MetroCity Bankshares GAAP EPS of $0.63 beats by $0.02, revenue of $36.01M beats by $0.91M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 18 2025
0mins
Should l Buy MCBS?
Source: SeekingAlpha
Earnings Report: MetroCity Bankshares reported a Q1 GAAP EPS of $0.63, exceeding expectations by $0.02, with revenue of $36.01 million, reflecting a 10.3% year-over-year increase and beating estimates by $0.91 million.
Valuation Concerns: Despite the positive earnings report, there are concerns regarding the bank's valuation and future earnings outlook as highlighted by Seeking Alpha’s Quant Rating.
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Analyst Views on MCBS
Wall Street analysts forecast MCBS stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 28.880
Low
31.00
Averages
31.00
High
31.00
Current: 28.880
Low
31.00
Averages
31.00
High
31.00
About MCBS
MetroCity Bankshares, Inc. is a bank holding company. It operates through its banking subsidiary, Metro City Bank (the Bank), which is a Georgia state-chartered commercial bank. It offers a suite of loan and deposit products. The Bank operates over 30 full-service branches and two loan production offices across Alabama, California, Florida, Georgia, New Jersey, New York, Texas, and Virginia. It offers customary banking services, such as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, including single-family residential loans, money transfers and a variety of other banking services. It offers traditional depository products, including checking, savings, money market and certificates of deposits. It also offers a full suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and mobile banking solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
MetroCity Bank Reports Q4 2025 Net Income Growth
- Net Income Growth: MetroCity Bank reported a net income of $18.3 million for Q4 2025, reflecting a 6.0% increase from Q3 2025, primarily driven by higher net interest and noninterest income, indicating robust performance in the market.
- Successful Acquisition Integration: The completion of the acquisition of First IC Corporation on December 1, 2025, enhances MetroCity's competitive position and financial flexibility, expected to provide better services to customers.
- Interest Income Increase: Interest income for Q4 2025 reached $60.3 million, an 11.6% increase from Q3 2025, mainly due to rising loan and investment balances, showcasing the effectiveness of the company's expansion strategy in the lending market.
- Significant Noninterest Income Growth: Noninterest income for Q4 was $7.8 million, a 26.5% increase from Q3, primarily driven by higher residential mortgage loan sales, demonstrating success in diversifying revenue sources.
See More
MetroCity Bank Reports 6% Increase in Q4 2025 Net Income
- Net Income Growth: MetroCity Bank reported a net income of $18.3 million for Q4 2025, reflecting a 6% increase from Q3 2025, primarily driven by a $4.1 million rise in net interest income and a $1.6 million increase in noninterest income, showcasing the company's success in diversifying its revenue streams.
- Significant Increase in Loans and Deposits: As of Q4 2025, total loans held for investment surged to $4.1 billion, a 36.6% increase quarter-over-quarter, while total deposits reached $3.65 billion, up 35.4%, indicating a stronger customer trust and inflow of funds amidst competitive market conditions.
- Rising Efficiency Ratio: The efficiency ratio for Q4 2025 stood at 46.7%, significantly up from 38.7% in Q3 2025, reflecting challenges in cost control that may impact future profitability and operational effectiveness.
- Successful Acquisition Integration: MetroCity completed its acquisition of First IC on December 1, 2025, enhancing its competitive position and expected to achieve greater financial flexibility and long-term growth potential through resource and customer base integration.
See More
MetroCity Bankshares (MCBS) Declares $0.25 Quarterly Dividend with 3.51% Yield
- Quarterly Dividend Announcement: MetroCity Bankshares has declared a quarterly dividend of $0.25 per share, maintaining consistency with previous distributions, which reflects the company's stable cash flow and profitability.
- Yield Performance: The forward yield of 3.51% provides investors with a relatively attractive return, enhancing the company's appeal in the competitive banking sector.
- Shareholder Rights Assurance: The dividend will be payable on February 13, with a record date of February 4 and an ex-dividend date also on February 4, ensuring shareholders receive timely returns and boosting investor confidence.
- Financial Health Indicator: The dividend payment underscores MetroCity Bankshares' robust financial condition, supporting its strategy for continued shareholder returns in the future and further solidifying its market position.
See More
MetroCity Bankshares Declares $0.25 Quarterly Cash Dividend
- Quarterly Cash Dividend: MetroCity Bankshares has declared a cash dividend of $0.25 per share, payable on February 13, 2026, reflecting the company's stable financial condition and commitment to shareholder returns.
- Record Date for Shareholders: The record date for this dividend is set for February 4, 2026, ensuring that investors holding shares before this date will receive the dividend, thereby enhancing investor confidence in holding the stock.
- Business Background: MetroCity Bankshares is a bank holding company based in Georgia, with its wholly-owned subsidiary, Metro City Bank, operating 30 full-service branches across various states, showcasing its market penetration in diverse communities.
- Market Coverage: Metro City Bank operates in multi-ethnic communities across Alabama, California, Florida, and other states, indicating the company's commitment to serving a diverse customer base and further solidifying its market position.
See More
MetroCity Acquires First IC, Reaches $4.8 Billion in Assets
- Acquisition Completed: MetroCity Bankshares successfully completed its acquisition of First IC Corporation on December 1, 2025, resulting in total assets of approximately $4.8 billion, significantly enhancing the company's competitive position in the banking sector.
- Loan and Deposit Growth: Following the acquisition, MetroCity's total loans reached $4.0 billion and total deposits amounted to $3.6 billion, further increasing its financial flexibility to support future business expansion initiatives.
- Branch Network Expansion: MetroCity now operates 30 full-service branches and two loan production offices across eight states, including Alabama and California, which enhances its service capabilities in multiple markets and strengthens its regional presence.
- Strategic Partnership Benefits: Chairman and CEO Nack Paek emphasized that this merger will create better banking services, positively impacting the economic development of the communities served, reflecting the company's commitment to its customers.
See More
MetroCity Bankshares, Inc. and First IC Corporation Reveal Anticipated Closing Date
Merger Announcement: MetroCity Bankshares, Inc. and First IC Corporation have received all necessary regulatory approvals to complete their merger, expected to finalize on December 1, 2025.
Advisors Involved: Hillworth Bank Partners and Stephens Inc. served as financial advisors for MetroCity and First IC, respectively, providing fairness opinions to their boards of directors.
Company Profiles: MetroCity Bank operates 20 banking offices across seven states with $3.6 billion in assets, while First IC Bank has ten locations and $1.2 billion in assets.
Forward-Looking Statements: The announcement includes caution regarding forward-looking statements, highlighting potential risks and uncertainties that could affect the merger's success and future performance.
See More
MetroCity Bank Reports Q4 2025 Net Income Growth
- Net Income Growth: MetroCity Bank reported a net income of $18.3 million for Q4 2025, reflecting a 6.0% increase from Q3 2025, primarily driven by higher net interest and noninterest income, indicating robust performance in the market.
- Successful Acquisition Integration: The completion of the acquisition of First IC Corporation on December 1, 2025, enhances MetroCity's competitive position and financial flexibility, expected to provide better services to customers.
- Interest Income Increase: Interest income for Q4 2025 reached $60.3 million, an 11.6% increase from Q3 2025, mainly due to rising loan and investment balances, showcasing the effectiveness of the company's expansion strategy in the lending market.
- Significant Noninterest Income Growth: Noninterest income for Q4 was $7.8 million, a 26.5% increase from Q3, primarily driven by higher residential mortgage loan sales, demonstrating success in diversifying revenue sources.
See More
MetroCity Bank Reports 6% Increase in Q4 2025 Net Income
- Net Income Growth: MetroCity Bank reported a net income of $18.3 million for Q4 2025, reflecting a 6% increase from Q3 2025, primarily driven by a $4.1 million rise in net interest income and a $1.6 million increase in noninterest income, showcasing the company's success in diversifying its revenue streams.
- Significant Increase in Loans and Deposits: As of Q4 2025, total loans held for investment surged to $4.1 billion, a 36.6% increase quarter-over-quarter, while total deposits reached $3.65 billion, up 35.4%, indicating a stronger customer trust and inflow of funds amidst competitive market conditions.
- Rising Efficiency Ratio: The efficiency ratio for Q4 2025 stood at 46.7%, significantly up from 38.7% in Q3 2025, reflecting challenges in cost control that may impact future profitability and operational effectiveness.
- Successful Acquisition Integration: MetroCity completed its acquisition of First IC on December 1, 2025, enhancing its competitive position and expected to achieve greater financial flexibility and long-term growth potential through resource and customer base integration.
See More
MetroCity Bankshares (MCBS) Declares $0.25 Quarterly Dividend with 3.51% Yield
- Quarterly Dividend Announcement: MetroCity Bankshares has declared a quarterly dividend of $0.25 per share, maintaining consistency with previous distributions, which reflects the company's stable cash flow and profitability.
- Yield Performance: The forward yield of 3.51% provides investors with a relatively attractive return, enhancing the company's appeal in the competitive banking sector.
- Shareholder Rights Assurance: The dividend will be payable on February 13, with a record date of February 4 and an ex-dividend date also on February 4, ensuring shareholders receive timely returns and boosting investor confidence.
- Financial Health Indicator: The dividend payment underscores MetroCity Bankshares' robust financial condition, supporting its strategy for continued shareholder returns in the future and further solidifying its market position.
See More
MetroCity Bankshares Declares $0.25 Quarterly Cash Dividend
- Quarterly Cash Dividend: MetroCity Bankshares has declared a cash dividend of $0.25 per share, payable on February 13, 2026, reflecting the company's stable financial condition and commitment to shareholder returns.
- Record Date for Shareholders: The record date for this dividend is set for February 4, 2026, ensuring that investors holding shares before this date will receive the dividend, thereby enhancing investor confidence in holding the stock.
- Business Background: MetroCity Bankshares is a bank holding company based in Georgia, with its wholly-owned subsidiary, Metro City Bank, operating 30 full-service branches across various states, showcasing its market penetration in diverse communities.
- Market Coverage: Metro City Bank operates in multi-ethnic communities across Alabama, California, Florida, and other states, indicating the company's commitment to serving a diverse customer base and further solidifying its market position.
See More
MetroCity Acquires First IC, Reaches $4.8 Billion in Assets
- Acquisition Completed: MetroCity Bankshares successfully completed its acquisition of First IC Corporation on December 1, 2025, resulting in total assets of approximately $4.8 billion, significantly enhancing the company's competitive position in the banking sector.
- Loan and Deposit Growth: Following the acquisition, MetroCity's total loans reached $4.0 billion and total deposits amounted to $3.6 billion, further increasing its financial flexibility to support future business expansion initiatives.
- Branch Network Expansion: MetroCity now operates 30 full-service branches and two loan production offices across eight states, including Alabama and California, which enhances its service capabilities in multiple markets and strengthens its regional presence.
- Strategic Partnership Benefits: Chairman and CEO Nack Paek emphasized that this merger will create better banking services, positively impacting the economic development of the communities served, reflecting the company's commitment to its customers.
See More
MetroCity Bankshares, Inc. and First IC Corporation Reveal Anticipated Closing Date
Merger Announcement: MetroCity Bankshares, Inc. and First IC Corporation have received all necessary regulatory approvals to complete their merger, expected to finalize on December 1, 2025.
Advisors Involved: Hillworth Bank Partners and Stephens Inc. served as financial advisors for MetroCity and First IC, respectively, providing fairness opinions to their boards of directors.
Company Profiles: MetroCity Bank operates 20 banking offices across seven states with $3.6 billion in assets, while First IC Bank has ten locations and $1.2 billion in assets.
Forward-Looking Statements: The announcement includes caution regarding forward-looking statements, highlighting potential risks and uncertainties that could affect the merger's success and future performance.
See More
