MetroCity Bankshares Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Nack Paek
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 20.8% |
| CEO tenure | 11yrs |
| CEO ownership | 5.4% |
| Management average tenure | 11yrs |
| Board average tenure | 11yrs |
Recent management 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 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$60m |
| Jun 30 2024 | n/a | n/a | US$54m |
| Mar 31 2024 | n/a | n/a | US$51m |
| Dec 31 2023 | US$2m | US$455k | US$52m |
| Sep 30 2023 | n/a | n/a | US$50m |
| Jun 30 2023 | n/a | n/a | US$56m |
| Mar 31 2023 | n/a | n/a | US$59m |
| Dec 31 2022 | US$2m | US$425k | US$63m |
| Sep 30 2022 | n/a | n/a | US$70m |
| Jun 30 2022 | n/a | n/a | US$70m |
| Mar 31 2022 | n/a | n/a | US$68m |
| Dec 31 2021 | US$2m | US$425k | US$62m |
| Sep 30 2021 | n/a | n/a | US$54m |
| Jun 30 2021 | n/a | n/a | US$46m |
| Mar 31 2021 | n/a | n/a | US$40m |
| Dec 31 2020 | US$2m | US$369k | US$36m |
| Sep 30 2020 | n/a | n/a | US$38m |
| Jun 30 2020 | n/a | n/a | US$41m |
| Mar 31 2020 | n/a | n/a | US$46m |
| Dec 31 2019 | US$1m | US$369k | US$45m |
| Sep 30 2019 | n/a | n/a | US$44m |
| Jun 30 2019 | n/a | n/a | US$41m |
| Mar 31 2019 | n/a | n/a | US$39m |
| Dec 31 2018 | US$2m | US$334k | US$41m |
Compensation vs Market: Nack's total compensation ($USD2.19M) is below average for companies of similar size in the US market ($USD3.23M).
Compensation vs Earnings: Nack's compensation has been consistent with company performance over the past year.
CEO
Nack Paek (81 yo)
11yrs
Tenure
US$2,188,058
Compensation
Mr. Nack Young Paek founded Metro City Bank in 2006. Mr. Paek is the Chairman of the Board and the Chief Executive Officer of MetroCity Bankshares, Inc., since 2014. He has been an Executive Chairman and D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$2.19m | 5.36% $ 43.4m | |
| President & Director | 11yrs | US$2.19m | 3.7% $ 30.0m | |
| Executive VP | no data | US$1.86m | 2.45% $ 19.8m | |
| Secretary & Director | no data | US$96.48k | 2.14% $ 17.3m | |
| Executive VP | 3.3yrs | no data | 0.0084% $ 68.1k |
11.0yrs
Average Tenure
67yo
Average Age
Experienced Management: MCBS's management team is seasoned and experienced (11 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$2.19m | 5.36% $ 43.4m | |
| President & Director | 11yrs | US$2.19m | 3.7% $ 30.0m | |
| Executive VP | 8yrs | US$1.86m | 2.45% $ 19.8m | |
| Secretary & Director | 11yrs | US$96.48k | 2.14% $ 17.3m | |
| Independent Vice Chairman of the Board | 11yrs | US$94.40k | 3.22% $ 26.1m | |
| Independent Director | 11yrs | US$85.00k | 0.66% $ 5.4m | |
| Independent Director | 11yrs | US$96.38k | 2.74% $ 22.2m | |
| Independent Director | 11yrs | US$93.00k | 0.072% $ 579.6k | |
| Independent Director | 11yrs | US$83.00k | 2.09% $ 16.9m | |
| Independent Director | 4.2yrs | US$96.40k | 0.62% $ 5.0m | |
| Non-Independent Director | 3yrs | US$85.70k | 0.80% $ 6.5m | |
| Director | less than a year | no data | 0.93% $ 7.5m |
11.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MCBS's board of directors are seasoned and experienced ( 11 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:06 |
| 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 |
| |
| 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
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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 |