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0 0 0.00516739446870457 0.00647743813682689 0.00465793304221263 0.00764192139737999 0.00684133915574962 -0.00087336244541488
Stock impact report

Metropolitan Bank Holding (MCB) Soars 5.3%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Metropolitan Bank Holding Corp. (MCB) 
NASDAQ:AMEX Investor Relations: metropolitanbankny.com/about-us.aspx
Company Research Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16.7% gain over the past four weeks. Metropolitan Bank Holding Corp. stock rallied for the second consecutive trading session and touched a new 52-week high of $67.35 on Friday. Bank stocks have been in the spotlight since the U.S. presidential election results. Higher chances of deregulation under Donald Trump's administration, lower interest rates and clarity on several macroeconomic factors have turned investors bullish on bank stocks. Hence, these factors drove the MCB stock higher. This company is expected to post quarterly earnings of $1.49 per share in its upcoming report, which represents a year-over-year change of +16.4%. Revenues are expected to be $64.6 million, up 1.6% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical researc Show less Read more
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