MetroCity Bankshares (NASDAQ:MCBS – Get Free Report) is projected to issue its Q1 2026 results before the market opens on Friday, April 17th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $50.80 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Friday, April 17, 2026 at 12:30 PM ET.
MetroCity Bankshares (NASDAQ:MCBS – Get Free Report) last announced its earnings results on Friday, January 30th. The company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.05). MetroCity Bankshares had a return on equity of 14.82% and a net margin of 27.93%.The business had revenue of $43.74 million during the quarter, compared to the consensus estimate of $44.50 million.
MetroCity Bankshares Stock Performance
NASDAQ:MCBS opened at $31.35 on Friday. The stock has a market cap of $901.31 million, a P/E ratio of 11.92 and a beta of 0.68. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.94. The business’s 50-day moving average price is $28.88 and its two-hundred day moving average price is $27.61. MetroCity Bankshares has a twelve month low of $24.53 and a twelve month high of $31.44.
MetroCity Bankshares Dividend Announcement
Analyst Ratings Changes
Several equities research analysts have issued reports on MCBS shares. Keefe, Bruyette & Woods lifted their target price on shares of MetroCity Bankshares from $32.00 to $33.00 and gave the company a “market perform” rating in a research report on Thursday. Wall Street Zen raised shares of MetroCity Bankshares from a “hold” rating to a “buy” rating in a report on Sunday, March 29th. Finally, Weiss Ratings raised shares of MetroCity Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.00.
Check Out Our Latest Research Report on MCBS
Hedge Funds Weigh In On MetroCity Bankshares
A number of large investors have recently modified their holdings of MCBS. Russell Investments Group Ltd. bought a new stake in MetroCity Bankshares in the 3rd quarter worth approximately $45,000. BNP Paribas Financial Markets boosted its stake in MetroCity Bankshares by 21.5% in the second quarter. BNP Paribas Financial Markets now owns 3,057 shares of the company’s stock worth $87,000 after buying an additional 540 shares in the last quarter. Tower Research Capital LLC TRC grew its position in MetroCity Bankshares by 69.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,608 shares of the company’s stock valued at $103,000 after acquiring an additional 1,476 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its position in MetroCity Bankshares by 716.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 6,464 shares of the company’s stock valued at $171,000 after acquiring an additional 5,672 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of MetroCity Bankshares by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,969 shares of the company’s stock worth $302,000 after acquiring an additional 468 shares in the last quarter. 25.33% of the stock is owned by hedge funds and other institutional investors.
MetroCity Bankshares Company Profile
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
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.
