MCBS Stock Overview
Operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
MetroCity Bankshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.05 |
| 52 Week High | US$36.15 |
| 52 Week Low | US$21.89 |
| Beta | 0.62 |
| 1 Month Change | -5.15% |
| 3 Month Change | 4.98% |
| 1 Year Change | 30.92% |
| 3 Year Change | 16.08% |
| 5 Year Change | 83.46% |
| Change since IPO | 434.17% |
Recent News & Updates
Recent updates
MetroCity Bankshares (NASDAQ:MCBS) Will Pay A Larger Dividend Than Last Year At $0.23
Oct 20
MetroCity Bankshares: Strong Fundamentals And Favorable Macro Outlook Drive Bullish Outlook
Jul 31MetroCity Bankshares: Good Bank At A Fair Price
Apr 29Here's Why MetroCity Bankshares (NASDAQ:MCBS) Has Caught The Eye Of Investors
Oct 15MetroCity Bankshares declares $0.15 dividend
Jul 20MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year
Jan 23MetroCity Bankshares (NASDAQ:MCBS) Is Increasing Its Dividend To US$0.14
Oct 24MetroCity Bankshares: A Bank With Sustainable Competitive Advantages
Jul 30MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year
Jul 25We Think Shareholders Are Less Likely To Approve A Large Pay Rise For MetroCity Bankshares, Inc.'s (NASDAQ:MCBS) CEO For Now
May 14Need To Know: Analysts Are Much More Bullish On MetroCity Bankshares, Inc. (NASDAQ:MCBS)
Apr 28Don't Ignore The Fact That This Insider Just Sold Some Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)
Mar 06New Forecasts: Here's What Analysts Think The Future Holds For MetroCity Bankshares, Inc. (NASDAQ:MCBS)
Jan 29
MetroCity Bankshares, Inc. (NASDAQ:MCBS) Passed Our Checks, And It's About To Pay A US$0.10 Dividend
Jan 28Earnings Update: Here's Why Analysts Just Lifted Their MetroCity Bankshares, Inc. (NASDAQ:MCBS) Price Target To US$17.50
Jan 26MetroCity Bankshares, Inc. (NASDAQ:MCBS) Is An Attractive Dividend Stock - Here's Why
Jan 05Shareholder Returns
| MCBS | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.2% | -6.3% | -4.0% |
| 1Y | 30.9% | 28.2% | 24.0% |
Return vs Industry: MCBS exceeded the US Banks industry which returned 28.2% over the past year.
Return vs Market: MCBS exceeded the US Market which returned 24% over the past year.
Price Volatility
| MCBS volatility | |
|---|---|
| MCBS Average Weekly Movement | 6.2% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MCBS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MCBS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 220 | Nack Paek | www.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
| MCBS fundamental statistics | |
|---|---|
| Market cap | US$822.27m |
| Earnings (TTM) | US$59.62m |
| Revenue (TTM) | US$135.57m |
13.6x
P/E Ratio2.0x
P/B RatioIs MCBS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCBS income statement (TTM) | |
|---|---|
| Revenue | US$135.57m |
| Cost of Revenue | US$0 |
| Gross Profit | US$135.57m |
| Other Expenses | US$75.95m |
| Earnings | US$59.62m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.35 |
| Gross Margin | 100.00% |
| Net Profit Margin | 43.98% |
| Debt/Equity Ratio | 92.2% |
How did MCBS perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield33%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:59 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MetroCity Bankshares, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kelly Motta | Keefe, Bruyette, & Woods |
| David Feaster | Raymond James & Associates |