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MetroCity Bankshares

Financial Services US MCBS

34.31USD
0.55(1.63%)

Last update at 2026-06-09T16:00:00Z

Day Range

34.0835.00
LowHigh

52 Week Range

15.6925.98
LowHigh

Fundamentals

  • Previous Close 33.76
  • Market Cap618.54M
  • Volume39779
  • P/E Ratio12.46
  • Dividend Yield3.20%
  • Revenue TTM120.11M
  • Revenue Per Share TTM4.76
  • Gross Profit TTM 140.33M
  • Diluted EPS TTM1.97

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 91.22M 82.62M 48.76M 60.87M 56.00M
Minority interest - - - - -
Net income 65.59M 61.70M 36.39M 44.72M 41.33M
Selling general administrative 30.50M 30.11M 25.50M 24.92M 25.92M
Selling and marketing expenses 0.61M 0.54M 0.57M 0.65M 0.61M
Gross profit 4.14M 137.97M 93.33M 100.87M 95.81M
Reconciled depreciation 3.88M 2.81M 2.93M 2.72M 0.90M
Ebit 118.83M 82.62M 48.76M 60.87M 70.68M
Ebitda 122.70M 85.43M 51.69M 63.59M 71.58M
Depreciation and amortization 3.88M 2.81M 2.93M 2.72M 0.90M
Non operating income net other - - - - -
Operating income 118.83M 82.62M 48.76M 60.87M 70.68M
Other operating expenses 0.61M -55.35300M -44.56700M -40.00000M 25.14M
Interest expense 27.61M 4.57M 11.49M 22.24M 14.68M
Tax provision 25.62M 20.92M 12.37M 16.15M 14.67M
Interest income 147.22M 108.74M 77.61M 83.21M 72.88M
Net interest income 119.61M 104.17M 66.12M 60.98M 58.20M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 25.62M 20.92M 12.37M 16.15M 14.67M
Total revenue 4.14M 137.97M 93.33M 100.87M 92.31M
Total operating expenses 0.61M -55.35300M -44.56700M -40.00000M -25.13700M
Cost of revenue - - - - -3.50300M
Total other income expense net -27.60900M -4.57200M -11.48900M -22.23800M -14.67500M
Discontinued operations - - - - -
Net income from continuing ops 65.59M 61.70M 36.39M 44.72M 41.33M
Net income applicable to common shares 62.60M 61.70M 36.39M 44.72M 41.33M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3502.82M 3426.56M 3106.16M 1896.14M 1631.86M
Intangible assets 1.27M 3.97M 7.75M 12.99M 18.07M
Earning assets - - - - 146.47M
Other current assets 161.40M 13.17M 2569.58M 1672.65M 1280.39M
Total liab 3121.31M 3074.14M 2815.93M 1651.31M 1415.13M
Total stockholder equity 381.52M 352.41M 290.22M 244.83M 216.72M
Deferred long term liab - - - - -
Other current liab 516.18M -2.73900M -0.20400M -30.22200M -0.89000M
Common stock 0.25M 0.25M 0.26M 0.26M 0.26M
Capital stock 0.25M 0.25M 0.26M 0.26M 0.26M
Retained earnings 315.36M 288.82M 238.58M 188.71M 162.62M
Other liab - 23.18M 42.39M 51.15M 31.26M
Good will - - - - -
Other assets 0.00000M 3186.94M 2569.58M 1672.65M 1280.39M
Cash 142.15M 150.96M 432.52M 140.74M 270.50M
Cash and equivalents - - - - -
Total current liabilities 516.18M 2.74M 0.20M 30.22M 0.89M
Current deferred revenue -5.94300M - - - -
Net debt 191.50M 233.31M 77.80M -19.35100M -194.89100M
Short term debt 1.81M 8.88M 9.86M 30.00M -
Short long term debt - - - 30.00M -
Short long term debt total 333.65M 384.28M 510.32M 121.39M 75.61M
Other stockholder equity 45.70M 45.30M 51.56M 55.67M 53.85M
Property plant equipment - 14.26M 22.41M 24.20M 26.42M
Total current assets 161.40M 183.38M 469.31M 168.18M 291.29M
Long term investments 28.83M 29.55M 37.12M 18.12M 15.70M
Net tangible assets - 349.42M 290.22M 244.83M 216.72M
Short term investments 18.49M 19.25M 25.73M 18.12M 15.70M
Net receivables 15.12M 13.17M 11.05M 9.32M 5.10M
Long term debt 325.00M 375.39M 500.46M 110.48M 63.13M
Inventory 127.03M 4.33M 3.62M 3.84M 0.42M
Accounts payable 4.13M 2.74M 0.20M 0.22M 0.89M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 20.21M 18.04M -0.16800M 0.20M -0.00100M
Additional paid in capital - - - - -
Common stock total equity - 0.25M 0.26M 0.26M 0.26M
Preferred stock total equity - - - - -
Retained earnings total equity - 285.83M 238.58M 188.71M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 90.11M -56.23800M -67.27200M -55.31000M -60.18000M
Deferred long term asset charges - - - - -
Non current assets total 3341.43M 56.24M 67.27M 55.31M 60.18M
Capital lease obligations 8.65M 8.88M 9.86M 10.91M 12.48M
Long term debt total - 0.39M 0.46M 0.48M 3.13M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 5.09M -897.90900M -477.86400M -18.28900M 109.34M
Change to liabilities -19.42000M -10.42700M 19.46M 0.00000M 0.00000M
Total cashflows from investing activities -651.81600M -930.55100M -477.86400M -18.28900M 109.41M
Net borrowings -125.06700M 389.98M 47.35M 58.87M -120.78200M
Total cash from financing activities 255.27M 1155.77M 209.58M 124.08M 94.17M
Change to operating activities -21.88800M -4.20000M 19.63M 11.22M 1.72M
Net income 62.60M 61.70M 36.39M 44.72M 41.33M
Change in cash -261.85600M 290.65M -125.72500M 137.99M 42.59M
Begin period cash flow 441.34M 150.69M 276.41M 138.43M 95.83M
End period cash flow 179.49M 441.34M 150.69M 276.41M 138.43M
Total cash from operating activities 134.69M 65.43M 142.56M 32.20M -160.91900M
Issuance of capital stock - 0.00000M 0.00000M 13.91M -
Depreciation 3.88M 2.81M 2.93M 2.72M 0.90M
Other cashflows from investing activities -654.55600M -32.25800M -15.84600M -2.67900M 5.84M
Dividends paid -15.29000M -11.79200M -10.28500M -10.36700M 9.29M
Change to inventory - -3.05100M 20.89M 12.05M 1.35M
Change to account receivables -2.11900M -0.38100M -5.57000M -0.14400M -0.20100M
Sale purchase of stock -8.19500M -5.54400M 0.00000M -1.48500M -
Other cashflows from financing activities 928.82M 1423.13M 222.51M 123.14M 224.25M
Change to netincome 60.47M -122.68900M 83.75M -30.10100M -206.90400M
Capital expenditures 2.35M 0.38M 0.54M 1.10M 2.85M
Change receivables -2.11900M -0.38100M -5.57000M - -
Cash flows other operating 29.29M 134.42M 128.75M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -261.85600M 290.65M -125.72500M - -
Change in working capital -24.00700M -4.58100M 14.06M 11.08M 1.52M
Stock based compensation 1.93M 1.43M 1.82M 1.53M 1.50M
Other non cash items 93.25M 7.15M 89.30M -28.92800M -206.52400M
Free cash flow 132.34M 65.05M 142.02M 31.10M -163.77400M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
MCBS
MetroCity Bankshares
0.55 1.63% 34.31 12.46 - 4.79 1.50
HDB
HDFC Bank Limited ADR
0.24 1.04% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.24 0.78% 30.47 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

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 commercial and industrial loans, residential mortgage loans, and SBA loans. In addition, it offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and telephone banking services. Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including wire transfer, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company was founded in 2006 and is headquartered in Atlanta, Georgia.

MetroCity Bankshares

5114 Buford Highway NE, Atlanta, GA, United States, 30340

Key Executives

Name Title Year Born
Mr. Nack Young Paek Chairman & CEO 1943
Mr. Farid Tan Pres & Director 1958
Mr. Howard Hwasaeng Kim Exec. VP, Chief Lending Officer, COO & Director 1957
Mr. Sion Nyen Lai Sec. & Director 1955
Mr. Lucas C. Stewart Exec. VP, CFO & Assistant Corp. Sec. 1979
Mr. Farid Tan President & Director 1958
Mr. Howard Hwasaeng Kim Executive VP, Chief Lending Officer, COO & Director 1957
Mr. Sion Nyen Lai Secretary & Director 1955
Mr. Lucas C. Stewart Executive VP, CFO & Assistant Corporate Secretary 1979

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