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 May 26, 2021. 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. This report focuses exclusively on corporate governance voting results rather than financial performance.
Material Changes
No material financial changes are reported in this document. The filing details the outcome of stockholder votes regarding board composition and auditor ratification.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It confirms the ratification of Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021.
Important Facts for Investors to Verify
- Director Election Results: Four directors were elected. Anthony J. Fabiano (2-year term) and Mark R. DeFazio (3-year term) received over 5.7 million "For" votes each. Harvey M. Gutman (3-year term) received 4.6 million "For" votes, while George J. Wolf, Jr. (3-year term) received 5.7 million "For" votes.
- Broker Non-Votes: There were 1,124,106 broker non-votes recorded for all director elections.
- Auditor Ratification: Stockholders overwhelmingly ratified the appointment of Crowe LLP, with 7,126,168 votes "For" versus 5,031 "Against" and 9,415 abstentions.
- Voting Participation: Of 8,345,032 shares outstanding, 7,140,614 shares were present in person or by proxy.