NASDAQ$MCBS

Metrocity Bankshares Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Metrocity reported a net income for Q4 2019.

Metrocity Bankshares, Inc. reported a net income of $10.7 million, or $0.42 per diluted share, for the fourth quarter of 2019, compared to $9.7 million, or $0.40 per diluted share, for the fourth quarter of 2018.

  • Net income of $10.7 million, or $0.42 per diluted share.
  • Annualized return on average assets was 2.57%.
  • Annualized return on average equity was 20.40%.
  • Efficiency ratio of 40.5%.

Headline financials

Total Revenue

$24.3M

Previous: $20M+21.3%
EPS (adj)

$0.42

Previous: $0.20+110.0%
Efficiency Ratio

40.5%

No prior period
Net Charge-offs to Avg Loans

0.0%

No prior period
Nonperforming Assets to Total Assets

0.9%

No prior period
Allowance for Loan Losses to NPL

46.5%

No prior period
Gross Loans to Deposits

89.0%

No prior period
Noninterest Bearing Deposits Ratio

22.3%

No prior period
Return on Average Assets

2.6%

No prior period
Return on Average Equity

20.4%

No prior period
Capital Expenditures

$240K

Previous: $856K-72.0%
Free Cash Flow

-$79.4M

Previous: -$143M+44.6%
Net Income

$10.7M

Previous: $9.74M+9.6%
Operating Income

$14.5M

No prior period
Cash & Equivalents

$276M

Previous: $138M+99.7%
Total Assets

$1.63B

Previous: $1.43B+13.9%

Revenue & EPS history

Metrocity · Revenue · Quarterly

$24.3M

Q4 2019+21.3%vs Q4 2018
Beat estimate in 2 of 4 quarters(50%)
ActualEstimate

Revenue by segment

Metrocity · $20.6M total across 3 segments · Q4 2019

  • Loans including fees
    $19.5M
  • Other investment income
    $1.02M
  • Federal funds sold
    $119K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+2.8%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+3.9%

Avg return

30 days after

52%

17 / 33 earnings

Positive

+18.3%

Q1 2019

Best reaction

-7.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.6%+1.2%+3.3%
Q4 2025+2.8%+8.8%+2.5%
Q3 2025-2.7%-2.1%+1.9%
Q2 2025-1.9%-0.9%+0.8%
Q1 2025+2.1%+1.3%+0.4%
Q4 2024-0.7%-1.5%-3.6%
Q3 2024-7.0%-5.8%+4.6%
Q2 2024+8.0%+6.2%-2.9%
Q1 2024+7.2%+7.4%+14.1%
Q4 2023-1.6%-0.7%-4.1%
Q3 2023-1.7%-0.6%+9.5%
Q2 2023+0.1%+6.2%-4.0%
Q1 2023-0.7%-2.0%-1.2%
Q4 2022-2.6%-5.1%-1.9%
Q3 2022-0.6%+0.9%+3.5%
Q2 2022-2.4%-0.8%+4.4%
Q1 2022-2.5%-6.6%-10.9%
Q4 2021+4.6%+0.2%-4.3%
Q3 2021+3.3%+4.5%+24.5%
Q2 2021+3.7%+7.9%+15.8%
Q1 2021+5.9%+5.5%+14.5%
Q4 2020+1.7%-2.3%+0.3%
Q3 2020-2.5%-4.2%-0.8%
Q2 2020-0.1%+2.4%+6.2%
Q1 2019+18.3%+15.1%+55.5%
Q1 2020+12.9%+20.8%+5.2%
Q4 2017+15.5%+10.9%-1.2%
Q2 2019+15.5%+10.9%-1.2%
Q4 2018+15.5%+10.9%-1.2%
Q4 2019-2.6%-6.5%-20.4%
Q3 2018+0.0%-0.4%+15.1%
Q3 2019+3.9%+4.3%+1.4%
Q2 2018-0.4%
Q1 2018
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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