Metropolitan Bank Holding Corp. Closes Overallotment Option and Issues 213,395 Shares of Common Stock (Form 8-K)

Metropolitan Bank Holding Corp. Closes Overallotment Option and Issues 213,395 Shares of Common Stock

NEW YORK, March 16, 2026 ‒ Metropolitan Bank Holding Corp. (the "Company") (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the "Bank"), today announced the underwriters for its recently completed public offering of common stock have exercised a portion of their overallotment option and completed the sale of an additional 213,395 shares of common stock at the public offering price of $85.00 per share. The expected proceeds to the Company in connection with the exercise of the option and the issuance of the additional shares, after deducting the underwriting discount but before deducting other expenses payable by the Company, are approximately $17.2 million.

UBS Investment Bank and Hovde Group, LLC acted as joint book-running managers for the offering.

The offering was made only by means of an effective shelf registration statement on Form S-3 (File No. 333-283534) filed with the Securities and Exchange Commission (the "SEC"), including a preliminary prospectus supplement and final prospectus supplement dated February 25, 2026, copies of which may be obtained for free by visiting EDGAR on the SEC's website at www.sec.gov. Additionally, copies may be obtained from Metropolitan Bank Holding Corp., 99 Park Avenue, 12^th Floor, New York, New York 10016, Attention: Corporate Secretary, (212) 659-0600, or by contacting UBS Securities LLC, 11 Madison Avenue, New York, New York 10010, Attention: Equity Syndicate or toll-free at (212) 713-2000 or Hovde Group, LLC, 1629 Colonial Parkway, Inverness, Illinois 60067, or by telephone toll-free at (833) 587-4159, or by e-mail at [email protected].