MetroCity Bankshares stock gains 1.02 percent as earnings hold steady

Published on 09/25/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MetroCity Bankshares stock posted USD 22.131 million in Q2 net income, down 0.82 percent from Q1. Deposits fell 3.78 percent to USD 3.489357 billion.

MCBS, US59164G1022, Illustration mit AI erstellt.

MetroCity Bankshares stock (ISIN US59164G1022) rose 1.02 percent to USD 34.80 on Nasdaq on September 24, 2026, while the second-quarter net income of USD 22.131 million stayed close to the prior quarter's USD 22.314 million. The earnings profile is steady, but the deposit trend gives investors a more important signal about funding conditions.

Q2 profit slips 0.82 percent

MetroCity Bankshares reported diluted EPS of USD 0.76 for Q2/2026, compared with USD 0.77 in Q1/2026. IT BOLTWISE reported on September 23, 2026, that net income fell 0.82 percent quarter over quarter, while the net margin increased from 43 percent to 44 percent.

That combination matters because the lower EPS did not translate into a comparable margin decline. Net interest income was USD 44.041 million in Q2/2026, down from USD 44.487 million in Q1/2026, according to the same period comparison.

Deposits fall 3.78 percent

Deposits stood at USD 3.489357 billion at June 30, 2026, versus USD 3.626674 billion at March 31, 2026. The USD 137.317 million reduction is the clearest counterweight to the stable profit picture and makes balance-sheet funding a key operating measure.

Total assets also declined from USD 4.688347 billion in Q1/2026 to USD 4.519954 billion in Q2/2026. The figures show a smaller balance sheet alongside the deposit reduction, even as shareholders' equity increased from USD 554.156 million to USD 567.854 million.

Board change adds governance context

On August 19, 2026, MetroCity Bankshares announced that Don T.P. Leung would resign from the boards of MetroCity Bankshares and Metro City Bank effective September 17, 2026, according to The Globe and Mail. The announcement said the departure was not caused by a disagreement with management or company practices.

For the stock, the immediate balance is therefore numerical: quarterly profit was USD 22.131 million, but deposits contracted 3.78 percent and assets fell 3.59 percent quarter over quarter. The share price still gained 1.02 percent on September 24, 2026, suggesting that the market reaction was firmer than the balance-sheet trend alone.

Stock remains 7.10 percent below high

MCBS stood at USD 34.80 on Nasdaq on September 24, 2026, with a 52-week range of USD 24.53 to USD 37.46. The price was 7.10 percent below the high, while market capitalization was USD 997,369,462 and volume reached 90,691 shares.