MetroCity Bankshares Financials

MCBS Stock  USD 34.41  0.10  0.29%   
Based on the key indicators related to MetroCity Bankshares' liquidity, profitability, solvency, and operating efficiency, MetroCity Bankshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, MetroCity Bankshares' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Key indicators impacting MetroCity Bankshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.410.4312
Notably Down
Slightly volatile
Return On Assets0.02380.0147
Way Up
Very volatile
Return On Equity0.210.1353
Way Up
Pretty Stable
Debt Equity Ratio0.510.8519
Way Down
Slightly volatile
Operating Income61.6 M72 M
Fairly Down
Slightly volatile
Current Ratio36.7638.6959
Notably Down
Very volatile
The financial analysis of MetroCity Bankshares is a critical element in measuring its lifeblood. Investors should not minimize MetroCity Bankshares' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

38.97 Million

  
Understanding current and past MetroCity Bankshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MetroCity Bankshares' financial statements are interrelated, with each one affecting the others. For example, an increase in MetroCity Bankshares' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in MetroCity Bankshares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MetroCity Bankshares. Check MetroCity Bankshares' Beneish M Score to see the likelihood of MetroCity Bankshares' management manipulating its earnings.

MetroCity Bankshares Stock Summary

MetroCity Bankshares competes with Home Bancorp, Great Southern, Finward Bancorp, CrossFirst Bankshares, and Home Federal. 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 was founded in 2006 and is headquartered in Doraville, Georgia. Metrocity Bankshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 216 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS59165J1051
CUSIP59165J105
LocationGeorgia; U.S.A
Business Address5114 Buford Highway
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.metrocitybank.bank
Phone770 455 4989
CurrencyUSD - US Dollar

MetroCity Bankshares Key Financial Ratios

MetroCity Bankshares Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.9B3.1B3.4B3.5B1.9B
Net Debt(194.9M)(19.4M)77.8M233.3M191.5M201.1M
Retained Earnings162.6M188.7M238.6M288.8M315.4M161.2M
Cash270.5M140.7M432.5M151.0M142.2M151.6M
Other Assets1.3B1.7B2.6B3.2B3.3B1.8B
Total Liab1.4B1.7B2.8B3.1B3.1B1.7B
Total Current Assets291.3M168.2M469.3M183.4M159.9M151.9M
Intangible Assets18.1M13.0M7.7M4.0M1.3M1.2M
Common Stock121K255K257K252K289.8K179.7K
Other Current Liab(890K)(30M)(204K)(2.7M)(1.8M)(1.7M)
Other Liab31.3M51.2M42.4M23.2M26.7M22.5M
Net Tangible Assets216.7M244.8M290.2M349.4M401.8M204.7M
Accounts Payable890K222K204K2.7M4.1M3.9M
Long Term Debt63.1M110.5M500.5M375.4M325M180.5M
Net Receivables5.1M9.3M11.1M13.2M15.1M7.8M
Other Current Assets296.9M165.2M456.0M197.0M161.4M153.3M
Long Term Debt Total3.1M483K459K392K352.8K335.2K
Capital Surpluse53.9M55.7M51.6M45.3M52.1M50.6M
Net Invested Capital279.9M355.3M790.7M727.8M706.5M517.5M

MetroCity Bankshares Key Income Statement Accounts

The reason investors look at the income statement is to determine what MetroCity Bankshares' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue100.9M93.3M138.0M4.1M115.6M79.7M
Gross Profit100.9M93.3M138.0M4.1M211.0M221.6M
Operating Income60.9M48.8M82.6M118.8M72.0M61.6M
Ebit60.9M50.6M84.3M(1.0M)72.0M48.0M
Ebitda63.6M51.7M85.5M163K72.0M51.9M
Income Before Tax60.9M48.8M82.6M91.2M72.0M55.6M
Net Income44.7M36.4M61.7M62.6M51.6M39.0M
Income Tax Expense16.2M12.4M20.9M25.6M20.4M16.3M
Interest Expense22.2M11.5M4.6M27.6M91.3M95.9M
Tax Provision16.2M12.4M20.9M25.6M24.9M19.9M
Net Interest Income61.0M66.1M104.2M119.6M104.3M83.0M
Interest Income83.2M77.6M108.7M147.2M186.1M107.2M

MetroCity Bankshares Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash138.0M(125.7M)290.7M(261.9M)(34.7M)(32.9M)
Free Cash Flow31.1M142.0M65.0M132.3M73.9M77.6M
Depreciation2.7M2.9M2.8M3.9M2.7M1.9M
Other Non Cash Items(28.9M)89.3M7.2M93.2M(3.7M)(3.8M)
Dividends Paid10.4M10.3M11.8M15.3M(18.2M)(17.3M)
Capital Expenditures1.1M537K384K2.4M4.9M2.5M
Net Income44.7M36.4M61.7M62.6M51.6M39.0M
End Period Cash Flow276.4M150.7M441.3M179.5M144.8M157.8M
Investments(18.3M)(477.9M)(897.9M)5.1M(53.4M)(56.1M)
Net Borrowings58.9M47.4M390.0M(125.1M)(143.8M)(136.6M)
Change To Netincome(30.1M)83.8M(122.7M)60.5M69.5M73.0M
Change To Inventory12.1M20.9M(3.1M)27.1M31.2M32.7M

MetroCity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MetroCity Bankshares's current stock value. Our valuation model uses many indicators to compare MetroCity Bankshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MetroCity Bankshares competition to find correlations between indicators driving MetroCity Bankshares's intrinsic value. More Info.
MetroCity Bankshares is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MetroCity Bankshares is roughly  8.96 . At this time, MetroCity Bankshares' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MetroCity Bankshares by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MetroCity Bankshares Systematic Risk

MetroCity Bankshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MetroCity Bankshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on MetroCity Bankshares correlated with the market. If Beta is less than 0 MetroCity Bankshares generally moves in the opposite direction as compared to the market. If MetroCity Bankshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MetroCity Bankshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MetroCity Bankshares is generally in the same direction as the market. If Beta > 1 MetroCity Bankshares moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MetroCity Bankshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MetroCity Bankshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MetroCity Bankshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.67)

At this time, MetroCity Bankshares' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

MetroCity Bankshares November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MetroCity Bankshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MetroCity Bankshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of MetroCity Bankshares based on widely used predictive technical indicators. In general, we focus on analyzing MetroCity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MetroCity Bankshares's daily price indicators and compare them against related drivers.

Additional Tools for MetroCity Stock Analysis

When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.