MetroCity Bankshares (MCBS) Mortgage Banking (2018 - 2021)

MetroCity Bankshares (MCBS) has 4 years of Mortgage Banking data on file, last reported at $166000.0 in Q1 2021.

• Mortgage Banking for Q1 2021 came in at $166000.0, down 55.38% year-over-year; the trailing twelve-month figure through Mar 2021 was $1.1 million (down 86.77% YoY), and the FY2020 annual result was $1.3 million, down 85.93% from the prior year.
• Mortgage Banking rose to $166000.0 in Q1 2021 per MCBS's latest filing, from -$82000.0 in the prior quarter.
• Over five years, Mortgage Banking peaked at $3.3 million in Q2 2019 and troughed at -$82000.0 in Q4 2020.
• A 4-year average of $1.5 million and a median of $1.3 million in 2019 frame the typical range for Mortgage Banking.
• The sharpest annual moves came in 2019 and 2020: Mortgage Banking dropped 21.7% in 2019, then tumbled 104.01% in 2020.
• A 4-year view of Mortgage Banking shows it stood at $2.7 million in 2018, then retreated by 24.64% to $2.0 million in 2019, then plunged by 104.01% to -$82000.0 in 2020, then surged 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.