Metropolitan Bank Holding Corp. Reports Second Quarter 2025 Results
Metropolitan Bank Holding Corp. (the “Company”) (
NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $18.8 million, or $1.76 per diluted common share, for the second quarter of 2025 compared to $16.4 million, or $1.45 per diluted common share, for the first quarter of 2025, and $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024.
Metropolitan Bank Holding Corp. Announces Initial Cash Dividend and New Share Repurchase Program
Metropolitan Bank Holding Corp. (the “Company”) (
NYSE: MCB), the holding company for Metropolitan Commercial Bank, is pleased to announce that its board of directors declared a quarterly dividend of $0.15 per share on the Company’s common stock (the “Dividend”), the Company’s first cash dividend since its initial public offering in 2017. The Company expects to continue to distribute regular cash dividends subject to the discretion of the board of directors and in accordance with applicable securities, corporate and banking laws, rules, regulations, and guidance. The Dividend is payable on August 11, 2025 to holders of record of the Company’s common stock at the close of business on July 28, 2025.
Metropolitan Commercial Bank Deepens Its Commitment to the Boro Park Community
Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank headquartered in New York City, is proud to announce a significant donation to the Boro Park Jewish Community Council Inc. (BPJCC): a 10-year, rent free lease for a large portion of the Bank’s property at 5102 13th Avenue in the heart of Boro Park, Brooklyn.
Metropolitan Bank Holding Corp. Announces Second Quarter 2025 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 2025 financial results after the market closes on Thursday, July 17, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, July 18, 2025, to discuss the results.
Metropolitan Commercial Bank Wins Prestigious "Editors' Choice" Award at the Banking Tech Awards USA
Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City is proud to announce that it has been recognized with the esteemed "Editors' Choice" Award at the Banking Tech Awards USA. This distinction highlights MCB’s innovation in Digital Onboarding and Omnichannel Banking, reinforcing its position as a leader in financial innovation.
Metropolitan Commercial Bank Named Finalist for Payment Solution of the Year at SBC Summit Americas
Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City is proud to announce that it has been named a finalist in the Payment Solution of the Year: North America category at the prestigious SBC Summit Americas. MCB's steady growth and commitment to digital innovation have earned this recognition, underscoring the Bank's dedication to delivering reliable, forward-thinking banking solutions that empower individuals and businesses worldwide.
Metropolitan Bank Holding Corp. Announces Intention to Commence a Quarterly Common Stock Dividend
Metropolitan Bank Holding Corp. (“Company”), the publicly traded holding company of Metropolitan Commercial Bank (“MCB” or the “Bank”), announced that the capital plan recently approved by its board of directors contemplates the declaration of a quarterly cash dividend on the Company’s common stock as early as the third quarter of 2025, subject to approval by the board of directors. In conjunction with the Company’s recently launched common stock repurchase program, the planned dividend underscores the Company’s commitment to delivering total return to its investors. Mark R. DeFazio, President and CEO of MCB and the Company, said: “Our capital plan, and in particular our intention to commence a quarterly cash dividend for our stockholders, reflects MCB’s continued track record of robust financial strength and stable capital accumulation. As our franchise continues to mature, we are confident that we can accelerate our long-term growth trajectory and provide consistent and stable returns to our stockholders.”
Metropolitan Bank Holding Corp. Reports First Quarter 2025 Results
Metropolitan Bank Holding Corp. (the “Company”) (
NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.4 million, or $1.45 per diluted common share, for the first quarter of 2025 compared to $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024, and $16.2 million, or $1.46 per diluted common share, for the first quarter of 2024.
Metropolitan Bank Holding Corp. Announces First Quarter 2025 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 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.
Metropolitan Bank Holding Corp. Announces $50 million Stock Repurchase Program
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. “This move reflects our confidence in the Company’s long-term growth trajectory and the strength of our balance sheet,” said Mark R. DeFazio, President and CEO of MCB and the Company. “I am excited by the energy and focus our team has demonstrated, and in particular in the first few months of this year, and this program will be one of the key drivers of our strategic direction.” The results of the program will be reflected in the Company’s periodic filings.
Metropolitan Bank Holding Corp. Reports Fourth Quarter and Full Year 2024 Results
Metropolitan Bank Holding Corp. (the “Company”) (
NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024 compared to $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024, and $14.6 million, or $1.28 per diluted common share, for the fourth quarter of 2023.
Metropolitan Bank Holding Corp. Announces Fourth Quarter and Full Year 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 fourth quarter and full year 2024 financial results after the market closes on Thursday, January 23, 2025. The Company will conduct a conference call at 9:00 a.m. ET on Friday, January 24, 2025, to discuss the results.
Metropolitan Commercial Bank Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025
Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City announced today that it is recognized as one of America’s Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group. Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States, by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews.
Metropolitan Bank Holding Corp. Reports Third Quarter 2024 Results
Metropolitan Bank Holding Corp. (the “Company”) (
NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $12.3 million, or $1.08 per diluted common share, for the third quarter of 2024 compared to $16.8 million, or $1.50 per diluted common share, for the second quarter of 2024, and $22.1 million, or $1.97 per diluted common share, for the third quarter of 2023.
Metropolitan Bank Holding Corp. Announces Third 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 third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. The Company will conduct a conference call at 9:00 a.m. ET on Friday, October 18, 2024, to discuss the results.
