Metropolitan Bank Holding Corp (MCB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Metropolitan Bank Holding Corp (MCB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Metropolitan Bank Holding Corp provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in the New York metropolitan area. Metropolitan Bank Holding Corp has a market cap of $306.470 million; its shares were traded at around $37.34 with a P/E ratio of 12.24 and P/S ratio of 3.68.

For the last quarter Metropolitan Bank Holding Corp reported a revenue of $21.1 million, compared with the revenue of $21.82 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $83.4 million, an increase of 31.6% from last year.

The reported diluted earnings per share was $3.06 for the year, an increase of 30.8% from previous year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Metropolitan Bank Holding Corp has the cash and cash equivalents of $233.0 million, compared with $261.2 million in the previous year. The long term debt was $209.5 million, compared with $66.7 million in the previous year. Metropolitan Bank Holding Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $37.34, Metropolitan Bank Holding Corp is traded at 23.1% discount to its historical median P/S valuation band of $48.53. The P/S ratio of the stock is 3.68, while the historical median P/S ratio is 4.77. The stock lost 15.93% during the past 12 months.

For the complete 20-year historical financial data of MCB, click here.