S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NASDAQ:MCBS

MetroCity Bankshares Stock Forecast, Price & News

$29.20
+0.63 (+2.21%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$28.42
$29.70
50-Day Range
$20.91
$29.20
52-Week Range
$13.96
$29.82
Volume
38,303 shs
Average Volume
31,186 shs
Market Capitalization
$743.58 million
P/E Ratio
13.97
Dividend Yield
1.96%
Beta
0.5
30 days | 90 days | 365 days | Advanced Chart
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MetroCity Bankshares logo

About MetroCity Bankshares

MetroCity Bankshares, Inc. is a bank holding company, which engages in the provision of commercial bank services. The firm offers customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, single family residential loans, and money transfers services. Its portfolio includes construction and development, commercial real estate, commercial and industrial, single family residential mortgages, and consumer and other. The company was founded in 2014 and is headquartered in Doraville, GA.

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MCBS
Fax
N/A
Employees
211
Year Founded
N/A

Sales & Book Value

Annual Sales
$104.72 million
Cash Flow
$1.57 per share
Book Value
$10.84 per share

Profitability

Net Income
$36.39 million
Pretax Margin
54.62%

Debt

Price-To-Earnings

Miscellaneous

Free Float
18,661,000
Market Cap
$743.58 million
Optionable
Not Optionable

Company Calendar

Last Earnings
10/21/2021
Ex-Dividend
11/02/2021
Dividend Payable
11/12/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/28/2022

MarketRank

Overall MarketRank

2.03 out of 5 stars

Finance Sector

668th out of 1,342 stocks

State Commercial Banks Industry

149th out of 233 stocks

Analyst Opinion: 0.0Community Rank: 3.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












MetroCity Bankshares (NASDAQ:MCBS) Frequently Asked Questions

How has MetroCity Bankshares' stock price been impacted by Coronavirus (COVID-19)?

MetroCity Bankshares' stock was trading at $11.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MCBS shares have increased by 148.1% and is now trading at $29.20.
View which stocks have been most impacted by COVID-19
.

When is MetroCity Bankshares' next earnings date?

MetroCity Bankshares is scheduled to release its next quarterly earnings announcement on Friday, January 28th 2022.
View our earnings forecast for MetroCity Bankshares
.

How were MetroCity Bankshares' earnings last quarter?

MetroCity Bankshares, Inc. (NASDAQ:MCBS) released its earnings results on Thursday, October, 21st. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.05. The company earned $37.72 million during the quarter, compared to analysts' expectations of $34.30 million. MetroCity Bankshares had a trailing twelve-month return on equity of 20.65% and a net margin of 41.26%.
View MetroCity Bankshares' earnings history
.

How often does MetroCity Bankshares pay dividends? What is the dividend yield for MetroCity Bankshares?

MetroCity Bankshares announced a quarterly dividend on Wednesday, October 20th. Investors of record on Wednesday, November 3rd will be paid a dividend of $0.14 per share on Friday, November 12th. This represents a $0.56 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, November 2nd. This is an increase from MetroCity Bankshares's previous quarterly dividend of $0.12.
View MetroCity Bankshares' dividend history
.

Is MetroCity Bankshares a good dividend stock?

MetroCity Bankshares pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.96%. The dividend payout ratio of MetroCity Bankshares is 26.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MetroCity Bankshares will have a dividend payout ratio of 19.31% next year. This indicates that MetroCity Bankshares will be able to sustain or increase its dividend.
View MetroCity Bankshares' dividend history.

Who are MetroCity Bankshares' key executives?

MetroCity Bankshares' management team includes the following people:
  • Nack Y. Paek, Chairman & Chief Executive Officer
  • Farid Tan, President
  • Howard Hwasaeng Kim, COO, Director, Chief Lending Officer & EVP
  • Lucas Stewart, Chief Financial Officer & Executive Vice President

What other stocks do shareholders of MetroCity Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MetroCity Bankshares investors own include Pfizer (PFE), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival Co. & (CCL), Canadian Imperial Bank of Commerce (CM) and Cinemark (CNK).

When did MetroCity Bankshares IPO?

(MCBS) raised $28 million in an initial public offering on Thursday, October 3rd 2019. The company issued 1,900,000 shares at $14.50-$15.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Raymond James served as the underwriters for the IPO and Hovde Group was co-manager.

What is MetroCity Bankshares' stock symbol?

MetroCity Bankshares trades on the NASDAQ under the ticker symbol "MCBS."

Who are MetroCity Bankshares' major shareholders?

MetroCity Bankshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.16%), The Manufacturers Life Insurance Company (1.35%), Geode Capital Management LLC (1.12%), Bank of New York Mellon Corp (0.55%), EAM Investors LLC (0.28%) and Dimensional Fund Advisors LP (0.17%). Company insiders that own MetroCity Bankshares stock include Don Leung, Farid Tan, Nack Y Paek and Sam Sang-Koo Shim.
View institutional ownership trends for MetroCity Bankshares
.

Which institutional investors are selling MetroCity Bankshares stock?

MCBS stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., and California State Teachers Retirement System. Company insiders that have sold MetroCity Bankshares company stock in the last year include Don Leung, and Farid Tan.
View insider buying and selling activity for MetroCity Bankshares
or view top insider-selling stocks.

Which institutional investors are buying MetroCity Bankshares stock?

MCBS stock was bought by a variety of institutional investors in the last quarter, including EAM Investors LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Arrowstreet Capital Limited Partnership, SG Americas Securities LLC, The Manufacturers Life Insurance Company , Two Sigma Advisers LP, and Barclays PLC.
View insider buying and selling activity for MetroCity Bankshares
or or view top insider-buying stocks.

How do I buy shares of MetroCity Bankshares?

Shares of MCBS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MetroCity Bankshares' stock price today?

One share of MCBS stock can currently be purchased for approximately $29.20.

How much money does MetroCity Bankshares make?

MetroCity Bankshares has a market capitalization of $743.58 million and generates $104.72 million in revenue each year. The company earns $36.39 million in net income (profit) each year or $2.09 on an earnings per share basis.

How many employees does MetroCity Bankshares have?

MetroCity Bankshares employs 211 workers across the globe.

What is MetroCity Bankshares' official website?

The official website for MetroCity Bankshares is www.metrocitybank.bank.

Where are MetroCity Bankshares' headquarters?

MetroCity Bankshares is headquartered at 5114 BUFORD HIGHWAY, DORAVILLE GA, 30340.

How can I contact MetroCity Bankshares?

MetroCity Bankshares' mailing address is 5114 BUFORD HIGHWAY, DORAVILLE GA, 30340. The company can be reached via phone at (770) 455-4989.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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