MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire transfer, automated clearing house, and cash management services. It serves small to medium-sized businesses, individuals, businesses, municipalities, and other entities. The company operates 19 full-service branch locations in Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. The company was founded in 2006 and is headquartered in Doraville, Georgia.
Revenue of MetroCity Bankshares, Inc. (MCBS)
Revenue in 2023 (TTM): $119.7 M
According to MetroCity Bankshares, Inc.'s latest financial reports the company's current revenue (TTM) is $119.7 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of MetroCity Bankshares, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $119.7 M | $119.7 M | $ | $71.97 M | $51.61 M |
| 2022 | $4.14 M | $4.14 M | $163 K | $91.22 M | $62.6 M |
| 2021 | $137.97 M | $137.97 M | $85.49 M | $82.62 M | $61.7 M |
| 2020 | $93.33 M | $93.33 M | $ | $48.76 M | $36.39 M |
| 2019 | $100.87 M | $100.87 M | $61.87 M | $60.87 M | $44.72 M |
| 2018 | $92.31 M | $95.81 M | $56.85 M | $56 M | $41.33 M |
| 2017 | $84.3 M | $84.3 M | $50.76 M | $50.05 M | $31.9 M |
| 2016 | $58.57 M | $58.57 M | $-285,844 | $32.42 M | $20.22 M |
| 2015 | $44.05 M | $44.05 M | $-329,095 | $26.04 M | $16.61 M |
| 2014 | $35.29 M | $35.29 M | $ | $19.83 M | $12.5 M |
| 2013 | $30.09 M | $30.09 M | $-78,202 | $16.38 M | $10.1 M |