Metropolitan Bank Holding Corp. prices $178.5M public offering of 2.1M shares at $85/share

Metropolitan Bank Holding Corp.

Underwritten public offering of 2,100,000 shares at $85.00 per share; gross proceeds ~$178.5M.
Underwriters granted 30-day option to purchase up to an additional 315,000 shares (15%).
Net proceeds ~$169.3M; planned use: organic growth, investments in the Bank, working capital, general corporate purposes.
Offering expected to close on February 27, 2026; UBS and Hovde Group are joint book-running managers.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Metropolitan Bank Holding Corp. entered into Underwriting Agreement with UBS Securities LLC and Hovde Group, LLC as representatives of the underwriters named therein valued at approximately $169.3 million (effective 2026-02-25).

Action: entry
Agreement: underwriting
Counterparty: UBS Securities LLC and Hovde Group, LLC as representatives of the underwriters named therein
Value: approximately $169.3 million
Effective: 2026-02-25

Exact text from the filing

On February 25, 2026, Metropolitan Bank Holding Corp. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with UBS Securities LLC and Hovde Group, LLC as representatives of the underwriters named therein (the “Underwriters”).

View on SEC.gov

291 material agreements filed in the last 30 days. Browse all material agreements →

Metropolitan Bank Holding Corp. filing history →

Source: SEC EDGAR

accession 0001104659-26-020615

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.