| Market Capitalization (Millions $) |
1,008 |
| Shares
Outstanding (Millions) |
29 |
| Employees |
317 |
| Revenues (TTM) (Millions $) |
185 |
| Net Income (TTM) (Millions $) |
80 |
| Cash Flow (TTM) (Millions $) |
102 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Metrocity Bankshares Inc. is a financial holding company that is headquartered in Duluth, Georgia, USA. It specializes in providing banking services to small and medium-sized businesses, professionals, and individuals. The company operates through its subsidiary, Metro City Bank, which was founded in 2006.
Metro City Bank is a state-chartered commercial bank that provides a wide range of banking services including deposit accounts, personal loans, commercial loans, residential mortgages, and wealth management services. It has more than 24 branches across the United States and a network of ATMs. The bank is focused on serving the growing Asian-American population in the U.S. with bilingual staff and a wide range of products and services tailored to their specific needs.
Metrocity Bankshares Inc is listed on the NASDAQ exchange and its stocks trade under the symbol MCBS. As of 2021, the company has a market capitalization of over $550 million. Its stock price has been steadily increasing since its initial public offering in 2018, reflecting investor confidence in the growth potential of the banking industry.
In recent years, Metrocity Bankshares Inc has been expanding its operations and branching out into new markets. It has acquired several other financial institutions, including First Vietnamese American Bank in 2017 and Fidelity Bank in 2020. These acquisitions have enabled the company to expand its customer base and enter new markets, further strengthening its position in the banking industry.
Metrocity Bankshares Inc prides itself on its commitment to providing exceptional customer service that caters to the needs of its diverse clientele. The companyes Asian-American roots and bilingual staff enable it to connect with customers from different cultural backgrounds and provide customized financial solutions that meet their specific needs. Its focus on innovation and technology has also enabled it to stay ahead of the competition and continue to grow and expand its operations.
Company Address: 5114 Buford Highway Doraville 30340 GA
Company Phone Number: 455-4989 Stock Exchange / Ticker: NASDAQ MCBS
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3.57 %