Metropolitan Bank Holding Corp. entered into an underwriting agreement to issue and sell 2,100,000 shares of its common stock. The public offering price is $85.00 per share, resulting in aggregate gross proceeds of approximately $178.5 million before discounts and expenses. The underwriters have a 30-day option to purchase up to an additional 315,000 shares of common stock. If the option is fully exercised, the aggregate gross proceeds would be approximately $205.3 million before discounts and expenses. The net proceeds to the Company are expected to be approximately $169.3 million, after deducting underwriting discounts, commissions, and estimated offering expenses. The offering is expected to close on February 27, 2026, subject to customary closing conditions. UBS Securities LLC and Hovde Group, LLC are acting as joint book-running managers for the offering. The Company plans to use the net proceeds to support organic growth initiatives, investments in Metropolitan Commercial Bank, working capital for ongoing operations, and general corporate purposes.