How to Buy Metrocity Bankshares Stock
Metrocity Bankshares Inc
MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.
Metrocity Bankshares stock last closed at $23.85, down 1.97% from the previous day, and has increased 50.95% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.31 percentage points. Metrocity Bankshares stock is currently +82.06% from its 52-week low of $13.10, and -9.07% from its 52-week high of $26.23.
There are currently 25.21M shares of MCBS outstanding. The market capitalization of MCBS is $601.15M. In the past 24 hours, 24,338 MCBS shares were traded.
How to Buy Metrocity Bankshares Stock
Not sure how to invest in Metrocity Bankshares stock? Here's how.
- Choose where to buy Metrocity Bankshares stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Metrocity Bankshares stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your info.
- Research Metrocity Bankshares stock: The Metrocity Bankshares ticker symbol is MCBS. Is Metrocity Bankshares stock a good investment? Should you buy shares of MCBS? How do MCBS's underlying business fundamentals look? Do top analysts think Metrocity Bankshares is a good buy? Why has MCBS's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MCBS is a good stock to buy).
- Place your MCBS buy order: Decide if you will purchase MCBS shares at the current market price or use a limit order to buy MCBS shares at a given price.
- Get key alerts regarding your MCBS investment: Create a watchlist to key updates about your investment in Metrocity Bankshares stock.
Step 1: Choose where to buy Metrocity Bankshares stock
You need an online brokerage account to access the NASDAQ market and buy MCBS shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in MCBS today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on the best beginner stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing funds into your investment account.
Step 4: Research Metrocity Bankshares stock
Once you have selected the best place to buy Metrocity Bankshares stock, it's absolutely critical to analyze their stock prior to investing, so you can wrap your head around the risk and opportunity.
Metrocity Bankshares Metrics
Metrocity Bankshares Overview
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MCBS's stock page.
Is MCBS stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MCBS's true value.
Using relative valuations measures:
- MCBS could be undervalued based on its P/E ratio of 11.63x, relative to Banks - Regional industry P/E ratio of -10.31x
- MCBS could be overvalued based on its P/B ratio of 1.58x, relative to Banks - Regional industry P/B ratio of 0.99x
- MCBS may be overvalued based on its PEG ratio of 4.32x
You can do more valuation research on MCBS's stock here.
MCBS Financial Health Overview
Positive Health Checks:
- MCBS earnings of $71.97M is not enough to cover its interest payments.
- MCBS's operating cash flow of $82.10M allows it to safely service it's debt of $333.65M.
Negative Health Checks:
- MCBS profit margin has gone down from 44.6% to 43.1% in the past year.
- MCBS has a relatively high debt to equity ratio of 8.18.
- Total MCBS debt is higher than 5 years ago, relative to shareholder equity.
Is MCBS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who research MCBS, the consensus analyst rating on Metrocity Bankshares is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Metrocity Bankshares stock forecast page.
Metrics for Advanced MCBS Traders
MCBS Revenue
Last year, MCBS earnings were $51.61M. During the past five year, MCBS's earnings have grown by 3.69% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, MCBS revenue was $119.70M. Over the last five year, MCBS's revenue has grown by 4.82% per year. This was slower than the Banks - Regional industry average of 7.5%.
Dive into MCBS's earnings and revenue performance here.
Who is buying/selling MCBS?
Over the past year, executives and large shareholders at MCBS have bought more shares than they have sold.
Nack Y. Paek, Chief Executive Officer of MCBS, was the latest MCBS insider to sell. They sold $557,279.20 worth of MCBS shares on Nov 14, 2023.
Research more about who owns MCBS shares here.
Does MCBS stock generate passive income?
Metrocity Bankshares pays a dividend of 3.1%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 worth of MCBS stock, you would have been paid $31.03 in the past 12 months.
Metrocity Bankshares dividend payments have consistently grown over the past 5 years but have not remained stable.
Find more info about Metrocity Bankshares dividend yield and history here.
MCBS Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your MCBS buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Press the Open button and your broker will place the order.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your MCBS investment
Now that you own some MCBS stock, you'll want to keep up with your investment.
Put MCBS on a watchlist to track your MCBS stock.
MCBS Feed
How to Buy Stock in Metrocity Bankshares
To summarize, here are the 6 steps you need to take to buy Metrocity Bankshares stock right now:
- Choose where to buy Metrocity Bankshares stock
- Open a brokerage account
- Fund your investment account
- Research Metrocity Bankshares stock
- Place your MCBS buy order
- Get key alerts regarding your MCBS investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Metrocity Bankshares, hit the button below to create your watchlist.
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