MetroCity Bankshares (MCBS) Securities Bought (2018 - 2020)
MetroCity Bankshares (MCBS) posted quarterly Securities Bought of $40.0 million for Q3 2020, up 166.67% year-over-year from $15.0 million in Q4 2019, and little changed quarter-over-quarter from $40.0 million in Q2 2020.
MetroCity Bankshares (MCBS) Securities Bought (2018 - 2020) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Securities Bought for 3 consecutive years, with $40.0 million the latest figure, recorded in Q3 2020.
- In Q3 2020, Securities Bought rose 166.67% year-over-year to $40.0 million; the TTM figure through Sep 2020 stood at $40.0 million (up 166.67% YoY), while the FY2019 annual figure was $15.0 million, changed 0.0% from the prior year.
- Securities Bought steadied at $40.0 million in Q3 2020 per MCBS's latest filing, from $40.0 million in the prior quarter.
- Across five years, Securities Bought topped out at $40.0 million in Q1 2020 and bottomed at $15.0 million in Q4 2018.
- Historically, Securities Bought has averaged $27.5 million across 3 years, with a median of $27.5 million in 2018.
- Annual changes were most pronounced in 2019 — Securities Bought changed 0.0% — and 2020, when it jumped 166.67%.
- MetroCity Bankshares' Securities Bought stood at $15.0 million in 2018, then changed by 0.0% to $15.0 million in 2019, then surged by 166.67% to $40.0 million in 2020.
- Business Quant data shows MCBS's Securities Bought at $40.0 million in Q3 2020, $40.0 million in Q2 2020, and $40.0 million in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 121.14 Bn | 84.95 Bn | - |
| 2 | Pnc Financial Services | 97.39 Bn | 97.39 Bn | - |
| 3 | Us Bancorp | 95.69 Bn | 95.69 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.84 Bn | -144.25 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.83 Bn | -81.48 Bn | - |
| 7 | Nu Holdings | 70.97 Bn | 57.29 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.50 Bn | 61.50 Bn | - |
| 9 | Fifth Third Bancorp | 49.44 Bn | 25.72 Bn | - |
| 10 | MetroCity Bankshares | 1.01 Bn | 743.64 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 40.00 Mn |
| Jun 30, 2020 | 40.00 Mn |
| Mar 31, 2020 | 40.00 Mn |
| Dec 31, 2019 | 15.00 Mn |
| Sep 30, 2019 | 15.00 Mn |
| Dec 31, 2018 | 15.00 Mn |