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home / news releases / MCBS - MetroCity Bankshares: Good Bank At A Fair Price

MCBS - MetroCity Bankshares: Good Bank At A Fair Price

MetroCity Bankshares Inc.

2024-04-29 09:31:52 ET

Summary

  • MetroCity Bankshares has shown resilience and strength, even during a regional banking crisis in March 2023.
  • The bank operates in multi-ethnic communities across several states, with a focus on residential and commercial real estate lending.
  • The bank's deposits are sticky and cheap, with a significant portion held in demand deposit accounts.
  • Shares are a hold with price target of $25.

Investment Thesis

For further details see:

MetroCity Bankshares: Good Bank At A Fair Price
Stock Information
Company Name: MetroCity Bankshares Inc.
Stock Symbol: MCBS
Market: OTC
Website: metrocitybank.com
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