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Metropolitan Bank Q1 2024 Earnings Report

Metropolitan Bank logo
$60.66 -2.22 (-3.53%)
(As of 03:22 PM ET)

Metropolitan Bank EPS Results

Actual EPS
$1.46
Consensus EPS
$1.28
Beat/Miss
Beat by +$0.18
One Year Ago EPS
N/A

Metropolitan Bank Revenue Results

Actual Revenue
$66.71 million
Expected Revenue
$63.97 million
Beat/Miss
Beat by +$2.74 million
YoY Revenue Growth
N/A

Metropolitan Bank Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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Metropolitan Bank Earnings Headlines

Piper Sandler Increases Metropolitan Bank (NYSE:MCB) Price Target to $74.00
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About Metropolitan Bank

Metropolitan Bank (NYSE:MCB) operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company offers checking, savings, term deposit, money market, demand deposit, and other interest-bearing transaction accounts. It also provides lending products, including commercial real estate, multi-family, construction, and one-to four-family real estate loans; commercial and industrial loans; consumer loans; acquisition and renovation loans; loans to refinance or return borrower equity; loans on owner-occupied properties; working capital lines of credit; trade finance and letters of credit; and term loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit cards. The company was formerly known as Metbank Holding Corp. and changed its name to Metropolitan Bank Holding Corp. in January 2007. Metropolitan Bank Holding Corp. was incorporated in 1997 and is headquartered in New York, New York.

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