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|Post IPO Valuation|
In 1987, a small minority-owned business opened its doors to the public with the vision of becoming Houston’s premier multi-cultural bank. MetroBank’s early years were marked by an uncommon sensitivity towards minority and other underserved markets. With genuine commitment to these customers, “Your Community Bank” became the ideal motto for MetroBank.
Our philosophy was instrumental to the rapid growth of our establishment, which paralleled the growth and evolution of our diverse clientele. Our community banking philosophy remained a top priority as we continued to meet our customers’ needs through the opening of additional branches and the development of new products and services.
California bank to acquire MetroCorp in $273M deal (bizjournals.com)