MetroCity Bankshares posts strong Q3 2024 performance despite slight dip in profits

MetroCity Bankshares posts strong Q3 2024 performance despite slight dip in profits

MetroCity Bankshares, Inc., the holding company for Metro City Bank, has revealed its financial performance for Q3 2024. The Atlanta-based banking giant reported a net income of $16.7 million, translating to $0.65 per diluted share. This marks a slight drop from the $16.9 million ($0.66 per diluted share) reported in Q2 2024. However, compared to […]

Can MetroCity Bankshares bounce back? Q3 2024 results reveal slight profit slip

Can MetroCity Bankshares bounce back? Q3 2024 results reveal slight profit slip

MetroCity Bankshares, Inc. (NASDAQ: MCBS), the holding company for Metro City Bank, has disclosed its financial performance for the third quarter of 2024. The report highlights a net income of $16.7 million, equivalent to $0.65 per diluted share. Although this figure is slightly below the $16.9 million or $0.66 per diluted share recorded in the […]