MetroCity Bankshares, Inc. financial data

Symbol
MCBS on Nasdaq
Industry
State Commercial Banks
Location
5114 Buford Highway, Doraville, GA
State of incorporation
GA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 800 % -5.57%
Return On Equity 15 % +8.4%
Return On Assets 1.66 % +13.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25.3M shares +0.5%
Common Stock, Shares, Outstanding 25.3M shares +0.36%
Entity Public Float 328M USD -13.1%
Common Stock, Value, Issued 253K USD +0.4%
Weighted Average Number of Shares Outstanding, Basic 25.3M shares +0.23%
Weighted Average Number of Shares Outstanding, Diluted 25.7M shares +0.32%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 82.6M USD +9.59%
Income Tax Expense (Benefit) 23M USD -7.78%
Net Income (Loss) Attributable to Parent 59.6M USD +18.2%
Earnings Per Share, Basic 2.36 USD/shares +17.4%
Earnings Per Share, Diluted 2.32 USD/shares +17.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 291M USD +3.25%
Property, Plant and Equipment, Net 18.2M USD +4%
Operating Lease, Right-of-Use Asset 7.17M USD -2.3%
Assets 3.57B USD +1.66%
Liabilities 3.16B USD +1.14%
Accumulated Other Comprehensive Income (Loss), Net of Tax 11.1M USD -63.3%
Retained Earnings (Accumulated Deficit) 348M USD +12.9%
Stockholders' Equity Attributable to Parent 407M USD +5.84%
Liabilities and Equity 3.57B USD +1.66%

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 +0.36%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 291M USD +3.25%
Interest Paid, Excluding Capitalized Interest, Operating Activities 26.3M USD +40.2%
Deferred Tax Assets, Valuation Allowance 0 USD
Operating Lease, Liability 7.3M USD -3.21%
Payments to Acquire Property, Plant, and Equipment 243K USD -79.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 40.4M USD -33%
Lessee, Operating Lease, Liability, to be Paid 8.08M USD -1.15%
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 783K USD +23.3%
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 47.5M USD +4.17%
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%