Metrocity Bankshares Inc expected to post earnings of 62 cents a share - Earnings Preview

Reuters

Jan 17, 2025

Metrocity Bankshares Inc <mcbs.oq> expected to post earnings of 62 cents a share - Earnings Preview </mcbs.oq>

Metrocity Bankshares Inc MCBS.OQ MCBS.O is expected to show a rise in quarterly revenue when it reports results on January 21 for the period ending December 31 2024
The Doraville Georgia-based company is expected to report a 14.5% increase in revenue to $35.3 million from $30.83 million a year ago, according to the estimate from one analyst, based on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
LSEG's mean analyst estimate for Metrocity Bankshares Inc is for earnings of 62 cents per share.
The one available analyst rating on the shares is "hold".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Metrocity Bankshares Inc is $36.00, above its last closing price of $31.57.

This summary was machine generated January 17 at 11:07 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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