MetroCity Gross Profit from 2010 to 2024

MCBS Stock  USD 24.69  0.23  0.92%   
MetroCity Bankshares Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit MetroCity Bankshares makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2015-03-31
Previous Quarter
55.4 M
Current Value
32.8 M
Quarterly Volatility
10 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 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 exotic indicators such as Price To Sales Ratio of 2.73, 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.
  
This module can also supplement various MetroCity Bankshares Technical models . 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' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of MetroCity Bankshares over the last few years. Gross profit is a required income statement account that reflects total revenue of MetroCity Bankshares minus its cost of goods sold. It is profit before MetroCity Bankshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. MetroCity Bankshares' Gross Profit 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.
ViewLast Reported 140.33 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

MetroCity Gross Profit Regression Statistics

Arithmetic Mean80,487,578
Geometric Mean55,637,851
Coefficient Of Variation81.96
Mean Deviation50,864,602
Median58,574,399
Standard Deviation65,966,840
Sample Variance4351.6T
Range217.4M
R-Value0.74
Mean Square Error2126T
R-Squared0.55
Significance0
Slope10,902,952
Total Sum of Squares60922.7T

MetroCity Gross Profit History

2024221.6 M
2023211 M
20224.1 M
2021138 M
202093.3 M
2019100.9 M
201895.8 M

Other Fundumenentals of MetroCity Bankshares

MetroCity Bankshares Gross Profit component correlations

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-0.67-0.75-0.18-0.75-0.66-0.22-0.45-0.8-0.730.74-0.38-0.680.87-0.040.33-0.860.72-0.780.88-0.37-0.740.3
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-0.66-0.69-0.27-0.69-0.65-0.41-0.35-0.69-0.670.72-0.49-0.650.75-0.220.16-0.760.880.64-0.62-0.41-0.590.31
0.90.850.770.850.91-0.24-0.250.710.85-0.410.960.880.02-0.19-0.460.48-0.37-0.840.62-0.410.79-0.24
0.860.90.460.90.85-0.280.160.910.9-0.570.730.88-0.43-0.26-0.570.82-0.74-0.950.95-0.590.79-0.38
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Click cells to compare fundamentals

About MetroCity Bankshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MetroCity Bankshares income statement, its balance sheet, and the statement of cash flows. MetroCity Bankshares investors use historical funamental indicators, such as MetroCity Bankshares's Gross Profit, to determine how well the company is positioned to perform in the future. Although MetroCity Bankshares investors may use each financial statement separately, they are all related. The changes in MetroCity Bankshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MetroCity Bankshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MetroCity Bankshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MetroCity Bankshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit211 M221.6 M
Gross Profit Margin 0.93  0.83 

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When determining whether MetroCity Bankshares is a strong investment it is important to analyze MetroCity Bankshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MetroCity Bankshares' future performance. For an informed investment choice regarding MetroCity Stock, refer to the following important reports:
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.
Note that the MetroCity Bankshares information on this page should be used as a complementary analysis to other MetroCity Bankshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.
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Is MetroCity Bankshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MetroCity Bankshares. If investors know MetroCity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MetroCity Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.74
Earnings Share
1.97
Revenue Per Share
4.753
Quarterly Revenue Growth
0.017
The market value of MetroCity Bankshares is measured differently than its book value, which is the value of MetroCity that is recorded on the company's balance sheet. Investors also form their own opinion of MetroCity Bankshares' value that differs from its market value or its book value, called intrinsic value, which is MetroCity Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MetroCity Bankshares' market value can be influenced by many factors that don't directly affect MetroCity Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MetroCity Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if MetroCity Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MetroCity Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.