MetroCity Bankshares (MCBS) Tax Provisions (2018 - 2026)
MetroCity Bankshares' (MCBS) quarterly Tax Provisions came in at $8.5 million in Q2 2026, up 24.21% year-over-year from $6.8 million in Q2 2025, and up 7.53% quarter-over-quarter from $7.9 million in Q1 2026.
Analysis
MetroCity Bankshares (MCBS) Tax Provisions (2018 - 2026) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Tax Provisions for 9 consecutive years, with $8.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 24.21% year-over-year to $8.5 million in Q2 2026; TTM through Jun 2026 was $27.9 million, a 20.45% increase from a year earlier, with the FY2025 full-year figure at $24.2 million, up 5.93% from the prior year.
- Tax Provisions was $8.5 million for Q2 2026 at MetroCity Bankshares, up from $7.9 million in the prior quarter.
- Over five years, Tax Provisions peaked at $12.3 million in Q4 2022 and troughed at $4.2 million in Q3 2023.
- A 5-year average of $6.4 million and a median of $5.9 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions soared 48.85% in 2022 and slumped 61.09% in 2023, its largest moves.
- Over 5 years, Tax Provisions stood at $12.3 million in 2022, then tumbled by 61.09% to $4.8 million in 2023, then slipped by 3.59% to $4.6 million in 2024, then gained by 7.64% to $5.0 million in 2025, then surged by 70.99% to $8.5 million in 2026.
- The last three Tax Provisions figures came in at $8.5 million (Q2 2026), $7.9 million (Q1 2026), and $5.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 148.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 219.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 139.00 Mn |
| 10 | MetroCity Bankshares | 1.00 Bn | 737.19 Mn | - | 8.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.50 Mn |
| Mar 31, 2026 | 7.91 Mn |
| Dec 31, 2025 | 4.97 Mn |
| Sep 30, 2025 | 6.57 Mn |
| Jun 30, 2025 | 6.84 Mn |
| Mar 31, 2025 | 5.78 Mn |
| Dec 31, 2024 | 4.62 Mn |
| Sep 30, 2024 | 5.96 Mn |
| Jun 30, 2024 | 6.43 Mn |
| Mar 31, 2024 | 5.80 Mn |
| Dec 31, 2023 | 4.79 Mn |
| Sep 30, 2023 | 4.22 Mn |
| Jun 30, 2023 | 5.51 Mn |
| Mar 31, 2023 | 5.84 Mn |
| Dec 31, 2022 | 12.31 Mn |
| Sep 30, 2022 | 7.01 Mn |
| Jun 30, 2022 | 5.65 Mn |
| Mar 31, 2022 | 6.60 Mn |
| Dec 31, 2021 | 9.68 Mn |
| Sep 30, 2021 | 5.15 Mn |