Short answer
MetroCity Bankshares, Inc. (MCBS) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $70M (up 30.3% year over year) with net income of $22M.
Q2 2026 key financials · XBRL
- Revenue
- $70M
- +30.3% YoY · −0.8% QoQ
- Net income
- $22M
- +31.5% YoY · −0.8% QoQ
- EPS (diluted)
- $0.76
- +15.2% YoY · −1.3% QoQ
Source: XBRL data from the MetroCity Bankshares, Inc. (MCBS) Q2 2026 10-Q on SEC EDGAR. USD.
MetroCity Bankshares, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net interest income $44.0M, up $11.9M YoY; net income $22.1M, up 31.5% from $16.8M
- Net interest margin 4.11% vs 3.77% YoY; efficiency ratio 40.08% vs 37.23%
- Commercial real estate strongest loan category, average balance $1.45B and interest income $29.5M
- Mortgage weakest activity, production $75.4M vs $93.2M and mortgage servicing income $271K vs $781K
- Interest-rate hedges totaled $750.0M; estimated remaining-2026 interest-expense credit approximately $1.9M
Risk Factors
- No material changes to risk factors disclosed in the 2025 Form 10-K
- Regulatory compliance risk: share repurchases conducted under SEC Rules 10b-18 and 10b5-1
- Capital allocation risk: repurchase authorization ended in second quarter 2026
- Market risk: repurchases subject to market and other conditions
- Financial flexibility risk: no common shares repurchased during three months ended June 30, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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