OTCPK:MCBS

Stock Analysis Report

MetroCity Bankshares

Executive Summary

MetroCity Bankshares, Inc. operates as the holding company for Metro City Bank that offers banking products and services in Georgia, The United States.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Risks

  • MetroCity Bankshares's last earnings update was 495 days ago.
  • MetroCity Bankshares is not covered by any analysts.

Similar Companies

Share Price & News

How has MetroCity Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.6%

OTCPK:MCBS

3.3%

US Banks

2.1%

US Market


1 Year Return

0.4%

OTCPK:MCBS

-13.8%

US Banks

-0.04%

US Market

MCBS outperformed the Banks industry which returned -13.8% over the past year.

MCBS matched the United States of America Market (-0%) over the past year.


Share holder returns

MCBSIndustryMarket
7 Day2.6%3.3%2.1%
30 Day1.8%-7.0%-3.2%
90 Dayn/a-2.3%2.8%
1 Year3.4%0.4%-11.3%-13.8%2.2%-0.04%
3 Yearn/a42.5%32.7%41.5%32.3%
5 Yearn/a54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is MetroCity Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MetroCity Bankshares undervalued based on future cash flows and its price relative to the stock market?

9.68x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for MetroCity Bankshares to establish if it is available at moderate discount.

Unable to calculate intrinsic value for MetroCity Bankshares to establish if it is available at substantial discount.


Price Based on Earnings

MetroCity Bankshares is good value based on earnings compared to the US Banks industry average.

MetroCity Bankshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for MetroCity Bankshares, we can't assess if its growth is good value.


Price Based on Value of Assets

MetroCity Bankshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is MetroCity Bankshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MetroCity Bankshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has MetroCity Bankshares performed over the past 5 years?

49.9%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if MetroCity Bankshares's year on year earnings growth rate was positive over the past 5 years.

Unable to compare MetroCity Bankshares's 1-year earnings growth to the 5-year average due to insufficient past data.

MetroCity Bankshares's earnings growth has exceeded the US Banks industry average in the past year (49.9% vs 33.1%).


Return on Equity

MetroCity Bankshares has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

MetroCity Bankshares used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if MetroCity Bankshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is MetroCity Bankshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

MetroCity Bankshares has an acceptable proportion of non-loan assets held.

Unable to establish if MetroCity Bankshares has a sufficient allowance for bad loans without relevant financial data.

MetroCity Bankshares's liabilities are made up of primarily low risk sources of funding.

MetroCity Bankshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at MetroCity Bankshares are broadly funded by customer deposits.

Unable to establish if MetroCity Bankshares has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is MetroCity Bankshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate MetroCity Bankshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate MetroCity Bankshares's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as MetroCity Bankshares has not reported any payouts.

Unable to verify if MetroCity Bankshares's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as MetroCity Bankshares has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of MetroCity Bankshares's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average board tenure


CEO

Nack Paek (76yo)

5.6yrs

Tenure

0

Mr. Nack Young Paek is the Chairman and Chief Executive Officer of MetroCity Bankshares, Inc. and Executive Chairman of the Bank. He serves as President of Government Loan Service Corp. which specializes i ...


Board Age and Tenure

5.6yrs

Average Tenure

61.5yo

Average Age

The tenure for the MetroCity Bankshares board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Nack Paek (76yo)

    Chairman & CEO

    • Tenure: 5.6yrs
  • Farid Tan (61yo)

    President

    • Tenure: 5.6yrs
  • William Hungeling (70yo)

    Secretary & Director

    • Tenure: 5.6yrs
  • Howard Kim (62yo)

    Executive VP

    • Tenure: 2.6yrs
  • S. Gunter

    Executive VP & Assistant Secretary

    • Tenure: 0.0yrs

Board Members

  • Francis Lai (64yo)

    Director

    • Tenure: 5.6yrs
  • Nack Paek (76yo)

    Chairman & CEO

    • Tenure: 5.6yrs
  • Farid Tan (61yo)

    President

    • Tenure: 5.6yrs
  • William Hungeling (70yo)

    Secretary & Director

    • Tenure: 5.6yrs
  • Don Leung (61yo)

    Director

    • Tenure: 5.6yrs
  • Feiying Lu (54yo)

    Director

    • Tenure: 5.6yrs
  • Young Park (70yo)

    Director

    • Tenure: 5.6yrs
  • Ajit Patel (53yo)

    Director

    • Tenure: 5.6yrs
  • Frank Rhee (54yo)

    Director

    • Tenure: 5.6yrs
  • Howard Kim (62yo)

    Executive VP

    • Tenure: 2.6yrs

Company Information

MetroCity Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MetroCity Bankshares, Inc.
  • Ticker: MCBS
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$340.275m
  • Shares outstanding: 12.15m
  • Website: https://www.metrocitybank.bank

Location

  • MetroCity Bankshares, Inc.
  • 5114 Buford Highway
  • Suite 109
  • Doraville
  • Georgia
  • 30340
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCBSOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2016

Biography

MetroCity Bankshares, Inc. operates as the holding company for Metro City Bank that offers banking products and services in Georgia, The United States. The company offers checking accounts, savings account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 00:30
End of Day Share Price2019/08/19 00:00
Earnings2018/03/31
Annual Earnings2017/12/31


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.