Metrocity Bankshares Inc - Understand $mcbs stock

$MCBS Market Cap: $862.8 Million

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Financial Snapshot

Revenue

Gross Margin

Net Earnings

$59.62M

TTM

Current Assets

Current Liabilities

$10.89M

Q3 2024

Current Ratio

Total Assets

$3.569B

Q3 2024

Total Liabilities

$3.162B

Q3 2024

Book Value

$407.2M

Q3 2024

Cash

$291.2M

Q3 2024

P/E

14.47

Nov 14, 2024 EST

Free Cash Flow

$45.88M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$830.0K	$1.052M	$816.0K	$787.0K	$678.0K
YoY Change	-21.1%	28.92%	3.68%	16.08%
% of Gross Profit
Depreciation & Amortization	$2.687M	$1.200M	$1.200M	$1.100M	$1.000M	$900.0K	$600.0K	$600.0K
YoY Change	123.92%	0.0%	9.09%	10.0%	11.11%	50.0%	0.0%
% of Gross Profit
Operating Expenses	$830.0K	$1.052M	$816.0K	$787.0K	$678.0K
YoY Change	-21.1%	28.92%	3.68%	16.08%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019
Interest Expense	$91.35M	$27.61M	$4.572M	$11.49M	$22.24M
YoY Change	230.86%	503.87%	-60.21%	-48.34%
% of Operating Profit
Other Income/Expense, Net	$11.69M	$13.31M	$11.64M	$8.873M	$8.653M
YoY Change	-12.17%	14.27%	31.22%	2.54%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$71.97M	$91.22M	$82.62M	$48.76M	$60.87M	$56.00M	$50.10M	$32.40M
YoY Change	-21.1%	10.41%	69.43%	-19.89%	8.69%	11.78%	54.63%
Income Tax	$20.36M	$28.62M	$20.92M	$12.37M	$16.15M	$14.70M	$18.30M	$12.20M
% Of Pretax Income	28.29%	31.37%	25.32%	25.37%	26.53%	26.25%	36.53%	37.65%
Net Earnings	$51.61M	$62.60M	$61.70M	$36.39M	$44.72M	$41.30M	$31.90M	$20.20M
YoY Change	-17.55%	1.46%	69.54%	-18.61%	8.28%	29.47%	57.92%
Net Earnings / Revenue
Basic Earnings Per Share	$2.05	$2.46	$2.41	$1.42	$1.82
Diluted Earnings Per Share	$2.02	$2.44	$2.39	$1.41	$1.81	$1.632M	$1.261M	$798.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$26.60M	$22.72M	$22.40M	$24.20M	$26.40M	$14.40M	$12.40M	$7.300M
YoY Change	17.1%	1.43%	-7.44%	-8.33%	83.33%	16.13%	69.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$3.503B	$3.427B	$3.106B	$1.898B	$1.632B	$1.433B	$1.289B	$1.100B
YoY Change
Accounts Payable	$4.133M	$2.739M	$200.0K	$200.0K	$900.0K	$1.300M	$400.0K	$400.0K
YoY Change	50.89%	1269.5%	0.0%	-77.78%	-30.77%	225.0%	0.0%
Accrued Expenses	$8.651M	$8.885M	$9.900M	$10.90M	$12.50M
YoY Change	-2.63%	-10.25%	-9.17%	-12.8%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$12.78M	$11.62M	$10.10M	$11.10M	$13.40M	$1.300M	$400.0K	$400.0K
YoY Change	9.98%	15.09%	-9.01%	-17.16%	930.77%	225.0%	0.0%
Long-Term Debt	$0.00	$392.0K	$500.0K	$500.0K	$3.100M	$4.300M	$5.000M	$5.300M
YoY Change	-100.0%	-21.6%	0.0%	-83.87%	-27.91%	-14.0%	-5.66%
Other Long-Term Liabilities	$52.59M	$23.96M	$42.40M	$51.20M	$31.30M	$14.30M	$8.400M	$7.500M
YoY Change	119.44%	-43.48%	-17.19%	63.58%	118.88%	70.24%	12.0%
Total Long-Term Liabilities	$52.59M	$24.36M	$42.90M	$51.70M	$34.40M	$18.60M	$13.40M	$12.80M
YoY Change	115.91%	-43.23%	-17.02%	50.29%	84.95%	38.81%	4.69%
Total Liabilities	$3.121B	$3.078B	$2.816B	$1.653B	$1.415B	$1.264B	$1.154B	$992.8M
YoY Change	1.41%	9.3%	70.38%	16.79%	11.95%	9.54%	16.23%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	25.21M	25.41M	25.57M	25.61M	24.53M
Diluted Shares Outstanding	25.52M	25.69M	25.79M	25.80M	24.73M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $862.81 Million

About Metrocity Bankshares Inc

MetroCity Bankshares, Inc. is a bank holding company, which engages in the provision of commercial bank services. The company is headquartered in Doraville, Georgia and currently employs 220 full-time employees. The company went IPO on 2019-10-03. The company operates through its banking subsidiary, Metro City Bank (the Bank), which is a Georgia state-chartered commercial bank. The company offers a suite of loan and deposit products. The Bank operates over 20 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. The company offers customary banking services, such as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, including single family residential loans, money transfers and a variety of other banking services. The company offers traditional depository products, including checking, savings, money market and certificates of deposits. The company also offers a full suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions for iPhone and Android phones.

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