Here's Why Metropolitan Bank (MCB) Stock is Worth Betting On [Yahoo! Finance]
Metropolitan Bank Holding Corp. (MCB)
NASDAQ:AMEX Investor Relations:
metropolitanbankny.com/about-us.aspx
Company Research
Source: Yahoo! Finance
Moreover, a solid market presence and initiatives to boost operational efficiency will further aid financials. Over the past 60 days, the Zacks Consensus Estimate for 2024 and 2025 earnings has moved north by 3.2% and 1.4%, respectively. MCB currently carries a Zacks Rank #2 (Buy). Over the past three months, shares of Metropolitan Bank have gained 7.7% against the industry's decline of 5.1%. Image Source: Zacks Investment Research Let's dive deeper into the reasons that make MCB stock a lucrative bet now. Earnings Growth: Metropolitan Bank witnessed earnings growth of 23.1% over the past three to five years, significantly outperforming the industry average of 6.8%. This was driven by strong revenue growth and deposit franchise, and sustained acquisition of full retail relationships. Moreover, at the beginning of 2024, MCB began implementing an innovative digital transformation project to enhance its capabilities and operational efficiency. This is further likely to aid bo
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MCB
News
- Metropolitan Bank Holding Corp Has Had An Excellent Run (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Investing in Metropolitan Bank Holding (NYSE:MCB) a year ago would have delivered you a 46% gain [Yahoo! Finance]Yahoo! Finance
- Metropolitan Commercial Bank Unveils Enhanced Website ExperienceBusiness Wire
- Metropolitan Bank Holding Corp. (NYSE: MCB) is now covered by analysts at Hovde Group. They set an "outperform" rating and a $65.50 price target on the stock.MarketBeat
- Metropolitan Bank Holding (NYSE:MCB) Ticks All The Boxes When It Comes To Earnings Growth [Yahoo! Finance]Yahoo! Finance
MCB
Earnings
- 7/18/24 - Miss
MCB
Sec Filings
- 8/2/24 - Form 10-Q
- 7/25/24 - Form 4
- 7/24/24 - Form 144
- MCB's page on the SEC website