank by 39.2% during the second quarter. Quantbot Technologies LP now owns 6,074 shares of the company’s stock valued at $425,000 after purchasing an additional 1,709 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Metropolitan Bank by 854.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 41,747 shares of the company’s stock valued at $2,922,000 after purchasing an additional 37,374 shares during the last quarter. Institutional investors and hedge funds own 79.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. UBS Group dropped their price target on shares of Metropolitan Bank from $110.00 to $100.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. Keefe, Bruyette & Woods decreased their price objective on shares of Metropolitan Bank from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Metropolitan Bank in a research note on Friday, August 7th. Finally, Wall Street Zen cut Metropolitan Bank from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Metropolitan Bank has an average rating of “Buy” and an average price target of $105.00.

Get Our Latest Stock Report on MCB

About Metropolitan Bank

(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.