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MetroCity Bankshares Announces Merger Completion Date

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MetroCity Bankshares Announces Merger Completion Date

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An update from MetroCity Bankshares ( (MCBS) ) is now available.

MetroCity Bankshares, Inc. and First IC Corporation have announced the expected completion of their merger on December 1, 2025, following the receipt of all necessary regulatory approvals and shareholder consent. This merger will see First IC Corporation merge into MetroCity Bankshares, with Metro City Bank absorbing First IC Bank, potentially enhancing MetroCity’s market presence and operational scale.

The most recent analyst rating on (MCBS) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on MetroCity Bankshares stock, see the MCBS Stock Forecast page.

Spark’s Take on MCBS Stock

According to Spark, TipRanks’ AI Analyst, MCBS is a Neutral.

MetroCity Bankshares’ overall score is driven by its solid financial performance and reasonable valuation. However, the technical analysis indicates a bearish trend, which weighs down the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on MCBS stock, click here.

More about MetroCity Bankshares

MetroCity Bankshares, Inc., headquartered in Doraville, Georgia, is a bank holding company for Metro City Bank, operating 20 banking offices across seven states, with assets totaling $3.6 billion as of September 30, 2025. First IC Corporation, also headquartered in Doraville, Georgia, operates as the bank holding company for First IC Bank, with ten banking locations and two loan production offices, holding assets of $1.2 billion.

Average Trading Volume: 36,657

Technical Sentiment Signal: Sell

Current Market Cap: $665.8M

For a thorough assessment of MCBS stock, go to TipRanks’ Stock Analysis page.

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