MetroCity Bankshares (MCBS)

Total debt on the balance sheet as of September 2024 : C$0.55 Billion

According to MetroCity Bankshares's latest financial reports the company's total debt is C$0.55 Billion. A company’s total debt is the sum of all current and non-current debts.

MetroCity Bankshares - Total debt on balance sheet (from 2015 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	C$0.44 B	-15.13%
2022-12-31	C$0.52 B	-19.82%
2021-12-31	C$0.65 B	320.18%
2020-12-31	C$0.15 B	56.75%
2019-12-31	C$98.74 M	1602.82%
2018-12-31	C$5.79 M	-96.31%
2017-12-31	C$0.15 B	2.58%
2016-12-31	C$0.15 B	615.01%
2015-12-31	C$21.43 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Northeast Bank NBN	C$0.51 B	-6.11%	🇺🇸 USA
National Bank Holdings NBHC	C$78.61 M	-85.76%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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MetroCity Bankshares (MCBS) - Total debt

Total debt on the balance sheet as of September 2024 : C$0.55 Billion