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Stock impact report

Metropolitan Bank Holding Corp Has Had An Excellent Run (Rating Downgrade) [Seeking Alpha]

Metropolitan Bank Holding Corp. (MCB) 
NASDAQ:AMEX Investor Relations: metropolitanbankny.com/about-us.aspx
Company Research Source: Seeking Alpha
Investing Group Leader Follow Play 9min Summary Metropolitan Bank Holding Corp. saw a 30% share price surge since late June, outperforming the S&P 500's 4.2% increase. The firm achieved strong Q2 performance, with net interest income rising to $60 million, driven by increased interest-earning assets. Despite a decline in deposits and non-interest income, the bank remains attractively priced compared to peers. Asset quality is decent but not outstanding; however, the bank's overall growth and low valuation make it a solid “buy” candidate. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Guido Mieth As a rule of thumb, you should never bank on an investment playing out the way you would like it to in a short window of time. You should always instead invest for the long haul and hope for Crude Value Insights offers you an investing service and community focused on oil Show less Read more
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