MetroCity Bankshares, Inc. (MCBS)

MetroCity Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	120.24	119.7	140.5	130.93	89.86	100.87
Revenue Growth (YoY)	-10.71%	-14.80%	7.31%	45.70%	-10.91%	6.61%
Gross Profit	120.24	119.7	140.5	130.93	89.86	100.87
Selling, General & Admin	37.23	36.04	37.06	36.78	32.23	31.35
Other Operating Expenses	12.18	11.69	12.22	11.53	8.87	8.65
Operating Expenses	49.41	47.73	49.28	48.31	41.1	40
Operating Income	70.83	71.97	91.22	82.62	48.76	60.87
Pretax Income	70.83	71.97	91.22	82.62	48.76	60.87
Income Tax	20.32	20.36	28.62	20.92	12.37	16.15
Net Income	50.51	51.61	62.6	61.7	36.39	44.72
Net Income Growth	-14.24%	-17.55%	1.46%	69.54%	-18.61%	8.19%
Shares Outstanding (Basic)	25	25	25	25	26	26
Shares Change	0.25%	-0.41%	-0.61%	-0.81%	0.56%	0.89%
EPS (Basic)	2.00	2.05	2.46	2.41	1.42	1.82
EPS (Diluted)	1.97	2.02	2.44	2.39	1.41	1.81
EPS Growth	-14.72%	-17.21%	2.09%	69.50%	-22.10%	7.10%
Free Cash Flow	88.91	77.17	132.34	65.05	142.02	31.1
Free Cash Flow Per Share	3.53	3.06	5.23	2.55	5.53	1.22
Dividend Per Share	0.740	0.720	0.600	0.460	0.400	0.110
Dividend Growth	17.46%	20.00%	30.43%	15.00%	263.64%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	58.91%	60.13%	64.92%	63.10%	54.26%	60.34%
Profit Margin	42.01%	43.12%	44.56%	47.13%	40.50%	44.33%
Free Cash Flow Margin	73.95%	64.47%	94.19%	49.68%	158.04%	30.83%
Effective Tax Rate	28.69%	28.29%	31.37%	25.32%	25.37%	26.53%
EBITDA	73.57	74.66	95.09	85.43	51.69	63.59
EBITDA Margin	61.18%	62.37%	67.68%	65.25%	57.52%	63.04%
Depreciation & Amortization	2.73	2.69	3.88	2.81	2.93	2.72
EBIT	70.83	71.97	91.22	82.62	48.76	60.87
EBIT Margin	58.91%	60.13%	64.92%	63.10%	54.26%	60.34%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).