- Only 941 SA members follow Metropolitan Bank Holding Corp., while the last article was written on December 18, 2017. Regardless, there are three reasons to believe in the stock rally continuation.
- The market expects a rather weak growth of the EPS and revenue, which in my opinion can skyrocket, relying on the bank's balance sheet.
- NY Metro area population and growth in private business capitalization will drive MCB's operating activities.
- I've built a bank-specific DCF valuation model, that predicts MCB's undervaluation to be in the range of 77.72% to 123.22%.
- Despite all the risks described in this article, I believe Metropolitan Bank Holding is a good buy idea for value investors.
For further details see:
Metropolitan Bank Holding: Hidden Gem For Value Investors