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MetroCity Bankshares NasdaqGS:MCBS Stock Report

Last Price

US$22.65

Market Cap

US$570.9m

7D

-1.9%

1Y

39.6%

Updated

18 Apr, 2024

Data

Company Financials +

MetroCity Bankshares, Inc.

NasdaqGS:MCBS Stock Report

Market Cap: US$570.9m

MCBS Stock Overview

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States.

MCBS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends3/6

MetroCity Bankshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MetroCity Bankshares
Historical stock prices
Current Share PriceUS$22.65
52 Week HighUS$26.23
52 Week LowUS$13.10
Beta0.53
1 Month Change-2.37%
3 Month Change-5.43%
1 Year Change39.56%
3 Year Change52.94%
5 Year Change64.73%
Change since IPO277.50%

Recent News & Updates

Recent updates

Here's Why MetroCity Bankshares (NASDAQ:MCBS) Has Caught The Eye Of Investors

Oct 15
Here's Why MetroCity Bankshares (NASDAQ:MCBS) Has Caught The Eye Of Investors

MetroCity Bankshares declares $0.15 dividend

Jul 20

MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year

Jan 23
MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year

MetroCity Bankshares (NASDAQ:MCBS) Is Increasing Its Dividend To US$0.14

Oct 24
MetroCity Bankshares (NASDAQ:MCBS) Is Increasing Its Dividend To US$0.14

MetroCity Bankshares: A Bank With Sustainable Competitive Advantages

Jul 30

MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year

Jul 25
MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For MetroCity Bankshares, Inc.'s (NASDAQ:MCBS) CEO For Now

May 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For MetroCity Bankshares, Inc.'s (NASDAQ:MCBS) CEO For Now

Need To Know: Analysts Are Much More Bullish On MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Apr 28
Need To Know: Analysts Are Much More Bullish On MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Don't Ignore The Fact That This Insider Just Sold Some Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Mar 06
Don't Ignore The Fact That This Insider Just Sold Some Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

New Forecasts: Here's What Analysts Think The Future Holds For MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Jan 29
New Forecasts: Here's What Analysts Think The Future Holds For MetroCity Bankshares, Inc. (NASDAQ:MCBS)

MetroCity Bankshares, Inc. (NASDAQ:MCBS) Passed Our Checks, And It's About To Pay A US$0.10 Dividend

Jan 28
MetroCity Bankshares, Inc. (NASDAQ:MCBS) Passed Our Checks, And It's About To Pay A US$0.10 Dividend

Earnings Update: Here's Why Analysts Just Lifted Their MetroCity Bankshares, Inc. (NASDAQ:MCBS) Price Target To US$17.50

Jan 26
Earnings Update: Here's Why Analysts Just Lifted Their MetroCity Bankshares, Inc. (NASDAQ:MCBS) Price Target To US$17.50

MetroCity Bankshares, Inc. (NASDAQ:MCBS) Is An Attractive Dividend Stock - Here's Why

Jan 05
MetroCity Bankshares, Inc. (NASDAQ:MCBS) Is An Attractive Dividend Stock - Here's Why

Have MetroCity Bankshares, Inc. (NASDAQ:MCBS) Insiders Been Selling Their Stock?

Dec 10
Have MetroCity Bankshares, Inc. (NASDAQ:MCBS) Insiders Been Selling Their Stock?

This Insider Has Just Sold Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Nov 26
This Insider Has Just Sold Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

The MetroCity Bankshares (NASDAQ:MCBS) Share Price Is Up 53% And Shareholders Are Holding On

Nov 19
The MetroCity Bankshares (NASDAQ:MCBS) Share Price Is Up 53% And Shareholders Are Holding On

Shareholder Returns

MCBSUS BanksUS Market
7D-1.9%-3.3%-3.7%
1Y39.6%21.0%20.2%

Return vs Industry: MCBS exceeded the US Banks industry which returned 19.9% over the past year.

Return vs Market: MCBS exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is MCBS's price volatile compared to industry and market?
MCBS volatility
MCBS Average Weekly Movement5.4%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: MCBS has not had significant price volatility in the past 3 months.

Volatility Over Time: MCBS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006220Nack Paekwww.metrocitybank.bank

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States. It offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit. The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; letters of credit; and commercial and industrial loans, residential mortgage loans, and SBA loans.

MetroCity Bankshares, Inc. Fundamentals Summary

How do MetroCity Bankshares's earnings and revenue compare to its market cap?
MCBS fundamental statistics
Market capUS$570.90m
Earnings (TTM)US$51.61m
Revenue (TTM)US$119.70m

11.1x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MCBS income statement (TTM)
RevenueUS$119.70m
Cost of RevenueUS$0
Gross ProfitUS$119.70m
Other ExpensesUS$68.09m
EarningsUS$51.61m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin100.00%
Net Profit Margin43.12%
Debt/Equity Ratio85.3%

How did MCBS perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

35%

Payout Ratio
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