Metropolitan Bank Holding Corp. with ticker code (MCB) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 120 and 120 calculating the average target price we see 120. Given that the stocks previous close was at 107.54 this indicates there is a potential upside of 11.6%. The 50 day MA is 99.66 and the 200 day MA is 77.2. The company has a market cap of $1,219m. Company Website: https://www.metropolitanbankny.com
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.
