Market cap $554.01M
Enterprise value $632.28M
Revenue $120.242M
EBITDA $73.568M
Income $50.514M
Revenue Q/Q 1.69%
Revenue Y/Y -11.34%
P/E 12.98
Forward P/E 10.09
EV/Sales 5.26
EV/EBITDA 8.59
EV/EBIT 8.93
PEG N/A
Price/Sales 4.61
P/FCF 6.23
Price/Book 1.45
Book/Share 17.88
Cash/Share N/A
FCF yield 16.05%
Employees 0
RPE N/A
Volume 9.645k / N/A
Relative vol. N/A
EPS 2.00
EPS Q/Q 0.00%
Est. EPS Q/Q -13.24%
Profit margin 43.12%
Oper. margin 58.91%
Gross margin 100.00%
EBIT margin 58.91%
EBITDA margin 61.18%
Ret. on assets 1.43%
Ret. on equity 13.15%
ROIC 2.08%
ROCE 1.94%
Volatility 2.37%
Beta 1.10
RSI 57.94
Range $25.33 – $26.09
52 weeks $17.92 – $26.59
SMA 50 $25 +4.43%
SMA 200 $24 +6.88%
1 year target $18 -32.59%
Mean Recomm. N/A
Shares outst. 25.206M
Shares float 0.000 0.00%
Short % of float 1.52%
Short ratio 10.83

Recent MetroCity Bankshares Inc news

Friday, 20 October 2023
 
gurufocus
MetroCity Bankshares Inc Reports Q3 2023 Earnings
Wednesday, 9 November 2022
 
yahoo
MetroCity Bankshares Third Quarter 2022 Earnings: Revenues Disappoint
Friday, 21 October 2022
 
yahoo
METROCITY BANKSHARES, INC. REPORTS EARNINGS FOR THIRD QUARTER 2022
Wednesday, 21 July 2021
 
yahoo
MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend
Friday, 16 July 2021
 
zacks
MetroCity Earnings Expected to Grow: Should You Buy?
Friday, 23 April 2021
 
yahoo
MetroCity Bankshares, Inc. Announces Share Repurchase Program
stamfordadvocate
MetroCity Tops Q1 Earnings and Revenue Estimates
yahoo
MetroCity Bankshares, Inc. Reports Earnings For First Quarter 2021
Friday, 22 January 2021
 
zacks
MetroCity Q4 Earnings Match Estimates
yahoo
MetroCity Bankshares, Inc. Reports Earnings For Fourth Quarter And Year Ended 2020
Friday, 23 October 2020
 
nasdaq
MetroCity Bankshares Q3 Earnings and Revenues Beat Estimates
prnewswire
MetroCity Bankshares, Inc. Reports Earnings For Third Quarter 2020
yahoo
What Type Of Shareholders Own The Most Number of MetroCity Bankshares, Inc. Shares?
Saturday, 25 July 2020
 
yahoo
Be Sure To Check Out MetroCity Bankshares, Inc. Before It Goes Ex-Dividend
Friday, 24 July 2020
 
prnewswire
MetroCity Bankshares, Inc. Reports Earnings For Second Quarter 2020
Sunday, 31 May 2020
 
insidermonkey
Is MetroCity Bankshares A Good Stock To Buy?
Saturday, 25 January 2020
 
yahoo
MetroCity Bankshares, Inc. 's Could Be A Buy For Its Upcoming Dividend
Friday, 3 January 2020
 
yahoo
The Case For MetroCity Bankshares, Inc. : Could It Be A Nice Addition To Your Dividend Portfolio?
8-K 16 May 2024 Submission of Matters to a Vote of Security Holders
10-Q 7 May 2024 Quarterly report
8-K 19 Apr 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 17 Apr 2024 Other Events; Financial Statements and Exhibits
8-K 12 Mar 2024 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compens...
10-K 11 Mar 2024 Yearly report
8-K 23 Jan 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 17 Jan 2024 Other Events; Financial Statements and Exhibits
10-Q 7 Nov 2023 Quarterly report
8-K 20 Oct 2023 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 18 Oct 2023 Other Events; Financial Statements and Exhibits
Insider
Trans.
Transaction
Price per share Total value
Sam Sang Koo Shim Director Buy 5 Jun 2024 $24.00 $45,720
Sam Sang Koo Shim Director Buy 26 Apr 2024 $23.89 $61,995
Nack Y Paek Chief Executive Officer Sale 13 Nov 2023 $20.73 $612,841
Nack Y Paek Chief Executive Officer Sale 8 Nov 2023 $20.29 $414,667
William J. Hungeling Director Buy 2 May 2023 $15.37 $15,370
Sam Sang Koo Shim Director Buy 14 Mar 2023 $18.48 $92,400
Ajit A. Patel Director Buy 10 Mar 2023 $16.75 $83,750
Don Leung Director Sale 8 Mar 2021 $15.61 $390,250
Don Leung Director Sale 3 Mar 2021 $15.00 $449,835
Don Leung Director Sale 25 Feb 2021 $14.95 $122,396
Don Leung Director Sale 22 Feb 2021 $14.86 $125,225

117 people own MetroCity Bankshares Inc on Robinhood

Powered by Robintrack.

Overall analyst rating

Price target

Current $25.48
Average $17.50
Low $16 High $19

Dividends

Ex-dividend date N/A Frequency Quarterly Annual dividend +20.00%
Next dividend N/A Dividend yield 2.98% Growth period 3 years
Last dividend date Yield 3 years 2.92% Growth 3 years +21.64%
Last dividend Yield 5 years 2.64% Growth 5 years -1.08%

MetroCity Bankshares Inc dividend history

MetroCity Bankshares Inc executives

Insider Age Since Compensation
Farid Tan (62) President, Chief Financial Officer, Director of the Company, Chief Executive Officer, and Chief Financial Officer of the Bank 62 $1,357,080
Nack Paek (76) Chairman of the Board, Chief Executive Officer of the Company, and Executive Chairman of the Bank 76 $1,357,080
Howard Kim (63) Executive Vice President, Director of the Company, Chief Lending Officer, Chief Operating Officer, and President of the Bank 63 $1,180,200
Farid Tan (63) Pres and Director 63 $1,117,800
Nack Young Paek (78) Chairman and CEO 78 $1,117,800
Howard Hwasaeng Kim (64) Exec. VP, Chief Lending Officer, COO, and Director 64 $988,800
Don Leung (62) Independent Vice Chairman of the Board 62 $52,650
Francis Lai (66) Independent Director since 2014 66 2014 $50,050
Sion Nyen Lai (66) Sec. and Director 66 $48,250
William Hungeling (71) Independent Director since 2006 71 2006 $48,000
Feiying Lu (56) Independent Director since 2006 56 2006 $45,450
Frank Rhee (55) Independent Director since 2006 55 2006 $44,500
Ajit Patel (55) Independent Director since 2006 55 2006 $44,500
Young Park (71) Independent Director since 2006 71 2006 $41,250
Sam Shim (77) Independent Director since 2006 77 2006 $39,500
S. Benton Gunter (78) Executive Vice President, Chief Administrative Officer of the Company, and the Bank since 2016 78 2016
Lucas Stewart (43) Exec. VP and CFO 43
Company Market cap P/E EV/EBITDA P/S P/B P/FCF Change
$554.01M 12.98 8.59 4.61 1.45 6.23 +1.88%
$338.78M 10.76 N/A 2.60 1.44 14.80 +0.43%
$234.35M 12.46 9.78 5.18 1.67 17.70 -1.40%

Dividends

Ex-dividend date N/A Frequency Quarterly Annual dividend +20.00%
Next dividend N/A Dividend yield 2.98% Growth period 3 years
Last dividend date Yield 3 years 2.92% Growth 3 years +21.64%
Last dividend Yield 5 years 2.64% Growth 5 years -1.08%

MetroCity Bankshares Inc dividend history

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Current assets
Cash $258.836 $144.805 $282.057 $262.727
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $26.111 $26.604 $24.799 $24.135
Goodwill & intangible assets
Total noncurrent assets
Total investments $3,226.455 $3,201.458 $3,066.84 $3,057.743
Total assets $3,647.219 $3,502.823 $3,511.027 $3,475.087
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt
Total noncurrent liabilities
Total debt $358.189 $333.651 $332.537 $333.372
Total liabilities $3,250.615 $3,121.306 $3,126.323 $3,101.924
Stockholders' equity
Retained earnings $324.9 $315.356 $308.589 $301.752
Other stockholder equity $25.347 $20.21 $30.283 $25.642
Total stockholder equity $396.604 $381.517 $384.704 $373.163
(in millions USD) 2023 2022 2021
Current assets
Cash $144.805 $179.485 $441.341
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $26.604 $22.72 $22.406
Goodwill & intangible assets
Total noncurrent assets
Total investments $3,201.458 $3,099.897 $2,562.919
Total assets $3,502.823 $3,427.239 $3,106.158
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt
Total noncurrent liabilities
Total debt $333.651 $384.277 $510.32
Total liabilities $3,121.306 $3,077.818 $2,815.935
Stockholders' equity
Retained earnings $315.356 $285.832 $238.577
Other stockholder equity $20.21 $18.039 -$0.168
Total stockholder equity $381.517 $349.421 $290.223

Income statement

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Revenue
Total revenue $32.793 $29.865 $27.437 $30.147
Cost of revenue
Gross profit $32.793 $29.865 $27.437 $30.147
Operating activities
Research & development
Selling, general & administrative $9.19 $10.8 $8.579 $8.66
Total operating expenses $12.361 $13.728 $11.785 $11.534
Operating income $20.432 $16.137 $15.652 $18.613
Income from continuing operations
EBIT $20.432 $16.137 $15.652 $18.613
Income tax expense $5.801 $4.79 $4.224 $5.505
Interest expense
Net income
Net income $14.631 $11.347 $11.428 $13.108
Income (for common shares) $14.631 $11.347 $11.428 $13.108
(in millions USD) 2023 2022 2021
Revenue
Total revenue $119.698 $141.582 $131.043
Cost of revenue
Gross profit $119.698 $141.582 $131.043
Operating activities
Research & development
Selling, general & administrative $36.04 $37.06 $36.781
Total operating expenses $47.726 $50.365 $48.424
Operating income $71.972 $91.217 $82.619
Income from continuing operations
EBIT $71.972 $91.217 $82.619
Income tax expense $20.359 $28.615 $20.918
Interest expense
Net income
Net income $51.613 $62.602 $61.701
Income (for common shares) $51.613 $62.602 $61.701
(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Net income $14.631 $11.347 $11.428 $13.108
Operating activities
Depreciation $0.752 $0.727 $0.711 $0.544
Business acquisitions & disposals
Stock-based compensation $0.406 $0.825 $0.824 $0.474
Total cash flows from operations $36.359 -$8.302 $17.668 $47.2
Investing activities
Capital expenditures -$0.243 -$0.943 -$1.359 -$1.467
Investments -$24.966 -$135.11 -$11.329 -$6.932
Total cash flows from investing -$25.209 -$136.053 -$12.688 -$8.399
Financing activities
Dividends paid -$5.041 -$4.539 -$4.608 -$4.527
Sale and purchase of stock -$0.706 -$0.761
Net borrowings $25 -$0.387 -$50
Total cash flows from financing $102.881 $7.103 $14.35 -$0.138
Effect of exchange rate
Change in cash and equivalents $114.031 -$137.252 $19.33 $38.663
(in millions USD) 2023 2022 2021
Net income $51.613 $62.602 $61.701
Operating activities
Depreciation $2.687 $3.875 $2.809
Business acquisitions & disposals
Stock-based compensation $2.421 $1.931 $1.427
Total cash flows from operations $82.099 $134.694 $65.433
Investing activities
Capital expenditures -$4.931 -$2.354 -$0.384
Investments -$109.443 -$641.503 -$908.653
Total cash flows from investing -$110.265 -$651.816 -$930.551
Financing activities
Dividends paid -$18.2 -$15.29 -$11.792
Sale and purchase of stock -$2.02 -$8.195 -$5.544
Net borrowings -$50.392 -$125.067 $389.976
Total cash flows from financing -$6.514 $255.266 $1,155.771
Effect of exchange rate
Change in cash and equivalents -$34.68 -$261.856 $290.653

Recent institutional transactions

Quarter Shareholder Change
Shares owned
Shares
Value (in thousands USD)
2024 Q2 Gamma Investing
+116.67%
65 $1,716
2024 Q1 De Lisle Partners LL.P.
Opened
79,249 $1,977,658
2024 Q1 Blackrock
-3.80%
1,309,881 $32,694,629
2024 Q1 American Century Companies Inc
+38.86%
154,424 $3,854,423
2024 Q1 Cahaba Wealth Management, Inc
Opened
40,000 $998,400
2024 Q1 Morgan Stanley
-30.29%
80,047 $1,997,984
2024 Q1 Dimensional Fund Advisors L.P.
+6.66%
348,346 $8,694,716
2024 Q1 Jpmorgan Chase & Co
+84.54%
34,587 $863,290
2024 Q1 Barclays PLC
-43.33%
16,246 $405
2024 Q1 Bank Of America Corp de/
-51.17%
11,552 $288,338

Institutional shareholders

Shareholder Stake
Shares owned
Shares
Value (in thousands USD)
Blackrock 5.20% 1,309,881
Vanguard Group Inc 3.55% 895,620
State Street Corp 1.56% 393,767
Geode Capital Management 1.53% 386,442
Dimensional Fund Advisors L.P. 1.38% 348,346
Manufacturers Life Insurance Company, The 0.92% 231,812
Northern Trust Corp 0.64% 160,228
American Century Companies Inc 0.61% 154,424
Charles Schwab Investment Management Inc 0.55% 138,749
Bank Of New York Mellon Corp 0.48% 121,139