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MetroCity Bankshares MCBS Occupancy And Equipment Expense

Occupancy And Equipment Expense at other companies

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$2.49M+57.7%
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$12.38M+32.6%
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$27.3M+0.3%
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$3.95M-1.8%
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M&T BankMTB
$133M+0.8%

Other financials

Income statement

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Revenue$50.8M+41.2%
Net income$22.3M+36.9%
EPS (diluted)$0.77+22.2%

Balance sheet

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Cash & equivalents$387.6M+36.0%
Total debt$14.5M+82.3%
Total equity$554.2M+29.5%
Total assets$4.7B+28.1%

Cash flow

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Operating cash flow$45.8M+285%
CapEx-$733.0K-1,147%
Free cash flow$45.1M+281%

Valuation

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Market cap$1.01B+22.3%
Enterprise value$634.89M
P/E13.5×
P/S5.9×

Profitability

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Net margin43.7%-2.0pp
FCF margin41.6%

Returns & leverage

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Return on equity15.2%-0.9pp
Debt / equity0.0×

Where this comes from

Reported directly by MetroCity Bankshares in its filing.

Tagged under the XBRL concept mcbs:OccupancyAndEquipmentExpense.

The official record: MetroCity Bankshares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetroCity Bankshares's occupancy and equipment expense?
MetroCity Bankshares (MCBS) reported occupancy and equipment expense of $2.43M in Q1 2026.
How has MetroCity Bankshares's occupancy and equipment expense changed year-over-year?
MetroCity Bankshares's occupancy and equipment expense increased by 71.8% year-over-year, from $1.42M to $2.43M.
What is the long-term trend for MetroCity Bankshares's occupancy and equipment expense?
Over 4 years (2021 to 2025), MetroCity Bankshares's occupancy and equipment expense has grown at a 3.6% compound annual growth rate (CAGR), from $5.03M to $5.79M.
What does occupancy and equipment expense mean?
Includes costs associated with maintaining physical branch locations, corporate offices, and the necessary equipment to support banking operations. This encompasses rent, utilities, depreciation of furniture and fixtures, and maintenance expenses. It is a primary component of the bank's fixed operating overhead.