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MetroCity Bankshares, Inc. (MCBS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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14.35+0.02 (+0.14%)
At close: 4:00PM EST
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  • S
    Sam
    IPO at $13.5 seemed to be on the cheap side. Book is $8.00 ($8.15 after IPO) and trailing ROE is 25.3%.
    MCBS has a mortgage banking business. It is more balanced than a typical SBA lender bank like CBBI. Besides, it has sizable operation providing SBA and mortgage loans services for third parties.
    SBA loan competition was fierce and drove down resale premium late last year. Premium recovered about half. Unlikely to recover fully. Growth into Florida holds some promise.
    Mortgage banking results dipped in 3Q on favorable interest rates and local condition. Odd.
    Moderate growth expected unless there is acquisition, which is hardly its style.
    ROE should remain above 20%.
    MCBS does not need the capital for organic growth, this IPO served to create a more robust market for existing shareholders.
  • Y
    Yahoo Finance Insights
    MCBS is down 12.84% to 13.51
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 11.04
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 11.04
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 11.83
  • Y
    Yahoo Finance Insights
    MCBS reached a 52 Week low at 11.83
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 10.73
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 12.88
  • Y
    Yahoo Finance Insights
    MCBS reached a 52 Week low at 12.88
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    Yahoo Finance Insights
    MCBS reached a 52 Week low at 10.73
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    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 10.04
  • Y
    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 8.62
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    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 8.31
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    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 9.00
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    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 8.91
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    Yahoo Finance Insights
    MetroCity Bankshares reached a 52 Week low at 9.69
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    Yahoo Finance Insights
    MCBS reached an all time high at 17.78
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    Yahoo Finance Insights
    MCBS reached an all time high at 18.17
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    Yahoo Finance Insights
    MetroCity Bankshares is down 12.24% to 12.05
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    Yahoo Finance Insights
    MetroCity Bankshares is up 12.29% to 11.60