MetroCity Bankshares, Inc. (MCBS)

In the past six months, MetroCity Bankshares, Inc. experienced several stock events, including the acquisition of First IC Corporation, which was completed on December 2, 2025, and is projected to increase the combined entity's assets and boost MetroCity shareholders' earnings per share. The company declared a quarterly cash dividend of $0.25 per share on October 15, 2025. MetroCity Bankshares reported its Q3 2025 earnings on October 17, 2025, showing an increase in income, and reported its Q2 2025 earnings on July 18, 2025, with net income of $16.8 million. As of December 19, 2025, the share price was $27.98, representing a decline of 13.11% from December 23, 2024. The consensus analyst rating for MCBS is "Hold," with an average price target of $31.00. The company also has an ongoing share repurchase initiative.

Information directly detailing the demand seasonality for MetroCity Bankshares, Inc.'s specific products and services is not available. However, historical stock price data indicates some seasonality in its stock performance, with October historically showing the highest probability of a positive return and February showing the lowest.

MetroCity Bankshares, Inc. is a bank holding company operating through Metro City Bank, providing commercial banking services in the United States. The company offers consumer and commercial checking accounts, savings accounts, money market accounts, and certificates of deposit. They also provide various commercial and consumer loans, online and mobile banking, ATM and telephone banking, debit cards, and treasury management services. The company primarily serves small business owners, professionals, consumers, and real estate developers, focusing on multi-ethnic communities, especially Asian-American and Korean-American populations.

MetroCity Bankshares, Inc. is headquartered in Doraville, Georgia, and operates through Metro City Bank, which has over 20 full-service branch locations in multi-ethnic communities across seven states: Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. The acquisition of First IC Corporation, completed on December 2, 2025, is expected to extend MetroCity Bankshares' presence into Southern California, integrating First IC Corporation's ten banking locations.

MetroCity Bankshares' brand reputation appears stable and positively influenced by its strategic growth and community focus. The bank's brand positioning emphasizes community, trust, and personalized financial solutions, particularly for Korean-American and other ethnic communities, as well as small and medium-sized businesses. The successful acquisition of First IC Corporation is expected to expand its market reach and asset base, strengthening its competitive standing and potentially improving its brand perception.

MetroCity Bankshares, Inc. has a diverse ownership structure, with significant stakes held by institutional and individual investors. Insiders collectively held 26.45% of the company's shares as of July 15, 2025. Key individual owners include Nack Y. Paek, the founder, Chairman, and CEO, and Farid Tan, President and Director. Retail investors hold approximately 48% ownership as of March 11, 2025. Institutional investors collectively hold 24.59% of shares as of July 15, 2025, with major holders including BlackRock, Inc., Vanguard Group Inc., and State Street Corp.