MCB Appoints New VP to Strengthen Florida Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 hours ago
0mins
Should l Buy MCB?
Source: Newsfilter
- New Appointment for Expansion: MCB announced the hiring of Jessica Raffo as Vice President and Director of Association Banking for Florida, aiming to drive the bank's expansion in the state by enhancing client relationships and fostering new business development in collaboration with teams in Miami and West Palm Beach.
- Rich Industry Experience: Raffo brings over a decade of experience in the condominium and homeowners association sector, most recently serving as Vice President at U.S. Century Bank, where she was instrumental in expanding the bank's presence in South Florida through strategic relationship management.
- Relationship-Driven Financial Solutions: Her focus has been on building and strengthening partnerships with management companies, helping them deliver greater value to their association clients through tailored financial solutions while also supporting the scalability and growth of their platforms.
- Strategic Market Opportunity: Raffo expressed excitement about the significant opportunities in the Florida market and looks forward to collaborating with the team to deliver value-driven solutions that support clients across the state, further solidifying MCB's market position locally.
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Analyst Views on MCB
Wall Street analysts forecast MCB stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 89.020
Low
86.00
Averages
88.00
High
90.00
Current: 89.020
Low
86.00
Averages
88.00
High
90.00
About MCB
Metropolitan Bank Holding Corp. is a bank holding company. Through its wholly owned bank subsidiary, Metropolitan Commercial Bank, a New York state-chartered commercial bank, the Company provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and individuals primarily in the New York metropolitan area. In addition to traditional commercial banking products, the Company offers corporate cash management and retail banking services, customized financial solutions for government entities, municipalities, public institutions and charter schools, and specialized services. It offers a range of lending products, with a primary focus on commercial real estate (CRE) and commercial and industrial (C&I) loans. Its CRE products include acquisition loans, loans to refinance or return borrower equity on income-producing properties, renovation loans, loans on owner-occupied properties and construction loans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
MCB Appoints New VP to Strengthen Florida Operations
- New Appointment for Expansion: MCB announced the hiring of Jessica Raffo as Vice President and Director of Association Banking for Florida, aiming to drive the bank's expansion in the state by enhancing client relationships and fostering new business development in collaboration with teams in Miami and West Palm Beach.
- Rich Industry Experience: Raffo brings over a decade of experience in the condominium and homeowners association sector, most recently serving as Vice President at U.S. Century Bank, where she was instrumental in expanding the bank's presence in South Florida through strategic relationship management.
- Relationship-Driven Financial Solutions: Her focus has been on building and strengthening partnerships with management companies, helping them deliver greater value to their association clients through tailored financial solutions while also supporting the scalability and growth of their platforms.
- Strategic Market Opportunity: Raffo expressed excitement about the significant opportunities in the Florida market and looks forward to collaborating with the team to deliver value-driven solutions that support clients across the state, further solidifying MCB's market position locally.
See More
Metropolitan Bank to Release Q1 2026 Financial Results
- Earnings Release Schedule: Metropolitan Bank Holding Corp. is set to release its Q1 2026 financial results after market close on April 21, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will hold a conference call on April 22, 2026, at 9:00 a.m. ET to discuss the financial results, allowing broad investor participation through a dedicated phone line, which enhances engagement with stakeholders.
- Webcast Availability: The earnings call will be broadcast live online, requiring investors to register 15 minutes prior, showcasing the company's efforts in digital communication and enhancing investor interaction.
- Industry Recognition: Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks in 2024 and 2025, and ranked as a top ten loan producer in 2024 by the Independent Community Bankers of America, reflecting its competitive position and market strength in the banking sector.
See More
Metropolitan Bank Raises $17.2 Million Through Stock Offering
- Stock Offering Details: Metropolitan Bank has raised approximately $17.2 million by issuing an additional 213,395 shares at a public offering price of $85.00 per share, enhancing its capital base to support future growth initiatives.
- Underwriter Role: UBS Investment Bank and Hovde Group, LLC acted as joint book-running managers for the offering, ensuring a smooth issuance process and increasing market attention on the company's stock, thereby solidifying its position in the capital markets.
- Registration Statement Information: The offering was conducted under an effective shelf registration statement on Form S-3, complying with securities law requirements, which enhances transparency and investor confidence in the company's governance.
- Bank Background: Metropolitan Commercial Bank was recognized as one of Newsweek's Best Regional Banks for 2024 and 2025, and ranked among the top ten loan producers in 2024 by the Independent Community Bankers of America, showcasing its competitive strength and market influence.
See More
Wagner College to Honor Jane V. DeFazio with Humanitarian Award
- Humanitarian Award Presentation: Wagner College will honor Dr. Jane V. DeFazio and Mark R. DeFazio with the Monroe J. Klein '66 Humanitarian Award at the 2026 Community Mitzvah Awards Dinner, recognizing their long-standing commitment to education and humanitarian initiatives, highlighting their significant roles in community service.
- Awards Dinner Details: The awards dinner is scheduled for March 18, 2026, from 6:00 PM to 10:00 PM at Wagner College's Union Dining Hall in Staten Island, New York, aimed at celebrating individuals who have excelled in Jewish life and promoting unity and leadership within the community.
- Education and Compassion: Dr. Jane V. DeFazio, an Associate Professor at Wagner College's School of Nursing, is dedicated to fostering empathy and reflective practice in future nurses, with research exploring the intersection of healthcare and Holocaust history, reflecting her passion for education and support for humanitarian efforts.
- Business and Philanthropy: Mark R. DeFazio, Founder and CEO of Metropolitan Commercial Bank, has transformed the institution from a community bank into a leading NYSE-listed commercial bank, actively supporting educational and charitable organizations, demonstrating a balance between business success and social responsibility.
See More
Metropolitan Commercial Bank Expands National Healthcare Lending Platform
- HUD Approval: Metropolitan Commercial Bank has received approval from the U.S. Department of Housing and Urban Development to participate in the Multifamily Accelerated Processing (MAP) and LEAN (Section 232) programs, which authorizes the bank to issue FHA-insured loans for healthcare facilities nationwide, significantly enhancing its competitive position in the healthcare lending market.
- Strategic Expansion: This approval marks a significant strategic expansion of the bank's commercial healthcare lending platform, expected to attract high-quality, low-cost deposits, thereby strengthening the bank's earnings profile and funding base while reinforcing its status as a leading healthcare lender.
- Flexible Financing Solutions: Through the FHA 232 program, the bank can provide long-term, fixed-rate financing solutions that meet the healthcare sector's demand for stable capital, supporting operators in acquisitions and refinancing, which promotes sustained growth in the industry.
- Marketing Initiative: Metropolitan Commercial Bank plans to actively market its HUD MAP/LEAN lending platform immediately, which is expected to offer flexible financing options for healthcare facilities, further enhancing its market share and influence in the healthcare lending sector.
See More
Metropolitan Bank Launches Public Offering of Common Stock
- Offering Size: Metropolitan Bank (MCB) priced an underwritten public offering of 2.1 million shares of common stock at $85.00 per share, with gross proceeds expected to be approximately $178.5 million, potentially rising to $205.3 million if underwriters exercise their 15% option.
- Use of Proceeds: The net proceeds from this offering will support the bank's organic growth initiatives, investments, working capital for ongoing operations, and general corporate purposes, indicating a strategic focus on future development.
- Market Reaction: Following the announcement of the public offering, MCB's stock price dropped 1.3% in pre-market trading on Thursday, reflecting a cautious market sentiment that may impact investor confidence.
- Future Outlook: Metropolitan Bank aims for a 12% loan growth and modest net interest margin expansion in 2026 while expanding its branch presence, signaling the company's pursuit of further growth opportunities in a competitive market.
See More
MCB Appoints New VP to Strengthen Florida Operations
- New Appointment for Expansion: MCB announced the hiring of Jessica Raffo as Vice President and Director of Association Banking for Florida, aiming to drive the bank's expansion in the state by enhancing client relationships and fostering new business development in collaboration with teams in Miami and West Palm Beach.
- Rich Industry Experience: Raffo brings over a decade of experience in the condominium and homeowners association sector, most recently serving as Vice President at U.S. Century Bank, where she was instrumental in expanding the bank's presence in South Florida through strategic relationship management.
- Relationship-Driven Financial Solutions: Her focus has been on building and strengthening partnerships with management companies, helping them deliver greater value to their association clients through tailored financial solutions while also supporting the scalability and growth of their platforms.
- Strategic Market Opportunity: Raffo expressed excitement about the significant opportunities in the Florida market and looks forward to collaborating with the team to deliver value-driven solutions that support clients across the state, further solidifying MCB's market position locally.
See More
Metropolitan Bank to Release Q1 2026 Financial Results
- Earnings Release Schedule: Metropolitan Bank Holding Corp. is set to release its Q1 2026 financial results after market close on April 21, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will hold a conference call on April 22, 2026, at 9:00 a.m. ET to discuss the financial results, allowing broad investor participation through a dedicated phone line, which enhances engagement with stakeholders.
- Webcast Availability: The earnings call will be broadcast live online, requiring investors to register 15 minutes prior, showcasing the company's efforts in digital communication and enhancing investor interaction.
- Industry Recognition: Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks in 2024 and 2025, and ranked as a top ten loan producer in 2024 by the Independent Community Bankers of America, reflecting its competitive position and market strength in the banking sector.
See More
Metropolitan Bank Raises $17.2 Million Through Stock Offering
- Stock Offering Details: Metropolitan Bank has raised approximately $17.2 million by issuing an additional 213,395 shares at a public offering price of $85.00 per share, enhancing its capital base to support future growth initiatives.
- Underwriter Role: UBS Investment Bank and Hovde Group, LLC acted as joint book-running managers for the offering, ensuring a smooth issuance process and increasing market attention on the company's stock, thereby solidifying its position in the capital markets.
- Registration Statement Information: The offering was conducted under an effective shelf registration statement on Form S-3, complying with securities law requirements, which enhances transparency and investor confidence in the company's governance.
- Bank Background: Metropolitan Commercial Bank was recognized as one of Newsweek's Best Regional Banks for 2024 and 2025, and ranked among the top ten loan producers in 2024 by the Independent Community Bankers of America, showcasing its competitive strength and market influence.
See More
Wagner College to Honor Jane V. DeFazio with Humanitarian Award
- Humanitarian Award Presentation: Wagner College will honor Dr. Jane V. DeFazio and Mark R. DeFazio with the Monroe J. Klein '66 Humanitarian Award at the 2026 Community Mitzvah Awards Dinner, recognizing their long-standing commitment to education and humanitarian initiatives, highlighting their significant roles in community service.
- Awards Dinner Details: The awards dinner is scheduled for March 18, 2026, from 6:00 PM to 10:00 PM at Wagner College's Union Dining Hall in Staten Island, New York, aimed at celebrating individuals who have excelled in Jewish life and promoting unity and leadership within the community.
- Education and Compassion: Dr. Jane V. DeFazio, an Associate Professor at Wagner College's School of Nursing, is dedicated to fostering empathy and reflective practice in future nurses, with research exploring the intersection of healthcare and Holocaust history, reflecting her passion for education and support for humanitarian efforts.
- Business and Philanthropy: Mark R. DeFazio, Founder and CEO of Metropolitan Commercial Bank, has transformed the institution from a community bank into a leading NYSE-listed commercial bank, actively supporting educational and charitable organizations, demonstrating a balance between business success and social responsibility.
See More
Metropolitan Commercial Bank Expands National Healthcare Lending Platform
- HUD Approval: Metropolitan Commercial Bank has received approval from the U.S. Department of Housing and Urban Development to participate in the Multifamily Accelerated Processing (MAP) and LEAN (Section 232) programs, which authorizes the bank to issue FHA-insured loans for healthcare facilities nationwide, significantly enhancing its competitive position in the healthcare lending market.
- Strategic Expansion: This approval marks a significant strategic expansion of the bank's commercial healthcare lending platform, expected to attract high-quality, low-cost deposits, thereby strengthening the bank's earnings profile and funding base while reinforcing its status as a leading healthcare lender.
- Flexible Financing Solutions: Through the FHA 232 program, the bank can provide long-term, fixed-rate financing solutions that meet the healthcare sector's demand for stable capital, supporting operators in acquisitions and refinancing, which promotes sustained growth in the industry.
- Marketing Initiative: Metropolitan Commercial Bank plans to actively market its HUD MAP/LEAN lending platform immediately, which is expected to offer flexible financing options for healthcare facilities, further enhancing its market share and influence in the healthcare lending sector.
See More
Metropolitan Bank Launches Public Offering of Common Stock
- Offering Size: Metropolitan Bank (MCB) priced an underwritten public offering of 2.1 million shares of common stock at $85.00 per share, with gross proceeds expected to be approximately $178.5 million, potentially rising to $205.3 million if underwriters exercise their 15% option.
- Use of Proceeds: The net proceeds from this offering will support the bank's organic growth initiatives, investments, working capital for ongoing operations, and general corporate purposes, indicating a strategic focus on future development.
- Market Reaction: Following the announcement of the public offering, MCB's stock price dropped 1.3% in pre-market trading on Thursday, reflecting a cautious market sentiment that may impact investor confidence.
- Future Outlook: Metropolitan Bank aims for a 12% loan growth and modest net interest margin expansion in 2026 while expanding its branch presence, signaling the company's pursuit of further growth opportunities in a competitive market.
See More
