MetroCity Bankshares, Inc.

NasdaqGS:MCBS Stock Report

Market Cap: US$893.0m

MetroCity Bankshares Management

Management criteria checks 4/4

MetroCity Bankshares' CEO is Nack Paek, appointed in Jan 2014, has a tenure of 10.83 years. total yearly compensation is $2.19M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 5.19% of the company’s shares, worth $46.33M. The average tenure of the management team and the board of directors is 10.8 years and 10.8 years respectively.

Key information

Nack Paek

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage20.8%
CEO tenure10.8yrs
CEO ownership5.2%
Management average tenure10.8yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

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

Oct 20
MetroCity Bankshares (NASDAQ:MCBS) Will Pay A Larger Dividend Than Last Year At $0.23

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

Jul 31

MetroCity Bankshares: Good Bank At A Fair Price

Apr 29

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

Oct 15
Here's Why MetroCity Bankshares (NASDAQ:MCBS) Has Caught The Eye Of Investors

MetroCity Bankshares declares $0.15 dividend

Jul 20

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

Jan 23
MetroCity Bankshares (NASDAQ:MCBS) Is Paying Out A Larger Dividend Than Last Year

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

Oct 24
MetroCity Bankshares (NASDAQ:MCBS) Is Increasing Its Dividend To US$0.14

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

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

May 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For MetroCity Bankshares, Inc.'s (NASDAQ:MCBS) CEO For Now

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

Apr 28
Need To Know: Analysts Are Much More Bullish On MetroCity Bankshares, Inc. (NASDAQ:MCBS)

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

Mar 06
Don't Ignore The Fact That This Insider Just Sold Some Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

New Forecasts: Here's What Analysts Think The Future Holds For MetroCity Bankshares, Inc. (NASDAQ:MCBS)

Jan 29
New Forecasts: Here's What Analysts Think The Future Holds For MetroCity Bankshares, Inc. (NASDAQ:MCBS)

MetroCity Bankshares, Inc. (NASDAQ:MCBS) Passed Our Checks, And It's About To Pay A US$0.10 Dividend

Jan 28
MetroCity Bankshares, Inc. (NASDAQ:MCBS) Passed Our Checks, And It's About To Pay A US$0.10 Dividend

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

Jan 26
Earnings Update: Here's Why Analysts Just Lifted Their MetroCity Bankshares, Inc. (NASDAQ:MCBS) Price Target To US$17.50

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

Jan 05
MetroCity Bankshares, Inc. (NASDAQ:MCBS) Is An Attractive Dividend Stock - Here's Why

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

Dec 10
Have MetroCity Bankshares, Inc. (NASDAQ:MCBS) Insiders Been Selling Their Stock?

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

Nov 26
This Insider Has Just Sold Shares In MetroCity Bankshares, Inc. (NASDAQ:MCBS)

CEO Compensation Analysis

How has Nack Paek's remuneration changed compared to MetroCity Bankshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$60m

Jun 30 2024n/an/a

US$54m

Mar 31 2024n/an/a

US$51m

Dec 31 2023US$2mUS$455k

US$52m

Sep 30 2023n/an/a

US$50m

Jun 30 2023n/an/a

US$56m

Mar 31 2023n/an/a

US$59m

Dec 31 2022US$2mUS$425k

US$63m

Sep 30 2022n/an/a

US$70m

Jun 30 2022n/an/a

US$70m

Mar 31 2022n/an/a

US$68m

Dec 31 2021US$2mUS$425k

US$62m

Sep 30 2021n/an/a

US$54m

Jun 30 2021n/an/a

US$46m

Mar 31 2021n/an/a

US$40m

Dec 31 2020US$2mUS$369k

US$36m

Sep 30 2020n/an/a

US$38m

Jun 30 2020n/an/a

US$41m

Mar 31 2020n/an/a

US$46m

Dec 31 2019US$1mUS$369k

US$45m

Sep 30 2019n/an/a

US$44m

Jun 30 2019n/an/a

US$41m

Mar 31 2019n/an/a

US$39m

Dec 31 2018US$2mUS$334k

US$41m

Sep 30 2018n/an/a

US$41m

Jun 30 2018n/an/a

US$38m

Mar 31 2018n/an/a

US$35m

Dec 31 2017US$1mUS$321k

US$32m

Compensation vs Market: Nack's total compensation ($USD2.19M) is below average for companies of similar size in the US market ($USD3.17M).

Compensation vs Earnings: Nack's compensation has been consistent with company performance over the past year.


CEO

Nack Paek (81 yo)

10.8yrs

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

NamePositionTenureCompensationOwnership
Nack Paek
Chairman & CEO10.8yrsUS$2.19m5.19%
$ 46.3m
Farid Tan
President & Director10.8yrsUS$2.19m3.64%
$ 32.5m
Howard Kim
Executive VPno dataUS$1.86m2.36%
$ 21.1m
Sion Lai
Secretary & Directorno dataUS$96.48k2.14%
$ 19.1m
Lucas Stewart
Executive VP3.1yrsno data0.0084%
$ 75.1k

10.8yrs

Average Tenure

67yo

Average Age

Experienced Management: MCBS's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nack Paek
Chairman & CEO10.8yrsUS$2.19m5.19%
$ 46.3m
Farid Tan
President & Director10.8yrsUS$2.19m3.64%
$ 32.5m
Howard Kim
Executive VP7.8yrsUS$1.86m2.36%
$ 21.1m
Sion Lai
Secretary & Director10.8yrsUS$96.48k2.14%
$ 19.1m
Don T. Leung
Independent Vice Chairman of the Board10.8yrsUS$94.40k3.22%
$ 28.8m
Feiying Lu
Independent Director10.8yrsUS$85.00k0.66%
$ 5.9m
Ajit Patel
Independent Director10.8yrsUS$96.38k2.74%
$ 24.5m
Frank Rhee
Independent Director10.8yrsUS$93.00k0.072%
$ 639.4k
Sam Shim
Independent Director10.8yrsUS$83.00k2.09%
$ 18.6m
William Hungeling
Independent Director4yrsUS$96.40k0.62%
$ 5.5m
Frank Glover
Non-Independent Director2.8yrsUS$85.70k0.80%
$ 7.1m
John Paek
Directorless than a yearno data0.93%
$ 8.3m

10.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: MCBS's board of directors are seasoned and experienced ( 10.8 years average tenure).