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MCBS

MetroCity Bankshares, Inc.

MCBS

MetroCity Bankshares, Inc. • NASDAQ
$26.65 ▼ -0.04% (-0.01)
Market Cap $679.07 M
52w High $35.45
52w Low $24.24
Dividend Yield 1.00%
P/E 10.29
Volume 30.30K
Outstanding Shares 25.48M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $60.181M ▲ $14.674M ▲ $17.27M ▲ 28.697% ▲ $0.68 ▲ $24.809M ▲
Q2-2025 $59.782M ▲ $14.113M ▲ $16.826M ▲ 28.146% ▲ $0.66 ▲ $24.519M ▲
Q1-2025 $57.975M ▲ $13.934M ▲ $16.297M ▲ 28.11% ▼ $0.64 $22.908M ▲
Q4-2024 $56.388M ▼ $12.779M ▼ $16.235M ▼ 28.792% ▲ $0.64 ▼ $21.613M ▼
Q3-2024 $60.448M $13.66M $16.701M 27.629% $0.66 $23.388M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $216.406M ▼ $3.629B ▲ $3.184B ▲ $445.888M ▲
Q2-2025 $276.126M ▼ $3.616B ▼ $3.18B ▼ $436.1M ▲
Q1-2025 $287.743M ▲ $3.66B ▲ $3.232B ▲ $427.969M ▲
Q4-2024 $253.729M ▼ $3.594B ▲ $3.173B ▲ $421.353M ▲
Q3-2024 $296.958M $3.569B $3.162B $407.185M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $17.27M ▲ $16.479M ▲ $-72.049M ▼ $-3.283M ▲ $-58.853M ▼ $16.218M ▲
Q2-2025 $16.826M ▲ $14.451M ▲ $39.915M ▲ $-53.41M ▼ $956K ▼ $14.333M ▲
Q1-2025 $16.297M ▲ $11.911M ▼ $-20.004M ▲ $43.273M ▲ $35.18M ▲ $11.841M ▼
Q4-2024 $16.235M ▼ $19.271M ▲ $-69.362M ▼ $8.752M ▲ $-41.339M ▼ $18.862M ▲
Q3-2024 $16.701M $-11.49M $2.728M $-27.883M $-36.645M $-11.77M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Other service charges commissions and fees
Other service charges commissions and fees
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past five years, MetroCity Bankshares has shown steady growth in revenue and has kept profitability at healthy levels. Earnings have been consistently positive, with only a modest dip in 2023 before bouncing back in 2024. This pattern suggests the bank managed through a tougher interest-rate and funding-cost environment and then regained momentum. Margins remain solid for a regional bank, indicating reasonably good control over expenses and credit costs, though results are not completely smooth year to year.

Balance Sheet

Balance Sheet The balance sheet has expanded meaningfully, with total assets rising over the period and shareholders’ equity growing along with them. This points to a bank that is scaling while still building its capital base. Borrowings and other funding have also increased, which is typical as a bank grows, but it does mean that asset quality, funding mix, and risk management remain important watchpoints. Cash levels have moved around from year to year, which is normal for a bank, but there is no obvious sign of liquidity stress in this snapshot.

Cash Flow

Cash Flow Operating cash flow has been positive in each of the last five years, a good sign that the core banking franchise is generating cash rather than consuming it. Cash generation was strongest a few years ago and has eased somewhat more recently, which could reflect changes in loan growth, deposit flows, or the rate environment. With essentially no reported capital spending, free cash flow tracks operating cash closely, implying the bank is not heavily burdened by physical investment needs, though it may still need to invest in technology and systems through other types of spending.

Competitive Edge

Competitive Edge MetroCity’s main edge is its tight focus on the Korean-American community and other minority-owned small and midsize businesses. Deep cultural ties, bilingual services, and long-standing relationships give it a level of trust and customer loyalty that large national banks often struggle to match. Its specialization in SBA lending is another strength, as this is a complex area where expertise matters. The bank’s multi-state footprint in markets with sizable Korean-American populations, and the planned expansion via the First IC merger, further reinforce this niche. The flip side is that the franchise is concentrated in a specific demographic and business segment, which can be both a strength and a source of risk if those communities or industries face pressure.

Innovation and R&D

Innovation and R&D MetroCity is not a cutting-edge fintech player, but it has built a solid base of digital services, including online and mobile banking and treasury tools for business clients. The real step-change in innovation potential comes from the merger with First IC, which is expected to give the combined bank more scale to fund better technology—richer mobile features, stronger business cash-management tools, and more use of data analytics. The key question is execution: whether the bank can successfully integrate systems and cultures, deliver noticeable digital improvements for customers, and keep pace with rising expectations set by larger and more tech-savvy competitors.

Summary

Overall, MetroCity Bankshares looks like a steadily growing, profitable niche regional bank that has built a defensible position in a specific community and in SBA-focused lending. Its financials show resilience through a changing rate environment, with solid margins and growing capital, even if earnings have had some year-to-year bumps. The balance sheet has scaled up alongside its franchise, and cash generation has remained positive. Looking ahead, the most important themes are how well the bank manages credit and funding in a higher-for-longer rate world, and how effectively it uses the added scale from the First IC merger to upgrade technology and deepen its already strong community relationships.

NEWS

November 14, 2025 · 8:30 AM UTC

MetroCity Bankshares, Inc. and First IC Corporation Announce Expected Closing Date

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October 17, 2025 · 10:30 AM UTC

METROCITY BANKSHARES, INC. REPORTS EARNINGS FOR THIRD QUARTER 2025

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October 15, 2025 · 3:10 PM UTC

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

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