MetroCity: Q1 Earnings Snapshot

DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $14.6 million in its first quarter.

The bank, based in Doraville, Georgia, said it had earnings of 57 cents per share.

The company posted revenue of $57.9 million in the period. Its revenue net of interest expense was $32.7 million, topping Street forecasts.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MCBS at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up