MetroCity Bankshares, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data MetroCity Bankshares, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Interest expense	8.62	14.7	22.2	11.5	4.57	27.6	91.3
Pre-tax income	50.1	56	60.9	48.8	82.6	91.2	72	87.3	92.7
Income tax	18.2	14.7	16.2	12.4	20.9	28.6	20.4	22.8	24.2
Net income	31.9	41.3	44.7	36.4	61.7	62.6	51.6	64.5	68.5
EPS, basic	1.34	1.71	1.82	1.42	2.41	2.46	2.05	2.55	2.66
EPS, diluted	1.32	1.69	1.81	1.41	2.39	2.44	2.02	2.52	2.64
Shares, basic (weighted)	23.9	24.2	24.5	25.6	25.6	25.4	25.2	25.3	25.7
Shares, diluted (weighted)	24.1	24.5	24.7	25.8	25.8	25.7	25.5	25.6	26
Dividend per share						0.60	0.72	0.83	0.96

Balance sheet

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	95.8	138	276	151	441	179	145	250	384
Property, plant and equipment		14.4	14.5	13.9	13.1	14.3	18.1	18.3	29.9
Lease right-of-use assets			12	10.3	9.34	8.46	8.47	7.85	15.2
Goodwill									56
Intangible assets									12.6
Total assets		1,433	1,632	1,897	3,106	3,427	3,503	3,594	4,768
Total liabilities		1,264	1,415	1,653	2,816	3,078	3,121	3,173	4,224
Paid-in capital		39.9	53.9	55.7	51.6	45.3	45.7	49.2	139
Retained earnings		129	163	189	239	286	315	359	403
Other comprehensive income		-0.1	-0	0.2	-0.17	18	20.2	13.2	1.67
Shareholders' equity	135	169	217	245	290	349	382	421	544
Total equity	135	169	217	245	290	349	382	421	544
Total liabilities and equity		1,433	1,632	1,897	3,106	3,427	3,503	3,594	4,768
Shares outstanding		24.3	25.5	25.7	25.5	25.2	25.2	25.4	28.8

Cash flow statement

	FY2017	FY2019	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	31.9	41.3	44.7	36.4	61.7	62.6	51.6	64.5	68.5
Depreciation and amortization	0.59	0.9	2.72	2.93	2.81	3.88	2.69	2.96	3.51
Stock-based compensation	0.72	1.5	1.53	1.82	1.43	1.93	2.42	2.63	2.91
Deferred income tax	-0.13	0.36	1.09	-1.95	-3.07	-2.96	1.01	0.35	0.64
Cash from operations	152	-161	32.2	143	65.4	135	82.1	63.5	37.7
Capital expenditures	-5.91	-2.86	-1.1	-0.54	-0.38	-2.35	-4.93	-1.29	-0.67
Purchases of investments					-11.5				-8
Sales and maturities of investments	8.04	2.08	3.3	3.75	2.85	2.89	1.27	0.64	2.64
Cash from investing	-278	109	-18.3	-478	-931	-652	-110	5.87	127
Stock issued	0.69		13.9					0.9
Share buybacks			-1.49		-5.54	-8.2	-2.02	-0.01	-2.73
Dividends paid	-5.4	-9.29	-10.4	-10.3	-11.8	-15.3	-18.2	-21.1	-24.8
Cash from financing	155	94.2	124	210	1,156	255	-6.51	35.7	-30.7
Net change in cash	29.3	42.6	138	-126	291	-262	-34.7	105	134
Free cash flow	146	-164	31.1	142	65	132	77.2	62.2	37
Interest paid	8.58	13.8	22.6	12.2	4.59	25.1	89.6	95.4	91.4
Income taxes paid	20.1	10.4	12.5	14.8	23.5	34.3	18	21.5	21.8

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $34.98 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	25.9%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	14.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.8%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	6.2%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	3.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	13.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	4.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	2.7%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	13.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-40.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-34.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-23.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-40.5%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-34.6%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-23.6%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	15.7%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	17.0%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	29.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	15.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	17.3%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	32.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	11.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	20.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	87.4%	Total liabilities / total assets.
Goodwill and intangibles / assets	1.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$499.8M	Shareholders' equity - goodwill - intangible assets.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.76	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share	$2.83	Cash from operations / diluted weighted shares.
Book value per share	$19.73	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$17.37	Tangible book value / shares outstanding.
Cash per share	$9.27	(Cash + short-term investments) / shares outstanding.
Payout ratio	36.0%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.01B	Share price x shares outstanding.
Enterprise value	$740.1M	Market cap + total debt - cash - short-term investments.
P/E	12.6x	Market cap / net income. Only when net income is positive.
P/B	1.77x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.01x	Market cap / tangible book value, when positive.
P/OCF	12.3x	Market cap / cash from operations, when positive.
Earnings yield	7.9%	Net income / market cap (the inverse of P/E).
Dividend yield	2.9%	Dividends paid over the period / market cap.
Shareholder yield	3.6%	(Dividends paid + share buybacks) / market cap.
PEG	4.74x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

Was MetroCity Bankshares, Inc. profitable in fiscal 2025?

Yes. Net income was $68.5M, a net margin of -.

How much free cash flow did MetroCity Bankshares, Inc. generate in fiscal 2025?

Cash from operations of $37.7M minus capital expenditures of $674.0K left free cash flow of $37.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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