Metropolitan Bank investors back all 2026 proposals
Metropolitan Bank Holding Corp. reported the results of its Annual Meeting of Stockholders held on April 29, 2026.
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. reported the results of its Annual Meeting of Stockholders held on April 29, 2026. Stockholders representing 10,453,916 shares, about 85.04% of the 12,293,174 shares outstanding as of the record date, were present in person or by proxy.
All four director nominees—Anthony J. Fabiano, Robert C. Patent, Maria Fiorini Ramirez, and William Reinhardt—were elected, each receiving more votes "for" than "withheld." Stockholders also approved the remaining proposals presented at the meeting, with each proposal receiving substantially more votes in favor than against based on the reported tallies.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares outstanding entitled to vote: 12,293,174 shares
Shares represented at meeting: 10,453,916 shares
Participation rate: 85.04%
+4 more
7 metrics
Shares outstanding entitled to vote
12,293,174 shares
Common stock outstanding as of the record date
Shares represented at meeting
10,453,916 shares
Shares present in person or by proxy at annual meeting
Participation rate
85.04%
Percentage of outstanding shares represented at the meeting
Votes for Fabiano
8,189,478 votes
Votes for director nominee Anthony J. Fabiano
Votes for Patent
8,109,524 votes
Votes for director nominee Robert C. Patent
Proposal vote example
10,437,951 for / 15,442 against
One reported proposal’s "for" and "against" vote totals
Broker non-votes on proposals
1,599,333 shares
Broker non-votes reported on several proposals
Key Terms
Annual Meeting of Stockholders, definitive proxy statement, Broker Non-Votes, emerging growth company
4 terms
Annual Meeting of Stockholders financial
"On April 29, 2026, Metropolitan Bank Holding Corp. held its Annual Meeting of Stockholders"
definitive proxy statement financial
"Each proposal presented at the Annual Meeting is described in the Company’s definitive proxy statement"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
Broker Non-Votes financial
"Name | | Votes For | | Votes Withheld | | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
emerging growth company regulatory
"Emerging growth company On April 29, 2026, Metropolitan Bank Holding Corp."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Metropolitan Bank Holding Corp. (MCB) stockholders vote on at the April 29, 2026 meeting?
Stockholders voted on electing four directors and several additional proposals. All four nominees received more votes "for" than "withheld," and each of the other proposals reported in the results obtained more votes in favor than against, indicating broad stockholder support.
Were all director nominees elected at Metropolitan Bank’s 2026 annual meeting?
Yes. All four director nominees—Anthony J. Fabiano, Robert C. Patent, Maria Fiorini Ramirez, and William Reinhardt—were elected. Each candidate received more votes "for" than "withheld," based on the tabulated results reported for the annual stockholder meeting.
What were the vote results for key proposals at Metropolitan Bank (MCB)?
One proposal received 8,372,960 votes for, 378,176 against, and 103,447 abstentions, plus 1,599,333 broker non-votes. Another proposal received 10,437,951 votes for, 15,442 against, and 523 abstentions, showing very strong support among voting stockholders.
How significant were broker non-votes in Metropolitan Bank’s 2026 meeting results?
Several proposals show 1,599,333 broker non-votes, alongside millions of votes cast in favor. These broker non-votes reflect shares present but not voting on specific items, while the proposals themselves still received substantially more votes for than against.
Who signed the Metropolitan Bank (MCB) report on the 2026 annual meeting results?
The report detailing the annual meeting voting results was signed on behalf of Metropolitan Bank Holding Corp. by Daniel F. Dougherty, who is identified in the document as Executive Vice President and Chief Financial Officer of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
