Market Overview

Metropolitan Commercial Bank Promotes Nick Rosenberg to Lead Global Payments Group; Appoints Michael Giorgio as Its Chief Technology Officer


Metropolitan Bank Holding Corp. (NYSE:MCB) ("Metropolitan" or the
"Company"), the holding company for Metropolitan Commercial Bank (the
"Bank"), today announced that the Company has promoted Mr. Nick
Rosenberg as Executive Vice President and Head of Global Payments. Mr.
Rosenberg, who was previously the Company's Executive Vice President and
Chief Technology officer, will lead the Bank's newly-formed Global
Payments Group, which will ensure that the Bank's end-to-end global
payment processing services implement the latest technology to ensure
efficient and reliable service to our customers. Mr. Rosenberg will
continue to report to Mark R. DeFazio, President and Chief Executive
Officer. His promotion is effective immediately.

The Global Payments Group will be a dedicated group solely focused on
deepening the Bank's existing relationships with Fintech companies as
well as developing new opportunities. The Global Payments Group will be
responsible for the Bank's debit card, digital currency, global
remittance and FX settlement businesses. To date these lines of business
have significantly differentiated the Bank from its peers by generating
low cost deposits and fee income.

The Bank has also appointed Mr. Michael L. Giorgio as its new Senior
Vice President and Chief Technology Officer to succeed Mr. Rosenberg.
Mr. Giorgio has more than 15 years of experience focused on streamlining
technology systems for financial institutions in the Northeast. Most
recently, Mr. Giorgio was the SVP and Chief Technology Officer for
Laurel Road, a national lending and banking company headquartered in

Mark DeFazio, the Company's President and Chief Executive Officer,
commented, "Nick has shown immense drive to develop the Bank as a
technological leader in its marketplace and we are confident in his
abilities to lead the Global Payments Group. We are also very pleased to
welcome Michael as our new Chief Technology Officer, as his past
experience is impressive. The Bank's initiative to develop a Global
Payments Group is another example of how the Bank continues to drive its
entrepreneurial spirit and differentiates itself from its peers. I am
confident we will continue to be a reliable partner to fintech companies
by providing risk management oversight and access to banking payment

About Metropolitan Bank Holding Corporation

Metropolitan Bank Holding Corp. (NYSE:MCB) is the holding company for
Metropolitan Commercial Bank. The Bank provides a broad range of
business, commercial and personal banking products and services to small
and middle-market businesses, public entities and affluent individuals
in the New York metropolitan area. Founded in 1999, the Bank is
headquartered in New York City and operates six locations in Manhattan,
Brooklyn and Great Neck, Long Island. The Bank is also an active issuer
of debit cards for third-party debit card programs. Metropolitan
Commercial Bank is a New York State chartered commercial bank, an FDIC
member and an equal opportunity lender. For more information, please

Forward Looking Statement Disclaimer

This release contains certain "forward-looking statements" about the
Company which, to the extent applicable, are intended to be covered by
the safe harbor for forward-looking statements provided under Federal
securities laws and, regardless of such coverage, you are cautioned
about. Examples of forward-looking statements include but are not
limited to the Company's financial condition and capital ratios, results
of operations and the Company's outlook and business. Forward-looking
statements are not historical facts. Such statements may be identified
by the use of such words as "may", "believe", "expect", "anticipate",
"plan", "continue", or similar terminology. These statements relate to
future events or our future financial performance and involve risks and
uncertainties that may cause our actual results, levels of activity,
performance or achievements to differ materially from those expressed or
implied by these forward-looking statements. Although we believe that
the expectations reflected in the forward-looking statements are
reasonable, we caution you not to place undue reliance on these
forward-looking statements. Factors which may cause our forward-looking
statements to be materially inaccurate include, but are not limited to,
an unexpected deterioration in our loan portfolio, unexpected increases
in our expenses, greater than anticipated growth, unanticipated
regulatory action, unexpected changes in interest rates, an
unanticipated loss of key personnel, an unanticipated loss of existing
customers, competition from other institutions resulting in
unanticipated changes in our loan or deposit rates, unanticipated
increases in Federal Deposit Insurance Corporation costs and
unanticipated adverse changes in our customers' economic conditions or
economic conditions in our local area in general.

Forward-looking statements speak only as of the date of this release. We
do not undertake any obligation to update or revise any forward-looking
statement, whether the result of new information, future events or

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