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MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. The company offers customary banking services, such as consumer and commercial checking, savings, and money market accounts, as well as certificates of deposit. It also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; and commercial and industrial, residential mortgage, small business administration loans, and consumer and other loans, as well as letters of credit and investment securities. In addition, the company offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and banking by telephone, mail and personal appointment. Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. MetroCity Bankshares, Inc. was founded in 2006 and is headquartered in Doraville, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $153M | - | $69M | $37M | 12.6% | 9.8% | 6.2% |
| 2024 | $140M | - | $65M | $62M | 15.3% | 18.3% | 25.0% |
| 2023 | $118M | - | $52M | $77M | 13.5% | -12.4% | -17.6% |
| 2022 | $135M | - | $63M | $132M | 17.9% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 134.68 | 118.04 | 139.66 | 153.42 |
| Operating Revenue | - | 134.68 | 118.04 | 139.66 | 153.42 |
| Selling General And Administration | - | 32.90 | 32.12 | 36.20 | 39.81 |
| Interest Income | - | 147.22 | 192.83 | 212.91 | 220.83 |
| Interest Expense | - | 27.61 | 91.35 | 94.77 | 90.38 |
| Net Interest Income | - | 119.61 | 101.48 | 118.15 | 130.45 |
| Pretax Income | - | 91.22 | 71.97 | 87.31 | 92.69 |
| Tax Provision | - | 28.62 | 20.36 | 22.81 | 24.16 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | -1.23 |
| Net Income Continuous Operations | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Net Income From Continuing And Discontinued Operation | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Net Income From Continuing Operation Net Minority Interest | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Net Income | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Net Income Common Stockholders | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Net Income Including Noncontrolling Interests | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Normalized Income | - | 62.60 | 51.61 | 64.50 | 72.03 |
| Diluted NI Availto Com Stockholders | - | 62.60 | 51.61 | 64.50 | 68.53 |
| Basic Average Shares | - | 25.42 | 25.18 | 25.30 | 25.73 |
| Diluted Average Shares | - | 25.69 | 25.52 | 25.58 | 26.01 |
| Reconciled Depreciation | - | 3.88 | 2.69 | 2.96 | 3.51 |
| Total Unusual Items | - | - | 0 | 0 | -4.73 |
| Total Unusual Items Excluding Goodwill | - | - | 0 | 0 | -4.73 |
| Special Income Charges | - | - | 0 | 0 | -4.73 |
| Restructuring And Mergern Acquisition | - | - | 0 | 0 | 4.73 |
| Gain On Sale Of Security | - | -1.09 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | - | 0 | 0 | 0.11 |
| Depreciation And Amortization In Income Statement | - | - | 0 | 0 | 0.11 |
| General And Administrative Expense | - | 32.29 | 31.50 | 35.57 | 39.15 |
| Other Gand A | 1.90 | - | - | - | - |
| Salaries And Wages | - | 31.07 | 29.92 | 33.85 | 37.44 |
| Insurance And Claims | - | 1.23 | 1.58 | 1.72 | 1.71 |
| Selling And Marketing Expense | - | 0.61 | 0.61 | 0.63 | 0.66 |
| Amortization | - | - | 0 | 0 | 0.11 |
| Amortization Of Intangibles Income Statement | - | - | 0 | 0 | 0.11 |
| Occupancy And Equipment | - | 4.86 | 4.89 | 5.52 | 5.79 |
| Professional Expense And Contract Services Expense | - | 1.31 | 1.52 | 1.52 | 1.75 |
| Other Non Interest Expense | - | 7.16 | 7.54 | 8.58 | 8.87 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| MetroCity Bankshares, Inc.this co. | MCBS | $960M | 14.01 | 1.76 | 12.6% | - |
| Southside Bancshares, Inc. | SBSI | $980M | 14.15 | 1.16 | 8.2% | - |
| Burford Capital Limited | BUR | $975M | 15.58 | 0.40 | 2.6% | - |
| Capitol Federal Financial, Inc. | CFFN | $973M | 14.30 | 0.93 | 6.5% | - |
| Horizon Bancorp, Inc. | HBNC | $961M |
| - |
| - |
| - |
| - |
| - |
| - |
| -6.39 |
| 1.40 |
| -21.9% |
| - |
| Trupanion, Inc. | TRUP | $949M | 48.82 | 2.47 | 5.1% | 17.88 |
| Equity Bancshares, Inc. | EQBK | $946M | 41.62 | 1.29 | 3.1% | - |
| Esquire Financial Holdings, Inc. | ESQ | $938M | 18.46 | 3.24 | 17.5% | - |
| Ategrity Specialty Insurance Company Holdings | ASIC | $934M | 12.62 | 1.52 | 12.0% | - |
| Peer Median | - | 14.94 | 1.34 | 5.8% | 17.88 | |