MetroCity Bankshares (MCBS)

Cash on Hand as of December 2022 : HK$1.17 Billion

According to MetroCity Bankshares's latest financial reports the company has HK$1.17 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

MetroCity Bankshares - Cash on Hand chart (from 2015 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.17 B	-65.03%
2021-12-31	HK$3.37 B	209.11%
2020-12-31	HK$1.09 B	-48.21%
2019-12-31	HK$2.10 B	106.52%
2018-12-31	HK$1.02 B	38.35%
2017-12-31	HK$0.73 B	49.03%
2016-12-31	HK$0.49 B	58.32%
2015-12-31	HK$0.31 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	HK$1.29 B	10.59%	🇺🇸 USA
National Bank Holdings NBHC	HK$1.52 B	29.50%	🇺🇸 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) - Cash on Hand

Cash on Hand as of December 2022 : HK$1.17 Billion