Metropolitan Bank Holding Corp. Common Stock (MCB)

Solid earnings are helping to reverse a year-long sell-off in the stock.

Fed's rate cut boosts banking sector, JPMorgan analyst predicts NIM and loan demand growth, offers investment opportunities in large, mid, and small-cap banks

MCB stock results show that Metropolitan Bank Holding missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

US regional banks gain as investors rotate from large-cap to small-cap stocks, with the SPDR S&P Regional Banking ETF rallying 4.5% on Tuesday.

Regional bank stocks (i.e., Metropolitan Bank) represented by SPDR S&P Regional Banking ETF, have rebounded after hitting 200-day moving average.

The Dow Jones Industrial Average is up 169 points this afternoon, but the triple-digit pop may not be enough to save the blue-chip index from a third-straight weekly loss.

MCB stock results show that Metropolitan Bank Holding beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

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NYCB faces leadership change and material weaknesses in loan review processes, causing a 30% stock drop and concerns from analysts.

Several regional bank stocks are moving lower Thursday after New York Community Bancorp reported weak financial results and reduced its quarterly dividend, raising concerns about the current state of the banking sector.

Regional bank stocks are volatile due to NYCB's disappointing results and concerns about the sector's challenges, particularly in commercial real estate.