financetom
Business
financetom
/
Business
/
MetroCity Bankshares Falls After Q3 Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MetroCity Bankshares Falls After Q3 Results
Oct 18, 2024 9:29 AM

12:10 PM EDT, 10/18/2024 (MT Newswires) -- MetroCity Bankshares ( MCBS ) shares fell 1.4% in recent Friday trading after the company reported its Q3 financial results.

The company reported Q3 earnings of $0.65 per diluted share, up from $0.45 per share.

An analyst polled by S&P Capital IQ expected $0.64.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and noninterest income, was $36.9 million, up from $26.8 million a year earlier.

An analyst polled by S&P Capital IQ expected $36.2 million.

Price: 31.95, Change: -0.46, Percent Change: -1.42

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EXPLAINER-What could be behind the Iberian power outage?
EXPLAINER-What could be behind the Iberian power outage?
May 25, 2025
LONDON, April 29 (Reuters) - The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. CYBER ATTACK? Portugal's Prime Minister Luis Montenegro has said there was no indication of a cyberattack, but both countries are...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BBVA warns of US tariff uncertainty on Mexican business
BBVA warns of US tariff uncertainty on Mexican business
May 25, 2025
By Jesús Aguado MADRID (Reuters) - Spain's BBVA on Tuesday warned of the potential impact of U.S. tariffs on its Mexican unit and said the fallout could curb growth in loan income, although a solid performance in Spain helped the bank beat first-quarter profit expectations. BBVA and peer Santander have depended on Latin American markets to offset pressure from lower...
Armstrong World Industries' Q1 Adjusted Earnings, Revenue Rise; Maintains 2025 Guidance
Armstrong World Industries' Q1 Adjusted Earnings, Revenue Rise; Maintains 2025 Guidance
May 25, 2025
06:20 AM EDT, 04/29/2025 (MT Newswires) -- Armstrong World Industries ( AWI ) reported Q1 adjusted earnings Tuesday of $1.66 per diluted share, up from $1.38 a year earlier. Analysts polled by FactSet expected $1.53. Revenue for the quarter ended March 31 was $382.7 million compared with $326.3 million a year earlier. Analysts surveyed by FactSet expected $370.6 million. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved