MetroCity Bankshares, Inc. (MCBS)

Market Cap	649.29M
Revenue (ttm)	120.24M
Net Income (ttm)	50.51M
Shares Out	25.21M
EPS (ttm)	1.97
PE Ratio	13.12
Forward PE	10.44
Dividend	$0.80 (3.10%)
Ex-Dividend Date	Apr 30, 2024

Volume	10,327
Open	25.98
Previous Close	25.78
Day's Range	25.52 - 25.98
52-Week Range	15.79 - 26.23
Beta	0.55
Analysts	Hold
Price Target	28.00 (+8.36%)
Earnings Date	Apr 19, 2024

About MCBS

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States. It offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit. The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; letters of credit; and comm...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 3, 2019
• Employees: 220
• Stock Exchange: NASDAQ
• Ticker Symbol: MCBS

Financial Performance

In 2023, MCBS's revenue was $119.70 million, a decrease of -14.80% compared to the previous year's $140.50 million. Earnings were $51.61 million, a decrease of -17.55%.

Analyst Forecast

According to one analyst, the rating for MCBS stock is "Hold" and the 12-month stock price forecast is $28.0.

Price Target

$28.0

(8.36% upside)

Analyst Consensus: Hold