Metrocity Bankshares Inc reports results for the quarter ended in March - Earnings Summary

MetroCity Bankshares

23/04/2021 16:37

* Metrocity Bankshares Inc  MCBS.OQ  reported quarterly adjusted
earnings of 50 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 41 cents per share.
* Revenue rose 26.9% to $29.72 million from a year ago​; 
analysts expected $26.37 million.
* Metrocity Bankshares Inc's reported EPS for the quarter was 50
cents​.
* The mean earnings estimate of analysts had risen by
about 18.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Metrocity Bankshares Inc shares had fallen by 3.7% this
quarter and gained 2.7% so far this year.
* The company reported quarterly net income of $12.98 million.
* Wall Street's median 12-month price target for Metrocity
Bankshares Inc is $17.75 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 23 at 03:37 p.m. GMT.
​All figures in US Dollars.​