Metropolitan Bank: Overvaluation, Technical Caution In Sync With Emerging Headwinds

Metropolitan Bank Holding continues to deliver robust growth and profitability, with Q4 2025 interest income up 14.6% YoY. Despite strong fundamentals and prudent commercial loan focus, MCB's valuation appears stretched, trading above historical P/E and P/B averages. Macroeconomic headwinds—persistent inflation, tariff risks, and volatile oil prices—pose potential threats to loan quality and cost structure.