Metropolitan Bank (MCB) Stock Forecast, Price Target & Predictions
MCB Stock Forecast
Metropolitan Bank stock forecast is as follows: an average price target of $66.00 (represents a 4.96% upside from MCB’s last price of $62.88) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
MCB Price Target
The average price target for Metropolitan Bank (MCB) is $66.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $66.00 to $66.00. This represents a potential 4.96% upside from MCB's last price of $62.88.
MCB Analyst Ratings
According to 4 Wall Street analysts, Metropolitan Bank's rating consensus is 'Buy'. The analyst rating breakdown for MCB stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Metropolitan Bank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 11, 2023 | J.P. Morgan | $66.00 | $58.86 | 12.13% | 4.96% | |
| Dec 13, 2022 | J.P. Morgan | $67.00 | $57.02 | 17.50% | 6.55% | |
| Jul 01, 2022 | J.P. Morgan | $95.00 | $68.68 | 38.32% | 51.08% |
The latest Metropolitan Bank stock forecast, released on Jan 11, 2023 by J.P. Morgan company, set a price target of $66.00, which represents a 12.13% increase from the stock price at the time of the forecast ($58.86), and a 4.96% increase from MCB last price ($62.88).
Metropolitan Bank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $62.88 | $62.88 | $62.88 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Metropolitan Bank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Metropolitan Bank's last price of $62.88. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Mar 01, 2024 | Piper Sandler | Neutral | Downgrade | |
| Feb 01, 2024 | National Bank | Buy | Buy | Hold |
| Feb 01, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Nov 17, 2022 | BMO Capital | Outperform | Outperform | Hold |
Metropolitan Bank's last stock rating was published by Piper Sandler on Mar 01, 2024. The company Downgrade its MCB rating from "null" to "Neutral".
Metropolitan Bank Financial Forecast
Metropolitan Bank Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $60.07M | $61.61M | $83.26M | $70.25M | $69.14M | $62.30M | $54.06M | $51.87M | $46.68M | $43.13M | $39.02M | $36.84M | $35.96M | $35.81M | $33.31M | $30.90M | $28.75M |
| Avg Forecast | $86.68M | $85.17M | $82.51M | $79.49M | $77.87M | $75.24M | $71.47M | $68.35M | $67.46M | $66.73M | $67.76M | $64.33M | $61.84M | $61.09M | $62.27M | $66.37M | $70.92M | $67.67M | $57.55M | $52.29M | $47.75M | $44.60M | $40.30M | $37.35M | $36.35M | $35.55M | $33.80M | $31.05M | $29.85M | $28.15M |
| High Forecast | $87.02M | $85.50M | $82.83M | $79.80M | $78.18M | $75.54M | $71.74M | $68.62M | $67.72M | $66.99M | $67.76M | $64.33M | $62.21M | $61.33M | $62.51M | $66.63M | $71.19M | $67.67M | $57.55M | $52.29M | $47.75M | $44.60M | $40.30M | $37.35M | $36.35M | $35.55M | $33.80M | $31.05M | $29.85M | $28.15M |
| Low Forecast | $86.34M | $84.84M | $82.18M | $79.18M | $77.57M | $74.95M | $71.19M | $68.08M | $67.19M | $66.47M | $67.76M | $64.33M | $61.48M | $60.85M | $62.03M | $66.11M | $70.64M | $67.67M | $57.55M | $52.29M | $47.75M | $44.60M | $40.30M | $37.35M | $36.35M | $35.55M | $33.80M | $31.05M | $29.85M | $28.15M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 1.25% | 0.99% | 1.02% | 1.08% | 1.03% | 1.09% | 1.05% | 1.07% | 1.04% | 1.01% | 1.01% | 1.06% | 1.07% | 1.04% | 1.02% |
Metropolitan Bank's average Quarter revenue forecast for Dec 23 based on 2 analysts is $61.84M, with a low forecast of $61.48M, and a high forecast of $62.21M. MCB's average Quarter revenue forecast represents a 2.95% increase compared to the company's last Quarter revenue of $60.07M (Sep 23).
Metropolitan Bank EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.36M | $60.09M | $58.57M | $17.39M | $45.27M | $38.62M | $31.54M | $34.08M | $29.38M | $24.75M | $22.70M | $19.01M | $21.72M | $20.59M | $17.30M | $20.01M | $21.36M |
| Avg Forecast | $38.22M | $37.56M | $36.38M | $35.05M | $34.34M | $33.18M | $31.51M | $30.14M | $29.75M | $29.43M | $29.88M | $34.98M | $27.27M | $26.94M | $27.46M | $31.80M | $30.36M | $29.45M | $25.04M | $28.91M | $20.78M | $19.41M | $17.54M | $20.43M | $15.82M | $15.47M | $14.71M | $17.30M | $12.99M | $12.25M |
| High Forecast | $38.37M | $37.70M | $36.53M | $35.19M | $34.47M | $33.31M | $31.64M | $30.26M | $29.86M | $29.54M | $29.88M | $41.98M | $27.43M | $27.04M | $27.57M | $38.16M | $36.44M | $29.45M | $25.04M | $34.69M | $20.78M | $19.41M | $17.54M | $24.52M | $15.82M | $15.47M | $14.71M | $20.76M | $12.99M | $12.25M |
| Low Forecast | $38.08M | $37.41M | $36.24M | $34.92M | $34.20M | $33.05M | $31.39M | $30.02M | $29.63M | $29.31M | $29.88M | $27.99M | $27.11M | $26.83M | $27.35M | $25.44M | $24.29M | $29.45M | $25.04M | $23.13M | $20.78M | $19.41M | $17.54M | $16.34M | $15.82M | $15.47M | $14.71M | $13.84M | $12.99M | $12.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 2.19% | 1.84% | 0.57% | 1.54% | 1.54% | 1.09% | 1.64% | 1.51% | 1.41% | 1.11% | 1.20% | 1.40% | 1.40% | 1.00% | 1.54% | 1.74% |
2 analysts predict MCB's average Quarter EBITDA for Dec 23 to be $27.27M, with a high of $27.43M and a low of $27.11M. This is -3.82% lower than Metropolitan Bank's previous annual EBITDA (Sep 23) of $28.36M.
Metropolitan Bank Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.06M | $15.56M | $25.08M | $-7.74M | $24.95M | $23.19M | $19.02M | $18.89M | $16.21M | $13.34M | $12.12M | $11.78M | $10.78M | $10.81M | $6.10M | $7.86M | $7.68M |
| Avg Forecast | $25.14M | $25.27M | $24.68M | $23.47M | $23.18M | $21.46M | $19.14M | $17.63M | $16.86M | $17.50M | $17.80M | $21.10M | $16.80M | $18.49M | $19.54M | $19.18M | $16.83M | $26.15M | $20.72M | $17.44M | $15.90M | $17.53M | $15.79M | $10.91M | $13.05M | $10.98M | $8.85M | $6.10M | $9.72M | $8.74M |
| High Forecast | $25.26M | $25.40M | $24.81M | $23.59M | $23.30M | $21.57M | $19.24M | $17.72M | $16.95M | $17.59M | $17.80M | $25.32M | $17.13M | $18.58M | $19.64M | $23.02M | $20.19M | $26.15M | $20.72M | $20.92M | $15.90M | $17.53M | $15.79M | $13.09M | $13.05M | $10.98M | $8.85M | $7.32M | $9.72M | $8.74M |
| Low Forecast | $25.01M | $25.14M | $24.56M | $23.35M | $23.06M | $21.35M | $19.04M | $17.54M | $16.78M | $17.40M | $17.80M | $16.88M | $16.35M | $18.39M | $19.44M | $15.34M | $13.46M | $26.15M | $20.72M | $13.95M | $15.90M | $17.53M | $15.79M | $8.72M | $13.05M | $10.98M | $8.85M | $4.88M | $9.72M | $8.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.80% | 1.31% | -0.46% | 0.95% | 1.12% | 1.09% | 1.19% | 0.93% | 0.84% | 1.11% | 0.90% | 0.98% | 1.22% | 1.00% | 0.81% | 0.88% |
Metropolitan Bank's average Quarter net income forecast for Dec 23 is $16.80M, with a range of $16.35M to $17.13M. MCB's average Quarter net income forecast represents a -23.87% decrease compared to the company's last Quarter net income of $22.06M (Sep 23).
Metropolitan Bank SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.19M | $16.93M | $19.07M | $16.92M | $14.57M | $13.41M | $13.42M | $12.00M | $11.27M | $11.21M | $11.43M | $9.84M | $9.94M | $10.06M | $9.96M | $7.96M | $7.88M |
| Avg Forecast | $24.00M | $23.58M | $22.84M | $22.00M | $21.56M | $20.83M | $19.78M | $18.92M | $18.67M | $18.47M | $18.76M | $18.98M | $17.12M | $16.91M | $17.24M | $17.26M | $14.26M | $15.07M | $12.81M | $15.69M | $10.63M | $9.93M | $8.97M | $12.99M | $8.09M | $7.92M | $7.53M | $13.77M | $6.65M | $6.27M |
| High Forecast | $24.09M | $23.67M | $22.93M | $22.09M | $21.64M | $20.91M | $19.86M | $19.00M | $18.75M | $18.54M | $18.76M | $22.78M | $17.22M | $16.98M | $17.30M | $20.71M | $17.11M | $15.07M | $12.81M | $18.83M | $10.63M | $9.93M | $8.97M | $15.58M | $8.09M | $7.92M | $7.53M | $16.52M | $6.65M | $6.27M |
| Low Forecast | $23.90M | $23.48M | $22.75M | $21.92M | $21.47M | $20.75M | $19.71M | $18.85M | $18.60M | $18.40M | $18.76M | $15.19M | $17.02M | $16.84M | $17.17M | $13.81M | $11.40M | $15.07M | $12.81M | $12.55M | $10.63M | $9.93M | $8.97M | $10.39M | $8.09M | $7.92M | $7.53M | $11.01M | $6.65M | $6.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.98% | 1.11% | 1.19% | 0.97% | 1.05% | 0.86% | 1.13% | 1.13% | 1.25% | 0.88% | 1.22% | 1.26% | 1.34% | 0.72% | 1.20% | 1.26% |
Metropolitan Bank's average Quarter SG&A projection for Dec 23 is $17.12M, based on 2 Wall Street analysts, with a range of $17.02M to $17.22M. The forecast indicates a -10.80% fall compared to MCB last annual SG&A of $19.19M (Sep 23).
Metropolitan Bank EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.99 | $1.39 | $2.26 | $-0.71 | $2.28 | $2.12 | $1.74 | $1.75 | $1.88 | $1.60 | $1.46 | $1.43 | $1.31 | $1.31 | $0.74 | $0.96 | $0.94 |
| Avg Forecast | $2.22 | $2.23 | $2.18 | $2.07 | $2.05 | $1.90 | $1.69 | $1.56 | $1.49 | $1.55 | $1.57 | $1.34 | $1.48 | $1.63 | $1.73 | $1.79 | $2.33 | $2.33 | $1.85 | $1.55 | $1.42 | $1.56 | $1.41 | $1.30 | $1.17 | $0.98 | $0.79 | $0.72 | $0.87 | $0.78 |
| High Forecast | $2.23 | $2.24 | $2.19 | $2.09 | $2.06 | $1.91 | $1.70 | $1.57 | $1.50 | $1.55 | $1.57 | $1.34 | $1.51 | $1.64 | $1.74 | $1.80 | $2.34 | $2.33 | $1.85 | $1.62 | $1.42 | $1.56 | $1.41 | $1.30 | $1.17 | $0.98 | $0.79 | $0.72 | $0.87 | $0.78 |
| Low Forecast | $2.21 | $2.22 | $2.17 | $2.06 | $2.04 | $1.89 | $1.68 | $1.55 | $1.48 | $1.54 | $1.57 | $1.34 | $1.45 | $1.63 | $1.72 | $1.78 | $2.31 | $2.33 | $1.85 | $1.49 | $1.42 | $1.56 | $1.41 | $1.30 | $1.17 | $0.98 | $0.79 | $0.72 | $0.87 | $0.78 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.80% | 1.27% | -0.31% | 0.98% | 1.15% | 1.12% | 1.23% | 1.20% | 1.13% | 1.12% | 1.23% | 1.34% | 1.66% | 1.03% | 1.11% | 1.21% |
According to 2 Wall Street analysts, Metropolitan Bank's projected average Quarter EPS for Dec 23 is $1.48, with a low estimate of $1.45 and a high estimate of $1.51. This represents a -25.39% decrease compared to MCB previous annual EPS of $1.99 (Sep 23).