Metropolitan Bank Holding

General Information
Business:

We are a bank holding company headquartered in New York, New York, and registered under the BHC Act. Through our wholly owned bank subsidiary, Metropolitan Commercial Bank, we 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. Our founding members, including our Chief Executive Officer Mark DeFazio, recognized a need in the New York metropolitan area for a solutions-oriented relationship bank focused on middle-market companies and real estate entrepreneurs who require loans of $2 million–$20 million, a size often overlooked or de-prioritized by larger financial institutions. Metropolitan Commercial Bank was established in 1999 with the goal of helping these underserved clients build and sustain wealth.

Industry: STATE COMMERCIAL BANKS
Employees: 118
Founded: 1999
Contact Information
Address 99 Park Avenue, 4th Floor, New York, New York 10016, US
Phone Number (212) 659-0600
Web Address http://www.metropolitanbankny.com
View Prospectus: Metropolitan Bank Holding
Financial Information
Market Cap $270.7mil
Revenues $49.7 mil (last 12 months)
Net Income $6.7 mil (last 12 months)
IPO Profile
Symbol MCB
Exchange NYSE
Shares (millions): 3.1
Price range $35.00 - $35.00
Est. $ Volume $108.5 mil
Manager / Joint Managers J.P Morgan/ Keefe, Bruyette & Woods (A Stifel Company)
CO-Managers Piper Jaffray
Expected To Trade: 11/8/2017
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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