Metropolitan Bank Director Sells 5,000 Shares as Stock Climbs 42% in a Year
Written by Jonathan Ponciano for The Motley Fool -> An MCB director sold 5,000 shares for a total transaction value of approximately $451,000 on June 4, 2026. This disposition represented 4.94% of Patent's direct common stockholdings, reducing his direct ownership to 96,185 sha
An MCB director sold 5,000 shares for a total transaction value of approximately $451,000 on June 4, 2026.
This disposition represented 4.94% of Patent's direct common stockholdings, reducing his direct ownership to 96,185 shares.
The transaction involved only direct holdings, with no indirect entities or derivative securities reported.
Robert C. Patent, a director of Metropolitan Bank Holding Corp. (NYSE:MCB) , reported the sale of 5,000 shares in an open-market transaction on June 4, 2026, according to a SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average purchase price ($90.21); post-transaction value based on June 4, 2026 market close, with direct holdings valued at $8,692,238.45.
Metropolitan Bank Holding Corp. is a New York-based regional bank focused on providing tailored financial solutions to business and retail clients. The company leverages a combination of physical branch presence and advanced digital banking platforms to drive growth and operational efficiency.
This sale looks like normal profit-taking or routine portfolio management after a strong run. Patent sold less than 5% of his direct holdings, and the transaction falls roughly in line with his typical sale size over the past two years. Just as important, he still owns more than 96,000 shares, leaving substantial skin in the game. The backdrop is a business that has been firing on most cylinders. Metropolitan Bank reported first-quarter diluted earnings per share of $2.92, up from $1.45 a year earlier, while net interest income jumped 28% to $85.9 million. Total loans reached $7.0 billion, up 11% year over year, and deposits climbed 20% to $7.7 billion. Management also strengthened the balance sheet through a roughly $187 million net equity raise and increased the quarterly dividend by 25% to $0.25 per share. CEO Mark DeFazio said the quarter reflected the "continued strength and momentum" of the bank's model, highlighting margin expansion, loan growth, and a capital position that supports future expansion. For long-term investors, the bigger story is operational execution rather than a relatively modest insider sale. With shares already up 42% over the past year, some profit-taking is hardly surprising. The more important question is whether Metropolitan can continue translating loan and deposit growth into durable earnings growth. Recent results suggest it's doing exactly that.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Metropolitan Bank wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
