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MetroCity Bankshares, Inc is currently in a long term uptrend where the price is trading 13.3% above its 200 day moving average.
From a valuation standpoint, the stock is 52.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.3.
MetroCity Bankshares, Inc's total revenue rose by 1.1% to $25M since the same quarter in the previous year.
Its net income has dropped by 11.4% to $9M since the same quarter in the previous year.
Finally, its free cash flow grew by 111.1% to $9M since the same quarter in the previous year.
Based on the above factors, MetroCity Bankshares, Inc gets an overall score of 4/5.
| Industry | Banks-Regional |
|---|---|
| Sector | Financial Services |
| ISIN | US59165J1051 |
| CurrencyCode | USD |
| Exchange | NASDAQ |
| Dividend Yield | 4.3% |
|---|---|
| Target Price | 19.25 |
| Beta | 0.39 |
| PE Ratio | 6.7 |
| Market Cap | 411M |
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. It offers customary banking services, such as consumer and commercial checking accounts, savings accounts, and certificates of deposit. The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; and commercial and industrial loans, residential mortgage loans, and SBA loans. In addition, it offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and telephone banking services. Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including wire transfer, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company was founded in 2006 and is headquartered in Doraville, Georgia.
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