MetroCity Bankshares (MCBS) Expected to Announce Quarterly Earnings on Friday

MetroCity Bankshares (NASDAQ:MCBS) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Friday, July 18th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $36.10 million for the quarter.

MetroCity Bankshares (NASDAQ:MCBS) last issued its quarterly earnings data on Friday, April 18th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. MetroCity Bankshares had a net margin of 28.03% and a return on equity of 15.91%. The company had revenue of $36.01 million for the quarter, compared to analyst estimates of $35.20 million.

MetroCity Bankshares Price Performance

NASDAQ MCBS opened at $28.47 on Wednesday. The firm’s fifty day simple moving average is $28.44 and its two-hundred day simple moving average is $28.95. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.99. MetroCity Bankshares has a 12-month low of $24.24 and a 12-month high of $36.15. The firm has a market capitalization of $723.14 million, a P/E ratio of 11.08 and a beta of 0.61.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods cut their price target on shares of MetroCity Bankshares from $36.00 to $34.00 and set a “market perform” rating on the stock in a report on Tuesday, April 22nd.

Institutional Investors Weigh In On MetroCity Bankshares

A hedge fund recently raised its stake in MetroCity Bankshares stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in MetroCity Bankshares, Inc. (NASDAQ:MCBS) by 4.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,969 shares of the company’s stock after buying an additional 468 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in MetroCity Bankshares were worth $302,000 at the end of the most recent quarter. 25.33% of the stock is owned by institutional investors and hedge funds.

About MetroCity Bankshares

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.