Metropolitan Bank Holding Corp. found using ticker (MCB) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 125 and 100 calculating the average target price we see 112.5. Given that the stocks previous close was at 64.16 this now indicates there is a potential upside of 75.3%. There is a 50 day moving average of 71.48 and the 200 day MA is 85.35. The company has a market cap of $713m. Company Website: https://www.metropolitanbankny.com
The potential market cap would be $1,250m based on the market concensus.
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 real estate, construction, multi-family, and one-to four-family real estate loans; commercial and industrial loans; consumer loans; acquisition and renovation loans; loans to refinance or return borrower equity; loans on owner-occupied properties; working capital lines of credit; trade finance and letters of credit; and term loans. In addition, the company offers cash management services, as well as online and mobile banking, ACH, remote deposit capture, and debit card services. It operates six banking centers in Manhattan, Brooklyn, Great Neck, and Long Island. Metropolitan Bank Holding Corp. was founded in 1999 and is headquartered in New York, New York.
