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MetroCity Bankshares (NASDAQ: MCBS) sets $0.29 quarterly dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

MetroCity Bankshares, Inc. announced that its board of directors declared a quarterly cash dividend of $0.29 per share on its common stock. The dividend will be paid on May 8, 2026 to shareholders who are on record as of April 29, 2026.

The company is a Georgia-based bank holding company for Metro City Bank, which operates 30 full-service branches across multi-ethnic communities in Alabama, California, Florida, Georgia, New York, New Jersey, Texas and Virginia.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Quarterly dividend $0.29 per share Declared on common stock by the board of directors
Dividend payment date May 8, 2026 Payable date for $0.29 per share dividend
Dividend record date April 29, 2026 Shareholders of record on this date receive dividend
Branch network 30 full-service branches Metro City Bank locations in eight U.S. states
quarterly cash dividend financial
"declared a quarterly cash dividend of $0.29 per share on its common stock"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
shareholders of record financial
"payable May 8, 2026, to shareholders of record as of April 29, 2026"
Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.
bank holding company financial
"a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary"
A bank holding company is a parent corporation that owns one or more banks and other financial businesses, like a household that controls several shops under the same roof. Investors care because this structure determines how the business is regulated, how it raises capital, pays dividends, and absorbs losses; it can make a banking group safer or riskier and affects the value and liquidity of the company’s shares.
full-service branch financial
"Metro City Bank currently operates 30 full-service branch locations in multi-ethnic communities"
Emerging growth company regulatory
"Emerging growth company ◻"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 15, 2026

METROCITY BANKSHARES, INC.

(Exact name of registrant as specified in its charter)

Georgia

No. 001-39068

47-2528408

(State or other jurisdiction of
incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

5114 Buford Highway
Doraville, Georgia

30340

(Address of principal executive offices)

(Zip Code)

(770) 455-4989

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each Exchange on which registered

Common Stock, par value $0.01 per share

MCBS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Item 8.01    Other Events

On April 15, 2026, MetroCity Bankshares, Inc. (the “Company”) announced the declaration of a quarterly cash dividend of $0.29 per share on its common stock. This dividend is payable May 8, 2026, to shareholders of record as of April 29, 2026. A copy of the press release announcing the cash dividend is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01    Financial Statements and Exhibits

(d) Exhibits

Exhibit No.

  ​ ​ ​

Description

99.1

Press Release, dated April 15, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

METROCITY BANKSHARES, INC.

Date: April 15, 2026

By:

/s/ Farid Tan

Farid Tan

President and Interim Chief Financial Officer

Exhibit 99.1

Graphic

FOR IMMEDIATE RELEASE

MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

ATLANTA, GA., April 15, 2026 (PR Newswire) – MetroCity Bankshares, Inc. (the “Company”) (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.29 per share on its common stock. The cash dividend is payable on May 8, 2026 to shareholders of record as of April 29, 2026.

About MetroCity Bankshares, Inc.

MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 30 full-service branch locations in multi-ethnic communities in Alabama, California, Florida, Georgia, New York, New Jersey, Texas and Virginia. To learn more about Metro City Bank, visit www.metrocitybank.bank.

Contact Information

Farid Tan

770-455-4978

faridtan@metrocitybank.bank


FAQ

What dividend did MetroCity Bankshares (MCBS) declare in this 8-K?

MetroCity Bankshares declared a quarterly cash dividend of $0.29 per share on its common stock. This regular payout reflects the company’s ongoing return of cash to shareholders through dividends approved by its board of directors.

When will MetroCity Bankshares (MCBS) pay the $0.29 dividend?

The $0.29 per share cash dividend will be payable on May 8, 2026. Shareholders who are eligible on the record date will receive the payment in cash according to the standard dividend distribution process.

What is the record date for MetroCity Bankshares’ latest dividend?

Shareholders of record as of April 29, 2026 will receive the $0.29 per share quarterly cash dividend. Being a shareholder on that date determines eligibility for this specific dividend payment.

How often does MetroCity Bankshares (MCBS) pay this type of dividend?

The company declared a quarterly cash dividend of $0.29 per share. “Quarterly” indicates the dividend is intended to be paid four times a year, subject to future board approvals at each declaration.

What kind of company is MetroCity Bankshares (MCBS)?

MetroCity Bankshares is a Georgia corporation and bank holding company for Metro City Bank. Its banking subsidiary operates 30 full-service branch locations in multi-ethnic communities across eight U.S. states.

In which states does Metro City Bank operate branches?

Metro City Bank operates 30 full-service branches in multi-ethnic communities across Alabama, California, Florida, Georgia, New York, New Jersey, Texas and Virginia, reflecting a geographically diversified retail banking footprint.

Filing Exhibits & Attachments

4 documents