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Scott Lublin, Executive Vice President and Chief Lending Officer at Metropolitan Bank Holding Corp (NASDAQ:MCB), sold 5,000 shares of common stock on October 20, 2025, for approximately $371,794. The sale comes as MCB’s stock has shown strong momentum, gaining over 25% in the past six months. According to InvestingPro data, the company currently trades at an attractive P/E ratio of 12.3x, with analysts recently revising earnings estimates upward.
The sales were executed in four separate transactions. Lublin sold 717 shares at a weighted average price of $73.0509, with prices ranging from $72.4100 to $73.3750, for a total of $52,376. He also sold 2,646 shares at a weighted average price of $74.0121, with prices ranging from $73.4400 to $74.4000, for a total of $195,836. Additionally, Lublin sold 621 shares at a weighted average price of $75.1303, with prices ranging from $74.5000 to $75.3900, for a total of $46,656. Lastly, he sold 1,016 shares at a weighted average price of $75.7139, with prices ranging from $75.4154 to $75.8800, for a total of $76,918.
Following these transactions, Lublin directly owns 41,179 shares of Metropolitan Bank Holding Corp. The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 18, 2025.
In other recent news, Metropolitan Bank Holding Corp. has declared a quarterly cash dividend of $0.15 per share on its common stock, payable on November 14, 2025, to shareholders of record as of October 30, 2025. The company also announced a change in its leadership, with Anthony J. Fabiano being elected as the independent Chairman of the Board, succeeding William Reinhardt, who has served since 2018 and will continue as a board member. Fabiano will also chair the board of directors for the company’s subsidiary, Metropolitan Commercial Bank.
In related developments, the Long Island Rail Road unions have postponed a planned strike, opting instead for mediation in their labor dispute. They have requested President Donald Trump to appoint an emergency board to facilitate this mediation. This decision affects the Metropolitan Transportation Authority, which oversees the rail service. These recent developments highlight significant changes and strategic decisions within Metropolitan Bank Holding Corp. and related entities.
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