MCBS
Income statement / Annual
Last year (2024), MetroCity Bankshares, Inc.'s total revenue was $212.91 M,
an increase of 77.88% from the previous year.
In 2024, MetroCity Bankshares, Inc.'s net income was $64.50 M.
See MetroCity Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$212.91 M |
$119.70 M |
$4.14 M |
$137.97 M |
$93.33 M |
$100.87 M |
$92.31 M |
$84.30 M |
$58.57 M |
$44.05 M |
| Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$3.50 M
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$212.91 M
|
$119.70 M
|
$4.14 M
|
$137.97 M
|
$93.33 M
|
$100.87 M
|
$95.81 M
|
$84.30 M
|
$58.57 M
|
$44.05 M
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1.04
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$35.57 M
|
$31.50 M
|
$30.50 M
|
$30.11 M
|
$25.50 M
|
$24.92 M
|
$25.92 M
|
$19.23 M
|
$15.94 M
|
$10.28 M
|
| Selling & Marketing Expenses |
$634,000.00
|
$614,000.00
|
$606,000.00
|
$541,000.00
|
$566,000.00
|
$649,000.00
|
$613,000.00
|
$634,265.00
|
$573,070.00
|
$481,983.00
|
| Selling, General & Administrative Expenses |
$634,000.00
|
$32.12 M
|
$31.11 M
|
$30.65 M
|
$26.07 M
|
$25.57 M
|
$26.53 M
|
$19.86 M
|
$16.51 M
|
$10.76 M
|
| Other Expenses |
$0.00
|
$15.61 M
|
-$15.01 M
|
-$86.01 M
|
-$70.63 M
|
-$65.57 M
|
-$52.51 M
|
-$45.49 M
|
-$37.43 M
|
-$25.18 M
|
| Operating Expenses |
$634,000.00
|
$47.73 M
|
$606,000.00
|
-$55.35 M
|
-$44.57 M
|
-$40.00 M
|
-$25.14 M
|
-$25.63 M
|
-$20.92 M
|
-$14.42 M
|
| Cost And Expenses |
$634,000.00
|
$47.73 M
|
$606,000.00
|
-$55.35 M
|
-$44.57 M
|
-$40.00 M
|
-$25.14 M
|
-$25.63 M
|
-$20.92 M
|
-$14.42 M
|
| Interest Income |
$212.91 M
|
$192.83 M
|
$147.22 M
|
$108.74 M
|
$77.61 M
|
$83.21 M
|
$72.88 M
|
$60.51 M
|
$43.57 M
|
$33.37 M
|
| Interest Expense |
$94.77 M
|
$91.35 M
|
$27.61 M
|
$4.57 M
|
$11.49 M
|
$22.24 M
|
$14.68 M
|
$8.62 M
|
$5.24 M
|
$3.58 M
|
| Depreciation & Amortization |
$0.00
|
$0.00
|
$1.20 M
|
$1.20 M
|
$1.10 M
|
$1.00 M
|
$848,000.00
|
$531,000.00
|
$512,005.00
|
$603,162.00
|
| EBITDA |
$0.00 |
$0.00 |
$163,000.00 |
$85.49 M |
$0.00 |
$61.87 M |
$56.85 M |
$50.76 M |
-$285,844.00 |
-$329,095.00 |
| EBITDA Ratio |
0
|
0
|
29.65
|
0.62
|
0.55
|
0.63
|
0.78
|
0.7
|
0.65
|
0.69
|
| Operating Income Ratio |
1
|
0.6
|
28.72
|
0.6
|
0.52
|
0.6
|
0.77
|
0.7
|
0.64
|
0.67
|
| Total Other Income/Expenses Net |
-$124.97 M
|
$0.00
|
$163,000.00
|
$478,000.00
|
$0.00
|
$0.00
|
$0.00
|
$176,000.00
|
-$285,844.00
|
-$329,095.00
|
| Income Before Tax |
$87.31 M
|
$71.97 M
|
$91.22 M
|
$82.62 M
|
$48.76 M
|
$60.87 M
|
$56.00 M
|
$50.05 M
|
$32.42 M
|
$26.04 M
|
| Income Before Tax Ratio |
0.41
|
0.6
|
22.04
|
0.6
|
0.52
|
0.6
|
0.61
|
0.59
|
0.55
|
0.59
|
| Income Tax Expense |
$22.81 M
|
$20.36 M
|
$25.62 M
|
$20.92 M
|
$12.37 M
|
$16.15 M
|
$14.67 M
|
$18.15 M
|
$12.20 M
|
$9.43 M
|
| Net Income |
$64.50 M
|
$51.61 M
|
$62.60 M
|
$61.70 M
|
$36.39 M
|
$44.72 M
|
$41.33 M
|
$31.90 M
|
$20.22 M
|
$16.61 M
|
| Net Income Ratio |
0.3
|
0.43
|
15.13
|
0.45
|
0.39
|
0.44
|
0.45
|
0.38
|
0.35
|
0.38
|
| EPS |
2.51 |
2.05 |
2.46 |
2.41 |
1.42 |
1.82 |
1.71 |
1.34 |
0.86 |
0.7 |
| EPS Diluted |
2.51 |
2.02 |
2.44 |
2.39 |
1.41 |
1.81 |
1.69 |
1.32 |
0.86 |
0.7 |
| Weighted Average Shares Out |
$25.69 M
|
$25.21 M
|
$25.41 M
|
$25.57 M
|
$25.61 M
|
$24.53 M
|
$24.18 M
|
$23.86 M
|
$23.64 M
|
$22.97 M
|
| Weighted Average Shares Out Diluted |
$25.67 M
|
$25.52 M
|
$25.69 M
|
$25.79 M
|
$25.80 M
|
$24.73 M
|
$24.48 M
|
$24.14 M
|
$23.64 M
|
$23.64 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
