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MetroCity: Q2 Earnings Snapshot
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MetroCity Bankshares, Inc Reports Earnings For Second Quarter 2021
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Raymond James analyst David Feaster maintained a Hold rating on MetroCity Bankshares (MCBS – Research Report) today. The company’s shares closed last Friday at $15.46.
According to TipRanks.com, Feaster is a 5-star analyst with an average return of 38.9% and a 87.9% success rate. Feaster covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, Bank of NT Butterfield & Son, and Seacoast Banking Of Florida.
The word on The Street in general, suggests a Hold analyst consensus rating for MetroCity Bankshares.
The company has a one-year high of $17.55 and a one-year low of $8.31. Currently, MetroCity Bankshares has an average volume of 29.04K.
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ATLANTA, April 23, 2021 /PRNewswire/ MetroCity Bankshares, Inc. (the Company ) (NASDAQ: MCBS), the holding company for Metro City Bank, announced today that its board of directors has adopted a share repurchase program for the 2021 calendar year. Under the repurchase program, the Company may repurchase up to 1,000,000 shares of its current outstanding shares of common stock.
The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 and Rule 10b-18 of the Securities and Exchange Commission ( SEC ).
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