MetroCity Bankshares Balance Sheet Health
Financial Health criteria checks 6/6
MetroCity Bankshares has total assets of $3.6B and total equity of $407.2M. Total deposits are $2.7B, and total loans are $3.1B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $310.1M.
Key information
8.8x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$2.72b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$310.11m |
Recent financial health updates
No 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 05Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MCBS's Assets to Equity ratio (8.8x) is low.
Allowance for Bad Loans: MCBS has a sufficient allowance for bad loans (130%).
Low Risk Liabilities: 86% 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 (86%).
Low Risk Deposits: MCBS's Loans to Deposits ratio (113%) is appropriate.
Level of Bad Loans: MCBS has an appropriate level of bad loans (0.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 15:56 |
| End of Day Share Price | 2024/12/31 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.
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Industry and Sector Metrics
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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 |