Metrocity Bankshares Inc Financials

MCBS

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Metrocity Bankshares Inc (MCBS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

3/9

Metrocity Bankshares Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Mixed

0.98x

For every $1 of reported earnings, Metrocity Bankshares Inc generates $0.98 in operating cash flow ($63.5M OCF vs $64.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

$62.2M

YoY-19.4%

5Y CAGR+14.9%

Metrocity Bankshares Inc generated $62.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 19.4% from the prior year.

Net Income

$64.5M

YoY+25.0%

5Y CAGR+7.6%

Metrocity Bankshares Inc reported $64.5M in net income in fiscal year 2024. This represents an increase of 25.0% from the prior year.

EPS (Diluted)

$2.52

YoY+24.8%

5Y CAGR+6.8%

Metrocity Bankshares Inc earned $2.52 per diluted share (EPS) in fiscal year 2024. This represents an increase of 24.8% from the prior year.

Cash & Debt

$249.9M

YoY+72.6%

5Y CAGR-2.0%

Metrocity Bankshares Inc held $249.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.83

YoY+15.3%

Metrocity Bankshares Inc paid $0.83 per share in dividends in fiscal year 2024. This represents an increase of 15.3% from the prior year.

Shares Outstanding

25M

YoY+0.8%

5Y CAGR-0.1%

Metrocity Bankshares Inc had 25M shares outstanding in fiscal year 2024. This represents an increase of 0.8% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

15.3%

YoY+1.8pp

5Y CAGR-5.3pp

Metrocity Bankshares Inc's ROE was 15.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$10K

YoY-99.5%

5Y CAGR-63.2%

Metrocity Bankshares Inc spent $10K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 99.5% from the prior year.

Capital Expenditures

$1.3M

YoY-73.9%

5Y CAGR+3.2%

Metrocity Bankshares Inc invested $1.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 73.9% from the prior year.

MCBS Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$94.8M+3.7%	$91.3M+230.9%	$27.6M+503.9%	$4.6M-60.2%	$11.5M-48.3%	$22.2M
Income Tax	$22.8M+12.0%	$20.4M-28.9%	$28.6M+36.8%	$20.9M+69.1%	$12.4M-23.4%	$16.1M
Net Income	$64.5M+25.0%	$51.6M-17.6%	$62.6M+1.5%	$61.7M+69.5%	$36.4M-18.6%	$44.7M
EPS (Diluted)	$2.52+24.8%	$2.02-17.2%	$2.44+2.1%	$2.39+69.5%	$1.41-22.1%	$1.81

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$22.2M+1.6%	$21.9M-0.4%	$22.0M-6.7%	$23.5M+0.6%	$23.4M-7.4%	$25.3M	N/A	$24.6M
Income Tax	$6.6M-4.0%	$6.8M+18.4%	$5.8M-3.1%	$6.0M-7.3%	$6.4M+10.8%	$5.8M	N/A	$4.2M
Net Income	$17.3M+2.6%	$16.8M+3.2%	$16.3M-2.4%	$16.7M-1.4%	$16.9M+15.8%	$14.6M	N/A	$11.4M
EPS (Diluted)	$0.67+3.1%	$0.65+3.2%	$0.63-3.1%	$0.65-1.5%	$0.66+15.8%	$0.57	N/A	$0.45

MCBS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$3.6B+2.6%	$3.5B+2.2%	$3.4B+10.3%	$3.1B+63.7%	$1.9B+16.3%	$1.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$249.9M+72.6%	$144.8M-19.3%	$179.5M-59.3%	$441.3M+192.9%	$150.7M-45.5%	$276.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2B+1.6%	$3.1B+1.4%	$3.1B+9.3%	$2.8B+70.4%	$1.7B+16.8%	$1.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$421.4M+10.4%	$381.5M+9.2%	$349.4M+20.4%	$290.2M+18.5%	$244.8M+13.0%	$216.7M
Retained Earnings	$358.7M+13.7%	$315.4M+10.3%	$285.8M+19.8%	$238.6M+26.4%	$188.7M+16.0%	$162.6M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$3.6B+0.4%	$3.6B-1.2%	$3.7B+1.8%	$3.6B-0.6%	$3.6B-0.9%	$3.6B+4.1%	$3.5B-0.2%	$3.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$227.2M-20.6%	$286.0M+0.3%	$285.1M+14.1%	$249.9M-23.8%	$327.9M+26.7%	$258.8M+78.7%	$144.8M-48.7%	$282.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2B+0.1%	$3.2B-1.6%	$3.2B+1.9%	$3.2B-1.1%	$3.2B-1.3%	$3.3B+4.1%	$3.1B-0.2%	$3.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$445.9M+2.2%	$436.1M+1.9%	$428.0M+1.6%	$421.4M+3.5%	$407.2M+2.7%	$396.6M+4.0%	$381.5M-0.8%	$384.7M
Retained Earnings	$391.0M+2.9%	$380.0M+3.0%	$369.1M+2.9%	$358.7M+6.5%	$336.7M+3.6%	$324.9M+3.0%	$315.4M+2.2%	$308.6M

MCBS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$63.5M-22.7%	$82.1M-39.0%	$134.7M+105.9%	$65.4M-54.1%	$142.6M+342.7%	$32.2M
Capital Expenditures	$1.3M-73.9%	$4.9M+109.5%	$2.4M+513.0%	$384K-28.5%	$537K-51.1%	$1.1M
Free Cash Flow	$62.2M-19.4%	$77.2M-41.7%	$132.3M+103.4%	$65.0M-54.2%	$142.0M+356.6%	$31.1M
Investing Cash Flow	$5.9M+105.3%	-$110.3M+83.1%	-$651.8M+30.0%	-$930.6M-94.7%	-$477.9M-2512.8%	-$18.3M
Financing Cash Flow	$35.7M+648.1%	-$6.5M-102.6%	$255.3M-77.9%	$1.2B+451.5%	$209.6M+68.9%	$124.1M
Dividends Paid	$21.1M+15.7%	$18.2M+19.0%	$15.3M+29.7%	$11.8M+14.7%	$10.3M-0.8%	$10.4M
Share Buybacks	$10K-99.5%	$2.0M-75.4%	$8.2M+47.8%	$5.5M	N/A	$1.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$16.5M+14.0%	$14.5M+21.3%	$11.9M-38.2%	$19.3M-0.5%	$19.4M-46.8%	$36.4M+538.0%	-$8.3M-147.0%	$17.7M
Capital Expenditures	$261K+121.2%	$118K+68.6%	$70K-82.9%	$409K+15.5%	$354K+45.7%	$243K-74.2%	$943K-30.6%	$1.4M
Free Cash Flow	$16.2M+13.2%	$14.3M+21.0%	$11.8M-37.2%	$18.9M-0.8%	$19.0M-47.4%	$36.1M+490.7%	-$9.2M-156.7%	$16.3M
Investing Cash Flow	-$72.0M-280.5%	$39.9M+299.5%	-$20.0M+71.2%	-$69.4M-171.0%	$97.7M+487.6%	-$25.2M+81.5%	-$136.1M-972.3%	-$12.7M
Financing Cash Flow	-$3.3M+93.9%	-$53.4M-223.4%	$43.3M+394.4%	$8.8M+118.2%	-$48.0M-146.7%	$102.9M+1348.4%	$7.1M-50.5%	$14.3M
Dividends Paid	$6.9M+17.7%	$5.8M0.0%	$5.8M+0.3%	$5.8M+15.6%	$5.0M0.0%	$5.0M+11.1%	$4.5M-1.5%	$4.6M
Share Buybacks	$0	N/A	N/A	$0	N/A	N/A	$706K-7.2%	$761K

MCBS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	15.3%+1.8pp	13.5%-4.4pp	17.9%-3.3pp	21.3%+6.4pp	14.9%-5.8pp	20.6%
Return on Assets	1.8%+0.3pp	1.5%-0.4pp	1.8%-0.2pp	2.0%+0.1pp	1.9%-0.8pp	2.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.53-0.7	8.18-0.6	8.81-0.9	9.70+3.0	6.75+0.2	6.53
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	3.9%0.0pp	3.9%+0.1pp	3.8%-0.3pp	4.1%-0.1pp	4.2%+0.5pp	3.7%	N/A	3.0%
Return on Assets	0.5%0.0pp	0.5%+0.0pp	0.4%-0.0pp	0.5%0.0pp	0.5%+0.1pp	0.4%	N/A	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.14-0.2	7.29-0.3	7.55+0.0	7.53-0.3	7.88-0.3	8.20+0.0	8.18+0.1	8.13
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Metrocity Bankshares Inc profitable?

Yes, Metrocity Bankshares Inc (MCBS) reported a net income of $64.5M in fiscal year 2024.

What is Metrocity Bankshares Inc's earnings per share (EPS)?

Metrocity Bankshares Inc (MCBS) reported diluted earnings per share of $2.52 for fiscal year 2024. This represents a 24.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Does Metrocity Bankshares Inc pay dividends?

Yes, Metrocity Bankshares Inc (MCBS) paid $0.83 per share in dividends during fiscal year 2024.

What is Metrocity Bankshares Inc's return on equity (ROE)?

Metrocity Bankshares Inc (MCBS) has a return on equity of 15.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Metrocity Bankshares Inc's free cash flow?

Metrocity Bankshares Inc (MCBS) generated $62.2M in free cash flow during fiscal year 2024. This represents a -19.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Metrocity Bankshares Inc's operating cash flow?

Metrocity Bankshares Inc (MCBS) generated $63.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Metrocity Bankshares Inc's total assets?

Metrocity Bankshares Inc (MCBS) had $3.6B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Metrocity Bankshares Inc's capital expenditures?

Metrocity Bankshares Inc (MCBS) invested $1.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Metrocity Bankshares Inc buy back shares?

Yes, Metrocity Bankshares Inc (MCBS) spent $10K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Metrocity Bankshares Inc have outstanding?

Metrocity Bankshares Inc (MCBS) had 25M shares outstanding as of fiscal year 2024.

What is Metrocity Bankshares Inc's debt-to-equity ratio?

Metrocity Bankshares Inc (MCBS) had a debt-to-equity ratio of 7.53 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Metrocity Bankshares Inc's return on assets (ROA)?

Metrocity Bankshares Inc (MCBS) had a return on assets of 1.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Metrocity Bankshares Inc's Piotroski F-Score?

Metrocity Bankshares Inc (MCBS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Metrocity Bankshares Inc's earnings high quality?

Metrocity Bankshares Inc (MCBS) has an earnings quality ratio of 0.98x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.