MCBS
Income statement / Annual
Last year (2023), MetroCity Bankshares, Inc.'s total revenue was $119.70 M,
an increase of 2,792.65% from the previous year.
In 2023, MetroCity Bankshares, Inc.'s net income was $51.61 M.
See MetroCity Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$35.29 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
-$3.50 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$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 |
$35.29 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1.04 |
1 |
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 |
$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
|
$0.00
|
| Selling & Marketing
Expenses |
$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
|
$0.00
|
| Selling, General &
Administrative Expenses |
$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
|
$9.98 M
|
| Other Expenses |
$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 |
$0.00 |
| Operating Expenses |
$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 |
$15.46 M |
| Cost And Expenses |
$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 |
$15.46 M |
| Interest Income |
$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 |
$0.00 |
| Interest Expense |
$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 |
$0.00 |
| Depreciation &
Amortization |
$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
|
-$19.83 M
|
| EBITDA |
$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
|
$0.00
|
| EBITDA Ratio |
0 |
29.65 |
0.62 |
0.55 |
0.63 |
0.78 |
0.7 |
0.65 |
0.69 |
0 |
| Operating Income Ratio
|
0.6
|
28.72
|
0.6
|
0.52
|
0.6
|
0.77
|
0.7
|
0.64
|
0.67
|
0.56
|
| Total Other
Income/Expenses Net |
$0.00
|
$163,000.00
|
$478,000.00
|
$0.00
|
$0.00
|
$0.00
|
$176,000.00
|
-$285,844.00
|
-$329,095.00
|
$0.00
|
| Income Before Tax |
$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 |
$19.83 M |
| Income Before Tax Ratio
|
0.6
|
22.04
|
0.6
|
0.52
|
0.6
|
0.61
|
0.59
|
0.55
|
0.59
|
0.56
|
| Income Tax Expense |
$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 |
$7.33 M |
| Net Income |
$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 |
$12.50 M |
| Net Income Ratio |
0.43 |
15.13 |
0.45 |
0.39 |
0.44 |
0.45 |
0.38 |
0.35 |
0.38 |
0.35 |
| EPS |
2.05 |
2.46 |
2.41 |
1.42 |
1.82 |
1.71 |
1.34 |
0.86 |
0.7 |
0.59 |
| EPS Diluted |
2.02 |
2.44 |
2.39 |
1.41 |
1.81 |
1.69 |
1.32 |
0.86 |
0.7 |
0.59 |
| Weighted Average Shares
Out |
$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
|
$21.13 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$21.13 M
|
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