MetroCity Bankshares, Inc. financial data

Symbol
MCBS on Nasdaq
Location
5114 Buford Highway, Doraville, GA
State of incorporation
GA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 809 % -5.85%
Return On Equity 13.8 % -11.8%
Return On Assets 1.52 % -6.72%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +0.21%
Common Stock, Shares, Outstanding 25.3M shares +0.21%
Entity Public Float 328M USD -13.1%
Common Stock, Value, Issued 253K USD 0%
Weighted Average Number of Shares Outstanding, Basic 25.2M shares +0.23%
Weighted Average Number of Shares Outstanding, Diluted 25.6M shares +0.36%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 75.6M USD -9.61%
Income Tax Expense (Benefit) 21.2M USD -23.3%
Net Income (Loss) Attributable to Parent 54.3M USD -2.8%
Earnings Per Share, Basic 2.15 USD/shares -3.15%
Earnings Per Share, Diluted 2.12 USD/shares -2.75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 328M USD +24.8%
Property, Plant and Equipment, Net 18.2M USD +10.9%
Operating Lease, Right-of-Use Asset 7.6M USD -2.09%
Assets 3.62B USD +4.04%
Liabilities 3.21B USD +3.42%
Accumulated Other Comprehensive Income (Loss), Net of Tax 23.6M USD -8.03%
Retained Earnings (Accumulated Deficit) 337M USD +11.6%
Stockholders' Equity Attributable to Parent 407M USD +9.13%
Liabilities and Equity 3.62B USD +4.04%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 36.4M USD +42.4%
Net Cash Provided by (Used in) Financing Activities 103M USD
Net Cash Provided by (Used in) Investing Activities -25.2M USD -154%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 25.3M shares +0.21%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 328M USD +24.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26.3M USD +40.2%
Deferred Tax Assets, Valuation Allowance 0 USD
Operating Lease, Liability 7.74M USD -3.03%
Payments to Acquire Property, Plant, and Equipment 243K USD -79.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 52.3M USD -30.3%
Lessee, Operating Lease, Liability, to be Paid 8.59M USD -1%
Property, Plant and Equipment, Gross 28.1M USD +20.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 851K USD +22.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 534K USD +4.09%
Additional Paid in Capital 46.6M USD +2.48%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 12.5M USD +3.85%
Share-based Payment Arrangement, Expense 406K USD +36.2%
Interest Expense 97.8M USD +48.7%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%