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MetroCity Bankshares MCBS Data processing and equipment

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Other financials

Income statement

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Revenue$49.8M+31.3%
Net income$22.1M+31.5%
EPS (diluted)$0.76+16.9%

Balance sheet

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Cash & equivalents$266.7M-6.8%
Total debt$14.1M+71.9%
Total equity$567.9M+30.2%
Total assets$4.5B+25.0%

Cash flow

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Operating cash flow$24.9M+72.4%
CapEx$1.5M+1,142%
Free cash flow$24.9M+73.8%

Valuation

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Market cap$1.03B+24.8%
Enterprise value$776.08M
P/E12.9×
P/S5.6×

Profitability

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Net margin43.8%-1.4pp
FCF margin41.6%

Returns & leverage

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Return on equity15.9%+0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by MetroCity Bankshares in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The source filing: MetroCity Bankshares’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092674
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Noninterest expense:
Salaries and employee benefits11,3448,55422,84517,047
Occupancy and equipment2,3281,3804,7622,797
Data processing5353291,217674
Advertising178149401316
Merger-related expenses2703331,946595
Other expenses5,3023,36810,2246,483
Total noninterest expense19,95714,11341,39527,912

Item 1. Financial Statements

FAQ

What is MetroCity Bankshares's data processing and equipment?
MetroCity Bankshares (MCBS) reported data processing and equipment of $535K in Q2 2026.
How has MetroCity Bankshares's data processing and equipment changed year-over-year?
MetroCity Bankshares's data processing and equipment increased by 62.6% year-over-year, from $329K to $535K.
What is the long-term trend for MetroCity Bankshares's data processing and equipment?
Over 4 years (2021 to 2025), MetroCity Bankshares's data processing and equipment has grown at a 8.7% compound annual growth rate (CAGR), from $1.1M to $1.53M.
What does data processing and equipment mean?
Captures the costs related to the bank's digital infrastructure, including software licensing, data processing services, cybersecurity, and core banking system maintenance. As banking becomes increasingly digital, this metric tracks the investment required to maintain operational resilience and customer-facing technology platforms. It is a critical measure of the bank's commitment to technological modernization and efficiency.

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