Metropolitan Bank Holding Corp (N:MCB)

Business Focus: Commercial Banks

Apr 05, 2024 06:10 pm ET

Metropolitan Bank Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter 2024 financial results after the market closes on Thursday, April 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, April 19, 2024, to discuss the results.

Feb 29, 2024 04:05 pm ET

Metropolitan Commercial Bank Bolsters Risk Management and Finance Teams with Experienced Large Bank Veterans

Metropolitan Commercial Bank (the “Bank,” “MCB”), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering Officer, and John M. McCaffery as Senior Vice President and Treasurer.

Jan 18, 2024 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2023 Results

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023 compared to a net loss of $7.7 million, or $0.71 per diluted common share, for the fourth quarter of 20222. Net income for the year 2023 was $77.3 million, or $6.91 per diluted common share, compared to net income of $59.4 million, or $5.29 per diluted common share, for the year 20222.

Jan 05, 2024 01:23 pm ET

Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Date

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 2023 financial results after the market closes on Thursday, January 18, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 19, 2024, to discuss the results.

Nov 06, 2023 04:05 pm ET

Metropolitan Bank Holding Corp. Promotes Treasurer to CFO

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the parent company of Metropolitan Commercial Bank (the “Bank”), is pleased to announce the promotion of Daniel F. Dougherty, CFA, to Executive Vice President and Chief Financial Officer, effective November 6, 2023. Mr. Dougherty assumes this role following the resignation of Greg Sigrist on October 31, 2023. He will report directly to Mark R. DeFazio, President and Chief Executive Officer. In his new capacity, Mr. Dougherty will oversee treasury, investor relations, tax, capital planning, accounting, and financial reporting.

Oct 26, 2023 07:05 am ET

Metropolitan Commercial Bank Elevates Two Seasoned EB-5 Specialists to Co-Head the EB-5 Private Client Group

Metropolitan Commercial Bank (the “Bank”) has announced the promotions of April Feely and James M. Sozomenou as Co-Heads of Metropolitan Commercial Bank’s EB-5 Private Client Group. In this dual leadership role, they will continue to provide comprehensive banking services and products tailored for stakeholders in the United States Citizen and Immigration Services EB-5 Immigrant Investor Program. Ms. Feely and Mr. Sozomenou will lead the team with the support of their long-standing colleagues in serving the needs of investors, developers, Regional Centers, government agencies, law firms, and co

Oct 19, 2023 04:15 pm ET

Metropolitan Bank Holding Corp. Reports Third Quarter 2023 Results

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $22.1 million, or $1.97 per diluted common share, for the third quarter of 2023 compared to net income of $25.0 million, or $2.23 per diluted common share, for the third quarter of 2022.

Oct 19, 2023 04:05 pm ET

Metropolitan Commercial Bank Announces Settlements with Federal Reserve and New York State Department of Financial Services

Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Bank has entered into Consent Orders with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and the New York State Department of Financial Services (“DFS”) to resolve Federal Reserve and DFS concerns related to the Bank’s relationship with a program manager that processed government stimulus funds and expanded unemployment insurance benefits during the COVID-19 pandemic and was a target of fraud.

Oct 17, 2023 04:25 pm ET

Metropolitan Commercial Bank Partners with Finzly for Advanced Payment Processing

Metropolitan Commercial Bank (the “Bank”) is pleased to announce a partnership with leading cloud-based payments platform, Finzly. By leveraging Finzly's modern payment hub, Metropolitan Commercial Bank aims to transform its payment processing operations on ACH, Fedwire, and FedNow. The Bank recognizes the importance of offering innovative and secure payment solutions to meet the changing needs of its customers.

Oct 05, 2023 05:08 pm ET

Metropolitan Bank Holding Corp. Announces Third Quarter 2023 Earnings Release and Conference Call Date

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 19, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 20, 2023, to discuss the results.

Oct 04, 2023 04:30 pm ET

Metropolitan Bank Holding Corp. Names Frederik F. Erikson General Counsel

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), announced today the appointment of Frederik F. Erikson as Executive Vice President and General Counsel, effective September 25, 2023. He has joined the Executive Leadership Team and oversees all of the Company’s and Bank’s legal activities.

Jul 20, 2023 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Second Quarter 2023 Results

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $15.6 million, or $1.37 per diluted common share, for the second quarter of 2023 compared to net income of $23.2 million, or $2.07 per diluted common share, for the second quarter of 2022.

Jul 06, 2023 06:03 pm ET

Metropolitan Bank Holding Corp. Announces Second Quarter 2023 Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter financial results after the market closes on Thursday, July 20, 2023. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 21, 2023, to discuss the results.

Jun 06, 2023 11:56 am ET

International Merchant Bank Limited secures from Metropolitan Commercial Bank of New York, USA a Correspondent Banking Relationship

NEVIS, St. Kitts and Nevis, June 6, 2023 /PRNewswire/ -- International Merchant Bank Limited (IMBL), an International Bank licensed and regulated by the Nevis Financial Services Regulatory Commission (NFSRC) based in St. Kitts and Nevis, and Metropolitan Commercial Bank (MCB) [Member FDIC], a New York State chartered commercial bank in the United States of America, have commenced a Correspondent Banking relationship for a minimum term of five years.

May 26, 2023 01:00 am ET

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE:MCB) for violations of the securities laws.

May 24, 2023 10:40 pm ET

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE:MCB) for violations of the securities laws.

May 24, 2023 07:05 am ET

Metropolitan Commercial Bank Bolsters It’s Commercial Lending and Deposit Vertical with a Former JP Morgan and PNC Bank Expert – Anthony Ter-Gevondyan

Metropolitan Commercial Bank (the “Bank”), a New York City-based full-service commercial bank, announced today the appointment of Anthony Ter-Gevondyan as Vice President, Commercial Lending Officer.

May 23, 2023 01:30 am ET

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE: MCB) for violations of the securities laws.

May 23, 2023 01:30 am ET

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

May 17, 2023 07:05 am ET

Metropolitan Commercial Bank Furthers its Reach in the Title and Escrow Deposit Vertical

Metropolitan Commercial Bank (the “Bank”), a New York City-based full-service commercial bank, announced today the further expansion of their Title and Escrow Deposit Vertical with the appointment of two veteran Title and Escrow banking professionals from Fifth Third Bank.

May 17, 2023 03:30 am ET

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE:MCB) for violations of the securities laws.

May 16, 2023 02:00 pm ET

INVESTIGATION ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE:MCB) for violations of the securities laws.

May 15, 2023 06:00 pm ET

MCB INVESTOR NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation – MCB

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank, resulting...

May 14, 2023 03:30 pm ET

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 14, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("Metropolitan Bank" or "the Company") (NYSE: MCB) for violations of the securities laws.

May 12, 2023 08:00 pm ET

MCB INVESTOR NEWS: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation - MCB

NEW YORK, May 12, 2023 /PRNewswire/ --

May 12, 2023 05:05 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

Pomerantz LLP is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. (“MCB” or the “Company”) (NYSE: MCB). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980....

May 10, 2023 08:40 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

NEW YORK, May 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("MCB" or the "Company") (NYSE: MCB). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

May 10, 2023 02:48 pm ET

MCB INVESTOR NEWS: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation – MCB

May 10, 2023 07:05 am ET

Metropolitan Commercial Bank Mixes Charter School Support with Deposit Vertical Growth

Metropolitan Commercial Bank (the “Bank”), a New York City-based full-service commercial bank, announced today its commitment to supporting the business side of students, teachers and administrators at Charter Schools throughout New York City.

May 02, 2023 10:25 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

NEW YORK, May 2, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("MCB" or the "Company") (NYSE: MCB). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Apr 30, 2023 08:00 pm ET

MCB INVESTOR NEWS: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation - MCB

NEW YORK, April 30, 2023 /PRNewswire/ --

Apr 24, 2023 01:48 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

Apr 22, 2023 10:45 am ET

ROSEN, A LEADING LAW FIRM, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation - MCB

NEW YORK, April 22, 2023 /PRNewswire/ --

Apr 19, 2023 09:41 pm ET

MCB INVESTOR NEWS: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation – MCB

Apr 19, 2023 05:54 am ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

NEW YORK, April 19, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. ("MCB" or the "Company") (NYSE: MCB). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Apr 18, 2023 04:05 pm ET

Metropolitan Bank Holding Corp. Reports First Quarter 2023 Results

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $25.1 million, or $2.25 per diluted common share, for the first quarter of 2023 compared to net income of $19.0 million, or $1.69 per diluted common share, for the first quarter of 2022.

Apr 16, 2023 03:17 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

Apr 13, 2023 02:02 pm ET

MCB LOSS ALERT: ROSEN, A LEADING LAW FIRM, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation - MCB

NEW YORK, April 13, 2023 /PRNewswire/ --

Apr 11, 2023 09:30 am ET

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metropolitan Bank Holding Corp. (“Metropolitan Bank” or “the Company”) (NYSE:

Apr 10, 2023 04:02 pm ET

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Metropolitan Bank Holding Corp. and Encourages Investors with Losses to Contact the Firm

Apr 10, 2023 09:57 am ET

MCB LOSS ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation – MCB

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Metropolitan Bank Holding Corp. (NYSE: MCB) resulting from allegations that MCB may have issued materially misleading business information to the investing public.

Apr 09, 2023 01:33 am ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Metropolitan Bank Holding Corp. - MCB

Apr 05, 2023 04:32 pm ET

Metropolitan Bank Holding Corp. Announces First Quarter 2023 Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter financial results after the market closes on Tuesday, April 18, 2023. The Company will conduct a conference call at 8:30 a.m. ET on Wednesday, April 19, 2023, to discuss the results.

Mar 31, 2023 03:07 pm ET

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Metropolitan Bank Holding Corp. (MCB) Investigation

Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Metropolitan Bank Holding Corp. (“MCB” or the “Company”) (NYSE: MCB). Investors who purchased MCB securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/mc

Mar 30, 2023 04:41 pm ET

Metropolitan Commercial Bank Issues Updated Financial Information

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”) today updated the following financial information (unaudited):

Mar 28, 2023 07:05 am ET

Metropolitan Commercial Bank Recognized as #9 in S&P Global’s 2022 Ranking of Best-Performing Large Community Banks

Metropolitan Commercial Bank (the “Bank”), the wholly owned subsidiary of Metropolitan Bank Holding Corp. (NYSE: MCB), today announced that the Bank was recognized for the fourth consecutive year in S&P Global Market Intelligence’s annual ranking of the best-performing community banks with assets between $3 billion and $10 billion.

Jan 20, 2023 07:05 am ET

Metropolitan Bank Holding Corp. Reports Fourth Quarter 2022 and Full Year 2022 Results

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported a net loss of $7.7 million, or $0.71 per diluted common share, for the fourth quarter of 2022, compared to net income of $18.9 million, or $1.69 per diluted common share, for the fourth quarter of 2021. Adjusted net income1 for the fourth quarter of 2022 was $27.3 million, or $2.43 per diluted common share after removing the impact of the regulatory settlement reserve. Net income for the year 2022 was $59.4 million, or $5.29 per diluted common shar

Jan 09, 2023 07:05 am ET

Metropolitan Bank Holding Corp. to Exit Crypto-Asset Related Vertical

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 recent developments in the crypto-asset industry, material changes in the regulatory environment regarding banks’ involvement in crypto-asset related businesses, and a strategic assessment of the business case for MCB’s further involvement at this time.

Jan 05, 2023 04:05 pm ET

Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call Date

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 conference call at 9:00 a.m. ET on Friday, January 20, 2023, to discuss the results.

Nov 18, 2022 02:31 pm ET

New York City Mayor, Eric Adams, Proclaims November 17, 2022 “Metropolitan Commercial Bank Day”

The Honorable Eric Adams, Mayor of the City of New York, has proclaimed November 17, 2022 to be “Metropolitan Commercial Bank Day.”

Oct 20, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Quarterly Net Income

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $25.0 million, or $2.23 per diluted common share, for the third quarter of 2022 compared to net income of $16.2 million, or $1.77 per diluted common share, for the third quarter of 2021.

Oct 07, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Announces Third Quarter Earnings Release and Conference Call Date

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 call at 9:00 a.m. ET on Friday, October 21, 2022, to discuss the results.

Jul 21, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Quarterly Net Income

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $23.2 million, or $2.07 per diluted common share, for the second quarter of 2022 compared to net income of $13.3 million, or $1.55 per diluted common share, for the second quarter of 2021.

Jul 12, 2022 09:00 am ET

Global Primex Launches Private, Virtual Payment Platform VLoad with Metropolitan Commercial Bank

Global Primex, a privacy-first payments company specializing in secure digital payment solutions for merchants and consumers, today announced the launch of its payment platform

Jul 07, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Announces Second Quarter Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release second quarter financial results after the market closes on Thursday, July 21, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 22, 2022, to discuss the results.

Jun 21, 2022 07:00 am ET

Metropolitan Commercial Bank Appoints Jean-Philippe Gerbi as Chief Digital Officer

Metropolitan Commercial Bank (the “Bank”), the wholly owned subsidiary of Metropolitan Bank Holding Corp. (NYSE: MCB), today announced that the Bank hired Jean-Philippe Gerbi as Senior Vice President and Chief Digital Officer. Mr. Gerbi will report to Dixiana Berrios, Executive Vice President and Chief Operating Officer. He will be responsible for the Bank’s digital platforms that support the Bank’s position as a leading commercial banking and payment solutions innovator.

May 02, 2022 09:30 am ET

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Metropolitan Bank Holding Corp. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK, May 2, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Metropolitan Bank Holding Corp. (NYSE: MCB).

Apr 21, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Quarterly Net Income

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $19.0 million, or $1.69 per diluted common share, for the first quarter of 2022 compared to net income of $12.1 million, or $1.43 per diluted common share, for the first quarter of 2021.

Apr 07, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Announces First Quarter Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced it will release first quarter financial results after the market closes on Thursday, April 21, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, April 22, 2022, to discuss the results.

Jan 20, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Reports Record Quarterly and Annual Net Income

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $18.9 million, or $1.69 per diluted common share, for the fourth quarter of 2021 compared to net income of $11.8 million, or $1.39 per diluted common share, for the fourth quarter of 2020. Net income for the year 2021 was $60.6 million, or $6.45 per diluted common share, compared to net income of $39.5 million, or $4.66 per diluted common share, for the year 2020.

Jan 07, 2022 04:05 pm ET

Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call Date

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced it will release fourth quarter and full year 2021 financial results after the market closes on Thursday, January 20, 2022. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 21, 2022, to discuss the results.

Nov 03, 2021 04:05 pm ET

Metropolitan Commercial Bank Named to Fortune’s 100 Fastest-Growing Companies for 2021

Metropolitan Commercial Bank is proud to announce that it has been included in Fortune’s 100 Fastest-Growing Companies for 2021. Fortune’s annual list ranks the top-performing publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2021.

Oct 27, 2021 04:05 pm ET

Metropolitan Bank Holding Corp. and Metropolitan Commercial Bank Appoint Two New Board Members

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”) and its wholly-owned subsidiary Metropolitan Commercial Bank (the “Bank”) announced that Chaya Pamula and Katrina A. Robinson were appointed to the Boards of Directors of both the Company and the Bank effective October 25, 2021. Ms. Pamula is an accomplished technologist, philanthropist and entrepreneur, and Ms. Robinson is a trust company CEO.

Oct 20, 2021 04:05 pm ET

Sustained Performance Drives Metropolitan Bank Holding Corp. Third Quarter Net Income of $16.2 Million and Diluted EPS of $1.77

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.2 million, or $1.77 per diluted common share, for the third quarter of 2021 compared to net income of $10.8 million, or $1.27 per diluted common share, for the third quarter of 2020.

Sep 20, 2021 04:01 pm ET

Metropolitan Bank Holding Corp. Closes Public Offering of Common Stock

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced it has completed its underwritten public offering of 2,300,000 shares of its common stock at a price of $75.00 per share, including 300,000 additional shares of common stock upon the exercise in full by the underwriters of their option to purchase additional shares.

Sep 15, 2021 06:28 pm ET

Metropolitan Bank Holding Corp. Prices Public Offering of Common Stock

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced the pricing of an underwritten public offering of 2,000,000 shares of its common stock at a price of $75.00 per share. The Company also granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock.

Sep 13, 2021 04:05 pm ET

Metropolitan Bank Holding Corp. Launches Public Offering of Common Stock

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced it launched an underwritten public offering of $150 million of common stock. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $22.5 million of common stock.

Jul 21, 2021 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Second Quarter Net Income of $13.3 Million and Diluted EPS of $1.55

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $13.3 million, or $1.55 per diluted common share, for the second quarter of 2021 compared to net income of $10.8 million, or $1.29 per diluted common share, for the second quarter of 2020.

Apr 21, 2021 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Net Income of $12 Million and Diluted EPS of $1.43 for the First Quarter

Metropolitan Bank Holding Corp. (the “Company”) (NYSE:MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $12.1 million, or $1.43 per diluted common share, for the first quarter of 2021 compared to net income of $6.1 million, or $0.72 per diluted common share, for the first quarter of 2020.

Jan 21, 2021 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Record Net Income of $11.8 Million and Diluted EPS of $1.39 for the Fourth Quarter

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $11.8 million, or $1.39 per diluted common share, for the fourth quarter of 2020 compared to net income of $7.9 million, or $0.93 per diluted common share, for the fourth quarter of 2019.

Jan 13, 2021 06:00 am ET

Metropolitan Commercial Bank Appoints Ram Puppala as Chief Digital Officer

Metropolitan Commercial Bank today announced that the Bank hired Ram Puppala as Senior Vice President and Chief Digital Officer. Mr. Puppala will report to Dixiana Berrios, Executive Vice President and Chief Operating Officer. He will be responsible for managing and scaling MCB’s digital platforms that support the Bank’s leadership position as a banking and payment solutions innovator.

Oct 21, 2020 05:38 pm ET

Metropolitan Bank Holding Corp. Reports Net Income of $10.8 Million and Diluted EPS of $1.27 for the Third Quarter

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $10.8 million, or $1.27 per diluted common share, for the third quarter of 2020, as compared to net income of $7.7 million, or $0.90 per diluted common share, for the third quarter of 2019.

Oct 13, 2020 11:00 am ET

Metropolitan Commercial Bank Hires Senior Finance Specialist

Metropolitan Commercial Bank today announced that Maryann Metlitz joined the Bank as Vice President, Commercial Lending Officer. She will report to Luke J. Kaufman, First Vice President, Head of Commercial Lending.

Sep 29, 2020 04:37 pm ET

Metropolitan Commercial Bank Hires Senior Healthcare Lender

Metropolitan Commercial Bank today announced that Danny Tommasino joined the Bank as First Vice President, Senior Healthcare Lender. He will report to Luke J. Kaufman, First Vice President, Head of Commercial Lending.

Aug 07, 2020 07:00 am ET

Metropolitan Bank Holding Corp. Appoints Greg Sigrist as Chief Financial Officer

Metropolitan Bank Holding Corp. (NYSE: MCB) ("Metropolitan" or the "Company"), the holding company for Metropolitan Commercial Bank (the "Bank"), today announced that the Company has hired Greg Sigrist as Executive Vice President and Chief Financial Officer. He will join the Company on August 10, 2020 and officially assume the role of Executive Vice President and Chief Financial Officer on September 4, 2020. He will report to Mark DeFazio, President and Chief Executive Officer, and will be responsible for accounting, financial reporting, investor relations, tax, and capital planning.

Aug 05, 2020 04:30 pm ET

Metropolitan Bank Holding Corp. Appoints Dixiana Berrios Chief Operating Officer

Jul 22, 2020 07:30 am ET

Metropolitan Bank Holding Corp. Reports Net Income of $10.8 Million Diluted EPS of $1.29 for the Second Quarter

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $10.8 million, or $1.29 per diluted common share, for the second quarter of 2020, as compared to net income of $6.1 million, or $0.71 per diluted common share, for the second quarter of 2019.

Jun 17, 2020 05:19 pm ET

Metropolitan Commercial Bank Promotes Luke J. Kaufman to Head of Commercial Lending

Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced the promotion of Luke J. Kaufman as Head of Commercial Lending, effective immediately. He will report to Scott Lublin, Executive Vice President and Chief Lending Officer and will be responsible for the overall operations of its Commercial Lending division.

Apr 20, 2020 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Net Income of $6.1 Million

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $6.1 million, or $0.72 per diluted common share, for the first quarter of 2020, as compared to net income of $8.5 million, or $1.01 per diluted common share, for the first quarter of 2019. Net income for the first quarter of 2020 included a provision for loan losses of $3.1 million due to the impact of the Coronavirus (“COVID-19”). The first quarter of 2019 included a $4.3 million recovery of taxi medallion loans previously charged-off. Ex

Apr 08, 2020 04:00 pm ET

Metropolitan Bank Holding Corp. Changes its Annual Shareholders Meeting to a Virtual Format

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank, today announced that the location of the Annual Meeting of Stockholders of the Company has been changed. As previously announced, the annual meeting will be held on Tuesday, April 21, 2020 at 9:30 a.m., local time. However, due to the public health concerns regarding the coronavirus (COVID-19) and the restrictions on in-person gatherings, and to support the health and well-being of our employees, directors and stockholders, the Annual Meeting will be held in a virtual meeting form

Jan 22, 2020 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Sustained Growth in Earnings Diluted EPS of $0.93 for the Fourth Quarter

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $7.9 million, or $0.93 per diluted common share, for the fourth quarter of 2019, as compared to $6.3 million, or $0.75 per diluted common share, for the fourth quarter of 2018.

Oct 23, 2019 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Sustained Growth in Earnings, Loans and Deposits

Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), today reported net income of $7.7 million, or $0.90 per diluted common share, for the third quarter of 2019, as compared to $7.1 million, or $0.85 per diluted common share, for the third quarter of 2018.

Oct 01, 2019 04:30 pm ET

Metropolitan Commercial Bank Announces Partnership With MoneyGram Through Debit Card Deposit Service

Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”) today announced they partnered with MoneyGram (NASDAQ:MGI), a global provider of innovative money transfer services, to launch a new debit card deposit service designed to simplify deposit, withdrawal and exchange services for customers of Metropolitan Commercial Bank and MoneyGram.

Sep 25, 2019 08:00 am ET

Metropolitan Bank Holding Corp. Announces Appointment of Imran Riaz as New Chief Credit Risk Officer Following the Retirement of Karen Rojeski

Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that it has appointed Imran Riaz as its new Senior Vice President and Chief Credit Risk Officer following the retirement of Karen Rojeski, Executive Vice President and Chief Credit Risk Officer of the Bank, which became effective on September 20, 2019. Ms. Rojeski will remain with the Bank as a consultant to assist with the transition through December 31, 2019.

Jul 24, 2019 04:00 pm ET

Metropolitan Bank Holding Corp. Reports Core Earnings Growth and Sustained Growth in Loans and Deposits

For the six months ended June 30, 2019, the Company reported net income of $14.6 million, or $1.72 per diluted common share, compared to $12.2 million, or $1.46 per diluted common share, for the six months ended June 30, 2018.

Apr 24, 2019 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Record Growth in Loans and Deposits

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $8.5 million or $1.01 per diluted common share for the first quarter of 2019 as compared to $6.3 million, or $0.75 per diluted common share, for the first quarter of 2018. Financial Highlights for the first quarter of 2019 include:

Jan 24, 2019 04:00 pm ET

Metropolitan Bank Holding Corp. Reports Record 2018 Earnings of $25.6 Million or $3.06 per Diluted Common Share Led by Growth in Loans, Deposits and Net Interest Margin

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $6.3 million or $0.75 per diluted common share for the fourth quarter of 2018 as compared to $3.3 million, or $0.49 per diluted common share, for the fourth quarter of 2017.

Nov 16, 2018 02:05 am ET

Metropolitan Commercial Bank to Issue MCO Visa Cards in the United States

JACKSONVILLE, Florida, NEW YORK and HONG KONG, November 16, 2018 /PRNewswire/ --

Nov 13, 2018 05:44 pm ET

Metropolitan Commercial Bank Appoints Mark Wancier Head of Commercial Real Estate Lending

Metropolitan Commercial Bank (the “Bank”), today announced the appointment of Mark S. Wancier as head of commercial real estate (“CRE”) effective immediately. He will report to Scott Lublin, Executive Vice President and Chief Lending Officer. Mark will be responsible for the overall operations of its commercial real estate lending division.

Oct 29, 2018 08:00 am ET

Metropolitan Commercial Bank Promotes Nick Rosenberg to Lead Global Payments Group; Appoints Michael Giorgio as Its Chief Technology Officer

Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Company has promoted Mr. Nick Rosenberg as Executive Vice President and Head of Global Payments. Mr. Rosenberg, who was previously the Company’s Executive Vice President and Chief Technology officer, will lead the Bank’s newly-formed Global Payments Group, which will ensure that the Bank’s end-to-end global payment processing services implement the latest technology to ensure

Oct 25, 2018 04:30 pm ET

Metropolitan Bank Holding Corp. Reports Earnings of $7.1 Million or $0.85 per Diluted Common Share in Third Quarter

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $7.1 million, or $0.85 per diluted common share, for the third quarter of 2018 as compared to $3.8 million, or $0.82 per diluted common share, for the third quarter of 2017.

Jul 30, 2018 08:30 am ET

Metropolitan Bank Holding Corp to Present at the 2018 KBW Community Bank Investor Conference

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the "Bank"), announced today that its executive management team will participate in a presentation and investor meetings at the 2018 KBW Community Bank Investor Conference at the New York Hilton Midtown in New York City.

Jul 25, 2018 08:30 am ET

Metropolitan Bank Holding Corp. Reports Earnings of $5.9 Million in Second Quarter

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $5.9 million, or $0.70 per diluted common share, for the second quarter of 2018 compared to $2.7 million, or $0.57 per diluted common share, for the second quarter of 2017.

Jun 04, 2018 05:21 pm ET

Metropolitan Bank Holding Corp. Appoints Anthony J. Fabiano Chief Financial Officer

Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Company has appointed Anthony J. Fabiano as Chief Financial Officer, effective immediately. He will report to Mark DeFazio, President and Chief Executive Officer, and will be responsible for accounting, financial reporting, investor relations, tax and capital planning.

May 29, 2018 05:13 pm ET

Metropolitan Bank Holding Corp. Names William Reinhardt Chairman of the Board of Directors

Metropolitan Bank Holding Corp. (NYSE: MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that the Board of Directors elected William Reinhardt as Chairman of the Board. David M. Gavrin, who has served on the Board since the Company’s inception and has held the role of Chairman since 2004, will remain a member of the Board.

Apr 30, 2018 04:35 pm ET

Metropolitan Bank Holding Corp. Names Scott Lublin Chief Lending Officer

Metropolitan Bank Holding Corp. (NYSE: MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced that Scott Lublin has been named to the position of Executive Vice President and Chief Lending Officer, effective April 25. Mr. Lublin will be responsible for managing the Bank’s Commercial Real Estate and Commercial Lending groups and for the strategic development and implementation of lending products and services. He will report to Mark DeFazio, President and Chief Executive O

Apr 25, 2018 08:30 am ET

Metropolitan Bank Holding Corp Reports Net Income of $6.3 Million for Quarter Ended March 31, 2018

Metropolitan Bank Holding Corp. (NYSE:MCB), the holding company (the “Company”) for Metropolitan Commercial Bank (the “Bank”), today reported net income of $6.3 million, or $0.75 per diluted common share, for the first quarter of 2018 (Q1 2018) compared to $3.3 million, or $0.49 per diluted common share, for the fourth quarter of 2017 (Q4 2017), and $2.5 million, or $0.55 per diluted common share, for the first quarter of 2017 (Q1 2017).

Jan 31, 2018 07:17 pm ET

CORRECTING and REPLACING Metropolitan Bank Holding Corp. Achieves Net Income of $12.4 Million for Full Year 2017, Up 147% from $5.0 Million for 2016

In the Consolidated Income Statements table, the column of figures under the Quarter Ended December 31, 2016 has been corrected from an earlier version.

Jan 16, 2018 07:30 am ET

Metropolitan Bank Holding Corp. Responds to Erroneous Reports in Online Articles

Metropolitan Bank Holding Corp. (NYSE:MCB) (the “Company”) today responded to erroneous statements contained in articles that have recently appeared in some online publications. The articles reported that the Company’s wholly owned subsidiary, Metropolitan Commercial Bank (the “Bank”) “has ceased all cryptocurrency-related international wires effective immediately” and that the Bank’s actions were in response to an “incident of international fraud.”

Dec 18, 2017 04:35 pm ET

Metropolitan Bank Holding Corp. Appoints Gerard Perri Chief Operating Officer

Metropolitan Bank Holding Corp. (NYSE: MCB) (“Metropolitan” or the “Company”), the holding company for Metropolitan Commercial Bank, today announced that Gerard A. Perri has been named to the newly created position of Executive Vice President and Chief Operating Officer, effective today. He reports to Mark DeFazio, President and Chief Executive Officer and is responsible for overall bank operations.

Nov 13, 2017 08:30 am ET

Metropolitan Bank Holding Corp. Reports 165% Rise in Third Quarter 2017 Net Income

Metropolitan Bank Holding Corp. (NYSE:MCB) (“MBHC” or “the Company”), the parent company of Metropolitan Commercial Bank, today announced net income of $3.8 million for the quarter ended September 30, 2017, an increase of $2.4 million, or 165.2%, from the quarter ended September 30, 2016. The 2017 third quarter results also represented a sequential increase in net income of $1.2 million or 45.1% compared with the quarter ended June 30, 2017. Other key financial highlights include:

Nov 10, 2017 04:35 pm ET

Metropolitan Bank Holding Corp. Announces Completion of Initial Public Offering of Common Stock

Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan”) today announced that it has completed its initial public offering of 3,565,000 shares of its common stock, par value $0.01 per share, at a public offering price of $35.00 per share, which included the exercise of the underwriters’ option to purchase an additional 465,000 shares of Metropolitan common stock. The offering resulted in gross proceeds to Metropolitan of approximately $124.8 million. The net proceeds to Metropolitan, after deducting the underwriting discount and estima

Oct 27, 2017 08:49 am ET

Metropolitan Bank Holding Corp. Launches Initial Public Offering of Common Stock

Metropolitan Bank Holding Corp. (“Metropolitan”), parent of Metropolitan Commercial Bank, today announced the launch of its initial public offering of common stock. Metropolitan is offering 3,100,000 shares. The initial public offering price is currently expected to be between $31.00 and $34.00 per share. The common stock is expected to trade on the New York Stock Exchange under the symbol “MCB.”

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Metropolitan Bank Holding Corp (N:MCB)

Business Focus: Commercial Banks