Metropolitan Bank Holding Corp. (MCB) Key Metrics
MCB valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.08B
- Enterprise value
- $874.4M
- P/E (TTM)
- 11.2 10-yr median 11.1
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 3.5 10-yr median 2.3
- Price / book
- 1.1 10-yr median 1.1
- EV / EBITDA
- — 10-yr median 6.8
- Dividend yield
- 1.60% $1.40 a year
- Beta
- 1.04
MCB key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMCB valuation Price multiples at each fiscal year-end price.
MCB returns How much profit the business earns on the capital it uses.
MCB per-share figures Results divided by the shares outstanding at year-end.
MCB financial health Debt, liquidity and how easily interest is covered.
MCB efficiency & capital use Working capital cycle and where the cash goes.
MCB valuation history
MCB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MCB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MCB cash returned to shareholders
MCB price vs earnings per share
MCB key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $820.2M | $657.3M | $616.4M | $657.1M | $987.8M | $304.6M | $402.2M | $257.6M | $345.1M | — |
| Enterprise value | −$113.4M | $847.6M | $893.5M | $657.4M | −$1.84B | −$718.9M | $8.2M | $201.7M | $184.1M | — |
| P/E ratio | 11.5 | 9.9 | 8.0 | 11.1 | 16.3 | 7.7 | 13.3 | 10.1 | 27.9 | — |
| Price / sales | 1.6 | 1.3 | 1.6 | 2.3 | 5.0 | 1.9 | 2.9 | 2.7 | 4.8 | — |
| Price / book | 1.1 | 0.9 | 0.9 | 1.1 | 1.8 | 0.9 | 1.3 | 1.0 | 1.5 | — |
| Price / free cash flow | 10.0 | 4.5 | 16.8 | 9.9 | 29.7 | 3.7 | 12.5 | 10.3 | 11.8 | — |
| Price / operating cash flow | 9.2 | 4.4 | 14.5 | 7.7 | 26.5 | 3.5 | 10.3 | 9.5 | 11.0 | — |
| EV / sales | -0.2 | 1.7 | 2.4 | 2.3 | -9.3 | -4.5 | 0.1 | 2.1 | 2.6 | — |
| EV / EBITDA | — | 9.9 | 8.4 | 6.2 | — | — | 0.2 | 5.3 | 7.5 | — |
| EV / free cash flow | — | 5.8 | 24.4 | 9.9 | — | — | 0.3 | 8.0 | 6.3 | — |
| Earnings yield | 8.7% | 10.1% | 12.5% | 9.0% | 6.1% | 13.0% | 7.5% | 9.9% | 3.6% | — |
| Free cash flow yield | 10.0% | 22.2% | 6.0% | 10.1% | 3.4% | 27.4% | 8.0% | 9.7% | 8.5% | — |
| Dividend yield | 0.4% | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | — | — | 0.0% | — |
| Shareholder yield (dividends + buybacks) | 9.8% | 0.7% | 0.5% | 0.3% | 0.7% | 0.3% | 0.0% | 0.1% | 0.1% | — |
| Share price at fiscal year-end | $76.36 | $58.40 | $55.38 | $58.67 | $106.53 | $36.27 | $48.23 | $30.85 | $42.10 | — |
| Per share | ||||||||||
| Revenue per share | $49.08 | $43.73 | $33.73 | $25.65 | $21.24 | $19.06 | $16.84 | $11.51 | $8.79 | $6.36 |
| Earnings per share | $6.62 | $5.93 | $6.94 | $5.31 | $6.53 | $4.70 | $3.61 | $3.06 | $1.51 | $0.65 |
| Operating cash flow per share | $8.26 | $13.19 | $3.81 | $7.67 | $4.02 | $10.39 | $4.67 | $3.24 | $3.84 | $1.88 |
| Free cash flow per share | $7.67 | $12.96 | $3.30 | $5.95 | $3.59 | $9.93 | $3.85 | $3.01 | $3.57 | $1.73 |
| Cash per share | $87.94 | $23.74 | $24.21 | $22.98 | $315.54 | $134.60 | $75.09 | $31.79 | $35.80 | $15.55 |
| Book value per share | $69.18 | $64.84 | $59.21 | $51.42 | $60.07 | $40.58 | $35.87 | $31.67 | $28.90 | $14.16 |
| Tangible book value per share | $69.18 | $64.84 | $59.21 | $43.78 | $57.97 | $38.26 | $33.54 | $29.34 | $26.53 | $11.64 |
| Dividends per share | $0.29 | $0.00 | $0.00 | $0.02 | $0.43 | $0.00 | — | — | $0.00 | $0.44 |
| Capex per share | $0.58 | $0.23 | $0.52 | $1.72 | $0.43 | $0.47 | $0.82 | $0.24 | $0.27 | $0.15 |
| Debt per share | $1.02 | $40.64 | $49.11 | $23.01 | $11.05 | $12.73 | $27.84 | $25.09 | $16.16 | $15.47 |
| Shares outstanding | 10.7M | 11.3M | 11.1M | 11.2M | 9.3M | 8.4M | 8.3M | 8.4M | 8.2M | 7.7M |
| Change in shares outstanding | −4.6% | +1.1% | −0.6% | +20.8% | +10.4% | +0.7% | −0.1% | +1.9% | +6.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.7% | 9.6% | 12.5% | 10.5% | 13.5% | 12.3% | 10.7% | 10.2% | 7.1% | 5.4% |
| Return on invested capital (ROIC) | — | 7.2% | 10.2% | — | — | — | — | 18.0% | 13.4% | 4.8% |
| Return on assets (ROA) | 0.9% | 0.9% | 1.2% | 0.9% | 1.1% | 1.0% | 1.1% | 1.3% | 0.8% | 0.5% |
| Return on tangible assets | 0.9% | 0.9% | 1.1% | 1.0% | 0.9% | 0.9% | 0.9% | 1.2% | 0.7% | 0.4% |
| Free cash flow margin | 15.6% | 29.6% | 9.8% | 23.2% | 16.9% | 52.1% | 22.9% | 26.1% | 40.6% | 27.2% |
| Income quality (OCF / net income) | 1.25 | 2.23 | 0.55 | 1.45 | 0.62 | 2.21 | 1.29 | 1.06 | 2.54 | 2.90 |
| Financial health | ||||||||||
| Total debt | $11.0M | $457.4M | $546.6M | $257.7M | $102.5M | $106.9M | $232.2M | $209.5M | $132.4M | $119.7M |
| Cash & short-term investments | $944.6M | $267.2M | $269.5M | $257.4M | $2.93B | $1.13B | $626.2M | $265.5M | $293.4M | $120.3M |
| Net debt | −$933.7M | $190.3M | $277.1M | $307,000 | −$2.82B | −$1.02B | −$394.0M | −$56.0M | −$161.0M | −$602,000 |
| Debt / equity | 0.01 | 0.63 | 0.83 | 0.45 | 0.18 | 0.31 | 0.78 | 0.79 | 0.56 | 1.09 |
| Debt / assets | 0.00 | 0.06 | 0.08 | 0.04 | 0.01 | 0.02 | 0.07 | 0.10 | 0.08 | 0.10 |
| Net debt / EBITDA | −10.32 | 2.22 | 2.59 | 0.00 | −29.84 | −16.37 | −8.63 | −1.47 | −6.56 | −0.07 |
| Current ratio | 0.13 | 0.04 | 0.06 | 0.06 | 80.23 | 18.78 | 26.26 | 0.17 | 0.92 | 1.41 |
| Quick ratio | 0.13 | 0.04 | 0.07 | 0.13 | 82.49 | 19.57 | 27.66 | 0.34 | 26.57 | 21.08 |
| Interest coverage | 0.5 | 0.5 | 0.7 | 3.1 | 5.5 | 3.2 | 1.4 | 2.9 | 2.7 | 1.3 |
| Working capital | −$6.43B | −$5.72B | −$5.38B | −$4.93B | $2.94B | $1.11B | $626.0M | −$1.41B | −$1.8M | $4.6M |
| Invested capital | −$190.6M | $920.1M | $936.1M | $576.2M | −$2.27B | −$682.7M | −$94.8M | $208.6M | $75.9M | $108.9M |
| Tangible asset value | $743.1M | $729.8M | $659.0M | $490.3M | $537.5M | $321.3M | $279.7M | $245.1M | $217.4M | $90.0M |
| Net current asset value | −$6.57B | −$6.30B | −$6.05B | −$5.35B | −$3.58B | −$2.82B | −$2.41B | −$1.63B | −$1.50B | −$1.10B |
| Graham number | $101.50 | $92.98 | $96.17 | $78.35 | $93.95 | $65.50 | $54.00 | $46.70 | $31.33 | $14.37 |
| Graham net-net per share | −$611.45 | −$560.09 | −$548.18 | −$494.76 | −$391.90 | −$339.81 | −$291.54 | −$213.77 | −$183.22 | −$140.72 |
| Capital allocation | ||||||||||
| Dividends paid | $3.1M | $0 | $0 | $194,000 | $4.0M | $41,000 | — | — | $0 | $3.4M |
| Share buybacks (net) | $77.0M | $4.6M | $3.2M | $1.6M | $3.4M | $881,000 | $89,000 | $132,000 | $255,000 | $4.1M |
| Dividend payout ratio | 4.4% | 0.0% | 0.0% | 0.3% | 6.6% | 0.1% | — | — | 0.0% | 68.2% |
| Dividends + buybacks / free cash flow | 97.2% | 3.1% | 8.6% | 2.6% | 22.2% | 1.1% | 0.3% | 0.5% | 0.9% | 56.0% |
| Capex / revenue | 1.2% | 0.5% | 1.5% | 6.7% | 2.0% | 2.4% | 4.9% | 2.0% | 3.1% | 2.4% |
| Capex / operating cash flow | 7.1% | 1.8% | 13.6% | 22.4% | 10.7% | 4.5% | 17.5% | 7.3% | 7.0% | 8.1% |
| Capex / depreciation | — | — | 0.80 | 1.98 | 0.79 | 0.85 | 4.24 | 1.45 | 2.26 | 1.50 |
| Stock-based compensation / revenue | 1.7% | 1.8% | 2.6% | 2.7% | 2.4% | 2.1% | 2.2% | 2.2% | 0.6% | 4.7% |
| SG&A / revenue | 17.9% | 18.2% | 4.8% | 21.5% | 25.3% | 26.1% | 22.3% | 26.7% | 28.8% | 39.6% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 84.2 | 89.3 | 88.5 | 74.2 | 57.0 | 75.7 | 92.0 | 72.9 |
| Days of inventory on hand | — | — | -441.4 | -1,868.7 | -1,208.8 | -554.0 | -1,648.7 | -10,005.1 | -9,213.5 | -5,647.2 |
| Days payables outstanding | — | — | — | 385.7 | 903.6 | 574.9 | 223.2 | 485.1 | 389.3 | 218.4 |
| Cash conversion cycle (days) | — | — | — | -2,165.0 | -2,023.8 | -1,054.7 | -1,814.9 | -10,414.6 | -9,510.9 | -5,792.7 |
| Receivables turnover | — | — | 4.33 | 4.09 | 4.12 | 4.92 | 6.40 | 4.82 | 3.97 | 5.01 |
| Payables turnover | — | — | — | 0.95 | 0.40 | 0.63 | 1.64 | 0.75 | 0.94 | 1.67 |
| Asset turnover | 0.07 | 0.07 | 0.06 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Average receivables | — | — | $86.6M | $70.3M | $47.8M | $32.6M | $21.9M | $19.9M | $18.2M | $9.8M |
| Average payables | — | — | — | $44.1M | $49.8M | $43.6M | $22.3M | $21.1M | $16.8M | $8.5M |
| Average inventory | — | — | −$199.3M | −$213.5M | −$66.6M | −$42.0M | −$164.4M | −$434.6M | −$397.1M | −$218.9M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 1.4% | 0.3% | 0.4% | 0.6% | 0.9% | 1.1% | 1.6% |
Computed from MCB's annual financial statements (latest annual report filed February 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MCB valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Metropolitan Bank traded at 11.5 times earnings, against a 10-year median of 11.1. Based on the latest twelve months, the trailing P/E is 11.2. Metropolitan Bank earned a return on equity of 9.7% in fiscal 2025. It ended the year with $11.0 million of debt and $944.6 million in cash and short-term investments, a net cash position of $933.7 million. It returned $80.1 million to shareholders: $3.1 million in dividends and $77.0 million in share buybacks, 97% of free cash flow. The share count rose 38.9% from 7.7M to 10.7M over 9 years.
See the MCB income statement, the MCB chart for price history, or the MCB stock overview for the latest quote and news.
MCB key metrics FAQ
What is Metropolitan Bank's P/E ratio?
Metropolitan Bank's trailing P/E ratio is 11.2 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was 11.5, compared with a 10-year median of 11.1.
What is Metropolitan Bank's return on equity?
Metropolitan Bank's return on equity (ROE) was 9.7% in fiscal 2025: net income of $71.1 million on average shareholders' equity of $736.5 million.
How much debt does Metropolitan Bank have?
Metropolitan Bank had total debt of $11.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Metropolitan Bank's dividend yield?
Metropolitan Bank's forward dividend yield is 1.60%. Metropolitan Bank paid $3.1 million in dividends in fiscal 2025 ($0.29 per share), a payout ratio of 4.4%.
Does Metropolitan Bank buy back its shares?
Yes. Metropolitan Bank spent $77.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.6% over the year, to 10.7M..
What is Metropolitan Bank's free cash flow yield?
Metropolitan Bank generated $82.4 million of free cash flow in fiscal 2025, a free cash flow yield of 10.0% on its market value at year-end ($820.2 million).
What is Metropolitan Bank's current ratio?
Metropolitan Bank's current ratio was 0.13 at the end of fiscal 2025: current assets were 0.13 times current liabilities.