Metropolitan Bank Holding Corp expected to post earnings of $1.34 a share - Earnings Preview

Metropolitan Bank Holding

16/04/2024 21:03

* Metropolitan Bank Holding Corp  MCB.N   MCB  is expected
to show
a fall in quarterly revenue when it reports  results on April 18
for the period ending March 31 2024
    * The New York City-based  company is expected to report a
1.4% decrease in revenue to $64.561 million from $65.51 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Metropolitan Bank
Holding Corp
is for earnings of $1.34 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Metropolitan Bank
Holding Corp is $50.00​, above​ its last closing price
of $33.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.51        1.49       1.28      Missed  -13.8
 Sep. 30 2023  1.64        1.63       1.97      Beat    20.6
 Jun. 30 2023  1.75        1.75       1.37      Missed  -21.5​
 Mar. 31 2023  1.78        1.79       2.25      Beat    26.1
 ​​Dec.        2.32        2.33       2.44      Beat    4.9
 31 2022                                                
 Sep. 30 2022  2.33        2.34       2.23      Missed  -4.5​
 Jun. 30 2022  1.85        1.85       2.07      Beat    12.2
 Mar. 31 2022  1.55        1.56       1.69      Beat    8.7
 This summary was machine generated April 16 at 20:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)