MCBS Stock Overview
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.
MetroCity Bankshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$20.52|
|52 Week High||US$29.82|
|52 Week Low||US$17.27|
|1 Month Change||1.13%|
|3 Month Change||-11.89%|
|1 Year Change||15.41%|
|3 Year Change||49.24%|
|5 Year Change||145.02%|
|Change since IPO||242.00%|
Recent News & Updates
|MCBS||US Banks||US Market|
Return vs Industry: MCBS exceeded the US Banks industry which returned -20.1% over the past year.
Return vs Market: MCBS exceeded the US Market which returned -21.7% over the past year.
|MCBS Average Weekly Movement||4.4%|
|Banks Industry Average Movement||3.8%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: MCBS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MCBS's weekly volatility (4%) has been stable over the past year.
About the Company
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire transfer, automated clearing house, and cash management services.
MetroCity Bankshares Fundamentals Summary
|MCBS fundamental statistics|
Is MCBS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MCBS income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.68|
|Net Profit Margin||48.41%|
How did MCBS perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is MCBS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MCBS?
Other financial metrics that can be useful for relative valuation.
|What is MCBS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MCBS's PE Ratio compare to its peers?
|MCBS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PGC Peapack-Gladstone Financial
AROW Arrow Financial
THFF First Financial
MBWM Mercantile Bank
MCBS MetroCity Bankshares
Price-To-Earnings vs Peers: MCBS is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (9.5x).
Price to Earnings Ratio vs Industry
How does MCBS's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: MCBS is good value based on its Price-To-Earnings Ratio (7.7x) compared to the US Banks industry average (9.5x)
Price to Earnings Ratio vs Fair Ratio
What is MCBS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.7x|
|Fair PE Ratio||10.7x|
Price-To-Earnings vs Fair Ratio: MCBS is good value based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).
Share Price vs Fair Value
What is the Fair Price of MCBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MCBS ($20.52) is trading below our estimate of fair value ($38.09)
Significantly Below Fair Value: MCBS is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: MCBS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is MetroCity Bankshares forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCBS's earnings are forecast to decline over the next 3 years (-0.5% per year).
Earnings vs Market: MCBS's earnings are forecast to decline over the next 3 years (-0.5% per year).
High Growth Earnings: MCBS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MCBS's revenue (2.1% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: MCBS's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCBS's Return on Equity is forecast to be high in 3 years time
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How has MetroCity Bankshares performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCBS has high quality earnings.
Growing Profit Margin: MCBS's current net profit margins (48.4%) are higher than last year (42.1%).
Past Earnings Growth Analysis
Earnings Trend: MCBS's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: MCBS's earnings growth over the past year (72.3%) exceeds its 5-year average (13.9% per year).
Earnings vs Industry: MCBS earnings growth over the past year (72.3%) exceeded the Banks industry 20.7%.
Return on Equity
High ROE: Whilst MCBS's Return on Equity (21.95%) is high, this metric is skewed due to their high level of debt.
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How is MetroCity Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MCBS's Assets to Equity ratio (10.1x) is moderate.
Allowance for Bad Loans: MCBS has a sufficient allowance for bad loans (134%).
Low Risk Liabilities: 84% of MCBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: MCBS has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: MCBS's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: MCBS has an appropriate level of bad loans (0.5%).
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What is MetroCity Bankshares's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCBS's dividend (2.92%) is higher than the bottom 25% of dividend payers in the US market (1.61%).
High Dividend: MCBS's dividend (2.92%) is low compared to the top 25% of dividend payers in the US market (4.3%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MCBS has been paying a dividend for less than 10 years.
Growing Dividend: MCBS's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.1%), MCBS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nack Paek (79 yo)
Mr. Nack Young Paek founded Metro City Bank in 2006. Mr. Paek is the Chairman of the Board and the Chief Executive Officer of MetroCity Bankshares, Inc., since 2014. He has been an Executive Chairman and D...
CEO Compensation Analysis
Compensation vs Market: Nack's total compensation ($USD1.63M) is below average for companies of similar size in the US market ($USD2.87M).
Compensation vs Earnings: Nack's compensation has been consistent with company performance over the past year.
Experienced Management: MCBS's management team is seasoned and experienced (8.4 years average tenure).
Experienced Board: MCBS's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MetroCity Bankshares, Inc.'s employee growth, exchange listings and data sources
- Name: MetroCity Bankshares, Inc.
- Ticker: MCBS
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$522.547m
- Shares outstanding: 25.47m
- Website: https://www.metrocitybank.bank
Number of Employees
- MetroCity Bankshares, Inc.
- 5114 Buford Highway
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/01 00:00|
|End of Day Share Price||2022/07/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.