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Metropolitan Bank faces investigation after Q2 credit losses and stock drop raise disclosure concerns

Market News
23 Sep 2026
PRNewsWire
View Source
Bearish
Metropolitan Bank faces investigation after Q2 credit losses and stock drop raise disclosure concerns

Hagens Berman is investigating Metropolitan Bank Holding Corp. for potentially misleading investors about credit quality risks after the bank's Q2 2026 results showed a sharp earnings miss and unexpected credit losses. Earlier in 2026, the bank assured investors that credit issues were limited and reserves were adequate, but July disclosures revealed significant new non-performing loans and charge-offs, contradicting prior statements. The investigation focuses on whether the bank downplayed credit risks, which led to a nearly 9% stock drop. Investors with losses and whistleblowers are encouraged to come forward as the case develops.

The story concerns Metropolitan Bank Holding Corp. Investors following the Financials sector on Pluang saw 21 of 84 US stocks rise and 63 fall as of Sep 24, 2026 00:11 WIB. Notable movers include Hut 8 Corp at USD 103.30 with a 3.10% decline and KB Financial Group, Inc. at USD 125.62 with a 2.79% decline.

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Jefferies maintains Buy rating on Life Time amid $6.5M insider stock sales by executive.

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Miivo AI to join Muskoka Capital Event for investor meetings and growth discussions

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