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MetroCity Bankshares, Inc. (MCBS)

NASDAQ: MCBS · IEX Real-Time Price · USD
21.83 0.11 (0.51%)
Oct 21, 2021 11:22 AM EDT - Market open
Market Cap558.44M
Revenue (ttm)105.40M
Net Income (ttm)46.21M
Shares Out25.65M
EPS (ttm)1.79
PE Ratio12.20
Forward PEn/a
Dividend$0.38 (1.74%)
Ex-Dividend DateAug 2, 2021
Volume1,289
Open21.79
Previous Close21.72
Day's Range21.79 - 21.99
52-Week Range12.81 - 22.33
Beta0.22
AnalystsHold
Price Target22.50 (+3.1%)
Est. Earnings DateOct 22, 2021

About MCBS

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that offers banking products and services in Georgia, the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire trans...

IndustryBanks
IPO DateOct 3, 2019
Employees215
Stock ExchangeNASDAQ
Ticker SymbolMCBS
Full Company Profile

Financial Performance

In 2020, MCBS's revenue was $89.86 million, a decrease of -10.91% compared to the previous year's $100.87 million. Earnings were $36.39 million, a decrease of -18.61%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MCBS stock is "Hold." The 12-month stock price forecast is 22.50, which is an increase of 3.07% from the latest price.

Price Target
$22.50
(3.07% upside)
Analyst Consensus: Hold

News

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

ATLANTA, Oct. 20, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.14 per share on its common stock. Th...

20 hours ago - PRNewsWire

MetroCity (MCBS) to Report Q3 Results: Wall Street Expects Earnings Growth

MetroCity (MCBS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 days ago - Zacks Investment Research

Is MetroCity (MCBS) Stock a Solid Choice Right Now?

MetroCity (MCBS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

MetroCity (MCBS) Q2 Earnings and Revenues Surpass Estimates

MetroCity (MCBS) delivered earnings and revenue surprises of 1.82% and 8.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

MetroCity Bankshares, Inc. Reports Earnings For Second Quarter 2021

ATLANTA, July 23, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ: MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $14.4 mill...

2 months ago - PRNewsWire

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

ATLANTA, July 21, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.12 per share on its common stock. Th...

2 months ago - PRNewsWire

MetroCity (MCBS) Earnings Expected to Grow: Should You Buy?

MetroCity (MCBS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

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4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for May 26th

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4 months ago - Zacks Investment Research

MetroCity (MCBS) Upgraded to Strong Buy: Here's What You Should Know

MetroCity (MCBS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

4 months ago - Zacks Investment Research

New Strong Buy Stocks for May 24th

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4 months ago - Zacks Investment Research

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4 months ago - Zacks Investment Research

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5 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for May 20th

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5 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for May 17th

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5 months ago - Zacks Investment Research

MetroCity Bankshares, Inc. Announces Share Repurchase Program

ATLANTA, April 23, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (the "Company") (NASDAQ: MCBS), the holding company for Metro City Bank, announced today that its board of directors has adopted a shar...

5 months ago - PRNewsWire

MetroCity (MCBS) Tops Q1 Earnings and Revenue Estimates

MetroCity (MCBS) delivered earnings and revenue surprises of 16.28% and 9.67%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

MetroCity Bankshares, Inc. Reports Earnings For First Quarter 2021

ATLANTA, April 23, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ: MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $13.0 mil...

5 months ago - PRNewsWire

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

ATLANTA, April 21, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.10 per share on its common stock. T...

5 months ago - PRNewsWire

MetroCity (MCBS) to Report Q1 Results: Wall Street Expects Earnings Growth

MetroCity (MCBS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Is MetroCity (MCBS) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

7 months ago - Zacks Investment Research

MetroCity Bankshares (MCBS) Sees Hammer Chart Pattern: Time to Buy?

MetroCity Bankshares (MCBS) has been struggling lately, but the selling pressure may be coming to an end soon.

7 months ago - Zacks Investment Research

MetroCity (MCBS) Q4 Earnings Match Estimates

MetroCity (MCBS) delivered earnings and revenue surprises of 0.00% and 1.51%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

MetroCity Bankshares, Inc. Reports Earnings For Fourth Quarter And Year Ended 2020

ATLANTA, Jan. 22, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ: MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $9.5 milli...

8 months ago - PRNewsWire