Metropolitan Bank Holding Corp. Hits Day Low at $85 Amid Price Pressure

Metropolitan Bank Holding Corp. has experienced a significant decline today, with the stock dropping by 8.04%. The stock reached an intraday low of USD 85.00, reflecting a challenging day for the small-cap regional bank. In terms of performance metrics, Metropolitan Bank's one-day performance stands in stark contrast to the S&P 500, which has gained 0.69% during the same period. Over the past week, the stock has also seen a decrease of 8.03%, while its one-month performance shows a decline of 2.78%. However, on a yearly basis, Metropolitan Bank has performed well, with a notable increase of 46.42%, significantly outpacing the S&P 500's 12.95% gain. The bank's market capitalization is currently at USD 969 million, with a price-to-earnings ratio of 11.00. Additionally, it boasts a dividend yield of 17.15% and a return on equity of 9.57%. Despite today's downturn, the bank's long-term performance metrics indicate resilience, with a three-year growth of 54.66% and a five-year increase of 66.83%.