Metropolitan Bank Holding Corp Insider Sells 1,400 Shares

Harvey Gutman, Director at Metropolitan Bank Holding Corp, sold 1,400 shares on July 22, 2025, leaving him with 18,743 shares. The company provides commercial banking products and services to small businesses and individuals. Metropolitan Bank Holding Corp has a market cap of $800.362 million and a GF Value of $56.97, resulting in a price-to-GF-Value ratio of 1.38, suggesting the stock is overvalued.

Metropolitan Bank Holding Corp (MCB) has reported robust financial performance for the second quarter of 2025, with a 21% increase in earnings per share (EPS) reaching $1.76. The company also announced strategic initiatives, including a $100 million share repurchase program and its first dividend on common stock, amidst ongoing market challenges [1].

Harvey Gutman, a Director at Metropolitan Commercial Bank, a subsidiary of Metropolitan Bank Holding Corp, sold 1,400 shares on July 22, 2025. This transaction, which occurred after the earnings call, left Gutman with 18,743 shares. The insider's sale is part of a broader trend of insider selling within the company, with a total of 21 insider sells over the past year [2].

Despite the positive earnings report, the company faced some challenges. The provision expense increased to $6.4 million, reflecting loan growth and adverse macroeconomic factors. Non-interest income decreased by $1 million due to the absence of one-time income recognized in the prior period. Additionally, the company experienced a $1.4 million increase in one-time IT project costs, with further IT expenses expected to total $8 million to $9 million for the remainder of 2025 [1].

Metropolitan Bank Holding Corp provides a range of commercial banking products and services to small businesses, middle-market enterprises, public entities, and affluent individuals. The company operates through its subsidiary, Metropolitan Commercial Bank. The company's market cap stands at $800.362 million, with a GF Value of $56.97, resulting in a price-to-GF-Value ratio of 1.38, suggesting the stock is overvalued [2].

Analysts have issued varying price targets for Metropolitan Bank Holding Corp. Paul Lejuez from Citigroup set a price target of $43.0, while other analysts have set targets ranging from $106.0 to $140.0 [3].

In summary, Metropolitan Bank Holding Corp reported strong financial performance for the second quarter of 2025, despite facing some challenges. The company's strategic initiatives, including share buybacks and dividends, signal a positive outlook. However, the overvaluation of the stock and insider selling may raise concerns among investors.

References:
[1] https://www.gurufocus.com/news/2988912/metropolitan-bank-holding-corp-mcb-q2-2025-earnings-call-highlights-strong-eps-growth-and-strategic-initiatives
[2] https://www.gurufocus.com/news/2999517/insider-sell-harvey-gutman-sells-shares-of-metropolitan-bank-holding-corp
[3] https://www.nasdaq.com/articles/new-analyst-forecast-bj-given-430-price-target