Metropolitan Bank: Bullish Signals Are Still Strong After Its Rebound

  • Metropolitan Bank Holding Corp. remains a resilient portfolio addition, driven by strong loan origination, robust asset quality, and prudent balance sheet management. The bank's high exposure to commercial loans and stable CRE demand supports asset quality, with NPL ratio dropping to 0.54%, ensuring liquidity and safety. MCB is still fairly valued at 0.98x BVPS, offering a reasonable entry point with a 4% upside potential despite recent price appreciation.