MetroCity Bankshares Q3 2026 Net Income Jumps 41% Year Over Year to $24.3 Million

Bitget2026/10/23 20:01

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MetroCity Bankshares' third-quarter 2026 net income jumped 41% year over year to $24.3 million, reflecting the First IC acquisition.
Net interest income rose 37% year over year to $43.56 million, while noninterest income dropped 29% to $4.4 million.
Income tax expense fell 57% from the previous quarter to $3.67 million, including a $4 million tax credit benefit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metrocity Bankshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610231600PR_NEWS_USPR_____CL79284) on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MetroCity Bankshares Q3 2026 Net Income Jumps 41% Year Over Year to $24.3 Million

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