MetroCity Bankshares (MCBS) Change in Loans (2018 - 2022)
MetroCity Bankshares (MCBS) posted quarterly Change in Loans of $38.7 million for Q2 2022, down 82.85% year-over-year from $225.9 million in Q2 2021, and down 33.44% quarter-over-quarter from $58.2 million in Q1 2022.
MetroCity Bankshares (MCBS) Change in Loans (2018 - 2022) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Change in Loans for 5 consecutive years, with $38.7 million the latest figure, recorded in Q2 2022.
- In Q2 2022, Change in Loans fell 82.85% year-over-year to $38.7 million; the TTM figure through Dec 2022 stood at $96.9 million (down 88.93% YoY), while the FY2022 annual figure was $96.9 million, down 88.93% from the prior year.
- Change in Loans declined to $38.7 million in Q2 2022 per MCBS's latest filing, from $58.2 million in the prior quarter.
- Across five years, Change in Loans topped out at $269.9 million in Q3 2021 and bottomed at -$97.9 million in Q4 2019.
- Historically, Change in Loans has averaged $102.7 million across 5 years, with a median of $83.0 million in 2019.
- Annual changes were most pronounced in 2019 — Change in Loans plunged 166.72% — and 2021, when it surged 148.06%.
- MetroCity Bankshares' Change in Loans stood at $146.7 million in 2018, then slumped by 166.72% to -$97.9 million in 2019, then jumped by 197.39% to $95.3 million in 2020, then soared by 50.51% to $143.5 million in 2021, then tumbled by 73.0% to $38.7 million in 2022.
- Business Quant data shows MCBS's Change in Loans at $38.7 million in Q2 2022, $58.2 million in Q1 2022, and $143.5 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 194.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 5.79 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 299.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | MetroCity Bankshares | 1.02 Bn | 751.54 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 38.73 Mn |
| Mar 31, 2022 | 58.20 Mn |
| Dec 31, 2021 | 143.46 Mn |
| Sep 30, 2021 | 269.93 Mn |
| Jun 30, 2021 | 225.87 Mn |
| Mar 31, 2021 | 236.44 Mn |
| Mar 31, 2020 | 95.31 Mn |
| Dec 31, 2019 | -97.87 Mn |
| Sep 30, 2019 | 70.68 Mn |
| Jun 30, 2019 | -11.08 Mn |
| Mar 31, 2019 | 56.09 Mn |
| Dec 31, 2018 | 146.70 Mn |