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NASDAQ:MCBS

MetroCity Bankshares Q3 2024 Earnings Report

MetroCity Bankshares logo
$29.30 -0.02 (-0.07%)
Closing price 07/18/2025 04:00 PM Eastern
Extended Trading
$29.36 +0.06 (+0.22%)
As of 07/18/2025 04:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

MetroCity Bankshares EPS Results

Actual EPS
$0.65
Consensus EPS
$0.64
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A

MetroCity Bankshares Revenue Results

Actual Revenue
$60.45 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

MetroCity Bankshares Announcement Details

Quarter
Q3 2024
Time
During Market Hours
Conference Call Date
Friday, October 18, 2024
Conference Call Time
9:30AM ET

MetroCity Bankshares Earnings Headlines

MetroCity Bankshares Raises Dividend to 25c/Shr
Presidential Bombshell: $150T Resource to Be Released as soon as this Summer?
Something extraordinary is happening in Washington. For the first time in over a century, a sitting President could release a national treasure that's been tied up in red tape, for generations. I'm talking about a $150 trillion American asset that's scattered across all 50 states. While the mainstream media focuses on political theater, this story is quietly developing behind closed doors.
MCBS MetroCity Bankshares, Inc. - Seeking Alpha
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About MetroCity Bankshares

MetroCity Bankshares (NASDAQ:MCBS) (NASDAQ: MCBS) is a bank holding company headquartered in Buena Park, California, with its primary subsidiary, MetroCity Bank, offering a full suite of commercial and consumer banking services. Since its founding in 1996, the company has focused on serving the diverse needs of businesses and individuals throughout Southern California, including Orange, Los Angeles, Riverside and San Bernardino counties, leveraging its deep community ties to foster long-term client relationships.

MetroCity Bank’s product offerings span traditional deposit and lending solutions for retail and commercial customers. Personal banking services include checking and savings accounts, money market accounts, certificates of deposit and residential mortgage financing. For businesses, the bank provides commercial real estate and construction loans, lines of credit, equipment financing, letters of credit and treasury management services. A dedicated SBA lending division also supports small and emerging businesses seeking government-guaranteed financing.

The bank has expanded its reach through both organic growth and targeted branch openings, catering to a multilingual customer base with tailored financial products and culturally attuned service. MetroCity Bankshares places strong emphasis on digital banking capabilities, offering online and mobile platforms to streamline account access, funds transfers and bill payment for both personal and business clients.

Leadership at MetroCity Bankshares comprises a seasoned executive team with decades of banking experience. Under the guidance of its President and Chief Executive Officer and supported by a board of directors with extensive backgrounds in finance, real estate and community development, the company remains committed to responsible growth, prudent risk management and reinvestment into the markets it serves.

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