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MetroCity Bankshares Falls After Q3 Results
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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

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