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MetroCity Bankshares MCBS Occupancy And Equipment Expense

Occupancy And Equipment Expense at other companies

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$288K+16.6%
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$1.94M+10.4%
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$2.01M+5.3%
Blue Ridge Bankshares logo
Blue Ridge BanksharesBRBS
$1.06M-5.9%

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 mcbs:OccupancyAndEquipmentExpense.

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
Total noninterest income5,7555,73312,11211,189
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

Item 1. Financial Statements

FAQ

What is MetroCity Bankshares's occupancy and equipment expense?
MetroCity Bankshares (MCBS) reported occupancy and equipment expense of $2.33M in Q2 2026.
How has MetroCity Bankshares's occupancy and equipment expense changed year-over-year?
MetroCity Bankshares's occupancy and equipment expense increased by 68.7% year-over-year, from $1.38M to $2.33M.
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.

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