NASDAQ:MCBS MetroCity Bankshares (MCBS) Stock Price, News & Analysis $29.40 -0.49 (-1.64%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$29.23▼$30.3150-Day Range$25.48▼$32.1052-Week Range$18.81▼$32.50Volume23,481 shsAverage Volume31,902 shsMarket Capitalization$741.06 millionP/E Ratio14.92Dividend Yield2.72%Price Target$32.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get MetroCity Bankshares alerts: Email Address MetroCity Bankshares MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.8% Upside$32.00 Price TargetShort InterestHealthy0.73% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.93Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$6.32 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.87 out of 5 starsFinance Sector435th out of 876 stocksState Commercial Banks Industry99th out of 176 stocks 1.0 Analyst's Opinion Consensus RatingMetroCity 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 CoverageMetroCity Bankshares has only been the subject of 1 research reports in the past 90 days.Read more about MetroCity Bankshares' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.73% of the float of MetroCity Bankshares has been sold short.Short Interest Ratio / Days to CoverMetroCity Bankshares has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MetroCity Bankshares has recently decreased by 14.93%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMetroCity Bankshares pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMetroCity Bankshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MetroCity Bankshares is 40.61%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about MetroCity Bankshares' dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMetroCity Bankshares has received a 9.58% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts", "Consumer transaction accounts", and "Wire transfer services" products. See details.Environmental SustainabilityThe Environmental Impact score for MetroCity Bankshares is -0.93. Previous Next 0.6 News and Social Media Coverage Search Interest1 people have searched for MCBS on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added MetroCity Bankshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MetroCity Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,317,697.00 in company stock.Percentage Held by Insiders27.49% 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 InstitutionsOnly 25.33% of the stock of MetroCity Bankshares is held by institutions.Read more about MetroCity Bankshares' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MetroCity Bankshares is 14.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.Price to Earnings Ratio vs. SectorThe P/E ratio of MetroCity Bankshares is 14.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.60.Price to Book Value per Share RatioMetroCity 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.Read more about MetroCity Bankshares' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThis Crypto Is Set to Explode in AugustWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankGo here to get full details on this crypto now. About MetroCity Bankshares Stock (NASDAQ:MCBS)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.Read More MCBS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCBS Stock News HeadlinesAugust 28, 2024 | insidertrades.comMetroCity Bankshares, Inc. (NASDAQ:MCBS) Director Sells $1,288,980.00 in StockAugust 22, 2024 | insidertrades.comMetroCity Bankshares, Inc. (NASDAQ:MCBS) Director Sells $759,696.00 in StockSeptember 6, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankAugust 24, 2024 | finance.yahoo.comInsider Selling: Director Sam Shim Sells Shares of MetroCity Bankshares Inc (MCBS)August 23, 2024 | benzinga.comHow Is The Market Feeling About MetroCity Bankshares?August 21, 2024 | finance.yahoo.comInsider Sale: Director Sam Shim Sells 37,242 Shares of MetroCity Bankshares Inc (MCBS)August 17, 2024 | finance.yahoo.comMCBS Sep 2024 25.000 call (MCBS240920C00025000)August 5, 2024 | barrons.comMetroCity Bankshares Inc.September 6, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankJuly 31, 2024 | nasdaq.comEx-Dividend Reminder: Apple Hospitality REIT, MetroCity Bankshares and NNN REITJuly 31, 2024 | finance.yahoo.comInsider Sale: President Farid Tan Sells 9,001 Shares of MetroCity Bankshares Inc (MCBS)July 31, 2024 | seekingalpha.comMetroCity Bankshares: Strong Fundamentals And Favorable Macro Outlook Drive Bullish OutlookJuly 30, 2024 | finance.yahoo.comInsider Sale: Director Don Leung Sells 11,193 Shares of MetroCity Bankshares Inc (MCBS)July 27, 2024 | finance.yahoo.comShould You Buy MetroCity Bankshares, Inc. (NASDAQ:MCBS) For Its Upcoming Dividend?July 26, 2024 | finance.yahoo.comInsider Sale: Director Don Leung Sells 20,065 Shares of MetroCity Bankshares Inc (MCBS)July 24, 2024 | finance.yahoo.comDirector Don Leung Sells 83,217 Shares of MetroCity Bankshares Inc (MCBS)July 22, 2024 | markets.businessinsider.comKBW Gives a Hold Rating to MetroCity Bankshares (MCBS)July 19, 2024 | finance.yahoo.comDirector Don Leung Sells 123,734 Shares of MetroCity Bankshares Inc (MCBS)See More Headlines Receive MCBS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MetroCity Bankshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/19/2024Ex-Dividend for 8/9 Dividend7/31/2024Dividend Payable8/09/2024Today9/06/2024Next Earnings (Estimated)10/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:MCBS CUSIPN/A CIK1747068 Webwww.metrocitybank.bank Phone(770) 455-4989FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$32.00 High Stock Price Target$32.00 Low Stock Price Target$32.00 Potential Upside/Downside+8.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.97 Trailing P/E Ratio14.92 Forward P/E RatioN/A P/E GrowthN/ANet Income$51.61 million Net Margins24.20% Pretax Margin33.66% Return on Equity13.85% Return on Assets1.52% Debt Debt-to-Equity Ratio0.92 Current Ratio1.24 Quick Ratio1.24 Sales & Book Value Annual Sales$124.92 million Price / Sales5.93 Cash Flow$2.07 per share Price / Cash Flow14.23 Book Value$16.08 per share Price / Book1.83Miscellaneous Outstanding Shares25,206,000Free Float18,277,000Market Cap$741.06 million OptionableOptionable Beta0.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Nack Young Paek (Age 81)Chairman & CEO Comp: $1.16MMr. Farid Tan (Age 66)President & Director Comp: $1.16MMr. Howard Hwasaeng Kim (Age 67)Executive VP, Chief Lending Officer, COO & Director Comp: $1.08MMr. Sion Nyen Lai (Age 69)Secretary & Director Comp: $74.48kMr. Lucas C. Stewart (Age 45)Executive VP, CFO & Assistant Corporate Secretary Key CompetitorsFirst Community BanksharesNASDAQ:FCBCMercantile BankNASDAQ:MBWMIndependent BankNASDAQ:IBCPHBT FinancialNASDAQ:HBTBusiness First BancsharesNASDAQ:BFSTView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 15,676 shares on 9/5/2024Ownership: 0.062%Sam Sang-Koo ShimSold 46,200 sharesTotal: $1.29 M ($27.90/share)Sam Sang-Koo ShimSold 27,132 sharesTotal: $759,696.00 ($28.00/share)The Manufacturers Life Insurance Company Sold 5,351 shares on 8/15/2024Ownership: 0.888%Inspire Investing LLCSold 993 shares on 8/12/2024Ownership: 0.053%View All Insider TransactionsView All Institutional Transactions MCBS Stock Analysis - Frequently Asked Questions How have MCBS shares performed this year? MetroCity Bankshares' stock was trading at $24.02 at the beginning of 2024. Since then, MCBS shares have increased by 22.4% and is now trading at $29.40. View the best growth stocks for 2024 here. How were MetroCity Bankshares' earnings last quarter? MetroCity Bankshares, Inc. (NASDAQ:MCBS) issued its quarterly earnings results on Friday, July, 19th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.07. The business had revenue of $59.67 million for the quarter. MetroCity Bankshares had a net margin of 24.20% and a trailing twelve-month return on equity of 13.85%. 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 investors include Dimensional Fund Advisors LP (1.44%), The Manufacturers Life Insurance Company (0.89%), Bank of New York Mellon Corp (0.49%) and Cahaba Wealth Management Inc. (0.12%). Insiders that own company stock include Nack Y Paek, Farid Tan, Don Leung, Sam Sang-Koo Shim, William J Hungeling and Ajit A Patel. 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. Compare Top Brokerages Here. 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 Pfizer (PFE), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and British American Tobacco (BTI). This page (NASDAQ:MCBS) was last updated on 9/6/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredThese 2 simple sentences turn every Friday into payday?Most people have never heard of Jim Fink. 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