Metropolitan Bank Holding Corp. (NYSE:MCB) Shareholders to Collect $0.35 Quarterly Dividend

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

Metropolitan Bank Stock Performance

Shares of Metropolitan Bank stock opened at $86.62 on Tuesday. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 10.97 and a beta of 1.03. Metropolitan Bank has a twelve month low of $64.66 and a twelve month high of $102.04. The company’s fifty day moving average is $89.97 and its 200 day moving average is $91.40. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.02.

Metropolitan Bank (NYSE:MCB) last announced 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). The company had revenue of $93.01 million for the quarter, compared to the consensus estimate of $93.39 million. Metropolitan Bank had a return on equity of 10.22% and a net margin of 14.31%.

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.