Business Context and Reporting Period
This Form 8-K filing by Metropolitan Bank Holding Corp. (MCB) reports on the Annual Meeting of Stockholders held on April 21, 2020. The company is incorporated in New York and its common stock trades on the New York Stock Exchange.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes or operational updates are disclosed in this specific filing. The document serves to disclose the final results of stockholder votes.
Guidance, Outlook, and Voting Results
The filing details the outcomes of two proposals submitted to stockholders. Of the 8,300,687 shares outstanding, 6,948,296 shares were present in person or by proxy.
- Proposal 1: Election of Directors
- Robert C. Patent: 4,766,391 For; 1,126,352 Withhold; 1,055,553 Broker Non-Votes.
- Maria Fiorini Ramirez: 4,771,160 For; 1,121,583 Withhold; 1,055,553 Broker Non-Votes.
- William Reinhardt: 4,781,515 For; 1,111,228 Withhold; 1,055,553 Broker Non-Votes.
- Proposal 2: Ratification of Auditors
- Crowe LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2020.
- Votes: 6,942,626 For; 4,669 Against; 1,001 Abstentions.
The filing contains no management commentary, risk factors, or forward-looking guidance beyond the immediate voting results.
Investor Verification Checklist
- Verify the appointment of Crowe LLP as the independent auditor for the 2020 fiscal year.
- Confirm the three-year terms for the newly elected directors: Robert C. Patent, Maria Fiorini Ramirez, and William Reinhardt.
- Review the company's most recent 10-Q or 10-K for financial performance data, as this 8-K does not contain financial statements.