Metropolitan Bank Holding Corp. remains a resilient portfolio addition, driven by strong loan origination, robust asset quality, and prudent balance sheet management. The bank's high exposure to commercial loans and stable CRE demand supports asset quality, with NPL ratio dropping to 0.54%, ensuring liquidity and safety. MCB is still fairly valued at 0.98x BVPS, offering a reasonable entry point with a 4% upside potential despite recent price appreciation.

Metropolitan Bank continues to grow its balance sheet, with rising deposits and loans, while maintaining manageable uninsured deposit levels. Despite mixed income results and asset quality below my ideal, the bank's valuation remains attractive versus peers, especially on price-to-book metrics. The company has exited riskier digital payments and crypto-related businesses, stabilizing its non-interest income and reducing exposure to volatile sectors.

Metropolitan Bank Holding Corp. (NYSE:MCB ) Q1 2025 Earnings Conference Call April 22, 2025 9:00 AM ET Company Participants Mark DeFazio - President and Chief Executive Officer Daniel Dougherty - Executive Vice President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Ynyra Bohan - Hovde Group Chris O'Connell - KBW Operator Welcome to the Metropolitan Commercial Bank's First Quarter 2025 Earnings Call. Hosting the call today from Metropolitan Commercial Bank are Mark DeFazio, President and Chief Executive Officer; and Daniel Dougherty, Executive Vice President and Chief Financial Officer.

Metropolitan Bank Holding Corp. (MCB) came out with quarterly earnings of $1.45 per share, missing the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.46 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2025 financial results after the market closes on Monday, April 21, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Tuesday, April 22, 2025, to discuss the results. To access the event by telephone, please dial 800-579-2543 (US), 785-424-1789 (INTL), and provide conference ID: MCBQ125 appro.

MCB, which did not have any share repurchase plan in place in the last two years, announces a share repurchase program worth $50 million.

NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Bank Holding Corp. (“Company”) the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”) is pleased to announce that its board of directors has approved a share repurchase plan with authorization to purchase up to fifty million dollars ($50,000,000) of the common stock of the Company (NYSE: MCB). The purpose of the strategic initiative is to demonstrate the Company's commitment to delivering total return to its investors. “.

Metropolitan Bank Holding Corp. remains solid with stable margins despite recent toppish growth, supported by prudent loan origination and diversification, especially in the CRE market. MCB maintains decent liquidity and capital adequacy, ensuring it can cover risks and crises, with a CET1 Ratio of 12% and total capital ratio of 13.3%. The stock is underpriced, trading at 0.9x book value, offering an 18% upside potential with a target price of $66.93.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The average of price targets set by Wall Street analysts indicates a potential upside of 32.8% in Metropolitan Bank Holding (MCB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.