MetroCity Bankshares Reports Q3 2025 Net Income of $17.3 Million
Reuters
Oct 17, 2025
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.
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