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MetroCity: Q4 Earnings Snapshot

DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $18.3 million in its fourth quarter.

The Doraville, Georgia-based bank said it had earnings of 68 cents per share.

The company posted revenue of $68.1 million in the period. Its revenue net of interest expense was $43.7 million, topping Street forecasts.

For the year, the company reported profit of $68.7 million, or $2.64 per share. Revenue was reported as $155.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBS at https://www.zacks.com/ap/MCBS

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updated by pwenzel 3:13pm
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