MetroCity Bankshares (MCBS) Tax Provisions (2018 - 2026)
MetroCity Bankshares (MCBS) posted quarterly Tax Provisions of $7.9 million for Q1 2026, up 36.79% year-over-year from $5.8 million in Q1 2025, and up 152.61% quarter-over-quarter from -$15.0 million in Q4 2025.
MetroCity Bankshares (MCBS) Tax Provisions (2018 - 2026) Analysis & Trends
MetroCity Bankshares (MCBS) has reported Tax Provisions for 9 consecutive years, with $7.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 36.79% year-over-year to $7.9 million; the TTM figure through Mar 2026 stood at $6.3 million (down 72.39% YoY), while the FY2025 annual figure was $4.2 million, down 81.74% from the prior year.
- Tax Provisions advanced to $7.9 million in Q1 2026 per MCBS's latest filing, from -$15.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $9.4 million in Q4 2022 and bottomed at -$15.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $4.9 million across 5 years, with a median of $5.8 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 48.85% — and 2025, when it tumbled 425.36%.
- MetroCity Bankshares' Tax Provisions stood at $9.4 million in 2022, then tumbled by 48.79% to $4.8 million in 2023, then declined by 3.59% to $4.6 million in 2024, then sank by 425.36% to -$15.0 million in 2025, then surged by 152.61% to $7.9 million in 2026.
- Business Quant data shows MCBS's Tax Provisions at $7.9 million in Q1 2026, -$15.0 million in Q4 2025, and $6.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | MetroCity Bankshares | 1.02 Bn | 752.11 Mn | - | 8.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.50 Mn |
| Mar 31, 2026 | 7.91 Mn |
| Dec 31, 2025 | -15.03 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 | 9.35 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 |