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Metropolitan Bank Holding

NYSE:MCB
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MCB
NYSE
$355M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Metropolitan Bank Holding Corp. 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 last earnings update was 74 days ago. More info.


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MCB Share Price and Events
7 Day Returns
-1.3%
NYSE:MCB
-0%
US Banks
-1.2%
US Market
1 Year Returns
-17.2%
NYSE:MCB
-8%
US Banks
3.3%
US Market
MCB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Metropolitan Bank Holding (MCB) -1.3% -1.6% 16% -17.2% - -
US Banks -0% 2.7% -0.8% -8% 45.6% 46.1%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • MCB underperformed the Banks industry which returned -8% over the past year.
  • MCB underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Metropolitan Bank Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Metropolitan Bank Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Metropolitan Bank Holding.

NYSE:MCB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $29.28 * 5.9%
$1.74
Book Value of Equity per Share Median Book Value from the past 5 years. $29.28
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:MCB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.597 (1 + (1- 21%) (73.35%))
0.961
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.961 * 5.96%)
8.46%

Discounted Cash Flow Calculation for NYSE:MCB using Excess Returns Model Model

The calculations below outline how an intrinsic value for Metropolitan Bank Holding is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:MCB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.9% – 8.46%) * $29.28)
$-0.74
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.74 / (8.46% - 2.73%)
$-12.91
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $29.28 + $-12.91
$16.37
NYSE:MCB Discount to Share Price
Calculation Result
Value per share (USD) From above. $16.37
Current discount Discount to share price of $42.63
= -1 x ($42.63 - $16.37) / $16.37
-160.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Metropolitan Bank Holding is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Metropolitan Bank Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Metropolitan Bank Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:MCB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $3.38
NYSE:MCB Share Price ** NYSE (2019-07-19) in USD $42.63
United States of America Banks Industry PE Ratio Median Figure of 595 Publicly-Listed Banks Companies 12.72x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Metropolitan Bank Holding.

NYSE:MCB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MCB Share Price ÷ EPS (both in USD)

= 42.63 ÷ 3.38

12.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metropolitan Bank Holding is good value based on earnings compared to the US Banks industry average.
  • Metropolitan Bank Holding is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Metropolitan Bank Holding's expected growth come at a high price?
Raw Data
NYSE:MCB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
12.3%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.19x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NYSE:MCB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.6x ÷ 12.3%

1.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metropolitan Bank Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Metropolitan Bank Holding's assets?
Raw Data
NYSE:MCB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $32.90
NYSE:MCB Share Price * NYSE (2019-07-19) in USD $42.63
United States of America Banks Industry PB Ratio Median Figure of 595 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NYSE:MCB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MCB Share Price ÷ Book Value per Share (both in USD)

= 42.63 ÷ 32.90

1.3x

* Primary Listing of Metropolitan Bank Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Metropolitan Bank Holding is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Metropolitan Bank Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Metropolitan Bank Holding has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Metropolitan Bank Holding expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Metropolitan Bank Holding expected to grow at an attractive rate?
  • Metropolitan Bank Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Metropolitan Bank Holding's earnings growth is positive but not above the United States of America market average.
  • Metropolitan Bank Holding's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:MCB Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:MCB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 12.3%
NYSE:MCB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 15.1%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:MCB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MCB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 132 39 1
2020-12-31 118 35 2
2019-12-31 103 31 2
NYSE:MCB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 85 33 28
2018-12-31 80 27 25
2018-09-30 78 36 22
2018-06-30 72 33 19
2018-03-31 65 38 16
2017-12-31 56 31 12
2017-09-30 44 28 9
2017-06-30 40 23 3
2017-03-31 37 18 2
2016-12-31 35 15 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Metropolitan Bank Holding's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
  • Metropolitan Bank Holding's revenue is expected to grow by 15.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:MCB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Metropolitan Bank Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MCB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 4.68 4.68 4.68 1.00
2020-12-31 4.14 4.50 3.87 3.00
2019-12-31 3.75 3.77 3.74 3.00
NYSE:MCB Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 3.38
2018-12-31 3.12
2018-09-30 2.89
2018-06-30 2.79
2018-03-31 2.67
2017-12-31 2.40
2017-09-30 1.97
2017-06-30 0.74
2017-03-31 0.59
2016-12-31 0.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Metropolitan Bank Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Metropolitan Bank Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Metropolitan Bank Holding has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Metropolitan Bank Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Metropolitan Bank Holding's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Metropolitan Bank Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Metropolitan Bank Holding's 1-year earnings growth exceeds its 5-year average (73% vs 70.2%)
  • Metropolitan Bank Holding's earnings growth has exceeded the US Banks industry average in the past year (73% vs 37.8%).
Earnings and Revenue History
Metropolitan Bank Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Metropolitan Bank Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MCB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 85.21 27.54 35.21
2018-12-31 80.25 25.39 33.64
2018-09-30 78.26 22.43 33.83
2018-06-30 72.44 19.14 32.06
2018-03-31 65.22 15.93 29.54
2017-12-31 56.32 12.19 26.10
2017-09-30 43.66 8.92 23.93
2017-06-30 39.61 3.24 24.90
2017-03-31 37.47 2.35 24.36
2016-12-31 35.43 1.56 23.53
2015-12-31 29.91 4.18 19.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Metropolitan Bank Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Metropolitan Bank Holding used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Metropolitan Bank Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Metropolitan Bank Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Metropolitan Bank Holding has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Metropolitan Bank Holding's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Metropolitan Bank Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Metropolitan Bank Holding Company Filings, last reported 3 months ago.

NYSE:MCB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 273.79 260.18 356.05
2018-12-31 264.52 230.17 223.55
2018-09-30 257.27 105.15 154.43
2018-06-30 249.58 108.14 251.14
2018-03-31 243.04 78.12 372.95
2017-12-31 236.88 87.31 256.13
2017-09-30 118.96 88.84 267.10
2017-06-30 114.98 118.88 227.55
2017-03-31 109.49 99.04 78.67
2016-12-31 109.49 99.04 78.67
2015-12-31 75.95 116.77 59.29
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Metropolitan Bank Holding has an acceptable proportion of non-loan assets held.
  • Metropolitan Bank Holding's liabilities are made up of primarily low risk sources of funding.
  • Loans at Metropolitan Bank Holding are broadly funded by customer deposits.
  • Metropolitan Bank Holding's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Metropolitan Bank Holding has a sufficient allowance for bad loans.
  • Metropolitan Bank Holding has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Metropolitan Bank Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Metropolitan Bank Holding has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Metropolitan Bank Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Metropolitan Bank Holding dividends.
If you bought $2,000 of Metropolitan Bank Holding shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Metropolitan Bank Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Metropolitan Bank Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:MCB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 480 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:MCB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Metropolitan Bank Holding has not reported any payouts.
  • Unable to verify if Metropolitan Bank Holding's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Metropolitan Bank Holding's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Metropolitan Bank Holding has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Metropolitan Bank Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Metropolitan Bank Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Metropolitan Bank Holding has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Metropolitan Bank Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark DeFazio
COMPENSATION $4,103,930
AGE 56
CEO Bio

Mr. Mark R. DeFazio is President, CEO and Director(since 1999) at Metropolitan Bank Holding Corp. Mr. DeFazio is a founding member of Metropolitan Commercial Bank (the “Bank”). Since its inception, he has served as the Bank’s President. In 2002, he was elevated by the Board of Directors to Chief Executive Officer and President. Mr. DeFazio started his banking career in 1982. His first banking position was with Richmond County Savings Bank on Staten Island, where he held several positions in areas such as operations, auditing and real estate lending. Prior to starting with Metropolitan Commercial Bank, Mr. DeFazio was employed by Israel Discount Bank for 13 years. His last position at Israel Discount Bank was Senior Vice President and Head of Commercial Real Estate.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Metropolitan Bank Holding management team in years:

1.2
Average Tenure
57
Average Age
  • The average tenure for the Metropolitan Bank Holding management team is less than 2 years, this suggests a new team.
Management Team

Mark DeFazio

TITLE
President
COMPENSATION
$4M
AGE
56

Nick Rosenberg

TITLE
Executive VP & Head of Global Payments
COMPENSATION
$547K
AGE
47

Tony Fabiano

TITLE
Executive VP & CFO
AGE
59
TENURE
1.1 yrs

Gerard Perri

TITLE
Executive VP & COO
AGE
63
TENURE
1.6 yrs

Daniel Wong

TITLE
VP, Controller & Principal Accounting Officer
AGE
57
TENURE
1.3 yrs

Michael Giorgio

TITLE
Senior VP & CTO
TENURE
0.8 yrs

Ed Nebb

TITLE
Investor Relations Contact

David Lowery

TITLE
First VP & Head of Commercial Real Estate

Matthew McNeill

TITLE
First VP & Head of Commercial Lending

Laura Capra

TITLE
Senior Vice President of Retail Banking
Board of Directors Tenure

Average tenure and age of the Metropolitan Bank Holding board of directors in years:

8.5
Average Tenure
68
Average Age
  • The tenure for the Metropolitan Bank Holding board of directors is about average.
Board of Directors

Bill Reinhardt

TITLE
Chairman of the Board
COMPENSATION
$265K
AGE
72
TENURE
1.2 yrs

Mark DeFazio

TITLE
President
COMPENSATION
$4M
AGE
56
TENURE
20.5 yrs

David Gavrin

TITLE
Director
COMPENSATION
$115K
AGE
84
TENURE
20.5 yrs

Dale Fredston

TITLE
Director
COMPENSATION
$99K
AGE
67
TENURE
3.5 yrs

Robert Patent

TITLE
Director
COMPENSATION
$149K
AGE
69
TENURE
20.5 yrs

George Wolf

TITLE
Director
COMPENSATION
$72K
AGE
67
TENURE
18.5 yrs

Harvey Gutman

TITLE
Director
COMPENSATION
$89K
AGE
73
TENURE
11.5 yrs

Maria Ramirez

TITLE
Director
COMPENSATION
$96K
AGE
71
TENURE
5.5 yrs

David Gold

TITLE
Director
COMPENSATION
$126K
AGE
45
TENURE
3.5 yrs

Terry Mitchell

TITLE
Director
COMPENSATION
$56K
AGE
66
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • Metropolitan Bank Holding individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
02. May 19 Sell Gerard Perri Individual 02. May 19 02. May 19 -2,625 $41.60 $-108,023
05. Feb 19 Sell Mark DeFazio Individual 31. Jan 19 01. Feb 19 -4,000 $35.75 $-140,824
31. Jan 19 Sell Mark DeFazio Individual 29. Jan 19 30. Jan 19 -4,000 $35.76 $-141,007
30. Jan 19 Sell Mark DeFazio Individual 28. Jan 19 28. Jan 19 -77 $35.06 $-2,700
30. Jan 19 Sell Mark DeFazio Individual 28. Jan 19 28. Jan 19 -1,923 $36.12 $-68,280
30. Oct 18 Buy Gerard Perri Individual 29. Oct 18 29. Oct 18 225 $36.55 $8,224
10. Aug 18 Buy Anthony Fabiano Individual 10. Aug 18 10. Aug 18 750 $46.38 $34,785
09. Aug 18 Sell Gerard Perri Individual 08. Aug 18 08. Aug 18 -224 $45.92 $-10,286
09. Aug 18 Buy Gerard Perri Individual 08. Aug 18 08. Aug 18 500 $45.80 $22,900
X
Management checks
We assess Metropolitan Bank Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Metropolitan Bank Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Could Metropolitan Bank Holding Corp.'s (NYSE:MCB) Investor Composition Influence The Stock Price?

View our latest analysis for Metropolitan Bank Holding NYSE:MCB Ownership Summary, July 10th 2019 What Does The Institutional Ownership Tell Us About Metropolitan Bank Holding? … Metropolitan Bank Holding already has institutions on the share registry. … Insider Ownership Of Metropolitan Bank Holding The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

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Some Metropolitan Bank Holding (NYSE:MCB) Shareholders Are Down 24%

But in truth the last year hasn't been good for the share price. … Even though the Metropolitan Bank Holding share price is down over the year, its EPS actually improved. … A Different Perspective While Metropolitan Bank Holding shareholders are down 24% for the year, the market itself is up 4.6%.

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Who Has Been Selling Metropolitan Bank Holding Corp. (NYSE:MCB) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Metropolitan Bank Holding Corp. … The Last 12 Months Of Insider Transactions At Metropolitan Bank Holding. … In total, Metropolitan Bank Holding insiders sold more than they bought over the last year

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What You Should Know About Metropolitan Bank Holding Corp.’s (NYSE:MCB) Liquidity

As a small-cap finance stock with a market capitalisation of US$302m, the risk and profitability of Metropolitan Bank Holding Corp. … Today we will be measuring Metropolitan Bank Holding’s financial risk position by looking at three leverage and liquidity metrics. … See our latest analysis for Metropolitan Bank Holding

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If You Had Bought Metropolitan Bank Holding Stock A Year Ago, You'd Be Sitting On A 17% Loss, Today

(NYSE:MCB) shareholders over the last year, as the share price declined 17%. … Contrary to the longer term story, the last month has been good for stockholders, with a share price gain of 8.4%. … During the unfortunate twelve months during which the Metropolitan Bank Holding share price fell, it actually saw its earnings per share (EPS) improve by 30%.

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Should You Be Concerned About Metropolitan Bank Holding Corp.’s (NYSE:MCB) Risks?

As a small-cap bank with a market capitalisation of US$300m, Metropolitan Bank Holding Corp.’s (NYSE:MCB) profit and value are directly affected by economic growth. … Risk associated with repayment is measured by bad debt which is written off as an expense, impacting Metropolitan Bank Holding’s bottom line. … Today we will analyse Metropolitan Bank Holding’s level of bad debt and liabilities in order to understand the risk involved with investing in the bank.

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Have Insiders Been Buying Metropolitan Bank Holding Corp. (NYSE:MCB) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … Metropolitan Bank Holding Insider Transactions Over The Last Year. … Notably Gerard Perri was also the biggest seller, having sold US$10k worth of shares.

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Should You Be Concerned About Metropolitan Bank Holding Corp’s (NYSE:MCB) Liquidity?

As a small-cap finance stock with a market capitalisation of US$318m, the risk and profitability of Metropolitan Bank Holding Corp (NYSE:MCB) are largely tied to the underlying economic growth of the region it operates in US. … Since its financial standing can unexpectedly decline in the case of an adverse macro event such as political instability, it is important to understand how prudent the bank is at managing its risk levels. … Today we will be measuring Metropolitan Bank Holding’s financial risk position by looking at three leverage and liquidity metrics.

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Does Metropolitan Bank Holding Corp's (NYSE:MCB) October Stock Price Reflect Its Future Growth?

Metropolitan Bank Holding Corp (NYSE:MCB) is considered a high-growth stock, but its last closing price of $39.02 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … View our latest analysis for Metropolitan Bank Holding? … Metropolitan Bank Holding is poised for extremely high earnings growth in the near future

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What Do Metropolitan Bank Holding Corp (NYSE:MCB) Insiders Know That You Don't?

Metropolitan Bank Holding Corp. … 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. … Metropolitan Bank Holding's insiders have invested.

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Company Info

Description

Metropolitan Bank Holding Corp. 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. It offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. The company also provides lending products, including commercial, construction, multifamily, and one-to four-family real estate loans; commercial and industrial loans; trade finance and letters of credit, term loans, and working capital lines of credit; commercial mortgages; and consumer loans. In addition, it offers cash management solutions, such as wire transfers, ACH, and foreign exchange conversion, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. The company was founded in 1999 and is headquartered in New York, New York.

Details
Name: Metropolitan Bank Holding Corp.
MCB
Exchange: NYSE
Founded: 1999
$354,716,428
8,320,817
Website: http://www.metropolitanbankny.com
Address: Metropolitan Bank Holding Corp.
99 Park Avenue,
New York,
New York, 10016,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MCB Common Stock New York Stock Exchange US USD 08. Nov 2017
Number of employees
Current staff
Staff numbers
0
Metropolitan Bank Holding employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 04:17
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/07
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.