Metropolitan Bank Holding, a commercial bank with five branches in the New York MSA, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
The New York, NY-based company was founded in 1999 and booked $48 million in revenue for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol MCB. Metropolitan Bank Holding Corp. filed confidentially on September 1, 2017. J.P. Morgan, Piper Jaffray and Keefe Bruyette Woods are the joint bookrunners on the deal. No pricing terms were disclosed.
