MetroCity Bankshares Dividends and Buybacks
Dividend criteria checks 3/6
MetroCity Bankshares is a dividend paying company with a current yield of 2.93% that is well covered by earnings. Next payment date is on 7th February, 2025 with an ex-dividend date of 29th January, 2025.
Key information
2.9%
Dividend yield
0.09%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 4.4% |
| Next dividend pay date | 07 Feb 25 |
| Ex dividend date | 29 Jan 25 |
| Dividend per share | US$0.920 |
| Payout ratio | 33% |
Recent dividend and buyback 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 26Stability and Growth of Payments
Fetching dividends data
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 9 years.
Dividend Yield vs Market
| MetroCity Bankshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCBS) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (MCBS) (up to 3 years) | 3.3% |
Notable Dividend: MCBS's dividend (2.93%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: MCBS's dividend (2.93%) is low compared to the top 25% of dividend payers in the US market (4.44%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), MCBS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MCBS's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 08:07 |
| End of Day Share Price | 2025/01/29 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
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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 |