Your email has been successfully added to our mailing list.

×
0 -0.0413570274636511 -0.0413570274636511 -0.0413570274636511 -0.0413570274636511 -0.0413570274636511 -0.0306946688206786 -0.000646203554119572
Stock impact report

Metropolitan Bank Holding Corp. Launches Public Offering of Common Stock

Metropolitan Bank Holding Corp. (MCB) 
NASDAQ:AMEX Investor Relations: metropolitanbankny.com/about-us.aspx
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (NYSE: MCB) (the “Company”), the holding company for Metropolitan Commercial Bank (the “Bank”), today announced it launched an underwritten public offering of $175.0 million of common stock. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock sold in connection with the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.The Company plans to use the net proceeds from the offering to support its organic growth initiatives, investments in the Bank, working capital for ongoing operations, and general corporate purposes.UBS Investment Bank and Hovde Group, LLC are acting as joint book-running managers.The Company has filed with the Securities and Exchange Commission (the “SEC”) a shelf registra Show less Read more
Impact Snapshot
Event Time:
MCB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MCB alerts
Opt-in for
MCB alerts

from News Quantified
Opt-in for
MCB alerts

from News Quantified