MetroCity Bankshares (MCBS)

Net assets on the balance sheet as of June 2024 : $0.40 Billion USD

According to MetroCity Bankshares's latest financial reports the company has $0.40 Billion USD 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	$$0.38 B	9.19%
2022-12-31	$$0.34 B	20.4%
2021-12-31	$$0.29 B	18.54%
2020-12-31	$$0.24 B	12.97%
2019-12-31	$$0.21 B	28.54%
2018-12-31	$$0.16 B	24.79%
2017-12-31	$$0.13 B	25.97%
2016-12-31	$$0.10 B	19.76%
2015-12-31	$$89.55 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	$0.37 B	-7.51%	🇺🇸 USA
National Bank Holdings NBHC	$1.29 B	217.27%	🇺🇸 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 : $0.40 Billion USD