How to Buy Metropolitan Bank Holding Stock
Metropolitan Bank Holding Corp
Metropolitan Bank Holding is a bank company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker MCB on the NYSE exchange.
Metropolitan Bank Holding stock last closed at $29.51, up 0.85% from the previous day, and has decreased 60.94% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.43 percentage points. Metropolitan Bank Holding stock is currently +111.09% from its 52-week low of $13.98, and -63.28% from its 52-week high of $80.37.
At the moment, there are 11.21M MCB shares outstanding. The market capitalization of MCB is $330.84M. In the past 24 hours, 580,359 MCB shares were traded.
How to Buy Metropolitan Bank Holding Stock
Not sure how to invest in Metropolitan Bank Holding stock? Here's how.
- Figure out where to buy Metropolitan Bank Holding stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Metropolitan Bank Holding stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Metropolitan Bank Holding stock: The Metropolitan Bank Holding ticker symbol is MCB. Is Metropolitan Bank Holding stock a good investment? Should you buy shares of MCB? How do MCB's underlying business fundamentals look? Do top analysts think Metropolitan Bank Holding is a good buy? Why has MCB's stock price moved recently? (Hint: Our stock market research website can help you decide if MCB is a good stock to buy).
- Make your MCB trade: Decide if you will purchase MCB shares at the current market price or use a limit order to buy MCB shares at a particular price.
- Get key alerts regarding your investment in MCB: Create a watchlist to track your investment in Metropolitan Bank Holding shares.
Step 1: Figure out where to buy Metropolitan Bank Holding stock
You need a brokerage account to access the NYSE market and buy MCB shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can invest in MCB today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal info to create your new trading account.
- Submit your information by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock buying app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing funds into your investment account.
Step 4: Evaluate Metropolitan Bank Holding stock
Once you have identified the best place to buy Metropolitan Bank Holding stock, it's important to analyze their stock before you invest, so you actually understand the risk as well as the opportunity.
Metropolitan Bank Holding shares data
Fundamentals of MCB
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on MCB's stock page.
Is MCB stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge MCB's true value.
Using relative valuations measures:
- MCB may be undervalued based on its P/E ratio of 4.96x, relative to Banks - Regional industry P/E ratio of 20.04x
- MCB may be undervalued based on its P/B ratio of 0.54x, relative to Banks - Regional industry P/B ratio of 0.88x
- MCB could be undervalued based on its PEG ratio of 0.08x
You can do more valuation research on MCB's stock here.
MCB Financial Health Summary
Pros:
- MCB's operating cash flow of $94.04M allows it to safely service it's debt of $423.31M.
- MCB earnings of $104.70M is not enough to cover its interest payments.
Cons:
- MCB has a relatively high debt to equity ratio of 9.38.
- Total MCB debt is higher than 5 years ago, relative to shareholder equity.
- MCB profit margin has gone down from 35.6% to 25.2% in the past year.
Is MCB stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who monitor MCB, the consensus analyst rating on Metropolitan Bank Holding is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent MCB Analyst Recommendations
Christopher O'Connell, a bottom 19% analyst from Keefe, Bruyette & Woods maintains MCB with a buy rating and lowers their MCB price target from $80.00 to $69.00, on Apr 6, 2023.
Alex Lau, a bottom 24% analyst from JP Morgan maintains MCB with a strong buy rating and lowers their MCB price target from $66.00 to $63.00, on Jan 23, 2023.
Steven Alexopoulos, a bottom 2% analyst from JP Morgan maintains MCB with a strong buy rating and lowers their MCB price target from $90.00 to $67.00, on Dec 13, 2022.
You can dive deeper into what analysts are saying on the Metropolitan Bank Holding stock forecast page.
MCB Technical Indicators
How are MCB Revenues/Earnings doing?
Last year, MCB earnings were $65.48M. During the last 5 year, MCB's earnings have increased by 17.83% per year. This was slower than the Banks - Regional industry average of 20.03%.
Last year, MCB revenue was $259.84M. In the last 5 year, MCB's revenue has gone up by 31.85% per year. This was faster than the Banks - Regional industry average of 6.1%.
You can analyze MCB's earnings and revenue performance here.
Who is buying/selling MCB?
Over the past 12 months, insiders at MCB have bought more shares than they have sold.
Greg Sigrist, EVP and CFO of MCB, was the latest MCB insider to buy. They bought $35,970.00 worth of MCB stock on Mar 17, 2023.
Dig into more about who owns MCB shares here.
Does MCB stock generate passive income?
No, Metropolitan Bank Holding doesn't provide an income stream by paying out dividends.
What others are saying about MCB
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your MCB trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Click the Open Trade button and eToro will place your order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in MCB
Now that you own some shares in MCB, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your MCB stock.
MCB Feed
How to Buy Stock in Metropolitan Bank Holding
To summarize, here are the 6 steps to buy Metropolitan Bank Holding stock:
- Figure out where to buy Metropolitan Bank Holding stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Metropolitan Bank Holding stock
- Make your MCB trade
- Get key alerts regarding your investment in MCB
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Metropolitan Bank Holding, click below.
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