Stock fact sheet · data as of
Metropolitan Bank Holding Corp. (MCB): fair value, margin of safety and Wheel Score
Ticker symbol MCB · Financial Services · Banks - Regional · United States · Blend
Is MCB undervalued?
At 97.68 (close of 5 Nov 2026), MCB trades 36% below the GLS average fair value of 153.79. That average comes from 9 models run on the latest filings, and 7 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Metropolitan Bank Holding Corp. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 9 models disagree widely: DDM gives 17.66 while Graham Growth gives 385.47. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for MCB, so the nightly engine files it under Blend (value score 66, growth score 52, out of 100).
Nine valuation models for MCB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 73.66 | -25% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 126.46 | +29% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 385.47 | +295% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 158.72 | +62% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 177.54 | +82% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 190.01 | +95% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 154.22 | +58% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.66 | -82% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 100.39 | +3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -529.77 | -642% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 100.00 | +2% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - MCB passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.3 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 9.4%, ROE 9.6%, ROA 0.9% - with debt at 0.01 times equity and a free-cash-flow yield of 5.6%.
The dividend yield is 1.23% with a payout ratio of 6% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Deposit Account 86%, Financial Service, Other 14% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 9.4% |
|---|---|---|---|
| GLS Moat | 6.3 / 10 | ROE | 9.6% |
| Debt / equity | 0.01 | ROA | 0.9% |
| Free-cash-flow yield | 5.6% | Payout ratio | 6% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 45: Weak
MCB scores 45 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (294 open interest, 181 a day), and the parts are thin too - value strong, premium fair, moat good, health good, red flags strong, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 28% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 294 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 162k shares a day on a market cap of $1.2B, with a beta of 1.02; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (294 open interest, 181 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 36% below fair value | |
| Premium | Fair | implied volatility 28% | |
| Moat | Good | moat 6.3/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Weak | 181 contracts a day, 294 open interest | |
| Stability | Fair | beta 1.02, $1.2B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 19 Jan 2027, 75 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Metropolitan Bank Holding Corp. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FMBL Farmers & Merchants Bank of Long Beach | 9,850.00 | 9,205.09 | -7% | 19No options | $1.2B |
| HFWA Heritage Financial Corporation | 29.18 | 48.18 | +39% | 50Fair | $1.2B |
| AMTB Amerant Bancorp Inc. | 30.07 | 49.07 | +39% | 48Weak | $1.2B |
| WTBFB W.T.B. Financial Corporation | 461.18 | 520.63 | +11% | 27No options | $1.2B |
| PFBC Preferred Bank | 106.87 | 202.95 | +47% | 42Weak | $1.3B |
| DCBG Dime Commercial Bancshares, Inc. | 26.29 | 65.88 | +60% | 31No options | $1.2B |
| OSBC Old Second Bancorp, Inc. | 25.19 | 36.94 | +32% | 50Fair | $1.3B |
| CTBI Community Trust Bancorp, Inc. | 70.71 | 104.51 | +32% | 48Weak | $1.3B |
| UVSP Univest Financial Corporation | 41.49 | 48.94 | +15% | 71Good | $1.1B |
| NBN Northeast Bank | 130.69 | 254.86 | +49% | 33No options | $1.1B |
| FSBC Five Star Bancorp | 45.29 | 51.23 | +12% | 41Weak | $1.1B |
| HBNC Horizon Bancorp, Inc. | 21.44 | 23.72 | +10% | 36Weak | $1.1B |
⚖ Compare MCB with 7 of them All Financial Services stocks →
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about MCB
Is MCB undervalued right now?
By the GLS models, yes: at 97.68 the stock is 36% below the average fair value of 153.79 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of MCB and what does it mean?
MCB scores 45 out of 100 (Weak) - it fails Wheel Trade Filter 1. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for MCB?
153.79 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Metropolitan Bank Holding Corp. report earnings next?
The next earnings report is due on 19 Jan 2027, 75 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does MCB have listed options, and how liquid are they?
Yes. The nightly snapshot found 60 listed contracts with 294 open interest across all expiries and implied volatility of 28% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.