Banc Funds Co. LLC Trims Metropolitan Bank Holding Corp. Stake

Investment firm reduces position in NYSE-listed regional bank by 7.7%

Mar. 15, 2026 at 8:22am

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Banc Funds Co. LLC, an investment management firm, has reduced its stake in Metropolitan Bank Holding Corp. (NYSE:MCB) by 7.7% in the third quarter, according to a recent SEC filing. The firm now owns approximately 146,736 shares of the company's stock, valued at around $10.98 million, making it the 12th largest holding in Banc Funds' portfolio.

Why it matters

Metropolitan Bank is a regional financial institution based in New York that provides commercial and consumer banking services. Tracking changes in institutional ownership of the bank's stock can provide insights into market sentiment and potential future performance.

The details

According to the filing, Banc Funds Co. LLC sold 12,318 shares of Metropolitan Bank during the third quarter, reducing its total position to 146,736 shares. The firm now owns about 1.42% of the company's outstanding stock. Metropolitan Bank's shares have traded in the $70-$92 range over the past year.

  • Banc Funds Co. LLC filed its 13F report for the third quarter of 2026 on March 15, 2026.

The players

Banc Funds Co. LLC

An investment management firm that owns a portfolio of financial services stocks, including a position in Metropolitan Bank Holding Corp.

Metropolitan Bank Holding Corp.

A New York-based regional bank that provides commercial and consumer banking services.

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The takeaway

The reduction in Banc Funds' stake in Metropolitan Bank suggests the investment firm may see fewer growth opportunities or higher risks associated with the regional bank's stock in the near term. However, Metropolitan Bank remains an important holding in Banc Funds' portfolio, indicating the firm still sees value in the company's long-term prospects.