MetroCity Bankshares, Inc.
- Open
- 36.16
- Day high
- 36.39
- Day low
- 35.81
- Prev close
- 36.38
- Volume
- 56K
- Mkt cap
- $1.0B
- P/E (TTM)
- 12.9
- EPS (TTM)
- $2.81
- P/B
- 1.9
- P/S
- 4.1
- Yield
- 2.87%
- Per share
- $1.04
MetroCity Bankshares, Inc. (MCBS) is a Financial Services company listed on NASDAQ. The stock is up 18% over the past year.
MetroCity Bankshares, Inc. (MCBS) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
MCBS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $0.77 | $0.77 | +0.0% | $51M | +0.5% |
| Mar 16, 2026 | — | $0.68 | — | $61M | — |
| Oct 17, 2025 | $0.71 | $0.67 | -5.6% | $38M | -5.5% |
| Jul 18, 2025 | $0.63 | $0.65 | +3.2% | $38M | +5.0% |
| Apr 18, 2025 | $0.61 | $0.63 | +3.3% | $36M | -0.5% |
| Mar 10, 2025 | — | $0.63 | — | $56M | — |
| Oct 18, 2024 | $0.64 | $0.65 | +1.6% | $37M | +1.4% |
| Jul 19, 2024 | $0.59 | $0.66 | +11.9% | $36M | +4.2% |
| Apr 19, 2024 | $0.53 | $0.57 | +7.5% | $33M | +3.8% |
| Mar 11, 2024 | — | $0.44 | — | $54M | — |
| Oct 20, 2023 | $0.50 | $0.45 | -10.0% | $27M | -8.2% |
| Jul 21, 2023 | $0.50 | $0.51 | +2.0% | $30M | +3.3% |
MCBS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 2, 2026 | Kim Howard Hwasaengdirector, officer: Executive Vice President | Grant | 21,840 | $32.66 |
| Jun 2, 2026 | Mohdnor Abdulofficer: Executive Vice President | Grant | 612 | $32.66 |
| Jun 2, 2026 | Shim David S.director | Grant | 367 | $32.66 |
| Jun 2, 2026 | Hungeling William J.director | Grant | 735 | $32.66 |
| Jun 2, 2026 | Glover Frankdirector | Grant | 735 | $32.66 |
| Jun 2, 2026 | Paek Johndirector | Grant | 735 | $32.66 |
| Jun 2, 2026 | Rhee Frank S.director | Grant | 735 | $32.66 |
| Jun 2, 2026 | Lu Feiyingdirector | Grant | 735 | $32.66 |
| Jun 2, 2026 | Patel Ajit A.director | Grant | 735 | $32.66 |
| Jun 2, 2026 | Leung Dondirector | Grant | 735 | $32.66 |
| Jun 2, 2026 | Tan Fariddirector, officer: President | Grant | 31,107 | $32.66 |
| Jun 2, 2026 | Lai Francisdirector | Grant | 735 | $32.66 |
| Jun 2, 2026 | PAEK NACK Ydirector, officer: Chief Executive Officer | Grant | 31,107 | $32.66 |
| Jun 3, 2025 | Kim Howard Hwasaengdirector, officer: Executive Vice President | Grant | 26,435 | $27.94 |
| Jun 3, 2025 | Mohdnor Abdulofficer: Executive Vice President | Grant | 716 | $27.94 |
Source: MCBS SEC Form 4 filings, latest Jun 2, 2026. For informational purposes only — not investment advice.
See the full MCBS insider & 13F page →MetroCity Bankshares, Inc. company profile
Overview
MetroCity Bankshares, Inc. (NASDAQ:MCBS) is a regional bank holding company founded in 2006 and headquartered in Doraville, Georgia. The company operates through its subsidiary Metro City Bank, which provides traditional banking services across seven states including Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. Since going public in September 2019, MetroCity has grown to operate 19 full-service branch locations while serving small to medium-sized businesses, individuals, and municipalities with a comprehensive suite of banking products and services.
Business
MetroCity Bankshares operates in the regional banking industry, which serves as a critical intermediary between depositors seeking to store and earn returns on their money and borrowers needing capital for various purposes. Regional banks like MetroCity typically focus on specific geographic markets and serve local communities, differentiating themselves from large national banks through personalized service and local market knowledge. The company's core business revolves around traditional banking services delivered through two primary segments. Deposit services form the foundation of the business, where MetroCity accepts customer deposits through various account types including consumer and commercial checking accounts, savings accounts, certificates of deposit, and money market accounts. These deposits provide the bank with low-cost funding that it can then lend out at higher interest rates. Lending operations represent the primary revenue-generating activity, where MetroCity extends credit across multiple loan categories. The bank offers construction and development loans for real estate projects, commercial real estate financing for business properties, commercial and industrial loans for working capital and equipment purchases, single-family residential mortgages for homebuyers, Small Business Administration (SBA) loans that are partially government-guaranteed, and various consumer loans for personal use. Additionally, MetroCity provides treasury management and digital banking services including online banking platforms, wire transfers, automated clearing house (ACH) services, and comprehensive cash management solutions. These services generate fee income while helping retain customers by providing convenient banking access and sophisticated financial management tools for business clients.
Revenue model
MetroCity generates revenue primarily through the traditional banking model of net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowed funds. This spread, known as the net interest margin, represents the bank's core profitability driver. When MetroCity lends money at 6% interest but pays depositors only 2% on their savings accounts, the 4% difference generates net interest income. The bank also earns non-interest income through various fee-based services including loan origination fees, treasury management service charges, wire transfer fees, and other banking service fees. While smaller than interest income, these fees provide steady revenue streams that are less sensitive to interest rate fluctuations. Several factors significantly impact MetroCity's profitability margins. Interest rate environment is the most critical factor - when the Federal Reserve raises rates, banks can typically increase loan rates faster than deposit rates, expanding net interest margins. Conversely, falling rates compress margins. Credit quality directly affects profitability through loan loss provisions - economic downturns or poor underwriting can force the bank to set aside significant reserves for potential loan losses, reducing net income. Competition for deposits influences funding costs, as banks must offer competitive rates to attract and retain depositors, especially during periods of rising interest rates. Loan demand from businesses and consumers affects the bank's ability to deploy deposits profitably - weak economic conditions reduce borrowing demand and limit growth opportunities. Finally, regulatory compliance costs and operational efficiency measures impact the bank's expense base, with technology investments and regulatory requirements representing ongoing cost pressures that must be balanced against revenue growth.
Competitive moat
MetroCity Bankshares operates with a relatively modest competitive moat typical of smaller regional banks. The company's primary defensive characteristics stem from its local market presence and established customer relationships across its seven-state footprint. Regional banks benefit from switching costs, as business customers particularly find it inconvenient to change banking relationships due to integrated services like payroll processing, lines of credit, and treasury management systems. The bank's geographic diversification across multiple states provides some protection against localized economic downturns, while its focus on small to medium-sized businesses creates opportunities for personalized service that larger national banks may struggle to replicate efficiently. MetroCity's SBA lending expertise also represents a specialized capability that requires regulatory knowledge and relationship management skills. However, the company faces significant competitive pressures that limit the strength of its moat. Large national banks possess substantial advantages in technology investment, product breadth, and cost of funding, while offering comparable or superior digital banking experiences. Credit unions compete aggressively for deposits by offering higher rates due to their tax-exempt status. Fintech companies are increasingly disrupting traditional banking services, particularly in payments, lending, and digital account management. The banking industry's commodity-like nature means that interest rates and service quality often determine customer choices more than brand loyalty. MetroCity's smaller scale also limits its ability to invest in cutting-edge technology or offer the comprehensive product suites available from larger competitors. While the bank maintains relationships through local presence and personalized service, these advantages are gradually eroding as digital banking reduces the importance of physical branch networks and customers become more willing to bank with institutions outside their immediate geographic area.
Risks & safety
MetroCity Bankshares demonstrates strong financial stability with minimal solvency risk, supported by robust cash position and healthy profitability metrics. • Liquidity position: Exceptional cash holdings of $272 million as of Q1 2025, representing nearly 7.4% of total assets, providing substantial buffer for operations and unexpected withdrawals • Debt management: Debt-to-equity ratio of 1.01 is reasonable for a bank, where deposits constitute the primary form of "debt" funding the loan portfolio • Profitability metrics: Strong return on equity of 15.3% for fiscal 2024, indicating efficient capital utilization and healthy profit generation • Valuation considerations: Trading at modest multiples with P/E ratio of 10.7x and price-to-book ratio of 1.64x, suggesting reasonable valuation relative to earnings and book value • Operational cash flow: Positive free cash flow of $62.2 million in fiscal 2024 demonstrates the bank's ability to generate cash from core operations • Capital adequacy: As a regulated financial institution, MetroCity must maintain minimum capital ratios, and current metrics suggest compliance with regulatory requirements without stress
Recent development
Based on the available financial data, MetroCity Bankshares has demonstrated consistent operational performance while navigating the challenging interest rate environment of recent years. The bank has maintained steady profitability with net income remaining relatively stable around $16-17 million per quarter through 2024, despite fluctuations in revenue that reflect the dynamic interest rate landscape. The company has shown strong cash flow generation, with fiscal 2024 producing $62.2 million in free cash flow, indicating robust operational efficiency. This cash generation capability has allowed MetroCity to maintain substantial liquidity buffers, with cash and short-term investments consistently representing a significant portion of total assets. Balance sheet management has been a focus area, with the bank maintaining relatively stable total assets around $3.6 billion while optimizing the composition of its loan portfolio and deposit base. The consistent return on equity performance, reaching 15.3% for fiscal 2024, suggests effective capital deployment despite the challenging operating environment for regional banks. The bank's geographic footprint expansion across seven states positions it to capture diverse market opportunities while reducing concentration risk in any single regional economy. However, without detailed earnings call transcripts, specific strategic initiatives regarding digital banking enhancements, new product launches, or acquisition activities remain unclear from the financial data alone.
MCBS company profile · for informational purposes only — not investment advice.
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