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MetroCity Bankshares, Inc. (MCBS)

NASDAQ Financial Services Banks - Regional
$36.05 ▲ +0.45%
Market Cap
$1.03B
Sector
Financial Services
Industry
Banks - Regional
Beta
0.69
52-Wk Range
24.528-37.46
CEO
Nack Young Paek
Country
US
Currency
USD

MetroCity Bankshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Doraville, GA, US. The stock last traded at $36.05, up 0.45% on the session, giving a market capitalisation of $1.03B. On trailing twelve-month figures it carries a trailing P/E of 12.35, a net margin of 30.5%. Its beta of 0.69 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
12.35
Price / Sales
3.94
Price / Book
1.82
EV / EBITDA
11.52
Gross margin
62.3%
Operating margin
36.5%
Net margin
30.5%
Return on equity
Debt / equity
0.71
Current ratio
21.28
Dividend yield
3.0%
Payout ratio
35.9%
Company profile
Exchange
NASDAQ Global Select
Employees
317
IPO date
2019-09-05
Headquarters
Doraville, GA, US
About MetroCity Bankshares, Inc.

MetroCity Bankshares, Inc. functions as the parent company for Metro City Bank, delivering a comprehensive suite of banking and financial solutions throughout the United States. Its services cater to a diverse client base, including individuals, small and medium-sized enterprises, larger businesses, and local government bodies. The bank facilitates a variety of deposit accounts, such as personal and business checking, savings, certificates of deposit, and money transfer capabilities. Furthermore, it extends credit through construction and development loans, commercial real estate financing, industrial and business loans, single-family home mortgages, Small Business Administration (SBA) loans, and other consumer credit products. Customers also benefit from modern conveniences like online banking, treasury management, wire transfers, automated clearing house (ACH) services, and broader cash management solutions. Founded in 2006 and headquartered in Doraville, Georgia, the company maintains a physical presence with 19 full-service branch locations spanning Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia.

Comparable companies

MetroCity Bankshares, Inc. is most often compared with the following Financial Services names:

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