Metropolitan Commercial Bank Rings NYSE Opening Bell to Commemorate 25th Anniversary
29 Août 2024 - 6:05PM
Business Wire
Metropolitan Commercial Bank (NYSE: MCB) proudly rang the
Opening Bell at the New York Stock Exchange today to celebrate its
25th Anniversary. This milestone underscores MCB’s commitment to
innovation, growth, and unwavering service to its clients.
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Mark R. DeFazio, Founder, President, and CEO of Metropolitan
Commercial Bank, had the honor of ringing the bell, marking the
beginning of the trading day. The event celebrated the Bank’s
quarter-century of achievements and set the stage for the next
chapter in its ongoing success story.
“Ringing the Opening Bell at the NYSE for our Quarter Century
Anniversary is a moment that will be etched in the history of
Metropolitan Commercial Bank,” said Mark DeFazio. “This occasion
embodies our dedication to building strong relationships, driving
innovation, and creating value for our clients, shareholders, and
community. As we look to the future, we remain committed to our
core principles while embracing the opportunities ahead.”
The ceremony was attended by MCB board members, staff, and their
families. The celebration highlighted MCB’s transformation from a
community bank to a diversified commercial bank with a national
presence, all while maintaining its unwavering commitment to
personalized service and community involvement.
As MCB celebrates this milestone, the Bank is not just looking
back but also forward with great excitement and optimism. We are
poised to continue our trajectory of growth and success, further
solidifying our position as a leader in the commercial banking
sector of the broader financial services industry.
About Metropolitan Commercial Bank
Metropolitan Commercial Bank (the “Bank”) is a full-service
commercial bank based in New York City. The Bank provides a broad
range of business, commercial, and personal banking products and
services to individuals, small businesses, private and public
middle-market and corporate enterprises and institutions,
municipalities, and local government entities.
Metropolitan Commercial Bank’s EB-5 / E-2 International Group
delivers banking services and products for United States Citizen
and Immigration Services EB-5 Immigrant Investor Program investors,
developers, Regional Centers, government agencies, law firms and
consulting companies specializing in EB-5 and E-2.
Metropolitan Commercial Bank was named one of Newsweek’s Best
Regional Banks and Credit Unions 2024. The Bank was ranked by
Independent Community Bankers of America among the top ten
successful loan producers for 2024 by loan category and asset size
for commercial banks with more than $1 billion in assets. Kroll
affirmed a BBB+ (investment grade) deposit rating on January 25,
2024.
Metropolitan Commercial Bank operates banking centers and
private client offices in Manhattan and Boro Park, Brooklyn in New
York City and Great Neck on Long Island in New York State.
The Bank is a New York State chartered commercial bank, a member
of the Federal Reserve System and the Federal Deposit Insurance
Corporation, and an equal housing lender. The parent company of
Metropolitan Commercial Bank is Metropolitan Bank Holding Corp.
(NYSE: MCB).
For more information, please visit the Bank’s website at
MCBankNY.com.
Forward Looking Statement Disclaimer
This release contains “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995.
Examples of forward-looking statements include but are not limited
to the Company’s future financial condition and capital ratios,
results of operations and the Company’s outlook and business.
Forward-looking statements are not historical facts. Such
statements may be identified by the use of such words as “may,”
“believe,” “expect,” “anticipate,” “plan,” “continue” or similar
terminology. These statements relate to future events or our future
financial performance and involve risks and uncertainties that may
cause our actual results, levels of activity, performance or
achievements to differ materially from those expressed or implied
by these forward-looking statements. Although we believe that the
expectations reflected in the forward-looking statements are
reasonable, we caution you not to place undue reliance on these
forward-looking statements. Factors which may cause our
forward-looking statements to be materially inaccurate include, but
are not limited to the continuing impact of the COVID-19 pandemic
on our business and results of operation, an unexpected
deterioration in our loan or securities portfolios, unexpected
increases in our expenses, different than anticipated growth and
our ability to manage our growth, unanticipated regulatory action
or changes in regulations, unexpected changes in interest rates,
inflation, an unanticipated decrease in deposits, an unanticipated
loss of key personnel or existing clients, competition from other
institutions resulting in unanticipated changes in our loan or
deposit rates, an unexpected adverse financial, regulatory or
bankruptcy event experienced by our fintech partners, unanticipated
increases in FDIC costs, changes in regulations, legislation or tax
or accounting rules, the current or anticipated impact of military
conflict, terrorism or other geopolitical events and unanticipated
adverse changes in our clients’ economic conditions or general
economic conditions, as well as those discussed under the heading
“Risk Factors” in our Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q.
Forward-looking statements speak only as of the date of this
release. We do not undertake any obligation to update or revise any
forward-looking statement.
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212-365-6721 IR@MCBankNY.com
Metropolitan Bank (NYSE:MCB)
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