MetroCity Bankshares, Inc. (MCBS)
NASDAQ: MCBS · Real-Time Price · USD
27.41
+0.01 (0.04%)
Mar 31, 2025, 10:59 AM EDT - Market open
MetroCity Bankshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 200.77 | 181.88 | 142.82 | 107.85 | 75.87 | Upgrade
|
| Interest Income on Investments | 12.14 | 10.94 | 4.41 | 0.89 | 1.74 | Upgrade
|
| Total Interest Income | 212.91 | 192.83 | 147.22 | 108.74 | 77.61 | Upgrade
|
| Interest Paid on Deposits | 80.06 | 80.61 | 23.56 | 3.95 | 10.92 | Upgrade
|
| Interest Paid on Borrowings | 14.71 | 10.74 | 4.05 | 0.62 | 0.57 | Upgrade
|
| Total Interest Expense | 94.77 | 91.35 | 27.61 | 4.57 | 11.49 | Upgrade
|
| Net Interest Income | 118.15 | 101.48 | 119.61 | 104.17 | 66.12 | Upgrade
|
| Net Interest Income Growth (YoY) | 16.42% | -15.16% | 14.82% | 57.55% | 8.44% | Upgrade
|
| Mortgage Banking Activities | 2.45 | -0.19 | -0.72 | -1.04 | 1.31 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.04 | -0.04 | 1.1 | - | - | Upgrade
|
| Other Non-Interest Income | 13.65 | 13.22 | 11.5 | 21.61 | 15.6 | Upgrade
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| Total Non-Interest Income | 23.06 | 18.2 | 17.96 | 33.21 | 27.21 | Upgrade
|
| Non-Interest Income Growth (YoY) | 26.69% | 1.39% | -45.94% | 22.05% | -31.80% | Upgrade
|
| Revenues Before Loan Losses | 141.21 | 119.68 | 137.57 | 137.38 | 93.33 | Upgrade
|
| Provision for Loan Losses | 0.52 | -0.02 | -2.77 | 6.93 | 3.47 | Upgrade
|
| Revenue | 140.69 | 119.7 | 140.33 | 130.45 | 89.86 | Upgrade
|
| Revenue Growth (YoY) | 17.54% | -14.70% | 7.58% | 45.16% | -10.91% | Upgrade
|
| Salaries and Employee Benefits | 30.58 | 26.88 | 28.57 | 28.69 | 23.68 | Upgrade
|
| Occupancy Expenses | 3.14 | 2.72 | 2.7 | 2.68 | 2.7 | Upgrade
|
| Selling, General & Administrative | 6.94 | 6.43 | 5.79 | 5.41 | 5.85 | Upgrade
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| Other Non-Interest Expense | 12.72 | 11.69 | 12.22 | 11.53 | 8.87 | Upgrade
|
| Total Non-Interest Expense | 53.38 | 47.73 | 49.28 | 48.31 | 41.1 | Upgrade
|
| EBT Excluding Unusual Items | 87.31 | 71.97 | 91.05 | 82.14 | 48.76 | Upgrade
|
| Asset Writedown | - | - | 0.16 | 0.48 | - | Upgrade
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| Pretax Income | 87.31 | 71.97 | 91.22 | 82.62 | 48.76 | Upgrade
|
| Income Tax Expense | 22.81 | 20.36 | 28.62 | 20.92 | 12.37 | Upgrade
|
| Net Income | 64.5 | 51.61 | 62.6 | 61.7 | 36.39 | Upgrade
|
| Net Income to Common | 64.5 | 51.61 | 62.6 | 61.7 | 36.39 | Upgrade
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| Net Income Growth | 24.98% | -17.55% | 1.46% | 69.54% | -18.61% | Upgrade
|
| Basic Shares Outstanding | 25 | 25 | 25 | 26 | 26 | Upgrade
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| Diluted Shares Outstanding | 26 | 26 | 26 | 26 | 26 | Upgrade
|
| Shares Change (YoY) | 0.25% | -0.66% | -0.39% | -0.04% | 4.32% | Upgrade
|
| EPS (Basic) | 2.55 | 2.05 | 2.46 | 2.41 | 1.42 | Upgrade
|
| EPS (Diluted) | 2.52 | 2.02 | 2.44 | 2.39 | 1.41 | Upgrade
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| EPS Growth | 24.75% | -17.21% | 2.09% | 69.50% | -22.10% | Upgrade
|
| Dividend Per Share | 0.830 | 0.720 | 0.600 | 0.460 | 0.400 | Upgrade
|
| Dividend Growth | 15.28% | 20.00% | 30.44% | 15.00% | -4.76% | Upgrade
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| Effective Tax Rate | 26.12% | 28.29% | 31.37% | 25.32% | 25.37% | Upgrade
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Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.