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MetroCity Bankshares Posts $24.3 Million Third-Quarter Net Income

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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:

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.

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