Recap: MetroCity Bankshares Q4 Earnings

MetroCity Bankshares MCBS reported its Q4 earnings results on Monday, January 24, 2022 at 12:31 PM.

Here's what investors need to know about the announcement.

MetroCity Bankshares beat estimated earnings by 3.03%, reporting an EPS of $0.68 versus an estimate of $0.66, which did not surprise analysts.

Revenue was up $12.55 million from the same period last year.

Last quarter the company beat on EPS by $0.05, which was followed by a 3.48% increase in the share price the next day.

Here's a look at MetroCity Bankshares's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.61	0.53	0.41	0.34
EPS Actual	0.66	0.56	0.50	0.37
Revenue Estimate	34.77M	30.27M	26.37M	23.67M
Revenue Actual	37.72M	33.42M	29.72M	24.57M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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