MetroCity Bankshares, Inc. (MCBS)

Market Cap	696.04M
Revenue (ttm)	140.69M
Net Income (ttm)	64.50M
Shares Out	25.40M
EPS (ttm)	2.52
PE Ratio	10.97
Forward PE	10.80
Dividend	$0.92 (3.35%)
Ex-Dividend Date	Jan 29, 2025

Volume	70,262
Open	27.46
Previous Close	27.65
Day's Range	27.08 - 27.56
52-Week Range	21.89 - 36.15
Beta	0.57
Analysts	Hold
Price Target	36.00 (+31.39%)
Earnings Date	Apr 21, 2025

About MCBS

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. The company offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit. It 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 commercial and industri...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 3, 2019
• Employees: 240
• Stock Exchange: NASDAQ
• Ticker Symbol: MCBS
• Website: https://www.metrocitybank.bank

Financial Performance

In 2024, MetroCity Bankshares's revenue was $140.69 million, an increase of 17.54% compared to the previous year's $119.70 million. Earnings were $64.50 million, an increase of 24.98%.

Analyst Forecast

According to one analyst, the rating for MCBS stock is "Hold" and the 12-month stock price forecast is $36.0.

Price Target

$36.0

(31.39% upside)

Analyst Consensus: Hold