MetroCity Bankshares Balance Sheet Health
Financial Health criteria checks 5/6
MetroCity Bankshares has total assets of $3.6B and total equity of $396.6M. Total deposits are $2.8B, and total loans are $3.1B earning a Net Interest Margin of 3.1%. It has insufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $297.5M.
Key information
9.2x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$2.81b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$297.52m |
Recent financial health updates
No updates
Recent updates
MetroCity Bankshares: Good Bank At A Fair Price
Apr 29Here's Why MetroCity Bankshares (NASDAQ:MCBS) Has Caught The Eye Of Investors
Oct 15
MetroCity 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 05Have MetroCity Bankshares, Inc. (NASDAQ:MCBS) Insiders Been Selling Their Stock?
Dec 10This Insider Has Just Sold Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)
Nov 26The MetroCity Bankshares (NASDAQ:MCBS) Share Price Is Up 53% And Shareholders Are Holding On
Nov 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MCBS's Assets to Equity ratio (9.2x) is low.
Allowance for Bad Loans: MCBS has a low allowance for bad loans (62%).
Low Risk Liabilities: 87% 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 (85%).
Low Risk Deposits: MCBS's Loans to Deposits ratio (110%) is appropriate.
Level of Bad Loans: MCBS has an appropriate level of bad loans (0.9%).