MetroCity Bankshares (MCBS)

Net assets on the balance sheet as of June 2024 : C$0.56 Billion

According to MetroCity Bankshares's latest financial reports the company has C$0.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MetroCity Bankshares - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.50 B	6.72%
2022-12-31	$C$0.47 B	28.19%
2021-12-31	$C$0.36 B	18.48%
2020-12-31	$C$0.31 B	10.29%
2019-12-31	$C$0.28 B	23.24%
2018-12-31	$C$0.22 B	35.21%
2017-12-31	$C$0.16 B	17.85%
2016-12-31	$C$0.14 B	16.02%
2015-12-31	$C$0.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	C$0.51 B	-7.51%	🇺🇸 USA
National Bank Holdings NBHC	C$1.72 B	206.37%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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MetroCity Bankshares (MCBS) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.56 Billion