Metropolitan Bank Holding Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]
Metropolitan Bank Holding Corp. (MCB)
NASDAQ:AMEX Investor Relations:
metropolitanbankny.com/about-us.aspx
Company Research
Source: Yahoo! Finance
Profit margin: 18% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$1.10 (down from US$1.99 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) missed analyst estimates by 27%. Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 16% from a week ago. Before we wrap up, we've discovered 1 warning sign for Metropolitan Bank Holding that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbias
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MCB
News
- Metropolitan Commercial Bank Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025Business Wire
- Metropolitan Bank Holding Corp. (NYSE: MCB) had its price target raised by analysts at Piper Sandler from $67.00 to $74.00. They now have an "overweight" rating on the stock.MarketBeat
- Metropolitan Bank Holding Corp. (NYSE: MCB) had its price target raised by analysts at Keefe, Bruyette & Woods from $73.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
- Metropolitan Bank Holding (MCB) Soars 5.3%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- With 74% ownership in Metropolitan Bank Holding Corp. (NYSE:MCB), institutional investors have a lot riding on the business [Yahoo! Finance]Yahoo! Finance
MCB
Earnings
- 10/17/24 - Miss
MCB
Sec Filings
- 12/19/24 - Form 144
- 11/29/24 - Form S-3ASR
- 11/14/24 - Form SC
- MCB's page on the SEC website