MetroCity Bankshares Appoints David Shim to Board

MetroCity Bankshares ( (MCBS) ) has provided an update.

On June 18, 2025, MetroCity Bankshares appointed Mr. David Shim to its Board of Directors and the Board of its subsidiary, Metro City Bank. Mr. Shim, a software engineer and founder of DSS Consulting, brings a blend of software engineering and financial consulting experience to the role. His appointment is expected to enhance the company’s strategic alignment of technology and business. Mr. Shim will serve on several committees, including Audit and Compliance, and has been recognized as an independent director under Nasdaq standards.

The most recent analyst rating on (MCBS) stock is a Hold with a $34.00 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 Outperform.

MetroCity Bankshares receives a solid overall score, driven by strong financial performance and attractive valuation. The stock’s stability is bolstered by strategic corporate actions, although technical indicators suggest a cautious short-term outlook. Key strengths include profitability and strategic growth initiatives, while managing cashflow challenges remains essential.

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

More about MetroCity Bankshares

Average Trading Volume: 37,476

Technical Sentiment Signal: Buy

Current Market Cap: $685.6M

For an in-depth examination of MCBS stock, go to TipRanks’ Overview page.