MetroCity Income Before Tax from 2010 to 2024

MCBS Stock  USD 34.51  0.17  0.50%   
MetroCity Bankshares Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 55.6 M in 2024. From the period from 2010 to 2024, MetroCity Bankshares Income Before Tax quarterly data regression had r-value of  0.89 and coefficient of variation of  58.24. View All Fundamentals
 
Income Before Tax  
First Reported
2015-03-31
Previous Quarter
23.4 M
Current Value
22.7 M
Quarterly Volatility
5.6 M
 
Yuan Drop
 
Covid
Check MetroCity Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MetroCity Bankshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Total Revenue of 79.7 M or Gross Profit of 221.6 M, as well as many indicators such as Price To Sales Ratio of 4.81, Dividend Yield of 0.0158 or PTB Ratio of 2.29. MetroCity financial statements analysis is a perfect complement when working with MetroCity Bankshares Valuation or Volatility modules.
  
Check out the analysis of MetroCity Bankshares Correlation against competitors.
For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.

Latest MetroCity Bankshares' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of MetroCity Bankshares over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on MetroCity Bankshares income statement and is an important metric when analyzing MetroCity Bankshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is MetroCity Bankshares' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MetroCity Bankshares' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

MetroCity Income Before Tax Regression Statistics

Arithmetic Mean44,061,327
Geometric Mean36,760,831
Coefficient Of Variation58.24
Mean Deviation21,948,721
Median48,764,000
Standard Deviation25,659,861
Sample Variance658.4T
Range74.8M
R-Value0.89
Mean Square Error149.4T
R-Squared0.79
Slope5,097,648
Total Sum of Squares9218T

MetroCity Income Before Tax History

202455.6 M
202372 M
202291.2 M
202182.6 M
202048.8 M
201960.9 M
201856 M

About MetroCity Bankshares Financial Statements

MetroCity Bankshares shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although MetroCity Bankshares investors may analyze each financial statement separately, they are all interrelated. The changes in MetroCity Bankshares' assets and liabilities, for example, are also reflected in the revenues and expenses on on MetroCity Bankshares' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax72 M55.6 M

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Additional Tools for MetroCity Stock Analysis

When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.