MetroCity Bankshares (NASDAQ:MCBS) reported its Q4 earnings results on Monday, January 24, 2022 at 12:31 PM.
Here's what investors need to know about the announcement.
Earnings
MetroCity Bankshares beat estimated earnings by 3.03%, reporting an EPS of $0.68 versus an estimate of $0.66, which did not surprise analysts.
Revenue was up $12.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 3.48% increase in the share price the next day.
Here's a look at MetroCity Bankshares's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.61 | 0.53 | 0.41 | 0.34 |
| EPS Actual | 0.66 | 0.56 | 0.50 | 0.37 |
| Revenue Estimate | 34.77M | 30.27M | 26.37M | 23.67M |
| Revenue Actual | 37.72M | 33.42M | 29.72M | 24.57M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
