MetroCity Bankshares Reports Q3 2025 Net Income of $17.3 Million

Reuters

2025/10/17

MetroCity Bankshares Reports Q3 2025 Net Income of $17.3 Million

MetroCity Bankshares Inc. reported net income of $17.3 million for the third quarter of 2025, up from $16.8 million in the second quarter of 2025 and $16.7 million in the third quarter of 2024. For the nine months ended September 30, 2025, net income was $50.4 million, compared to $48.3 million for the same period in 2024. The annualized return on average assets was 1.89% in the third quarter of 2025, compared to 1.87% in the previous quarter and 1.86% in the third quarter of 2024. The efficiency ratio for the nine-month period ended September 30, 2025, was 38.1%, compared to 36.9% for the same period in 2024. Net interest margin increased to 3.71% for the nine-month period, up from 3.50% in the prior year period. MetroCity also announced the expected completion of its merger with First IC Corporation and First IC Bank later in the fourth quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metrocity Bankshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL00397) on October 17, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metrocity Bankshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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For the nine months ended September 30, 2025, net income was $50.4 million, compared to $48.3 million for the same period in 2024. The annualized return on average assets was 1.89% in the third quarter of 2025, compared to 1.87% in the previous quarter and 1.86% in the third quarter of 2024. The efficiency ratio for the nine-month period ended September 30, 2025, was 38.1%, compared to 36.9% for the same period in 2024. Net interest margin increased to 3.71% for the nine-month period, up from 3.50% in the prior year period. MetroCity also announced the expected completion of its merger with <a href=\"https://laohu8.com/S/FIEB\">First IC Corporation</a> and First IC Bank later in the fourth quarter of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metrocity Bankshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL00397) on October 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FIEB","symbol_name":"First IC Corporation","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251017:nNDL8Y5QBY:1","article_id":"2576605945","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576605945","pubTimestamp":1760711443,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"MetroCity Bankshares Inc. reported net income of $17.3 million for the third quarter of 2025, up from $16.8 million in the second quarter of 2025 and $16.7 million in the third quarter of 2024. For the nine months ended September 30, 2025, net income was $50.4 million, compared to $48.3 million for the same period in 2024. The annualized return on average assets was 1.89% in the third quarter of 2025, compared to 1.87% in the previous quarter and 1.86% in the third quarter of 2024. The efficiency ratio for the nine-month period ended September 30, 2025, was 38.1%, compared to 36.9% for the same period in 2024. Net interest margin increased to 3.71% for the nine-month period, up from 3.50% in the prior year period. MetroCity also announced the expected completion of its merger with First IC Corporation and First IC Bank later in the fourth quarter of 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FIEB":"First IC Corporation","BK4211":"区域性银行","MCBS":"MetroCity Bankshares Inc"},"translate_title":"MetroCity Bankshares报告2025年第三季度净利润为1,730万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCBS":0.9,"FIEB":0.9},"content_text":"MetroCity Bankshares Reports Q3 2025 Net Income of $17.3 Million\n    \n\nMetroCity Bankshares Inc. reported net income of $17.3 million for the third quarter of 2025, up from $16.8 million in the second quarter of 2025 and $16.7 million in the third quarter of 2024. For the nine months ended September 30, 2025, net income was $50.4 million, compared to $48.3 million for the same period in 2024. The annualized return on average assets was 1.89% in the third quarter of 2025, compared to 1.87% in the previous quarter and 1.86% in the third quarter of 2024. The efficiency ratio for the nine-month period ended September 30, 2025, was 38.1%, compared to 36.9% for the same period in 2024. Net interest margin increased to 3.71% for the nine-month period, up from 3.50% in the prior year period. MetroCity also announced the expected completion of its merger with First IC Corporation and First IC Bank later in the fourth quarter of 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metrocity Bankshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL00397) on October 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}