BlackRock (NYSE: BLK) discloses 7.9% ownership of Metropolitan Bank (MCB)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Metropolitan Bank Holding Corp. BlackRock and certain of its business units collectively beneficially own 981,949 shares of common stock, representing 7.9% of the outstanding class as of June 30, 2026.
BlackRock has sole voting power over 963,596 shares and sole dispositive power over all 981,949 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no individual client holds more than 5% of Metropolitan Bank Holding Corp.’s outstanding common shares.
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Key Figures
Beneficial ownership: 981,949 shares
Ownership percentage: 7.9%
Sole voting power: 963,596 shares
+5 more
8 metrics
Beneficial ownership
981,949 shares
Common stock of Metropolitan Bank Holding Corp. beneficially owned by BlackRock
Ownership percentage
7.9%
Percent of Metropolitan Bank common stock class held by BlackRock
Sole voting power
963,596 shares
Shares over which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which BlackRock has shared power to vote or direct the vote
Sole dispositive power
981,949 shares
Shares over which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which BlackRock has shared power to dispose or direct disposition
CUSIP
591774104
CUSIP number for Metropolitan Bank Holding Corp. common stock
Reporting date
06/30/2026
Date as of which ownership information is reported
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 963,596.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 981,949.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 7.9 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Metropolitan Bank (MCB) does BlackRock’s stake represent?
BlackRock’s beneficial ownership represents 7.9% of Metropolitan Bank Holding Corp.’s outstanding common stock. This percentage reflects the position as of June 30, 2026, based on the company’s total common shares.
How much voting power does BlackRock have in Metropolitan Bank (MCB)?
BlackRock has sole voting power over 963,596 Metropolitan Bank shares and no shared voting power. This means BlackRock alone can vote those shares or direct how they are voted on corporate matters.
Do any BlackRock clients own more than 5% of Metropolitan Bank (MCB)?
No individual client of BlackRock is reported to have an interest exceeding 5% of Metropolitan Bank’s outstanding common shares. Various clients may receive dividends or sale proceeds, but each client’s interest stays below that threshold.
Who signed the BlackRock ownership report for Metropolitan Bank (MCB)?
The report was signed by Spencer Fleming, a Managing Director at BlackRock. The signature date is July 29, 2026, confirming the filing on behalf of BlackRock, Inc.