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

MetroCity Bankshares (NASDAQ:MCBSGet Free Report) will likely be issuing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect MetroCity Bankshares to announce earnings of $0.81 per share and revenue of $52.40 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 24, 2026 at 4:00 PM ET.

MetroCity Bankshares (NASDAQ:MCBSGet Free Report) last released its quarterly earnings results on Friday, April 24th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.07. The business had revenue of $50.84 million during the quarter, compared to analyst estimates of $50.80 million. MetroCity Bankshares had a return on equity of 15.09% and a net margin of 28.16%.

MetroCity Bankshares Stock Performance

Shares of MCBS opened at $36.38 on Friday. The business has a 50-day simple moving average of $34.10 and a two-hundred day simple moving average of $30.81. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.77. MetroCity Bankshares has a 52 week low of $24.53 and a 52 week high of $37.46. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 13.13 and a beta of 0.70.

MetroCity Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Wednesday, July 29th will be paid a dividend of $0.29 per share. The ex-dividend date is Wednesday, July 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.2%. MetroCity Bankshares’s payout ratio is 41.88%.

Institutional Trading of MetroCity Bankshares

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HoldCo Asset Management LP bought a new position in MetroCity Bankshares in the 4th quarter worth approximately $2,671,000. Goldman Sachs Group Inc. raised its position in shares of MetroCity Bankshares by 122.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 67,996 shares of the company’s stock valued at $1,805,000 after buying an additional 37,372 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of MetroCity Bankshares during the first quarter valued at approximately $717,000. CIBC Bancorp USA Inc. purchased a new position in shares of MetroCity Bankshares in the third quarter worth $612,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of MetroCity Bankshares by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 477,079 shares of the company’s stock worth $12,662,000 after buying an additional 16,409 shares in the last quarter. Institutional investors own 25.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MCBS. Weiss Ratings reissued a “buy (b)” rating on shares of MetroCity Bankshares in a report on Wednesday, July 8th. Keefe, Bruyette & Woods increased their price objective on shares of MetroCity Bankshares from $32.00 to $33.00 and gave the stock a “market perform” rating in a research note on Thursday, April 9th. Finally, Wall Street Zen downgraded shares of MetroCity Bankshares from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, MetroCity Bankshares has an average rating of “Moderate Buy” and an average price target of $33.00.

Read Our Latest Stock Report on MCBS

About MetroCity Bankshares

(Get Free Report)

MetroCity Bankshares, Inc is a bank holding company headquartered in Houston, Texas. Through its wholly owned subsidiary, MetroCity Bank, the company provides a range of banking and financial services to individuals and businesses. MetroCity Bankshares focuses on community banking, leveraging local expertise to support the financial needs of the greater Houston metropolitan area.

MetroCity Bank offers traditional deposit products, including checking and savings accounts, money market accounts and certificates of deposit.

Recommended Stories

Earnings History for MetroCity Bankshares (NASDAQ:MCBS)

Receive News & Ratings for MetroCity Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MetroCity Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.