Shares of Metropolitan Bank Holding Corp. (NYSE:MCB) traded today at $84.06, eclipsing its 52-week high. Approximately 55,000 shares have changed hands today, as compared to an average 30-day volume of 74,000 shares.
In the past 52 weeks, shares of Metropolitan Bank Holding Corp. have traded between a low of $25.62 and a high of $84.06 and is now at $84.04, which is 228% above that low price.
Metropolitan Bank Holding Corp is a bank holding company. It provides a broad 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 services provided by the company include deposits, trade finance, cash management solutions, savings, electronic banking, cards, and others. The company also provides various lending products such as acquisition loans, construction loans, and lines of credit, retail, office, hospitality, multifamily, mixed-use, warehouse and distribution, and specialty use properties. The bank derives its revenue in the form of interest incomes on loans.
Metropolitan Bank Holding Corp. (NYSE:MCB) defies analysts with a current price ($84.04) 22.9% above its average consensus price target of $64.77.
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