METRPLTN BNK HLD

Today’s interest rate decision by the U.S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important day so far for the Bitcoin price. In March, the Fed had raised the benchmark interest rate by another 0.25 basis points (bps). At the time, central bankers were leaving their next steps open. Fed Chairman Jerome Powell clarified that further rate hikes “may be appropriate” and that the decision “will be data dependent.” 25 Bps Expected Despite Strong Headwinds Most recently, the Consumer Price Index (CPI) surprised on the upside with an annualized decline to 5.0% (from 6.0%), but core inflation is proving to be very sticky. Nevertheless, the market expects today’s 0.25 basis point rate hike to be the last in this cycle. According to the CME’s FedWatch tool, 89% of market participants believe the Fed will make this move today, despite facing strong headwinds from U.S. politics yesterday. Democratic-led members of Congress called on the Fed to pause rate hikes.

U.S. stocks traded lower, with the Dow Jones … Full story available on Benzinga.com

Quick Take Several regional bank stocks were halted due to volatility on May 2 after dropping more than 25%. KBW Nasdaq Regional Banking Index is down a further 4% today; it is down -26% for the year PacWest $PACW: -29% and halted Metropolitan Bank $MCB: -27% and halted Western Alliance $WAL: -25% and halted HomeStreet […] The post Regional banks extend losses and some paused due to volatility; Bitcoin up 2% appeared first on CryptoSlate .

Not so fast, Jamie. “This part of the crisis is over,” JPMorgan CEO Jamie Dimon said to start the week in an analyst call after taking over First Republic in an FDIC auction. Dimon said there’s a chance “another smaller” bank fails, but “this pretty much resolves them all.” The market is trying to make a liar out of him. Shares of Metropolitan Bank are down 21% today, PacWest Bancorp down 17% and Western Alliance down 16%. Metropolitan and PacWest are both at the lowest levels since the panic bottom on March 13. The KRE regional bank index is down nearly 4% today and below the March 13 low as losses broaden. It''s unclear what the catalyst for the latest leg down is. It could be short-term buyers taking profits or getting blown out while hoping for a rebound. There''s also a lack of any segment of would-be buyers as uncertainty plagues the sector due to fears about commercial real estate and hold-to-maturity loans. We could simply be seeing multiples compress on regional banks. The fear is that this leads to another round of deposit flight and puts the FDIC in a bind.

Metropolitan Bank Holding Corp (MCB) shares closed today at 0.2% below its 52 week high of $111.91, giving the company a market cap of $1B. The stock is currently up 4.8% year-to-date, up 187.8% over the past 12 months, and up 200.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 0.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 68.7% The company's stock price performance over the past 12 months beats the peer average by 836.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Metropolitan Bank Holding Corp (MCB) shares closed today at 0.7% below its 52 week high of $111.20, giving the company a market cap of $1B. The stock is currently up 3.7% year-to-date, up 199.8% over the past 12 months, and up 196.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 57.7% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 26.0% The company's stock price performance over the past 12 months beats the peer average by 844.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Metropolitan Bank Holding Corp (MCB) shares closed today at 0.1% below its 52 week high of $110.44, giving the company a market cap of $1B. The stock is currently down 0.2% year-to-date, up 198.6% over the past 12 months, and up 185.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 54.7% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -117.7% The company's stock price performance over the past 12 months beats the peer average by 738.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Metropolitan Bank Holding Corp (MCB) shares closed 0.5% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 190.1% year-to-date, up 191.0% over the past 12 months, and up 182.7% over the past five years. This week, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 28.9% lower than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 682.8% The company's stock price performance over the past 12 months beats the peer average by 672.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

Metropolitan Bank Holding Corp (MCB) shares closed today at 0.7% below its 52 week high of $104.92, giving the company a market cap of $1B. The stock is currently up 187.2% year-to-date, up 190.6% over the past 12 months, and up 179.9% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.9%. Trading Activity Trading volume this week was 24.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 706.8% The company's stock price performance over the past 12 months beats the peer average by 733.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

PHOENIX (AP) Kayla McBride scored a season-high 26 points, Sylvia Fowles and Napheesa Collier each had a double-double and

The cross-examinations of former IPID boss Robert McBride and former KwaZulu-Natal Hawks head Major General Johan Booysen will no longer take place before the Zondo Commission.

ISLAMABAD: The government on Friday completed Rs89.2 billion transactions as the first installment of payments to 20 independent power producers (IPPSs) from the Rs403bn committed under a settlement agreement with 46 IPPs signed in February. Payment to other IPPs suffered delay as the National Accountability Bureau (NAB) had decided to examine the deal. The government has completed the first payment transaction of 40pc to 20 IPPs amounting to Rs89.2bn equally divided in cash, five years Sukuk and 10 years Pakistan Investment Bonds (PIBs), the Ministry of Finance said, adding the transaction was coordinated by the State Bank of Pakistan, power division and its various organisations. Of the 20 IPPs, six had been set up under the 1994 power policy, two before the 1994 policy and 12 renewable energy (RE) projects based on wind, solar and bagasse energy. Total payables to the 20 IPPs under the February 28 agreement stood at Rs225bn. Of this amount, Rs89.2bn has been cleared as the first (40pc) installment.The remaining 60pc will be paid within six months in a similar manner.

Metropolitan Bank Holding Corp (MCB) shares closed today at 0.2% below its 52 week high of $66.34, giving the company a market cap of $548M. The stock is currently up 81.2% year-to-date, up 87.7% over the past 12 months, and up 76.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.5%. Trading Activity Trading volume this week was 39.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 474.0% The company's stock price performance over the past 12 months beats the peer average by 268.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.