MetroCity Bankshares (NASDAQ:MCBS) Hits New 1-Year High – Time to Buy?

Posted by Francis Steltz on Jun 11th, 2026

MetroCity Bankshares, Inc. (NASDAQ:MCBS – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $35.00 and last traded at $34.54, with a volume of 103045 shares changing hands. The stock had previously closed at $34.27.

Analyst Ratings Changes

A number of equities research analysts have commented on MCBS shares. Wall Street Zen raised MetroCity Bankshares from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Keefe, Bruyette & Woods raised their target price on MetroCity Bankshares from $32.00 to $33.00 and gave the company a “market perform” rating in a report on Thursday, April 9th. Finally, Weiss Ratings raised MetroCity Bankshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, MetroCity Bankshares currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

Get Our Latest Research Report on MCBS

MetroCity Bankshares Stock Up 0.8%

The firm has a market cap of $989.92 million, a price-to-earnings ratio of 12.47 and a beta of 0.71. The company has a current ratio of 1.21, a quick ratio of 1.20 and a debt-to-equity ratio of 0.77. The firm has a 50 day moving average price of $31.92 and a 200-day moving average price of $29.32.

MetroCity Bankshares (NASDAQ:MCBS – Get Free Report) last released its quarterly earnings results on Friday, April 24th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.07. The business had revenue of $50.84 million during the quarter, compared to the consensus estimate of $50.80 million. MetroCity Bankshares had a return on equity of 15.09% and a net margin of 28.16%.

MetroCity Bankshares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Wednesday, April 29th were paid a dividend of $0.29 per share. This is a boost from MetroCity Bankshares’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a $1.16 annualized dividend and a dividend yield of 3.4%. MetroCity Bankshares’s dividend payout ratio is presently 41.88%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MCBS. HoldCo Asset Management LP acquired a new position in shares of MetroCity Bankshares during the 4th quarter worth $2,671,000. Renaissance Technologies LLC acquired a new position in shares of MetroCity Bankshares during the 1st quarter worth $1,134,000. Goldman Sachs Group Inc. raised its stake in shares of MetroCity Bankshares by 122.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 67,996 shares of the company’s stock worth $1,805,000 after buying an additional 37,372 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of MetroCity Bankshares during the 1st quarter worth $717,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in MetroCity Bankshares during the 3rd quarter worth about $612,000. Institutional investors and hedge funds own 25.33% of the company’s stock.

MetroCity Bankshares Company Profile

(Get Free Report)

MetroCity Bankshares, Inc is a bank holding company headquartered in Houston, Texas. Through its wholly owned subsidiary, MetroCity Bank, the company provides a range of banking and financial services to individuals and businesses. MetroCity Bankshares focuses on community banking, leveraging local expertise to support the financial needs of the greater Houston metropolitan area.

MetroCity Bank offers traditional deposit products, including checking and savings accounts, money market accounts and certificates of deposit.