MetroCorp Bancshares

MetroCorp Bancshares, Inc.
Company typePublic
Nasdaq: MCBI
IndustryFinance and Insurance
FoundedHouston, Texas, United States
HeadquartersTexas
California
Key people
Mr. George M. Lee, CEO
Mr. David Choi, CFO
ProductsBanking
Number of employees
315
Websitewww.metrobank-na.com
www.metrounitedbank.com

MetroCorp Bancshares, Inc. (MetroCorp, Nasdaq: MCBI) was an American banking corporation headquartered in Chinatown and in Greater Sharpstown in Houston, Texas.

MetroCorp, first incorporated in 1998, was an overseas Chinese bank holding company for two overseas Chinese banks in the United States: MetroBank National Association (MetroBank, simplified Chinese: 首都银行; traditional Chinese: 首都銀行; pinyin: Shǒudū Yínháng) and Metro United Bank. The company was one of the few overseas Chinese banks / financial institutions that were publicly held. MetroBank operated banks in Greater Houston and the Dallas-Fort Worth Area in Texas. MetroBank had its headquarters in its parent company's offices.

As of 2007 MetroBank was one of four overseas Chinese banks with its headquarters in Houston, and it was the only Houston-based overseas Chinese bank that is publicly traded. The other MetroCorp subsidiary, Metro United Bank, operated in California. Metro United had its headquarters in the City of Industry.

In 2014, East West Bank acquired MetroBank for $268 million in cash and stock, and MetroBank branches were to be rebranded in 2014.