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Metropolitan Bank Holding Corp. ( NYSE: MCB ) said Monday it will exit the cryptocurrency-asset related vertical due to "recent developments" in the digital asset industry, as well as increased regulatory scrutiny of banks' involvement in such services. The move is expected to res...
Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced that it will fully exit the crypto-asset related vertical. This decision follows a careful review by the Board of Directors and management and reflects ...
Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release fourth quarter and full year 2022 financial results after the market closes on Thursday, January 19, 2023. The Company will conduct a co...
The Honorable Eric Adams, Mayor of the City of New York, has proclaimed November 17, 2022 to be “Metropolitan Commercial Bank Day.” This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221118005547/en/ N...
Metropolitan Bank Holding Corp. (MCB) Q3 2022 Earnings Conference Call October 21, 2022, 09:00 AM ET Company Participants Mark DeFazio - President and CEO Greg Sigrist - EVP and CFO Conference Call Participants Chris O’Connell - KBW Alex Lau - ...
The following slide deck was published by Metropolitan Bank Holding Corp. in conjunction with their 2022 Q3 earnings call. For further details see: Metropolitan Bank Holding Corp. 2022 Q3 - Results - Earnings Call Presentation
Metropolitan Bank press release ( NYSE: MCB ): Q3 GAAP EPS of $2.23. Revenue of $69.1M (+48.0% Y/Y). Loans Increased 28.1% Year-Over-Year Return on Average Tangible Common Equity of 17.1% Net interest margin of 3.85%, an increase of 115 basis poi...
Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release third quarter financial results after the market closes on Thursday, October 20, 2022. The Company will conduct a conference c...
Summary A strong pipeline and regional economic factors will likely ensure that loan growth remains at double-digit rates till the end of 2023. The rate sensitivity of the net interest margin is moderately high, thanks to sticky deposit costs. The December 2022 target price su...
The U.S. Federal Reserve has released guidelines for depository institutions considering cryptocurrency-related activities, according to a supervisory letter Tuesday. While the emerging crypto space presents potential opportunities to the financial system, "crypto-asset-relate...
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Strong Earnings, Liquidity, Capital and Asset Quality While Executing Strategic Initiatives Financial Highlights Loans at June 30, 2024 were $5.8 billion, an increase of $119.7 million from March 31, 2024 and $689.3 million from June 30, 2023. Total deposits at June 30, 2024...
2024-07-12 23:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter 2024 financial results after the market closes on Thursday, July 18, 2024. The Company will conduct a conference call at ...