Metropolitan Bank Holding Corp. – Consensus Indicates Potential 12.4% Upside

Broker Ratings

Metropolitan Bank Holding Corp. found using ticker (MCB) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 120 and 120 with the average target price sitting at 120. Given that the stocks previous close was at 106.73 this now indicates there is a potential upside of 12.4%. The day 50 moving average is 102.39 and the 200 day moving average is 88.55. The market cap for the company is $1,124m. Find out more information at: https://www.metropolitanbankny.com

The potential market cap would be $1,264m based on the market concensus.

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Metropolitan Bank Holding Corp. operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services to small businesses, middle-market enterprises, public entities, and individuals in the New York metropolitan area. The company offers checking, savings, term deposit, and money market accounts, as well as certificates of deposit. It also provides lending products, including commercial, construction, multifamily, and one-to four-family real estate loans; commercial and industrial loans; trade finance and letters of credit, term loans, and working capital lines of credit; commercial mortgages; and consumer loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. As of January 21, 2021, it operated six locations in Manhattan and Brooklyn, as well as Great Neck, Long Island. The company was founded in 1999 and is headquartered in New York, New York.

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