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home / news releases / MCBS - MetroCity Bankshares GAAP EPS of $0.62 beats by $0.18 revenue of $32.25M beats by $3.45M


MCBS - MetroCity Bankshares GAAP EPS of $0.62 beats by $0.18 revenue of $32.25M beats by $3.45M

2023-04-21 16:18:18 ET

  • MetroCity Bankshares press release ( NASDAQ: MCBS ): Q1 GAAP EPS of $0.62 beats by $0.18 .
  • Revenue of $32.25M (-15.8% Y/Y) beats by $3.45M .
  • Annualized return on average assets was 1.87%, compared to 1.19% for the fourth quarter of 2022 and 2.52% for the first quarter of 2022.
  • Annualized return on average equity was 18.09%, compared to 11.57% for the fourth quarter of 2022 and 26.94% for the first quarter of 2022.
  • Efficiency ratio of 33.1%, compared to 40.3% for the fourth quarter of 2022 and 31.8% for the first quarter of 2022.

For further details see:

MetroCity Bankshares GAAP EPS of $0.62 beats by $0.18, revenue of $32.25M beats by $3.45M
Stock Information

Company Name: MetroCity Bankshares Inc.
Stock Symbol: MCBS
Market: OTC
Website: metrocitybank.com

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