MetroCity Bankshares (MCBS) has disclosed a new risk, in the Economy & Political Environment category.
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MetroCity Bankshares faces significant business risk due to potential changes in Federal Reserve monetary policy. As the Fed controls the money supply and implements policies to stabilize the economy, their actions can directly affect MetroCity’s investment returns, mortgage servicing hedge effectiveness, and mortgage origination. Such changes also influence the bank’s lending and investing costs, potentially harming its liquidity, operations, financial health, and capital strength. The uncertainty of these policy shifts and their impacts renders MetroCity unable to accurately foresee and prepare for future challenges.
Overall, Wall Street has a Hold consensus rating on MCBS stock based on 1 Hold.
To learn more about MetroCity Bankshares’ risk factors, click here.