MetroCity Bankshares Future Growth

Future criteria checks 1/6

MetroCity Bankshares is forecast to grow earnings and revenue by 7.7% and 6.7% per annum respectively. EPS is expected to grow by 7.2% per annum. Return on equity is forecast to be 15.1% in 3 years.

Key information

7.7%

Earnings growth rate

7.2%

EPS growth rate

Banks earnings growth	10.5%
Revenue growth rate	6.7%
Future return on equity	15.1%
Analyst coverage	Low
Last updated	21 Oct 2024

Recent future growth 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 31

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

Jan 23

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

Oct 24

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

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

May 14

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

Apr 28

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

Mar 06

New 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 28

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

Jan 26

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

Jan 05

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

Dec 10

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

Nov 26

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

Nov 19

Earnings and Revenue Growth Forecasts

NasdaqGS:MCBS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	160	73	N/A	N/A	1
12/31/2025	146	67	N/A	N/A	1
12/31/2024	141	64	N/A	N/A	1
9/30/2024	136	60	N/A	N/A	N/A
6/30/2024	126	54	62	65	N/A
3/31/2024	120	51	89	93	N/A
12/31/2023	120	52	77	82	N/A
9/30/2023	121	50	77	81	N/A
6/30/2023	130	56	57	62	N/A
3/31/2023	135	59	62	66	N/A
12/31/2022	140	63	132	135	N/A
9/30/2022	145	70	153	154	N/A
6/30/2022	143	70	160	161	N/A
3/31/2022	140	68	134	135	N/A
12/31/2021	130	62	65	65	N/A
9/30/2021	118	54	63	64	N/A
6/30/2021	106	46	77	78	N/A
3/31/2021	94	40	59	60	N/A
12/31/2020	90	36	142	143	N/A
9/30/2020	91	38	54	55	N/A
6/30/2020	95	41	128	129	N/A
3/31/2020	103	46	207	208	N/A
12/31/2019	101	45	31	32	N/A
9/30/2019	100	44	-33	-31	N/A
6/30/2019	97	41	-130	-128	N/A
3/31/2019	93	39	N/A	N/A	N/A
12/31/2018	95	41	-164	-161	N/A
9/30/2018	91	41	N/A	N/A	N/A
6/30/2018	87	38	N/A	N/A	N/A
3/31/2018	84	35	N/A	N/A	N/A
12/31/2017	81	32	N/A	152	N/A
9/30/2017	79	28	N/A	N/A	N/A
6/30/2017	73	26	N/A	N/A	N/A
3/31/2017	67	23	N/A	N/A	N/A
12/31/2016	59	20	N/A	-141	N/A
9/30/2016	53	19	N/A	N/A	N/A
6/30/2016	50	19	N/A	N/A	N/A
3/31/2016	47	18	N/A	N/A	N/A
12/31/2015	44	17	N/A	17	N/A
12/31/2014	35	12	N/A	7	N/A
12/31/2013	30	10	N/A	8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCBS's forecast earnings growth (7.7% per year) is above the savings rate (2.5%).

Earnings vs Market: MCBS's earnings (7.7% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: MCBS's earnings are forecast to grow, but not significantly.

Revenue vs Market: MCBS's revenue (6.7% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: MCBS's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MCBS's Return on Equity is forecast to be low in 3 years time (15.1%).

MetroCity Bankshares Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 19% to US$32.00

Price target increased by 17% to US$27.00

Price target increased by 9.1% to US$21.00

Price target decreased by 7.8% to US$20.75

Price target decreased to US$24.00

Price target decreased to US$26.50

Recent updates

MetroCity Bankshares (NASDAQ:MCBS) Will Pay A Larger Dividend Than Last Year At $0.23

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on November 8, 2024

Price target increased by 19% to US$32.00

Independent Director recently sold US$1.0m worth of stock

Independent Director notifies of intention to sell stock

Investor sentiment deteriorates as stock falls 15%

MetroCity Bankshares: Strong Fundamentals And Favorable Macro Outlook Drive Bullish Outlook

Chairman & CEO recently sold US$1.5m worth of stock

First quarter 2024 earnings released: EPS: US$0.58 (vs US$0.63 in 1Q 2023)

First quarter dividend of US$0.20 announced

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on August 9, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

MetroCity Bankshares: Good Bank At A Fair Price

Upcoming dividend of US$0.20 per share

First quarter dividend of US$0.20 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on May 10, 2024

MetroCity Bankshares, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 17% to US$27.00

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.20 per share at 2.9% yield

Third quarter dividend of US$0.20 announced

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend on Its Common Stock, Payable on February 9, 2024

Insufficient new directors

Chairman & CEO recently sold US$415k worth of stock

Upcoming dividend of US$0.18 per share at 3.7% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend on Its Common Stock, Payable on November 10, 2023

Upcoming dividend of US$0.18 per share at 3.6% yield

Price target increased by 9.1% to US$21.00

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend on Its Common Stock, Payable on August 11, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

MetroCity Bankshares, Inc.(NasdaqGS:MCBS) dropped from Russell 2000 Growth-Defensive Index

Investor sentiment improves as stock rises 19%

Upcoming dividend of US$0.18 per share at 4.5% yield

Price target decreased by 7.8% to US$20.75

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.18 per share at 3.4% yield

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on February 10, 2023

Upcoming dividend of US$0.15 per share

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Metrocity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on November 10, 2022

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

Upcoming dividend of US$0.15 per share

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend, Payable on August 12, 2022

MetroCity Bankshares declares $0.15 dividend

Price target decreased to US$24.00

Upcoming dividend of US$0.15 per share

MetroCity Bankshares Declares Quarterly Cash Dividend, Payable on May 13, 2022

Price target decreased to US$26.50

MetroCity Bankshares, Inc., Annual General Meeting, May 19, 2022

Now 20% undervalued after recent price drop

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 22% undervalued after recent price drop

Price target increased to US$28.50

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.15 per share

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

Insufficient new directors

Upcoming dividend of US$0.14 per share

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

Third quarter 2021 earnings released: EPS US$0.66 (vs US$0.37 in 3Q 2020)

MetroCity Bankshares: A Bank With Sustainable Competitive Advantages

Price target increased to US$20.00