Thu, May 8, 4:18 PM (7 days ago)
**MetroCity Bankshares, Inc. (MCBS) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $52.5 million (up 0.3% YoY) - **Net Income:** $16.3 million (up 11.4% YoY) - **EPS:** $0.64 (basic) and $0.63 (diluted) - **Profit Margins:** Improved net interest margin (3.67% vs. 3.24% YoY) - **Cash Flow:** Positive operating cash flow ($11.9 million) - **Earnings Changes:** Increased net interest income ($3.5 million) and decreased income tax expense ($22,000) **Key Metrics:** - **Loans:** $3.14 billion (down 0.8% QoQ) - **Deposits:** $2.74 billion (up 0.01% QoQ) - **Asset Quality:** Nonperforming loans at 0.54% of total loans - **Capital Ratios:** Well-capitalized with strong regulatory ratios **Trends & Uncertainties:** - **Positive Trends:** Increased net interest income, improved profit margins - **Uncertainties:** Economic conditions, interest rate changes, regulatory environment **Future Operations Impact:** - **Growth:** Potential acquisition of First IC Corporation - **Risk Management:** Focus on credit risk, interest rate risk, and liquidity management **Conclusion:** MetroCity Bankshares, Inc. showed strong financial health in Q1 2025 with increased net income and improved profit margins. The bank continues to manage risks effectively and is well-positioned for future growth, pending regulatory approvals for the First IC Corporation acquisition.