Metrocity Bankshares Inc reports results for the quarter ended September 30 - Earnings Summary
Metrocity Bankshares Inc reports results for the quarter ended September 30 - Earnings Summary
Metrocity Bankshares Inc MCBS.OQ reported quarterly adjusted earnings of 84 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The lone analyst forecast for the quarter was for earnings of 84 cents per share.
Revenue rose 26.3% to $47.94 million from a year ago; analysts expected $51.30 million.
Metrocity Bankshares Inc's reported EPS for the quarter was 84 cents.
The company reported quarterly net income of $24.3 million.
Metrocity Bankshares Inc shares had risen by 4.3% this quarter and gained 34.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Metrocity Bankshares Inc is $38.00, about 5.9% above its last closing price of $35.74
This summary was machine generated from LSEG data October 26 at 12:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.84 | 0.84 | Met |
Jun. 30 2026 | 0.81 | 0.76 | Missed |
Mar. 31 2026 | 0.72 | 0.77 | Beat |
Dec. 31 2025 | 0.67 | 0.68 | Beat |
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