MetroCity: Q3 Earnings Snapshot

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9:15 AM on Friday, October 18, 2024

The Associated Press

DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $16.7 million in its third quarter.

The bank, based in Doraville, Georgia, said it had earnings of 65 cents per share.

The company posted revenue of $60.4 million in the period. Its revenue net of interest expense was $36.9 million, surpassing Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBS at https://www.zacks.com/ap/MCBS

 

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