Metropolitan Bank Director Sells 5,000 Shares as Stock Climbs 42% in a Year

Robert C. Patent, a director of Metropolitan Bank Holding Corp. (MCB), sold 5,000 shares (~$451,000) on June 4, 2026, reducing his direct holdings by 4.94%. The sale represents routine profit-taking after the stock's 42% year-over-year gain. Despite the insider sale, the bank demonstrated strong operational performance with Q1 diluted EPS of $2.92 (up from $1.45), 28% net interest income growth, 11% loan growth, and a 25% dividend increase.