Metropolitan Bank Holding

MCB · NYSE

$88.87+$2.34 (+2.70%)TodayMarket closed · Oct 20, 7:32 PM ET

Prev close $86.53

MCB analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 4 analysts

Average $108.12 (+21.7% upside)

Low: $101.00
Now: $88.87
High: $115.50

Upgrades and downgrades

The latest rating actions, newest first

MCB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Jul 28, 2026	Maintains	Neutral	$110.00 → $100.00	65%
Keefe, Bruyette & Woods	Jul 23, 2026	Maintains	Outperform	$120.00 → $110.00	66%
Keefe, Bruyette & Woods	Apr 23, 2026	Maintains	Outperform	$105.00 → $109.00	66%
UBS	Apr 16, 2026	Initiates	Neutral	$97.00	65%
Keefe, Bruyette & Woods	Jan 22, 2026	Maintains	Outperform	$90.00 → $105.00	66%
Keefe, Bruyette & Woods	Oct 27, 2025	Maintains	Outperform	$95.00 → $90.00	78%

The case for and against

Updated May 5, 2024

Bull case

Metropolitan Bank Holding is well positioned to perform in the current environment with its strong growth profile and double-digit loan growth projections for both 2024 and 2025. The bank has robust capital levels and a liability-sensitive balance sheet, which will benefit from any potential Fed rate cuts. Despite missing on core PPNR for Q4, management expects NIM to continue expanding and does not anticipate significant loss content from the recent multifamily loan issue. While the decision to fully exit its BaaS business may lead to lower earnings in the near term, it will reduce volatility and potential regulatory costs in the long term. Shares are currently trading at a discount to KRX peers and our revised price target of $66, representing 1.0x forward TBV, 10x 2024E, and 8x 2025E, provides significant upside potential.

Bear case

Metropolitan Bank Holding is facing several headwinds, including increasing expense projections and a lower revenue outlook due to the one-time systems upgrade costs totaling $9.5mm and the exit of its B2C portion of its GPG business in 2024. These factors are expected to result in lower profitability for the bank. Additionally, the increasing credit costs and the overall challenging banking environment are likely to further pressure the bank's EPS, leading to downward revisions in the estimates. As such, the stock currently has a negative outlook due to these fundamental reasons.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.