METROCITY BANKSHARES, INC. REPORTS EARNINGS FOR SECOND QUARTER 2026
MetroCity Bankshares reported Q2 2026 net income of $22.1 million, or $0.76 per diluted share, representing a 31.5% increase from the prior year due to the First IC acquisition. Net interest margin expanded by 34 basis points year-over-year to 4.11%, while return on average equity remained robust at 17.52%.
Key figures
- Eps
- 0.76
- Roe
- 17.52%
- Net income
- 22131000
- Total assets
- 4519954000
- Efficiency ratio
- 40.08%
- Net interest income
- 44041000
- Net interest margin
- 4.11%
- Nonperforming assets
- 18735000
- Tangible book value per share
- 17.37
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