MetroCity Bankshares, Inc.

MCBS · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$234,429$209,383$162,286$139,207
% Growth12%29%16.6%
Cost of Goods Sold$95,283$91,333$24,842$11,501
Gross Profit$139,146$118,050$137,444$127,706
% Margin59.4%56.4%84.7%91.7%
R&D Expenses$0$0$0$0
G&A Expenses$35,567$31,504$32,293$31,523
SG&A Expenses$36,201$32,118$32,899$32,064
Sales & Mktg Exp.$634$614$606$541
Other Operating Expenses$15,631$13,960$13,328$13,023
Operating Expenses$51,832$46,078$46,227$45,087
Operating Income$87,314$71,972$91,217$82,619
% Margin37.2%34.4%56.2%59.3%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$87,314$71,972$91,217$82,619
Tax Expense$22,810$20,359$28,615$20,918
Net Income$64,504$51,613$62,602$61,701
% Margin27.5%24.7%38.6%44.3%
EPS2.552.052.582.41
% Growth24.4%-20.5%7.1%
EPS Diluted2.522.022.552.39
Weighted Avg Shares Out25,29625,17725,41025,602
Weighted Avg Shares Out Dil25,58225,51925,68925,789
Supplemental Information
Interest Income$212,913$192,827$147,220$108,741
Interest Expense$94,767$91,348$27,609$4,572
Depreciation & Amortization$2,960$2,687$3,875$2,809
EBITDA$90,274$74,659$95,092$85,428
% Margin38.5%35.7%58.6%61.4%
MetroCity Bankshares, Inc. (MCBS) Financial Statements & Key Stats | AlphaPilot