MetroCity Bankshares (MCBS) Loans - Loss Allowance: 2018-2024
Historic Loans - Loss Allowance for MetroCity Bankshares (MCBS) over the last 7 years, with Dec 2024 value amounting to $18.7 million.
- MetroCity Bankshares' Loans - Loss Allowance fell 3.49% to $17.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $17.9 million, marking a year-over-year decrease of 3.49%. This contributed to the annual value of $18.7 million for FY2024, which is 3.49% up from last year.
- Latest data reveals that MetroCity Bankshares reported Loans - Loss Allowance of $18.7 million as of FY2024, which was up 3.49% from $18.1 million recorded in FY2023.
- MetroCity Bankshares' Loans - Loss Allowance's 5-year high stood at $18.7 million during FY2024, with a 5-year trough of $10.1 million in FY2020.
- Over the past 3 years, MetroCity Bankshares' median Loans - Loss Allowance value was $18.1 million (recorded in 2023), while the average stood at $16.9 million.
- Per our database at Business Quant, MetroCity Bankshares' Loans - Loss Allowance surged by 67.26% in 2021 and then declined by 18.07% in 2022.
- Yearly analysis of 5 years shows MetroCity Bankshares' Loans - Loss Allowance stood at $10.1 million in 2020, then skyrocketed by 67.26% to $17.0 million in 2021, then dropped by 18.07% to $13.9 million in 2022, then spiked by 30.41% to $18.1 million in 2023, then rose by 3.49% to $18.7 million in 2024.