MetroCity Bankshares (MCBS) Loans - Adjustments (2018 - 2023)
MetroCity Bankshares (MCBS) posted quarterly Loans - Adjustments of $9.3 million for Q1 2023, up 53.69% year-over-year from $6.1 million in Q1 2022, and down 3.53% quarter-over-quarter from $9.6 million in Q4 2022.
MetroCity Bankshares (MCBS) Loans - Adjustments (2018 - 2023) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Loans - Adjustments for 6 consecutive years, with $9.3 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Loans - Adjustments rose 53.69% year-over-year to $9.3 million; the TTM figure through Mar 2023 stood at $9.3 million (up 53.69% YoY), while the FY2022 annual figure was $9.6 million, up 49.74% from the prior year.
- Loans - Adjustments slipped to $9.3 million in Q1 2023 per MCBS's latest filing, from $9.6 million in the prior quarter.
- Across five years, Loans - Adjustments topped out at $9.6 million in Q4 2022 and bottomed at $2.0 million in Q1 2020.
- Historically, Loans - Adjustments has averaged $6.0 million across 5 years, with a median of $6.4 million in 2021.
- Annual changes were most pronounced in 2021 — Loans - Adjustments surged 262.34% — and 2022, when it dropped 15.57%.
- MetroCity Bankshares' Loans - Adjustments stood at $2.0 million in 2019, then soared by 124.69% to $4.6 million in 2020, then jumped by 40.11% to $6.4 million in 2021, then soared by 49.74% to $9.6 million in 2022, then retreated by 3.53% to $9.3 million in 2023.
- Business Quant data shows MCBS's Loans - Adjustments at $9.3 million in Q1 2023, $9.6 million in Q4 2022, and $9.3 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 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 | - |
| 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 |
|---|---|
| Mar 31, 2023 | 9.30 Mn |
| Dec 31, 2022 | 9.64 Mn |
| Sep 30, 2022 | 9.25 Mn |
| Jun 30, 2022 | 7.22 Mn |
| Mar 31, 2022 | 6.05 Mn |
| Dec 31, 2021 | 6.44 Mn |
| Sep 30, 2021 | 6.78 Mn |
| Jun 30, 2021 | 7.65 Mn |
| Mar 31, 2021 | 7.17 Mn |
| Dec 31, 2020 | 4.60 Mn |
| Sep 30, 2020 | 5.02 Mn |
| Jun 30, 2020 | 4.91 Mn |
| Mar 31, 2020 | 1.98 Mn |
| Dec 31, 2019 | 2.05 Mn |
| Sep 30, 2019 | 2.36 Mn |
| Dec 31, 2018 | 2.14 Mn |