Director Pamula Chaya purchases 450 MCB shares at $54.29; holdings rise to 6,513 shares (+7.4%)
Pamula Chaya, a director, purchased 450 shares of Metropolitan Bank Holding Corp. at $54.29 on 2024-10-24, increasing holdings by 7.4% to 6,513 shares. The transaction occurred at a price 2.85% above the current market price of $52.78 and near the high end of the 52-week range ($31.62–$62.53), suggesting the purchase was made at a relatively elevated level in recent trading history. MCB trades at a P/E of 8.49 with positive fundamentals (net income $16.8M, annual revenue growth of 3.8%), providing a baseline for valuation assessment. The purchase represents a discrete increase in director ownership but does not appear to follow an identifiable pattern within the observable transaction window.