secwatch.observer — SEC 8-K summary
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Issuer:     Metropolitan Bank Holding Corp. (MCB)
CIK:        0001476034
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001104659-25-023011
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Metropolitan Bank Holding Corp. authorizes $50M share repurchase program
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- Board approved up to $50M in repurchases of common stock (NYSE: MCB) on March 12, 2025.
- CEO Mark DeFazio cites confidence in long-term growth trajectory and balance sheet strength.
- Repurchases may occur on open market or under Rule 10b5-1 plans; no expiration date.
- Program funded with available cash; can be suspended or discontinued at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476034/000110465925023011/0001104659-25-023011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476034/000110465925023011/tm259001d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-023011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer