MetroCity Bankshares Q2 FY26 net income rises 31.5% to $22.1 million

• MetroCity Bankshares posted Q2 net income of $22.1 million, up 31.5% from a year earlier; diluted EPS rose to $0.76.
• Net interest income climbed 37.1% to $44 million, while net interest margin widened 34 percentage points to 4.11%.
• Provision for credit losses swung to a $792,000 recovery from a $129,000 provision a year earlier.
• Noninterest expense increased 41.4% to $20 million, driven by higher personnel, occupancy, and data processing costs, including merger-related expenses.
• Total assets fell 5.2% to $4.52 billion from Dec. 31, 2025; deposits declined to $3.49 billion as higher-cost balances were intentionally reduced.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-092674), on August 07, 2026, and is solely responsible for the information contained therein.