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MetroCity: Q1 Earnings Snapshot

DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $22.3 million in its first quarter.

The bank, based in Doraville, Georgia, said it had earnings of 77 cents per share.

The company posted revenue of $77.3 million in the period. Its revenue net of interest expense was $50.8 million, surpassing Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBS at https://www.zacks.com/ap/MCBS

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