metropolitan commercial bank, the entrepreneurial bank, is headquartered in new york city and operates full-service banking centers in manhattan; boro park, brooklyn; and great neck, long island. we are a community-focused bank that provides a broad range of business, commercial and personal banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals. in addition to our tradition of relationship-driven, one-on-one personalized service, metropolitan commercial bank offers multiple convenience delivery channels, including online banking, flexible mobile banking apps and no-fee access to over 1 million atms worldwide for our clients. the bank is also an active issuer of prepaid debit cards for an increasing number of third-party prepaid debit card programs. metropolitan commercial bank is a new york state chartered bank, an fdic member and an equal opportunity lender.
Company profile
Ticker
MCB
Exchange
Website
CEO
Mark DeFazio
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
MCB stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
22 Apr 24
DEF 14A
Definitive proxy
22 Apr 24
8-K
Metropolitan Bank Holding Corp. Reports First Quarter 2024 Results
18 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2023 Results
18 Jan 24
8-K
Daniel F. Dougherty has been appointed Executive Vice President and Chief Financial Officer of the Company and the Bank
9 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Metropolitan Bank Holding Corp. Reports Third Quarter 2023 Results
19 Oct 23
8-K/A
Submission of Matters to a Vote of Security Holders
19 Oct 23
8-K
Other Events
19 Oct 23
Transcripts
MCB
Earnings call transcript
2024 Q1
19 Apr 24
MCB
Earnings call transcript
2023 Q4
19 Jan 24
MCB
Earnings call transcript
2023 Q3
20 Oct 23
MCB
Earnings call transcript
2023 Q2
21 Jul 23
MCB
Earnings call transcript
2023 Q1
19 Apr 23
MCB
Earnings call transcript
2022 Q4
20 Jan 23
MCB
Earnings call transcript
2022 Q3
21 Oct 22
MCB
Earnings call transcript
2022 Q2
22 Jul 22
MCB
Earnings call transcript
2022 Q1
22 Apr 22
MCB
Earnings call transcript
2021 Q4
21 Jan 22
Latest ownership filings
4
Norman Scott
5 Mar 24
4
Nick Rosenberg
5 Mar 24
4
Frederik F Erikson
5 Mar 24
4
Daniel F Dougherty
5 Mar 24
4
Laura Capra
5 Mar 24
4
Gerald David Bonnar
5 Mar 24
4
Dixiana M Berrios
5 Mar 24
4
Scott Lublin
4 Mar 24
4
Mark R DeFazio
4 Mar 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 177.37 mm | 177.37 mm | 177.37 mm | 177.37 mm | 177.37 mm | 177.37 mm |
Cash burn (monthly) | 8.14 mm | 44.28 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 55.23 mm | 300.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | 122.13 mm | -123.26 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 15.0 | -2.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
83.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 101 |
Opened positions | 12 |
Closed positions | 32 |
Increased positions | 48 |
Reduced positions | 31 |
13F shares | Current |
---|---|
Total value | 309.86 bn |
Total shares | 9.28 mm |
Total puts | 937.30 k |
Total calls | 353.30 k |
Total put/call ratio | 2.7 |
Largest owners | Shares | Value |
---|---|---|
FMR | 1.01 mm | $35.00 bn |
T. Rowe Price Investment Management | 965.57 k | $33.36 bn |
BLK Blackrock | 830.44 k | $28.84 bn |
STT State Street | 666.48 k | $23.15 bn |
Vanguard | 560.22 k | $19.46 bn |
Patriot Financial Partners GP | 501.58 k | $17.42 bn |
Adage Capital Partners GP, L.L.C. | 354.50 k | $12.31 bn |
Dimensional Fund Advisors | 288.89 k | $10.03 bn |
Pacific Ridge Capital Partners | 247.52 k | $8.60 bn |
Banc Funds | 232.66 k | $8.08 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Dixiana M Berrios | Common Stock | Payment of exercise | Dispose F | No | No | 38 | 1,452 | 55.18 k | 16,959 |
1 Mar 24 | Dixiana M Berrios | Common Stock | Grant | Acquire A | No | No | 0 | 6,856 | 0.00 | 18,411 |
1 Mar 24 | Gerald David Bonnar | Common Stock | Payment of exercise | Dispose F | No | No | 38 | 664 | 25.23 k | 10,727 |
1 Mar 24 | Gerald David Bonnar | Common Stock | Grant | Acquire A | No | No | 0 | 5,768 | 0.00 | 11,391 |
1 Mar 24 | Laura Capra | Common Stock | Payment of exercise | Dispose F | No | No | 38 | 2,168 | 82.38 k | 34,801 |
1 Mar 24 | Laura Capra | Common Stock | Grant | Acquire A | No | No | 0 | 8,492 | 0.00 | 36,969 |
1 Mar 24 | Daniel F Dougherty | Common Stock | Payment of exercise | Dispose F | No | No | 38 | 231 | 8.78 k | 20,025 |
1 Mar 24 | Daniel F Dougherty | Common Stock | Grant | Acquire A | No | No | 0 | 5,470 | 0.00 | 20,256 |
1 Mar 24 | Frederik F Erikson | Common Stock | Grant | Acquire A | No | No | 0 | 1,835 | 0.00 | 1,835 |
News
Crude Oil Moves Higher; Paramount Global Shares Surge
19 Apr 24
Nasdaq Down Over 1%; Procter & Gamble Raises Profit Forecast
19 Apr 24
Metropolitan Bank Holding Q1 2024 GAAP EPS $1.46 Beats $1.30 Estimate, Sales $66.713M Beat $64.561M Estimate
18 Apr 24
Earnings Scheduled For April 18, 2024
18 Apr 24
Evaluating Metropolitan Bank Holding: Insights From 4 Financial Analysts
4 Apr 24