Lowey Dannenberg, P.C. is Investigating Metropolitan Bank Holding Corp. (NYSE: MCB) for Potential Violations of the Federal Securities Laws

NEW YORK, July 31, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Metropolitan Bank Holding Corp. (NYSE: MCB) (“Metropolitan” or the “Company”) for potential violations of the federal securities laws.

On July 21, 2026, Metropolitan reported its financial results for the second quarter of 2026. Among other items, Metropolitan reported revenue and GAAP net income that fell short of analyst expectations. Metropolitan also disclosed a sharp increase in provisioning for credit losses, which more than doubled to $13.3 million, which management attributed to difficulties with a single commercial and industrial loan, as well as the charge-off of a commercial real estate loan. Following this news, the price of Metropolitan stock fell $8.88 per share, or approximately 8.96%, to close at $90.19 per share on July 22, 2026, causing losses to shareholders.