MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that offers banking products and services in Georgia, the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire transfer, automated clearing house, and cash management services. It serves small to medium-sized businesses and individuals. The company operates 19 full-service branch locations in Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. The company was founded in 2006 and is headquartered in Doraville, Georgia.
IPO Year: 2019
Exchange: NASDAQ
Website: metrocitybank.bank
10-Q - MetroCity Bankshares, Inc. (0001747068) (Filer)
8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
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10-K/A - MetroCity Bankshares, Inc. (0001747068) (Filer)
8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
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8-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
10-K - MetroCity Bankshares, Inc. (0001747068) (Filer)
ATLANTA, April 18, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.3 million, or $0.63 per diluted share, for the first quarter of 2025, compared to $16.2 million, or $0.63 per diluted share, for the fourth quarter of 2024, and $14.6 million, or $0.57 per diluted share, for the first quarter of 2024. First Quarter 2025 Highlights: Annualized return on average assets was 1.85%, compared to 1.82% for the fourth quarter of 2024 and 1.65% for the first q
ATLANTA, April 16, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. (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 May 9, 2025 to shareholders of record as of April 30, 2025. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch locati
DORAVILLE, Ga., March 17, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ:MCBS) ("MetroCity"), the holding company for Metro City Bank (the "Bank"), and First IC Corporation (OTCEM: FIEB) ("First IC"), the parent company of First IC Bank, both based in Doraville, GA, jointly announced today the signing of a definitive merger agreement for MetroCity to acquire First IC and First IC Bank, in a cash and stock transaction. Under the terms of the merger agreement, which was unanimously approved by the Boards of Directors of both companies, First IC shareholders will receive 3,384,588 shares of MetroCity common stock and $111,965,213 in cash, subject to adjustment, for total consideration
ATLANTA, Jan. 21, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.2 million, or $0.63 per diluted share, for the fourth quarter of 2024, compared to $16.7 million, or $0.65 per diluted share, for the third quarter of 2024, and $11.3 million, or $0.44 per diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported net income of $64.5 million, or $2.52 per diluted share, compared to $51.6 million, or $2.02 per diluted share, for the same period in 2023.
ATLANTA, Jan. 15, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. (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 February 7, 2025 to shareholders of record as of January 29, 2025. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch
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
ATLANTA, July 17, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ:MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.20 per share on its common stock. The cash dividend is payable on August 9, 2024 to shareholders of record as of July 31, 2024. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch locat
ATLANTA, April 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 $14.6 million, or $0.57 per diluted share, for the first quarter of 2024, compared to $11.3 million, or $0.44 per diluted share, for the fourth quarter of 2023, and $15.7 million, or $0.62 per diluted share, for the first quarter of 2023. First Quarter 2024 Highlights: Annualized return on average assets was 1.65%, compared to 1.29% for the fourth quarter of 2023 and 1.87% for the first q
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ATLANTA, April 18, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.3 million, or $0.63 per diluted share, for the first quarter of 2025, compared to $16.2 million, or $0.63 per diluted share, for the fourth quarter of 2024, and $14.6 million, or $0.57 per diluted share, for the first quarter of 2024. First Quarter 2025 Highlights: Annualized return on average assets was 1.85%, compared to 1.82% for the fourth quarter of 2024 and 1.65% for the first q
ATLANTA, April 16, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. (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 May 9, 2025 to shareholders of record as of April 30, 2025. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch locati
ATLANTA, Jan. 21, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. ("MetroCity" or the "Company") (NASDAQ:MCBS), holding company for Metro City Bank (the "Bank"), today reported net income of $16.2 million, or $0.63 per diluted share, for the fourth quarter of 2024, compared to $16.7 million, or $0.65 per diluted share, for the third quarter of 2024, and $11.3 million, or $0.44 per diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported net income of $64.5 million, or $2.52 per diluted share, compared to $51.6 million, or $2.02 per diluted share, for the same period in 2023.
ATLANTA, Jan. 15, 2025 /PRNewswire/ -- MetroCity Bankshares, Inc. (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 February 7, 2025 to shareholders of record as of January 29, 2025. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch
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
ATLANTA, July 17, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ:MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.20 per share on its common stock. The cash dividend is payable on August 9, 2024 to shareholders of record as of July 31, 2024. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch locat
ATLANTA, April 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 $14.6 million, or $0.57 per diluted share, for the first quarter of 2024, compared to $11.3 million, or $0.44 per diluted share, for the fourth quarter of 2023, and $15.7 million, or $0.62 per diluted share, for the first quarter of 2023. First Quarter 2024 Highlights: Annualized return on average assets was 1.65%, compared to 1.29% for the fourth quarter of 2023 and 1.87% for the first q
ATLANTA, April 17, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ:MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.20 per share on its common stock. The cash dividend is payable on May 10, 2024 to shareholders of record as of May 1, 2024. About MetroCity Bankshares, Inc. MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch location