Metropolitan Bank (MCB) to Release Earnings on Thursday

Metropolitan Bank (NYSE:MCB) is projected to issue its Q2 2026 results after the market closes on Thursday, July 16th. Analysts expect Metropolitan Bank to post earnings of $2.27 per share and revenue of $93.3940 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 17, 2026 at 9:00 AM ET.

Metropolitan Bank (NYSE:MCB) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $2.92 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.73. The firm had revenue of $88.49 million during the quarter, compared to analysts’ expectations of $87.33 million. Metropolitan Bank had a net margin of 15.89% and a return on equity of 10.95%.

Metropolitan Bank Trading Down 1.2%

MCB stock opened at $95.94 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.02. Metropolitan Bank has a twelve month low of $64.66 and a twelve month high of $102.04. The company has a market cap of $1.19 billion, a P/E ratio of 11.81 and a beta of 1.00. The business has a fifty day moving average of $92.68 and a 200-day moving average of $87.96.

Metropolitan Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Friday, May 1st were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, May 1st. This is a boost from Metropolitan Bank’s previous quarterly dividend of $0.20. Metropolitan Bank’s dividend payout ratio is currently 12.32%.

Analyst Upgrades and Downgrades

MCB has been the topic of several recent research reports. Wall Street Zen raised shares of Metropolitan Bank from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. UBS Group initiated coverage on shares of Metropolitan Bank in a report on Thursday, April 16th. They issued a “neutral” rating and a $97.00 price objective on the stock. Weiss Ratings raised shares of Metropolitan Bank from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Metropolitan Bank from $105.00 to $109.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $103.00.

Insider Activity

In related news, Director Robert C. Patent sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $96.41, for a total transaction of $964,100.00. Following the completion of the transaction, the director owned 86,185 shares in the company, valued at approximately $8,309,095.85. The trade was a 10.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harvey Gutman sold 3,000 shares of Metropolitan Bank stock in a transaction on Friday, May 29th. The stock was sold at an average price of $89.58, for a total transaction of $268,740.00. Following the transaction, the director directly owned 18,243 shares in the company, valued at approximately $1,634,207.94. This represents a 14.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 19,897 shares of company stock valued at $1,874,352 in the last ninety days. 5.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Metropolitan Bank

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its position in Metropolitan Bank by 70.4% in the 4th quarter. Royal Bank of Canada now owns 346 shares of the company’s stock valued at $27,000 after acquiring an additional 143 shares in the last quarter. Quarry LP bought a new stake in shares of Metropolitan Bank in the third quarter valued at about $48,000. Kestra Advisory Services LLC bought a new stake in shares of Metropolitan Bank in the fourth quarter valued at about $51,000. Tower Research Capital LLC TRC boosted its position in shares of Metropolitan Bank by 41.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,670 shares of the company’s stock worth $117,000 after buying an additional 490 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in shares of Metropolitan Bank during the second quarter worth about $208,000. 79.83% of the stock is currently owned by institutional investors and hedge funds.

About Metropolitan Bank

Metropolitan Bank (NYSE:MCB), through its principal subsidiary Metropolitan Commercial Bank, operates as a New York–based regional financial institution providing a range of commercial and consumer banking services. The company offers deposit products including checking, savings and money market accounts, as well as business and personal certificates of deposit. On the lending side, Metropolitan Bank extends commercial real estate financing, equipment loans, working capital lines of credit and consumer installment loans tailored to the needs of small- and medium-sized enterprises and individual customers.

In addition to traditional deposit and lending services, Metropolitan Bank provides specialized treasury and cash-management solutions, foreign exchange services and letters of credit for both domestic businesses and multinational clients.