Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 234.48M | 234.43M | 209.38M | 162.29M | 139.21M | 102.96M |
Gross Profit | 142.36M | 139.15M | 118.05M | 137.44M | 127.71M | 88.00M |
EBITDA | 92.00M | 90.27M | 74.66M | 95.09M | 85.43M | 51.69M |
Net Income | 66.17M | 64.50M | 51.61M | 62.60M | 61.70M | 36.39M |
Balance Sheet | ||||||
Total Assets | 3.66B | 3.59B | 3.50B | 3.43B | 3.11B | 1.90B |
Cash, Cash Equivalents and Short-Term Investments | 287.74M | 253.73M | 160.65M | 170.21M | 458.26M | 158.86M |
Total Debt | 432.96M | 382.94M | 333.65M | 384.28M | 510.32M | 121.39M |
Total Liabilities | 3.23B | 3.17B | 3.12B | 3.08B | 2.82B | 1.65B |
Stockholders Equity | 427.97M | 421.35M | 381.52M | 349.42M | 290.22M | 244.83M |
Cash Flow | ||||||
Free Cash Flow | 37.94M | 62.22M | 77.17M | 132.34M | 65.05M | 142.02M |
Operating Cash Flow | 39.05M | 63.50M | 82.10M | 134.69M | 65.43M | 142.56M |
Investing Cash Flow | 11.07M | 5.87M | -110.27M | -651.82M | -930.55M | -477.86M |
Financing Cash Flow | -23.91M | 35.70M | -6.51M | 255.27M | 1.16B | 209.58M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | $920.86M | 9.55 | 12.51% | 1.37% | 2.02% | -2.80% | |
79 Outperform | $817.57M | 17.71 | 19.30% | 0.70% | 16.76% | 12.84% | |
77 Outperform | $770.59M | 12.79 | 11.16% | 3.71% | 2.81% | 6.88% | |
74 Outperform | $763.36M | 9.34 | 13.77% | 3.06% | 8.72% | -0.45% | |
72 Outperform | $725.53M | 11.05 | 15.67% | 3.29% | 4.92% | 20.83% | |
71 Outperform | $712.55M | 9.55 | 10.18% | 2.34% | 16.88% | 3.07% | |
68 Neutral | $17.49B | 11.70 | 10.34% | 3.85% | 9.75% | 0.63% |
On July 16, 2025, MetroCity Bankshares, Inc. announced a quarterly cash dividend of $0.25 per share on its common stock, payable on August 8, 2025, to shareholders of record as of July 30, 2025. This announcement reflects the company’s ongoing commitment to providing shareholder value and may positively impact investor confidence in the company’s financial stability and market position.
On March 16, 2025, MetroCity Bankshares, Inc. and First IC Corporation entered into a Reorganization Agreement, under which First IC will merge into MetroCity, with MetroCity as the surviving entity. By July 15, 2025, the merger received all necessary regulatory approvals and shareholder consent from First IC, with completion expected early in the fourth quarter of 2025, pending customary closing conditions.
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.
On May 22, 2025, MetroCity Bankshares held its Annual Meeting of Shareholders, where 83.97% of the outstanding common shares were represented. During the meeting, shareholders voted on several proposals, including the election of directors, executive compensation, and the appointment of auditors. The board decided to hold advisory votes on executive compensation every two years, aligning with shareholder preferences. The appointment of Crowe LLP as the independent auditor for 2025 was ratified.