Metropolitan Bank Holding Corp. (NYSE:MCB) Shares to Pay Quarterly Dividend of $0.35

Metropolitan Bank Holding Corp. (NYSE:MCB) declared a quarterly dividend on Monday, October 19th. Investors of record on Friday, October 30th will be given a dividend of $0.35 per share on Tuesday, November 10th. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, October 30th.

Metropolitan Bank Trading Down 0.7%

MCB opened at $86.62 on Tuesday. The stock has a market capitalization of $1.07 billion, a PE ratio of 11.04 and a beta of 1.03. Metropolitan Bank has a one year low of $64.66 and a one year high of $102.04. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.97 and a current ratio of 0.97. The business’s 50 day moving average price is $89.97 and its 200 day moving average price is $91.40.

Metropolitan Bank (NYSE:MCB) last posted its earnings results on Tuesday, July 21st. The company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.76). Metropolitan Bank had a return on equity of 10.22% and a net margin of 14.31%. The business had revenue of $93.01 million for the quarter, compared to analyst estimates of $93.39 million.

Metropolitan Bank Company Profile

Metropolitan Bank Holding Corp. is the parent company of Metropolitan Commercial Bank, a full-service commercial bank headquartered in New York. Founded in 1999, the bank provides financial services to businesses, entrepreneurs, institutions and consumers through its branch network and digital banking channels.

Metropolitan Commercial Bank offers commercial and consumer deposit accounts, business and real estate lending, personal loans, cash-management and treasury services, online and mobile banking, and other payment-related solutions.