Previous Close | 59.16 |
Open | 59.02 |
Bid | 42.02 x 1000 |
Ask | 75.18 x 1000 |
Day's Range | 57.75 - 59.33 |
52 Week Range | 53.67 - 109.42 |
Volume | |
Avg. Volume | 85,043 |
Market Cap | 659.777M |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | 10.95 |
EPS (TTM) | 5.37 |
Earnings Date | Apr 19, 2023 - Apr 24, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 100.00 |
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Metropolitan Bank Holding Corp. (MCB) delivered earnings and revenue surprises of 8% and 1.38%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, January 20, 2023--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 o