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    MetroCity Bankshares (MCBS)

    Market Price (10/9/2026): $34.68 | Market Cap: $995.3 MilSector: Financials | Industry: Regional Banks

    MetroCity Bankshares (MCBS)

    Market Price (10/9/2026): $34.68
    Market Cap: $995.3 Mil
    Sector: Financials
    Industry: Regional Banks

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 8.2%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 45%

    Low stock price volatility
    Vol 12M is 24%

    Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.

    Weak multi-year price returns
    2Y Excs Rtn is -8.2%

    Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 13.13

    Key risks
    MCBS key risks include [1] slowing revenue growth and rising non-performing loans, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 8.2%
    1 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 45%
    2 Low stock price volatility
    Vol 12M is 24%
    3 Megatrend and thematic drivers
    Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Online Banking & Lending.
    4 Weak multi-year price returns
    2Y Excs Rtn is -8.2%
    5 Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 13.13
    6 Key risks
    MCBS key risks include [1] slowing revenue growth and rising non-performing loans, Show more.

    MCBS in ETFs

    Weight = MCBS's share of each fund

    VTI0.00%
    IWM0.03%
    AVUV0.08%
    IWO0.04%
    VTWO0.03%
    DFAS0.02%
    SCHA0.02%
    IWN0.00%
    +3 more covered ETFs

    Valuation & Metrics

    FYE: 12/31MCBS [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$180.1 Mil—
    FY 2026 Sales$202.5 Mil—
    FY 2027 Sales$206.8 Mil—
    FY 2026 Sales Growth12.4%—
    FY 2027 Sales Growth2.1%13.1%
    EARNINGS
    LTM Net Income (GAAP) [3]$79.9 Mil—
    FY 2026 Net Income (Non-GAAP)$84.5 Mil—
    FY 2027 Net Income (Non-GAAP)$85.0 Mil—
    FY 2027 Net Income Growth0.6%18.8%
    FY 2026 EPS (Non-GAAP)$3.25—
    FY 2027 EPS (Non-GAAP)$3.27—
    FY 2027 EPS Growth0.6%—
    VALUATION
    FY 2026 P/S4.91.7
    FY 2027 P/S4.8—
    FY 2026 P/E11.87.8
    FY 2027 P/E11.7—

    [1] MCBS forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 10/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    MCBSS&P 500
    REVENUE GROWTHVERY GOOD
    Rev LTM ($ Bil)0.2
    Rev Chg Q31.3%9.3%
    Rev Chg LTM24.5%8.3%
    Rev Chg 3Y Avg13.8%5.9%
    PROFITABILITYVERY GOOD
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)0.1
    Net Inc LTM ($ Bil)0.1
    CFO/Rev LTM45.6%21.9%
    Net Inc Mgn44.3%13.3%
    VALUATIONMODERATE
    P/S5.53.1
    P/CFO12.014.4
    P/FCF12.118.9
    P/E12.322.2

    AI Analysis | Feedback

    MetricValueDateSource
    Number of Full-Service Branch Locations2010172025Link
    Net Interest Margin3.68%9302025Link
    Efficiency Ratio38.7%9302025Link
    Allowance for credit losses as a percentage of total loans0.60%9302025Link
    Allowance for credit losses as a percentage of nonperforming loans137.66%9302025Link
    Nonperforming assets to total assets0.38%9302025Link
    Uninsured deposits as a percentage of total deposits25.1%6302025Link
    Number of Employees24012312024Link
    Loans secured by real property as a percentage of gross loans held for investment97.5%12312024Link

    Price Chart

    Upcoming
    10/16/2026Earnings ReleaseRev: $51 Mil (E)
    EPS: $0.84 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 10/1/2026

    MetroCity Bankshares (MCBS) stock has lost about 5% since 6/30/2026 because of the following key factors:

    1. MetroCity Bankshares reported a miss in its fiscal Q2 2026 earnings. The company announced net income of $22.1 million, or $0.76 per diluted share, for the second quarter of 2026, falling short of analyst expectations of $0.81 per share. Revenue also missed estimates, coming in at $49.8 million against an expected $52.4 million.

    2. Macroeconomic factors, specifically a hawkish Federal Reserve and rising interest rates, put pressure on the regional banking sector. The Federal Reserve, under its new Chair, raised its benchmark rate and signaled additional hikes, leading to concerns about increased deposit costs and potential compression of net interest margins across the regional bank sector. Surging Treasury yields further contributed to a risk-off sentiment for rate-sensitive financial institutions.

    Show more
    Updated on 10/1/2026

    MetroCity Bankshares (MCBS) stock has lost about 5% since 6/30/2026 because of the following key factors:

    1. MetroCity Bankshares reported a miss in its fiscal Q2 2026 earnings. The company announced net income of $22.1 million, or $0.76 per diluted share, for the second quarter of 2026, falling short of analyst expectations of $0.81 per share. Revenue also missed estimates, coming in at $49.8 million against an expected $52.4 million.

    2. Macroeconomic factors, specifically a hawkish Federal Reserve and rising interest rates, put pressure on the regional banking sector. The Federal Reserve, under its new Chair, raised its benchmark rate and signaled additional hikes, leading to concerns about increased deposit costs and potential compression of net interest margins across the regional bank sector. Surging Treasury yields further contributed to a risk-off sentiment for rate-sensitive financial institutions.

    3. The company experienced a decrease in its total assets during fiscal Q2 2026. MetroCity Bankshares' total assets at June 30, 2026, were $4.52 billion, marking a decrease of $168.4 million, or 3.6%, from $4.69 billion at the end of fiscal Q1 2026 (March 31, 2026).

    4. The resignation of the company's Vice Chairman created uncertainty among investors. Don T.P. Leung resigned as Vice Chairman of the Board and from several committees, effective September 17, 2026, following his notification on August 19, 2026. This leadership change, occurring shortly after the Q2 earnings miss, likely contributed to investor apprehension.

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    Stock Movement Drivers

    Fundamental Drivers

    The -2.6% change in MCBS stock from 6/30/2026 to 10/8/2026 was primarily driven by a -9.3% change in the company's P/E Multiple.
    (LTM values as of)630202610082026Change
    Stock Price ($)35.6034.68-2.6%
    Change Contribution By: 
    Total Revenues ($ Mil)1681807.1%
    Net Income Margin (%)44.3%44.3%0.0%
    P/E Multiple13.712.5-9.3%
    Shares Outstanding (Mil)29290.3%
    Cumulative Contribution-2.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2026 to 10/8/2026
    ReturnCorrelation
    MCBS-2.6% 
    Market (SPY)3.6%14.7%
    Sector (XLF)1.2%32.9%

    Fundamental Drivers

    The 23.0% change in MCBS stock from 3/31/2026 to 10/8/2026 was primarily driven by a 17.4% change in the company's Total Revenues ($ Mil).
    (LTM values as of)331202610082026Change
    Stock Price ($)28.1934.6823.0%
    Change Contribution By: 
    Total Revenues ($ Mil)15318017.4%
    Net Income Margin (%)44.7%44.3%-0.8%
    P/E Multiple10.912.514.1%
    Shares Outstanding (Mil)2729-7.5%
    Cumulative Contribution23.0%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 10/8/2026
    ReturnCorrelation
    MCBS23.0% 
    Market (SPY)19.3%16.4%
    Sector (XLF)10.2%38.0%

    Fundamental Drivers

    The 29.7% change in MCBS stock from 9/30/2025 to 10/8/2026 was primarily driven by a 24.5% change in the company's Total Revenues ($ Mil).
    (LTM values as of)930202510082026Change
    Stock Price ($)26.7434.6829.7%
    Change Contribution By: 
    Total Revenues ($ Mil)14518024.5%
    Net Income Margin (%)45.7%44.3%-2.9%
    P/E Multiple10.312.521.0%
    Shares Outstanding (Mil)2529-11.3%
    Cumulative Contribution29.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2025 to 10/8/2026
    ReturnCorrelation
    MCBS29.7% 
    Market (SPY)17.1%21.0%
    Sector (XLF)1.9%44.1%

    Fundamental Drivers

    The 94.4% change in MCBS stock from 9/30/2023 to 10/8/2026 was primarily driven by a 55.1% change in the company's P/E Multiple.
    (LTM values as of)930202310082026Change
    Stock Price ($)17.8434.6894.4%
    Change Contribution By: 
    Total Revenues ($ Mil)12418045.8%
    Net Income Margin (%)45.3%44.3%-2.1%
    P/E Multiple8.012.555.1%
    Shares Outstanding (Mil)2529-12.2%
    Cumulative Contribution94.4%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2023 to 10/8/2026
    ReturnCorrelation
    MCBS94.4% 
    Market (SPY)87.3%39.4%
    Sector (XLF)70.7%56.0%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    MCBS Return96%-19%15%37%-14%34%187%
    Peers Return65%-5%4%18%8%18%147%
    S&P 500 Return27%-19%24%23%16%14%108%

    Monthly Win Rates [3]
    MCBS Win Rate92%33%50%58%42%70% 
    Peers Win Rate77%45%48%53%57%58% 
    S&P 500 Win Rate75%42%67%75%67%50% 

    Max Drawdowns [4]
    MCBS Max Drawdown-14%-35%-33%-16%-21%-8% 
    Peers Max Drawdown-22%-25%-38%-19%-22%-15% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: HOPE, HAFC, PCB, ABCB, SSB.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 10/8/2026 (YTD)

    How Low Can It Go

    EventMCBSS&P 500
    2025 US Tariff Shock
      % Loss-18.8%-18.8%
      % Gain to Breakeven23.1%23.1%
      Time to Breakeven369 days79 days
    2023 SVB Regional Banking Crisis
      % Loss-29.6%-6.7%
      % Gain to Breakeven42.0%7.1%
      Time to Breakeven83 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-31.7%-24.5%
      % Gain to Breakeven46.4%32.4%
      Time to Breakeven703 days427 days
    2020 COVID-19 Crash
      % Loss-33.0%-33.7%
      % Gain to Breakeven49.3%50.9%
      Time to Breakeven60 days140 days

    Compare to HOPE, HAFC, PCB, ABCB, SSB

    In The Past

    MetroCity Bankshares's stock fell -18.8% during the 2025 US Tariff Shock. Such a loss loss requires a 23.1% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventMCBSS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-29.6%-6.7%
      % Gain to Breakeven42.0%7.1%
      Time to Breakeven83 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-31.7%-24.5%
      % Gain to Breakeven46.4%32.4%
      Time to Breakeven703 days427 days
    2020 COVID-19 Crash
      % Loss-33.0%-33.7%
      % Gain to Breakeven49.3%50.9%
      Time to Breakeven60 days140 days

    Compare to HOPE, HAFC, PCB, ABCB, SSB

    In The Past

    MetroCity Bankshares's stock fell -18.8% during the 2025 US Tariff Shock. Such a loss loss requires a 23.1% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About MetroCity Bankshares (MCBS)

    MetroCity Bankshares, Inc. (MCBS) is a bank holding company that operates Metro City Bank, providing a comprehensive range of traditional banking products and services across multiple states in the U.S. Established in 2006 and headquartered in Doraville, Georgia, the company serves as a community-focused financial institution.

    The bank's core offerings include various deposit products such as consumer and commercial checking accounts, savings accounts, and certificates of deposit, alongside money transfer services. On the lending side, MCBS specializes in construction and development loans, commercial real estate, commercial and industrial financing, single-family residential mortgages, Small Business Administration (SBA) loans, and other consumer loans. Beyond core banking, it also provides modern financial services like online banking, treasury management, wire transfers, automated clearing house (ACH), and cash management solutions.

    MetroCity Bankshares primarily targets small to medium-sized businesses, individuals, businesses, municipalities, and other entities. With a significant regional presence, the company operates 19 full-service branch locations spanning Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia, allowing it to serve diverse communities and economies within these states.

    AI Analysis | Feedback

    Here are 1-3 brief analogies for MetroCity Bankshares (MCBS):

    • Like a smaller, multi-state version of a regional bank such as Truist or PNC.
    • Similar to KeyBank or Huntington Bank, but operating with a more concentrated branch presence across several different states.

    AI Analysis | Feedback

    • Deposit Accounts: Provides various accounts for individuals and businesses to save and manage their funds, including checking accounts, savings accounts, and certificates of deposit.
    • Loan Products: Offers a diverse portfolio of financing options, such as real estate loans (construction, commercial, residential mortgages), commercial and industrial loans, Small Business Administration (SBA) loans, and other consumer loans.
    • Cash Management & Payment Services: Provides businesses with tools to efficiently manage cash flow and facilitate payments, including treasury management, automated clearing house (ACH), and wire transfers.
    • Online Banking: Delivers a digital platform for customers to conveniently access and manage their accounts and banking services remotely.

    AI Analysis | Feedback

    MetroCity Bankshares (MCBS) serves a diverse customer base, primarily categorized as:

    • Individuals: Offering consumer checking accounts, savings accounts, certificates of deposits, single family residential mortgages, and other consumer loans.
    • Small to Medium-sized Businesses: Providing commercial checking accounts, various commercial loans (construction and development, commercial real estate, commercial and industrial, Small Business Administration), treasury management, and cash management services.
    • Municipalities and Other Entities: Catering to the banking needs of local governments and other organizational bodies.

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    Nack Y. Paek Chief Executive Officer

    Nack Y. Paek is a founder of Metro City Bank and serves as the Chairman of the board of directors and Chief Executive Officer of MetroCity Bankshares, Inc., as well as the Executive Chairman of the Bank. Prior to establishing Metro City Bank in 2006, Mr. Paek was President of Government Loan Service Corporation from 1991 to 2006, a successful SBA service provider, which he dissolved to focus on the Bank. From 1980 to 1990, he was the sole owner of a local CPA firm, and from 1987 to 1994, he was a founding director and former Chairman of the Board of Summit Bank Corporation.

    Lucas Stewart Executive Vice President and Chief Financial Officer

    Lucas Stewart is an Executive Vice President and the Chief Financial Officer of both MetroCity Bankshares, Inc. and Metro City Bank. He joined the Bank in May 2019 and previously held the position of Chief Accounting Officer. Before joining Metro City Bank, Mr. Stewart served as Vice President and SEC and SOX Reporting Manager at Fidelity Bank in Atlanta, GA, from 2014 to 2019. He also worked as a Director for Mauldin & Jenkins, a regional public accounting firm specializing in financial institutions, from 2004 to 2014.

    Farid Tan President and Chief Executive Officer of the Bank

    Farid Tan serves as the President of MetroCity Bankshares, Inc. and Chief Executive Officer of Metro City Bank, bringing over 40 years of banking experience. He previously held the role of Chief Financial Officer for both the Company and the Bank from July 2019 to October 2021. His career began in 1981 when he joined the Executive Training Program for Bank Bumiputra Malaysia, a Malaysian government-owned bank, where he held several positions in Malaysia and New York, including Senior Account Officer, Senior Internal Audit Supervisor, and Senior Foreign Exchange Dealer.

    Howard Hwasaeng Kim Executive Vice President, Chief Lending Officer and Chief Operating Officer; President of the Bank

    Howard Hwasaeng Kim has been a director of the Bank and MetroCity Bankshares, Inc. since 2017. He currently holds the titles of Executive Vice President, Chief Lending Officer, Chief Operating Officer for both the Company and the Bank, and also serves as President of the Bank. With over thirty years of experience in banking, Mr. Kim is responsible for leading and supervising the Bank's lending department and its deposit branches.

    Abdul Mohdnor Executive Vice President and Chief Compliance Officer

    Abdul Mohdnor is an Executive Vice President and the Chief Compliance Officer of Metro City Bank. He has been with the Bank since its inception in 2006 and possesses more than 20 years of experience in the banking industry. Mr. Mohdnor is responsible for the implementation and supervision of the Bank's overall compliance program, which includes all Compliance Risk Management programs covering AML/BSA, OFAC Compliance, Fair Lending, Operations, Strategy, and Administration.

    AI Analysis | Feedback

    The key risks to MetroCity Bankshares (MCBS) primarily revolve around its core banking operations and recent strategic initiatives.

    1. Credit Risk: As a bank holding company, MetroCity Bankshares faces significant exposure to credit risk, which is the risk that borrowers will fail to repay their loans. This risk is particularly relevant due to the company's concentration in commercial and residential real estate lending. Concerns include slowing revenue growth and rising non-performing loans, which could negatively impact asset quality and overall profitability.
    2. Interest Rate Risk: MetroCity Bankshares is sensitive to changes in interest rates and broader monetary policy shifts. Fluctuations in interest rates can directly affect the company's investment returns, lending costs, and net interest margin, thereby impacting its profitability.
    3. Merger Integration Challenges: The company recently completed the acquisition of First IC Corporation in 2025. This strategic move introduces integration challenges related to harmonizing IT systems, combining operations, and retaining customers and employees. Unsuccessful integration could delay the realization of anticipated synergies and adversely affect the company's financial and operational performance.

    AI Analysis | Feedback

    The rise of digital-only banks (neobanks) and financial technology (fintech) companies that offer banking products and services with lower overheads and superior digital experiences, directly competing with traditional branch-based banking models.

    AI Analysis | Feedback

    For MetroCity Bankshares (MCBS), the addressable markets for its main products and services in the regions it operates are estimated as follows:

    Deposits (Consumer and Commercial Checking, Savings Accounts, Certificates of Deposits)

    • The total deposits across all commercial banks in the U.S. were approximately $19.75 trillion in December 2025. This represents the broad addressable market for deposit products in the United States.

    Loans

    Commercial Real Estate (CRE) and Construction and Development Loans

    • The total commercial real estate mortgage borrowing and lending in the U.S. was estimated at $498 billion in 2024.
    • The broader U.S. commercial real estate mortgage market for income-producing properties was approximately $4.5 trillion in March 2023, with an additional $470 billion in construction loans.
    • The addressable market for Real Estate Loans & Collateralized Debt in specific states where MetroCity Bankshares operates includes:
      • Alabama: $3.8 billion in 2026.
      • Virginia: $108.4 billion in 2026.
      • New Jersey: $9.1 billion in 2026.
      • Texas: $76.1 billion in 2026.
      • Georgia: The real estate development loan portfolio was approximately $1.52 billion (GEL 4.1 billion) as of March 2025.

    Commercial and Industrial Loans

    • The U.S. commercial banking market, which includes commercial and industrial lending, was estimated at $732.5 billion in 2025 and is projected to reach $915.45 billion by 2030.
    • In Georgia, the corporate loan portfolio was approximately $8.33 billion (GEL 22.5 billion) as of March 2025.

    Single Family Residential Mortgage Loans

    • The U.S. home loan market reached an estimated $2.42 trillion in 2026 and is forecasted to grow to $3.17 trillion by 2031.
    • Total single-family mortgage origination volume in the U.S. is expected to increase to $2.2 trillion in 2026 from an estimated $2.0 trillion in 2025.
    • In Virginia, new home loans booked totaled $35.2 billion in 2024.

    Small Business Administration (SBA) Loans

    • The U.S. small business loan market was valued at $245.39 billion in 2023 and is projected to reach $349.64 billion by 2033.
    • In Alabama, the SBA approved loans totaling $361.1 million in FY2024.

    Other Consumer Loans

    • The U.S. retail banking market, which includes various consumer lending products, generated $454.3 billion in revenue in 2024 and is expected to reach $678.3 billion by 2033.
    • In Texas, unsecured personal loan debt was estimated to be between $28 billion and $30 billion in early 2025.
    • In Georgia, consumer loans totaled approximately $8.77 billion (GEL 23.7 billion) as of March 2025.

    AI Analysis | Feedback

    Expected Drivers of Future Revenue Growth for MetroCity Bankshares (MCBS)

    MetroCity Bankshares (MCBS) is positioned for future revenue growth over the next 2-3 years, primarily driven by the following factors:

    • Strategic Acquisition and Integration of First IC Corporation: The acquisition of First IC Corporation, completed on December 1, 2025, is a significant driver of future revenue. This merger expanded MetroCity Bankshares' assets by approximately $1.13 billion, loans by $1.01 billion, and deposits by $952.9 million (or 35.4% from Q3 2025). It also materially increased the company's branch network to include California, enhancing its market presence and is projected to deliver approximately 26% EPS accretion in the first full year.

    • Organic Loan and Deposit Growth: Beyond the acquisition, MetroCity Bankshares continues to focus on generating organic growth in its core loan and deposit portfolios. The company's earnings reports have highlighted increases in average loan balances, contributing to net interest income. Continued expansion in commercial real estate, construction and development, commercial and industrial, and residential mortgage loans will fuel revenue.

    • Net Interest Margin (NIM) Management and Potential Expansion: Maintaining or improving its net interest margin (NIM) is crucial for increasing net interest income. MetroCity Bankshares has demonstrated efforts in managing its NIM, with fluctuations and periods of improvement noted across recent quarters. For instance, the net interest margin increased to 3.73% in Q4 2025. Effective management of interest-earning assets and interest-bearing liabilities will contribute to revenue growth.

    • Growth in Noninterest Income: The company anticipates revenue growth through increased noninterest income, particularly from gains on the sale of Small Business Administration (SBA) and residential mortgage loans, as well as growth in its servicing portfolios. This diversification of income streams reduces reliance on traditional interest income.

    • Expanded Geographic Reach and Customer Base: The First IC Corporation acquisition significantly broadened MetroCity Bankshares' geographic footprint and customer base, including entry into new markets and an expanded presence in existing high-growth areas. This expanded reach provides a larger addressable market for the company's banking products and services, fostering customer acquisition and overall revenue growth.

    AI Analysis | Feedback

    Share Repurchases

    • MetroCity Bankshares' board of directors approved the continuation of its share repurchase program, authorizing the repurchase of up to 925,250 shares of the company's common stock, effective from October 17, 2024, to September 30, 2025.
    • On September 1, 2023, the board adopted a new share repurchase program authorizing the company to repurchase up to 1,000,000 shares of its outstanding common stock between September 6, 2023, and September 30, 2024.
    • On September 17, 2025, the company announced the continuation of its share repurchase program, allowing for the repurchase of up to 923,976 shares of common stock from October 1, 2025, to September 30, 2026.

    Share Issuance

    • No significant share issuances were identified over the last 3-5 years based on the available information.

    Outbound Investments

    • MetroCity Bankshares completed its acquisition of First IC Corporation on December 1, 2025, for $202.3 million.
    • This strategic acquisition significantly boosted the company's financials, leading to a 31% increase in total assets, reaching $4.8 billion.
    • The acquisition also drove a 36.6% surge in total loans held for investment to $4.1 billion and a 35.4% rise in total deposits to $3.65 billion.

    Capital Expenditures

    • Metrocity Bankshares Inc invested $261K in capital expenditures in Q3 2025, funding long-term assets and infrastructure.

    Peer Outperformance in Regional Banks

    MCBS has outperformed 77% of its 259 Regional Banks peers over 5Y. Regional Banks ranks 8th of 18 industries in Financials by median 5Y return.
    Share of Regional Banks constituents that MCBS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
    1Y
    66%
    of 283 industry peers · 33.3% return
    3Y
    52%
    of 271 industry peers · 92.6% return
    5Y
    77%
    of 259 industry peers · 88.8% return
    No Regional Banks peer with a comparable growth profile has beaten MCBS by more than 20pp over 5Y.
    Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is MCBS's own industry. Use this to see which corners of the sector have carried the returns.
    Industry Names 1Y med3Y med5Y med Top 3 by 5Y
    Reinsurance 6 16.6%67.5%115.8% SPNT 166% · RGA 137% · RNR 133%
    Investment Banking & Brokerage 13 -7.3%97.0%93.3% IBKR 396% · SNEX 192% · HOOD 156%
    Diversified Banks 12 28.4%124.1%91.3% CM 133% · RY 121% · JPM 120%
    Life & Health Insurance 20 9.9%52.5%85.6% JXN 508% · UNM 280% · MFC 170%
    Multi-Sector Holdings 4 3.7%52.9%72.0% JONE 362% · BRK-B 80% · VOYA 64%
    Property & Casualty Insurance 42 6.9%71.8%59.5% ASIC 2692900% · HRTG 403% · UVE 322%
    Multi-line Insurance 9 6.4%70.4%52.0% GNW 137% · L 91% · AIZ 83%
    Regional Banks ← 260 25.9%88.4%48.7% GCBC 334% · ESQ 297% · NBN 247%
    Financial Exchanges & Data 15 0.5%18.5%29.5% VIRT 169% · CBOE 149% · CME 69%
    Consumer Finance 30 3.4%86.3%20.6% ENVA 406% · EZPW 278% · FCFS 160%
    Diversified Financial Services 4 -11.9%16.9%15.1% FRHC 160% · EQH 92% · TMS -62%
    Insurance Brokers 16 -22.9%-6.3%10.4% LIFE 307% · ARX 88% · CRD-A 63%
    Asset Management & Custody Banks 82 -10.9%16.8%9.8% WT 339% · SII 262% · VCTR 255%
    Commercial & Residential Mortgage Finance 13 -54.3%14.0%-4.1% FNMA 442% · FMCC 413% · ACT 180%
    Specialized Finance 3 5.8%34.1%-11.7% EFC 16% · CACC -12% · HASI -14%
    Mortgage REITs 33 -16.3%0.9%-29.0% NREF 47% · RITM 29% · DX 17%
    Transaction & Payment Processing Services 17 -5.3%-5.6%-41.1% V 69% · MA 66% · CPAY 53%
    Diversified Capital Markets 20 -49.9%15.6%-61.7% OPY 158% · LPLA 101% · GOLD 45%
    Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

    Latest Trefis Analyses

    Title
    0ARTICLES

    Recent Active Movers

    Top Gainers

    TickerCompanyMkt Cap (B)1W RtnYTD Rtn
    PCRXPacira BioSciences1.445.5%40.6%
    OPCHOption Care Health4.737.5%-2.5%
    RXORXO4.935.4%128.9%
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    AVBPArriVent BioPharma0.8-42.2%-16.9%
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    TWSTTwist Bioscience9.5-19.1%379.4%
    STXSeagate Technology174.3-18.1%182.3%

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    TickerCompanyMkt Cap (B)1M RtnYTD Rtn
    MYPSPLAYSTUDIOS0.5772.2%548.8%
    KODKodiak Sciences5.9179.0%237.1%
    PACBPacific Biosciences of California0.778.3%23.0%
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    DNAGinkgo Bioworks0.767.0%36.5%
    IOVAIovance Biotherapeutics6.057.9%387.5%
    BALYBallys0.857.5%-15.4%
    PEverpure50.155.1%124.8%
    PTCPTC22.250.3%11.2%
    SECZSecuritize1.950.2%2.9%

    Top Losers

    TickerCompanyMkt Cap (B)1M RtnYTD Rtn
    CTVACorteva9.2-83.8%-79.3%
    LQDALiquidia2.5-59.5%-18.8%
    XNDUXanadu Quantum Technologies1.2-54.5%-64.2%
    QUREuniQure1.5-51.0%-5.8%
    EMATEvolution Metals & Technologies1.1-46.9%-92.0%
    GLASGlass House Brands0.4-45.8%-50.2%
    NKTRNektar Therapeutics1.3-44.4%-3.5%
    AVBPArriVent BioPharma0.8-43.9%-16.9%
    XENEXenon Pharmaceuticals3.6-38.7%-19.3%
    SWRDStewards0.5-38.0%-50.2%

    More From Trefis

    Research & Analysis

    Invest in Strategies

    Wealth Management

    Peer Comparisons

    Peers to compare with:

    Financials

    MCBSHOPEHAFCPCBABCBSSBMedian
    NameMetroCit.Hope Ban.Hanmi Fi.PCB Banc.Ameris B.SouthSta. 
    Mkt Price34.4413.3731.0027.7578.83100.0432.72
    Mkt Cap1.01.70.90.45.39.71.3
    Rev LTM1805762861211,2292,656431
    Op Inc LTM-------
    FCF LTM8218821041522860199
    FCF 3Y Avg5919710136389467149
    CFO LTM8220321341549928208
    CFO 3Y Avg6020910439409520157

    Growth & Margins

    MCBSHOPEHAFCPCBABCBSSBMedian
    NameMetroCit.Hope Ban.Hanmi Fi.PCB Banc.Ameris B.SouthSta. 
    Rev Chg LTM24.5%29.6%16.1%11.8%9.1%25.2%20.3%
    Rev Chg 3Y Avg13.8%-0.4%2.4%5.5%5.2%15.9%5.3%
    Rev Chg Q31.3%56.4%10.7%4.8%8.8%1.2%9.8%
    QoQ Delta Rev Chg LTM7.1%10.2%2.5%1.2%2.1%0.3%2.3%
    Op Inc Chg LTM-------
    Op Inc Chg 3Y Avg-------
    Op Mgn LTM-------
    Op Mgn 3Y Avg-------
    QoQ Delta Op Mgn LTM-------
    CFO/Rev LTM45.6%35.2%74.5%34.3%44.6%34.9%39.9%
    CFO/Rev 3Y Avg40.4%40.6%38.7%36.3%35.4%24.2%37.5%
    FCF/Rev LTM45.3%32.7%73.4%33.9%42.5%32.4%38.2%
    FCF/Rev 3Y Avg39.4%38.3%37.6%34.0%33.7%21.7%35.8%

    Valuation

    MCBSHOPEHAFCPCBABCBSSBMedian
    NameMetroCit.Hope Ban.Hanmi Fi.PCB Banc.Ameris B.SouthSta. 
    Mkt Cap1.01.70.90.45.39.71.3
    P/S5.53.03.23.24.33.73.5
    P/Op Inc-------
    P/EBIT-------
    P/E12.413.110.29.414.010.211.3
    P/CFO12.08.44.39.59.610.59.5
    Total Yield10.9%11.8%13.3%13.7%8.1%12.2%12.0%
    Dividend Yield2.9%4.2%3.6%3.0%1.0%2.4%3.0%
    FCF Yield 3Y Avg7.3%13.8%13.0%12.5%7.8%6.0%10.2%
    D/E0.40.40.10.30.30.10.3
    Net D/E0.1-0.1-0.4-0.9-0.3-0.0-0.2

    Returns

    MCBSHOPEHAFCPCBABCBSSBMedian
    NameMetroCit.Hope Ban.Hanmi Fi.PCB Banc.Ameris B.SouthSta. 
    1M Rtn-2.7%-4.4%-2.2%-0.1%-7.0%-6.2%-3.5%
    3M Rtn-2.3%1.0%-2.1%-2.3%-12.0%1.4%-2.2%
    6M Rtn11.7%10.7%12.3%15.6%-5.2%1.9%11.2%
    12M Rtn32.4%26.9%32.0%40.9%7.3%3.0%29.5%
    3Y Rtn91.2%74.9%124.9%103.3%113.4%58.7%97.3%
    1M Excs Rtn-3.5%-4.9%-3.1%-1.6%-7.6%-6.7%-4.2%
    3M Excs Rtn-5.0%-2.0%-4.9%-5.4%-15.1%-1.5%-4.9%
    6M Excs Rtn-2.0%-3.0%-1.3%1.9%-18.9%-11.8%-2.5%
    12M Excs Rtn17.2%12.1%15.2%25.1%-8.3%-13.0%13.7%
    3Y Excs Rtn15.6%-1.8%47.0%25.2%37.8%-17.2%20.4%

    Comparison Analyses

    null

    Financials

    $ Mil | FY: 12/312026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
    Period End6/30/20263/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/2023
    Filing Date8/7/20265/8/20263/16/202611/7/20258/8/20255/8/20253/10/202511/8/20248/7/20245/7/20243/11/202411/7/2023
    Key Financials Quarterly            
    Total Revenue505142383836343736332927
    Net Income222218171716161717151111
    EPS0.770.780.690.680.660.640.640.660.670.580.450.45
    Key Financials TTM            
    Total Revenue TTM180168153146145143140135125118118115
    Net Income TTM807569676666656054515250
    Growth Rates Quarterly            
    Total Revenue Growth31.3%41.2%22.7%2.9%4.5%10.3%15.9%37.6%22.3%0.9%9.7%-23.2%
    Net Income Growth31.5%36.9%11.7%3.4%-0.7%11.4%43.1%46.1%29.2%-7.0%11.5%-32.4%
    Margins Quarterly            
    Net Income Margin44.4%43.9%43.7%45.5%44.4%45.3%48.0%45.3%46.7%44.8%38.9%42.6%
    Cash & Debt            
    Total Cash272392378227286288254297343272161297
    Total Debt389440525433433433383382383358334333
    Net Debt / (Cash)1174714820614714512985408617336
    Cash Flows Quarterly            
    FCF from Operations2546-516141219-111936-818
    Cash Flows TTM            
    FCF from Operations TTM827238623439643665938281
    Returns to Shareholders Quarterly            
    Dividends876766655555
    Share Repurchases-043-00-0-0-00-011
    Return on Invested Capital (ROIC) Quarterly            
    ROIC35.0%48.6%25.1%26.5%33.1%31.9%33.8%46.3%61.4%37.2%18.8%40.9%
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM31.5%40.6%23.7%25.5%32.5%32.4%33.6%41.3%49.2%32.1%21.4%45.1%

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Single Segment153140118135135
    Total153140118135135


    Price Behavior

    Price Behavior
    Market Price$34.68 
    Market Cap ($ Bil)1.0 
    First Trading Date07/05/2019 
    Distance from 52W High-5.7% 
       50 Days200 Days
    DMA Price$35.29$31.74
    DMA Trendupindeterminate
    Distance from DMA-1.7%9.3%
     3M1YR
    Volatility19.9%23.6%
    Downside Capture33.8231.57
    Upside Capture19.7859.36
    Correlation (SPY)12.8%21.5%
    MCBS Betas & Captures as of 9/30/2026

     1M2M3M6M1Y3Y
    Beta0.490.390.280.290.380.81
    Up Beta-1.420.450.280.130.440.81
    Down Beta1.330.55-0.02-0.330.190.74
    Up Capture51%22%22%60%43%68%
    Bmk +ve Days6162766132424
    Stock +ve Days10193268132386
    Down Capture83%61%51%39%39%93%
    Bmk -ve Days16263760120328
    Stock -ve Days12233258117357

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCBS
    MCBS33.8%23.5%1.17-
    Sector ETF (XLF)2.1%14.8%-0.0844.5%
    Equity (SPY)16.7%13.0%0.9121.3%
    Gold (GLD)3.4%29.6%0.11-9.4%
    Commodities (DBC)45.0%20.9%1.67-26.7%
    Real Estate (VNQ)2.8%13.7%-0.0538.1%
    Bitcoin (BTCUSD)-31.7%44.2%-0.733.5%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCBS
    MCBS14.2%32.0%0.45-
    Sector ETF (XLF)9.4%18.3%0.3858.5%
    Equity (SPY)14.0%17.1%0.6345.6%
    Gold (GLD)18.2%18.9%0.78-4.4%
    Commodities (DBC)10.3%19.6%0.40-0.0%
    Real Estate (VNQ)1.3%18.8%-0.0446.9%
    Bitcoin (BTCUSD)13.7%52.2%0.4318.6%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with MCBS
    MCBS12.7%38.6%0.55-
    Sector ETF (XLF)12.9%22.1%0.5361.4%
    Equity (SPY)15.4%17.9%0.7350.3%
    Gold (GLD)11.6%16.4%0.58-3.5%
    Commodities (DBC)8.3%18.1%0.3712.0%
    Real Estate (VNQ)4.2%20.7%0.1651.2%
    Bitcoin (BTCUSD)63.6%66.2%1.0319.1%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date9152026
    Short Interest: Shares Quantity0.8 Mil
    Short Interest: % Change Since 83120264.6%
    Average Daily Volume0.1 Mil
    Days-to-Cover Short Interest13.1 days
    Basic Shares Quantity28.7 Mil
    Short % of Basic Shares2.9%

    Returns Analyses

    Earnings Returns History

    Updated 8/26/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    7/24/2026-5.2%-2.5%-2.1%
    4/24/20263.7%3.9%5.6%
    1/30/20262.8%10.2%4.7%
    10/17/20252.2%1.9%1.3%
    7/18/2025-0.1%1.1%-2.9%
    4/18/20251.9%2.3%8.3%
    1/21/20252.1%-0.2%-1.0%
    10/18/2024-2.0%-7.0%5.4%
    ...
    SUMMARY STATS   
    # Positive151512
    # Negative9912
    Median Positive2.1%3.9%6.9%
    Median Negative-2.0%-4.7%-1.8%
    Max Positive4.7%11.2%25.2%
    Max Negative-5.2%-7.0%-10.2%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    7/24/2026-5.2%-2.5%-2.1%
    4/24/20263.7%3.9%5.6%
    1/30/20262.8%10.2%4.7%
    10/17/20252.2%1.9%1.3%
    7/18/2025-0.1%1.1%-2.9%
    4/18/20251.9%2.3%8.3%
    1/21/20252.1%-0.2%-1.0%
    10/18/2024-2.0%-7.0%5.4%
    7/19/20243.3%7.2%-2.3%
    4/19/20244.7%5.3%15.1%
    1/23/2024-3.6%3.1%-2.4%
    10/20/2023-0.8%2.4%10.5%
    7/21/20230.0%5.7%-0.8%
    4/21/20230.4%-0.1%-0.1%
    1/23/2023-3.0%-5.0%-1.4%
    10/21/20221.7%0.8%4.2%
    7/22/20221.0%0.8%3.9%
    4/22/2022-1.4%-5.8%-10.2%
    1/24/20220.6%-2.1%-7.4%
    10/22/20213.5%6.3%25.2%
    7/23/20211.3%11.2%16.5%
    4/23/20214.4%8.1%15.2%
    1/22/2021-1.2%-5.3%-1.2%
    10/23/2020-2.8%-4.7%-0.7%
    SUMMARY STATS   
    # Positive151512
    # Negative9912
    Median Positive2.1%3.9%6.9%
    Median Negative-2.0%-4.7%-1.8%
    Max Positive4.7%11.2%25.2%
    Max Negative-5.2%-7.0%-10.2%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    06/30/202608/07/202610-Q
    03/31/202605/08/202610-Q
    12/31/202503/16/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/08/202510-Q
    03/31/202505/08/202510-Q
    12/31/202403/10/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/07/202410-Q
    12/31/202303/11/202410-K
    09/30/202311/07/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/08/202310-Q
    12/31/202203/10/202310-K
    09/30/202211/04/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    06/30/202608/07/202610-Q
    03/31/202605/08/202610-Q
    12/31/202503/16/202610-K
    09/30/202511/07/202510-Q
    06/30/202508/08/202510-Q
    03/31/202505/08/202510-Q
    12/31/202403/10/202510-K
    09/30/202411/08/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/07/202410-Q
    12/31/202303/11/202410-K
    09/30/202311/07/202310-Q
    06/30/202308/04/202310-Q
    03/31/202305/08/202310-Q
    12/31/202203/10/202310-K
    09/30/202211/04/202210-Q
    06/30/202208/05/202210-Q
    03/31/202205/06/202210-Q
    12/31/202103/11/202210-K
    09/30/202111/05/202110-Q
    06/30/202108/09/202110-Q
    03/31/202105/10/202110-Q
    12/31/202003/15/202110-K
    09/30/202011/13/202010-Q
    06/30/202008/13/202010-Q
    03/31/202005/15/202010-Q
    12/31/201903/19/202010-K
    09/30/201911/08/201910-Q

    Industry Resources

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    Core Cache Last Updated: 10/8/2026