MetroCity Bankshares (NASDAQ:MCBS) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.59 by 11.86 percent. This is a 29.41 percent increase over earnings of $0.51 per share from the same period last year.
MetroCity Bankshares (NASDAQ:MCBS) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.59 by 11.86 percent. This is a 29.41 percent increase over earnings of $0.51 per share from the same period last year.
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ATLANTA, Oct. 18, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.7 million, or $0.65 per diluted share, for the third quarter of 2024, compared to $16.9 million, or $0.66 per diluted share, for the second quarter of 2024, and $11.4 million, or $0.45 per diluted share, for the third quarter of 2023. For the nine months ended September 30, 2024, the Company reported net income of $48.3 million, or $1.89 per diluted share, compared to $40.3 million, or $1.58 per diluted share, for the same period in 2023.
ATLANTA, Oct. 16, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (the "Company") (NASDAQ:MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.23 per share on its common stock. The cash dividend is payable on November 8, 2024 to shareholders of record as of October 30, 2024. The Company also announced today that its board of directors has approved the continuation of its share repurchase program that expired on September 30, 2024 ("Prior Share Repurchase Plan"), and authorized the Company to repurchase up to 925,250 shares of the Company'
ATLANTA, July 19, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.9 million, or $0.66 per diluted share, for the second quarter of 2024, compared to $14.6 million, or $0.57 per diluted share, for the first quarter of 2024, and $13.1 million, or $0.51 per diluted share, for the second quarter of 2023. For the six months ended June 30, 2024, the Company reported net income of $31.6 million, or $1.24 per diluted share, compared to $28.8 million, or $1.13 per diluted share, for the same period in 2023. Second Quarter 2024 Highlights: Annualized return on average as
10-Q - MetroCity Bankshares, Inc. (0001747068) (Filer)
8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
Keefe, Bruyette & Woods analyst Kelly Motta reiterates MetroCity Bankshares (NASDAQ:MCBS) with a Market Perform and raises the price target from $28 to $32.
MetroCity Bankshares (NASDAQ:MCBS) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.59 by 11.86 percent. This is a 29.41 percent increase over earnings of $0.51 per share from the same period last year.
Keefe, Bruyette & Woods analyst Kelly Motta maintains MetroCity Bankshares (NASDAQ:MCBS) with a Market Perform and raises the price target from $27 to $28.
SC 13G - MetroCity Bankshares, Inc. (0001747068) (Subject)
SC 13G - MetroCity Bankshares, Inc. (0001747068) (Subject)
SC 13G - MetroCity Bankshares, Inc. (0001747068) (Subject)
4 - MetroCity Bankshares, Inc. (0001747068) (Issuer)
4 - MetroCity Bankshares, Inc. (0001747068) (Issuer)
4 - MetroCity Bankshares, Inc. (0001747068) (Issuer)
4 - MetroCity Bankshares, Inc. (0001747068) (Issuer)
4 - MetroCity Bankshares, Inc. (0001747068) (Issuer)
ATLANTA, Oct. 18, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.7 million, or $0.65 per diluted share, for the third quarter of 2024, compared to $16.9 million, or $0.66 per diluted share, for the second quarter of 2024, and $11.4 million, or $0.45 per diluted share, for the third quarter of 2023. For the nine months ended September 30, 2024, the Company reported net income of $48.3 million, or $1.89 per diluted share, compared to $40.3 million, or $1.58 per diluted share, for the same period in 2023.
ATLANTA, Oct. 16, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (the "Company") (NASDAQ:MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.23 per share on its common stock. The cash dividend is payable on November 8, 2024 to shareholders of record as of October 30, 2024. The Company also announced today that its board of directors has approved the continuation of its share repurchase program that expired on September 30, 2024 ("Prior Share Repurchase Plan"), and authorized the Company to repurchase up to 925,250 shares of the Company'
ATLANTA, July 19, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.9 million, or $0.66 per diluted share, for the second quarter of 2024, compared to $14.6 million, or $0.57 per diluted share, for the first quarter of 2024, and $13.1 million, or $0.51 per diluted share, for the second quarter of 2023. For the six months ended June 30, 2024, the Company reported net income of $31.6 million, or $1.24 per diluted share, compared to $28.8 million, or $1.13 per diluted share, for the same period in 2023. Second Quarter 2024 Highlights: Annualized return on average as