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  • Public Info posted an update 1 year, 4 months ago

    Here are some of the most recent press releases from Metropolitan Commercial Bank (Metropolitan Bank Holding Corp. NYSE: MCB):
    * Metropolitan Bank Holding Corp. Announces Intention to Commence a Quarterly Common Stock Dividend (April 23, 2025): The Company announced that its board of directors approved a capital plan that contemplates the declaration of a quarterly cash dividend on its common stock as early as the third quarter of 2025. This, along with a recently launched common stock repurchase program, underscores their commitment to investor returns.
    * Metropolitan Bank Holding Corp. Reports First Quarter 2025 Results (April 21, 2025): The company reported net income of $16.4 million, or $1.45 per diluted common share, for the first quarter of 2025. Key highlights included a net interest margin of 3.68%, an increase of 2 basis points compared to the prior linked quarter, and stable asset quality with non-performing loans to total loans at 0.54%. Total loans increased by $308.0 million, or 5.1%, from December 31, 2024.
    * Metropolitan Bank Holding Corp. Announces First Quarter 2025 Earnings Release and Conference Call Date (April 9, 2025): This release announced the date for the First Quarter 2025 earnings release and subsequent conference call.
    * Metropolitan Bank Holding Corp. Announces $50 million Stock Repurchase Program (March 12, 2025): The company announced its board of directors approved a share repurchase plan with authorization to purchase up to $50 million of its common stock, demonstrating confidence in its growth trajectory and balance sheet strength.
    * Metropolitan Commercial Bank Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025 (December 19, 2024): This recognition highlights the bank’s impact and commitment to innovative offerings and client relationships.
    You can find more detailed information and older press releases on their investor relations website: https://investors.mcbankny.com/news-events/news/default.aspx

    Video courtesy of First Bank of Nigeria

    Video courtesy of First Bank of Nigeria