MetroCity Bankshares (MCBS) Mortgage Banking (2018 - 2021)
MetroCity Bankshares (MCBS) posted quarterly Mortgage Banking of $166000.0 for Q1 2021, down 55.38% year-over-year from $372000.0 in Q1 2020, and up 302.44% quarter-over-quarter from -$82000.0 in Q4 2020.
MetroCity Bankshares (MCBS) Mortgage Banking (2018 - 2021) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Mortgage Banking for 4 consecutive years, with $166000.0 the latest figure, recorded in Q1 2021.
- In Q1 2021, Mortgage Banking fell 55.38% year-over-year to $166000.0; the TTM figure through Mar 2021 stood at $1.1 million (down 86.77% YoY), while the FY2020 annual figure was $1.3 million, down 85.93% from the prior year.
- Mortgage Banking climbed to $166000.0 in Q1 2021 per MCBS's latest filing, from -$82000.0 in the prior quarter.
- Across five years, Mortgage Banking topped out at $3.3 million in Q2 2019 and bottomed at -$82000.0 in Q4 2020.
- Historically, Mortgage Banking has averaged $1.5 million across 4 years, with a median of $1.3 million in 2019.
- Annual changes were most pronounced in 2019 — Mortgage Banking dropped 21.7% — and 2020, when it tumbled 104.01%.
- MetroCity Bankshares' Mortgage Banking stood at $2.7 million in 2018, then decreased by 24.64% to $2.0 million in 2019, then sank by 104.01% to -$82000.0 in 2020, then soared by 302.44% to $166000.0 in 2021.
- Business Quant data shows MCBS's Mortgage Banking at $166000.0 in Q1 2021, -$82000.0 in Q4 2020, and $235000.0 in Q3 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | MetroCity Bankshares | 1.02 Bn | 752.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 166,000.00 |
| Dec 31, 2020 | -82,000.00 |
| Sep 30, 2020 | 235,000.00 |
| Jun 30, 2020 | 783,000.00 |
| Mar 31, 2020 | 372,000.00 |
| Dec 31, 2019 | 2.05 Mn |
| Sep 30, 2019 | 2.59 Mn |
| Jun 30, 2019 | 3.32 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Dec 31, 2018 | 2.72 Mn |
| Sep 30, 2018 | 3.31 Mn |