MetroCity Bankshares (MCBS) reported third-quarter 2026 net income of $24.3 million, or $0.84 per diluted share, compared with $22.1 million, or $0.76 per diluted share, in the prior quarter. Net income was $17.3 million, or $0.67 per diluted share, in the third quarter of 2025.
For the nine months ended September 30, 2026, net income totaled $68.7 million, or $2.37 per diluted share, compared with $50.4 million, or $1.96 per diluted share, a year earlier.
- Third-quarter net interest income was $43.6 million, compared with $44.0 million in the second quarter.
- Net interest margin was 4.07%, compared with 4.11% in the prior quarter and 3.68% a year earlier.
- Total assets were $4.60 billion at September 30, 2026, while deposits were $3.56 billion.
- Gross loans held for investment were $3.98 billion, and nonperforming assets totaled $20.6 million.
- The effective tax rate was 13.1% for the third quarter, compared with 27.7% in the second quarter.
$MCBS Hedge Fund Activity
We have seen 69 institutional investors add shares of $MCBS stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 309,326 shares (+20.6%) to their portfolio in Q2 2026, for an estimated $11,101,710
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 183,392 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,581,938
- AMERICAN CENTURY COMPANIES INC added 112,050 shares (+17.9%) to their portfolio in Q2 2026, for an estimated $4,021,474
- GOLDMAN SACHS GROUP INC removed 106,289 shares (-66.6%) from their portfolio in Q2 2026, for an estimated $3,814,712
- GEODE CAPITAL MANAGEMENT, LLC added 76,869 shares (+14.8%) to their portfolio in Q2 2026, for an estimated $2,758,828
- DIMENSIONAL FUND ADVISORS LP added 53,486 shares (+10.7%) to their portfolio in Q2 2026, for an estimated $1,919,612
- LOS ANGELES CAPITAL MANAGEMENT LLC removed 47,561 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,706,964
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.