Metrocity Bankshares Stock Net Income
| MCBS Stock | USD 34.34 0.07 0.20% |
MetroCity Bankshares fundamentals help investors to digest information that contributes to MetroCity Bankshares' financial success or failures. It also enables traders to predict the movement of MetroCity Stock. The fundamental analysis module provides a way to measure MetroCity Bankshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MetroCity Bankshares stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 51.6 M | 39 M | |
| Net Income From Continuing Ops | 50.4 M | 42 M | |
| Net Income Applicable To Common Shares | 72 M | 40.1 M | |
| Net Income Per Share | 2.05 | 1.15 | |
| Net Income Per E B T | 0.72 | 0.54 |
MetroCity | Net Income |
MetroCity Bankshares Company Net Income Analysis
MetroCity Bankshares' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current MetroCity Bankshares Net Income | 51.61 M |
Most of MetroCity Bankshares' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MetroCity Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MetroCity Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for MetroCity Bankshares is extremely important. It helps to project a fair market value of MetroCity Stock properly, considering its historical fundamentals such as Net Income. Since MetroCity Bankshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MetroCity Bankshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MetroCity Bankshares' interrelated accounts and indicators.
MetroCity Net Income Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MetroCity Bankshares net income as a starting point in their analysis.
MetroCity Bankshares Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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MetroCity Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, MetroCity Bankshares reported net income of 51.61 M. This is 95.96% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 90.96% higher than that of the company.
MetroCity Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MetroCity Bankshares' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MetroCity Bankshares could also be used in its relative valuation, which is a method of valuing MetroCity Bankshares by comparing valuation metrics of similar companies.MetroCity Bankshares is currently under evaluation in net income category among its peers.
MetroCity Bankshares Current Valuation Drivers
We derive many important indicators used in calculating different scores of MetroCity Bankshares from analyzing MetroCity Bankshares' financial statements. These drivers represent accounts that assess MetroCity Bankshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MetroCity Bankshares' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 429.6M | 369.4M | 704.0M | 549.6M | 605.4M | 431.3M | |
| Enterprise Value | 234.7M | 350.0M | 781.8M | 782.9M | 796.9M | 453.3M |
MetroCity Bankshares ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MetroCity Bankshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MetroCity Bankshares' managers, analysts, and investors.Environmental | Governance | Social |
MetroCity Bankshares Institutional Holders
Institutional Holdings refers to the ownership stake in MetroCity Bankshares that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MetroCity Bankshares' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MetroCity Bankshares' value.| Shares | Cape Investment Advisory, Inc. | 2024-06-30 | 76 K | Nuveen Asset Management, Llc | 2024-06-30 | 65.1 K | Advisor Group Holdings, Inc. | 2024-06-30 | 58.3 K | Empowered Funds, Llc | 2024-06-30 | 48 K | Goldman Sachs Group Inc | 2024-06-30 | 40.7 K | Swiss National Bank | 2024-09-30 | 37.4 K | Renaissance Technologies Corp | 2024-09-30 | 35.7 K | Amvescap Plc. | 2024-06-30 | 32.5 K | Empirical Financial Services, Llc | 2024-09-30 | 30.7 K | Blackrock Inc | 2024-06-30 | 1.4 M | Vanguard Group Inc | 2024-09-30 | 1 M |
MetroCity Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0168 | ||||
| Profit Margin | 0.44 % | ||||
| Operating Margin | 0.63 % | ||||
| Current Valuation | 942.67 M | ||||
| Shares Outstanding | 25.33 M | ||||
| Shares Owned By Insiders | 26.21 % | ||||
| Shares Owned By Institutions | 23.85 % | ||||
| Number Of Shares Shorted | 106.87 K | ||||
| Price To Earning | 8.01 X | ||||
| Price To Book | 2.14 X | ||||
| Price To Sales | 6.42 X | ||||
| Revenue | 115.64 M | ||||
| Gross Profit | 140.33 M | ||||
| EBITDA | 71.97 M | ||||
| Net Income | 51.61 M | ||||
| Cash And Equivalents | 211.25 M | ||||
| Cash Per Share | 8.35 X | ||||
| Total Debt | 333.65 M | ||||
| Debt To Equity | 7.87 % | ||||
| Book Value Per Share | 16.07 X | ||||
| Cash Flow From Operations | 78.8 M | ||||
| Short Ratio | 2.53 X | ||||
| Earnings Per Share | 2.33 X | ||||
| Target Price | 34.0 | ||||
| Number Of Employees | 220 | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 869.9 M | ||||
| Total Asset | 3.5 B | ||||
| Retained Earnings | 315.36 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 3.5 B | ||||
| Last Dividend Paid | 0.78 |
About MetroCity Bankshares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MetroCity Bankshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MetroCity Bankshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MetroCity Bankshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.