Metropolitan Bank Holding Corp.
Metropolitan Bank Holding Corp. (NYSE: MCB) is trading at $89.60, about ₹8,591 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.11% today. Indian residents can buy Metropolitan Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$88.80
Today's high
$90.21
52 week low
$64.66
52 week high
$102.04
MCB opened at $89.39, closed previously at $88.62, and has traded between $64.66 and $102.04 over the past 52 weeks.
About
Metropolitan Bank Holding Corp. acts as the parent organization for Metropolitan Commercial Bank, which provides a wide array of business, commercial, and personal banking offerings. This institution serves a diverse clientele, including small and mid-sized enterprises, public sector bodies, and individual clients across the greater New York metropolitan region. The bank’s deposit products feature standard checking, savings, term deposit, and money market accounts, along with certificates of deposit. It also extends an extensive portfolio of credit facilities, encompassing financing for commercial properties, construction ventures, multi-family dwellings, and one-to-four-family residential units. Additional lending options include commercial and industrial loans, consumer credit, funds for property acquisition and renovation, and solutions for refinancing or extracting borrower equity. The institution further supports clients with loans on owner-occupied real estate, working capital lines of credit, trade finance, letters of credit, and conventional term loans. Beyond these core services, the company delivers cash management solutions. It offers modern digital banking options, such as online and mobile platforms, alongside automated clearing house (ACH) transactions, remote check deposit services, and debit card provisions. Metropolitan Commercial Bank maintains a physical presence through six branches located in Manhattan, Brooklyn, Great Neck, and Long Island. Metropolitan Bank Holding Corp., established in 1999, has its corporate headquarters in New York City.
Key statistics
Avg. volume
133.33K
Market cap
$1.11B
P/E Ratio
11.20
Price-to-sales ratio
2.65
Enterprise value
$1.14B
Free cash flow yield
8.97%
Debt-to-equity ratio
0.04
Return on equity
10.22%
ROIC
3.19%
Beta
0.97
Dividend yield
1.06%
Last dividend
$0.95
Financial overview
Revenue
$527.15M
Earnings per share
$6.71
Free cash flow
$82.42M
Net profit margin
20.65%
Gross margin
45.90%
EBITDA
$90.46M
Revenue growth
7.10%
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This is not an investment recommendation
How to buy Metropolitan Bank from India
Indian residents can buy Metropolitan Bank shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Metropolitan Bank and place an order
Find Metropolitan Bank by name or by its ticker, MCB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Metropolitan Bank trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Metropolitan Bank position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Metropolitan Bank from India
Trading and taxes when buying Metropolitan Bank from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Metropolitan Bank’s current yield is 1.06%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Metropolitan Bank stock?
Yes. Metropolitan Bank (MCB) has been listed on the New York Stock Exchange since 2017, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Metropolitan Bank share cost in rupees?
One Metropolitan Bank share is $89.60 — about ₹8,591 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Metropolitan Bank price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Metropolitan Bank from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Metropolitan Bank?
Yes. One Metropolitan Bank share is $89.60, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Metropolitan Bank.
How are gains on Metropolitan Bank shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Metropolitan Bank price. Paasa issues a capital-gains statement for your return.
Does Metropolitan Bank pay a dividend, and how is it taxed in India?
Yes. Metropolitan Bank pays a dividend and the current yield is 1.06%; the last declared dividend was $0.95 per share, about ₹91.09. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Metropolitan Bank from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Metropolitan Bank shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Metropolitan Bank shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Metropolitan Bank holding, its cost and its closing value.
How do I sell Metropolitan Bank and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.