MetroCity Bankshares (MCBS) Stock Price, News & Analysis

Company Overview

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States. It offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit. The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; letters of credit; and commercial and industrial loans, residential mortgage loans, and SBA loans. In addition, it offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and telephone banking services. Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including wire transfer, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company was founded in 2006 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $27.00 to $27.77
• 50-Day Range: $27.12 to $32.42
• 52-Week Range: $21.89 to $36.15
• Volume: 76,337 shs
• Average Volume: 37,815 shs
• Market Capitalization: $700.36 million
• P/E Ratio: 10.98
• Dividend Yield: 3.34%
• Price Target: $36.00
• Consensus Rating: Hold

MetroCity Bankshares Stock Analysis - MarketRank™

MetroCity Bankshares scored higher than 81% of companies evaluated by MarketBeat, and ranked 277th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

MetroCity Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

MetroCity Bankshares has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MetroCity Bankshares is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of MetroCity Bankshares is 11.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.69.

Price to Book Value per Share Ratio

MetroCity Bankshares has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.60% of the float of MetroCity Bankshares has been sold short.

Short Interest Ratio / Days to Cover

MetroCity Bankshares has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MetroCity Bankshares has recently increased by 10.92%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MetroCity Bankshares pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MetroCity Bankshares does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MetroCity Bankshares is 36.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -0.95

Percentage of Shares Shorted

0.60% of the float of MetroCity Bankshares has been sold short.

Short Interest Ratio / Days to Cover

MetroCity Bankshares has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MetroCity Bankshares has recently increased by 10.92%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.47

News Sentiment

MetroCity Bankshares has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.02 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for MetroCity Bankshares this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MetroCity Bankshares insiders have not sold or bought any company stock.

Percentage Held by Insiders

27.49% of the stock of MetroCity Bankshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 25.33% of the stock of MetroCity Bankshares is held by institutions.

MCBS Stock Analysis - Frequently Asked Questions

How have MCBS shares performed this year?

MetroCity Bankshares' stock was trading at $31.95 on January 1st, 2025. Since then, MCBS shares have decreased by 13.5% and is now trading at $27.6410.
View the best growth stocks for 2025 here.

How were MetroCity Bankshares' earnings last quarter?

MetroCity Bankshares, Inc. (NASDAQ:MCBS) issued its earnings results on Tuesday, January, 21st. The company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.02. MetroCity Bankshares had a net margin of 27.33% and a trailing twelve-month return on equity of 15.98%.

When did MetroCity Bankshares IPO?

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

Who are MetroCity Bankshares' major shareholders?

MetroCity Bankshares' top institutional shareholders include Vanguard Group Inc. (3.85%), Geode Capital Management LLC (1.64%), Dimensional Fund Advisors LP (1.59%) and American Century Companies Inc. (1.22%). Insiders that own company stock include Nack Y Paek, Farid Tan, Don Leung, Ajit A Patel, Sam Sang-Koo Shim and William J Hungeling.
View institutional ownership trends.

How do I buy shares of MetroCity Bankshares?

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

What other stocks do shareholders of MetroCity Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MetroCity Bankshares investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

• Last Earnings: 1/21/2025
• Record date for 2/7 Dividend: 1/29/2025
• Ex-Dividend for 2/7 Dividend: 1/29/2025
• Dividend Payable: 2/07/2025
• Today: 3/31/2025
• Next Earnings (Estimated): 4/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MCBS
• CIK: 1747068
• Web: www.metrocitybank.bank
• Phone: (770) 455-4989
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $36.00
• High Stock Price Target: $36.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +30.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.51
• Trailing P/E Ratio: 11.02
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $64.50 million
• Net Margins: 27.33%
• Pretax Margin: 35.38%
• Return on Equity: 15.98%
• Return on Assets: 1.79%

Debt

• Debt-to-Equity Ratio: 0.92
• Current Ratio: 1.24
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $139.66 million
• Price / Sales: 5.03
• Cash Flow: $1.95 per share
• Price / Cash Flow: 14.21
• Book Value: $15.14 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 25,403,000
• Free Float: 18,368,000
• Market Cap: $702.16 million
• Optionable: Optionable
• Beta: 0.58