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 Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$86.95|
|52 Week High||US$25.74|
|52 Week Low||US$87.73|
|1 Month Change||9.54%|
|3 Month Change||44.51%|
|1 Year Change||210.98%|
|3 Year Change||116.29%|
|5 Year Change||n/a|
|Change since IPO||133.67%|
Recent News & Updates
|MCB||US Banks||US Market|
Return vs Industry: MCB exceeded the US Banks industry which returned 80% over the past year.
Return vs Market: MCB exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: MCB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MCB's weekly volatility (5%) has been stable over the past year.
About the Company
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 company offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It 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.
Metropolitan Bank Holding Fundamentals Summary
|MCB fundamental statistics|
Is MCB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.49|
|Net Profit Margin||31.99%|
How did MCB perform over the long term?See historical performance and comparison
Is Metropolitan Bank Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MCB ($81.61) is trading below our estimate of fair value ($107.08)
Significantly Below Fair Value: MCB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MCB is poor value based on its PE Ratio (18.2x) compared to the US Banks industry average (11x).
PE vs Market: MCB is poor value based on its PE Ratio (18.2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: MCB is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: MCB is overvalued based on its PB Ratio (2.4x) compared to the US Banks industry average (1.1x).
How is Metropolitan Bank Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCB's forecast earnings growth (19.3% per year) is above the savings rate (2%).
Earnings vs Market: MCB's earnings (19.3% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: MCB's earnings are forecast to grow, but not significantly.
Revenue vs Market: MCB's revenue (16.7% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: MCB's revenue (16.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MCB's Return on Equity is forecast to be low in 3 years time (13.4%).
How has Metropolitan Bank Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCB has high quality earnings.
Growing Profit Margin: MCB's current net profit margins (32%) are higher than last year (27.2%).
Past Earnings Growth Analysis
Earnings Trend: MCB's earnings have grown significantly by 40.1% per year over the past 5 years.
Accelerating Growth: MCB's earnings growth over the past year (48.7%) exceeds its 5-year average (40.1% per year).
Earnings vs Industry: MCB earnings growth over the past year (48.7%) exceeded the Banks industry 36%.
Return on Equity
High ROE: MCB's Return on Equity (13.2%) is considered low.
How is Metropolitan Bank Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MCB's Assets to Equity ratio (15.9x) is moderate.
Allowance for Bad Loans: MCB has a sufficient allowance for bad loans (681%).
Low Risk Liabilities: 98% of MCB's liabilities are made up of primarily low risk sources of funding.
Loan Level: MCB has an appropriate level of Loans to Assets ratio (59%).
Low Risk Deposits: MCB's Loans to Deposits ratio (65%) is appropriate.
Level of Bad Loans: MCB has an appropriate level of bad loans (0.2%).
What is Metropolitan Bank Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark DeFazio (58 yo)
Mr. Mark R. DeFazio is President and Chief Executive Officer at Metropolitan Bank Holding Corp and its Director since 1999. Mr. DeFazio is a founding Member of Metropolitan Commercial Bank. Since its incep...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.03M) is about average for companies of similar size in the US market ($USD2.30M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: MCB's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: MCB's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MCB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.2%.
Metropolitan Bank Holding Corp.'s employee growth, exchange listings and data sources
- Name: Metropolitan Bank Holding Corp.
- Ticker: MCB
- Exchange: NYSE
- Founded: 1999
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$924.643m
- Shares outstanding: 10.63m
- Website: https://www.metropolitanbankny.com
Number of Employees
- Metropolitan Bank Holding Corp.
- 99 Park Avenue
- 12th Floor
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:04|
|End of Day Share Price||2021/09/27 00:00|
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.