Metropolitan Bank Holding First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Metropolitan Bank Holding Corp. (MCB)
NASDAQ:AMEX Investor Relations:
metropolitanbankny.com/about-us.aspx
Company Research
Source: Yahoo! Finance
Net income: US$16.2m (down 35% from 1Q 2023). Profit margin: 25% (down from 39% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$1.46 (down from US$2.26 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Metropolitan Bank Holding Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 28% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Metropolitan Bank Holding's balance sheet. Have feedback on
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MCB
News
- Metropolitan Commercial Bank Celebrates Quarter Century Anniversary [Yahoo! Finance]Yahoo! Finance
- Metropolitan Commercial Bank Celebrates Quarter Century AnniversaryBusiness Wire
- Here's Why Metropolitan Bank (MCB) Stock is Worth Betting On [Yahoo! Finance]Yahoo! Finance
- Is Metropolitan Bank Holding (MCB) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Metropolitan Bank Holding (MCB) Stock? [Yahoo! Finance]Yahoo! Finance
MCB
Earnings
- 4/18/24 - Beat
MCB
Analyst Actions
- 4/4/24 - JP Morgan
MCB
Sec Filings
- 6/12/24 - Form 4
- 6/11/24 - Form 4
- 5/30/24 - Form 3
- MCB's page on the SEC website