MetroCity Bankshares (MCBS)

Net assets on the balance sheet as of September 2024 : £0.32 Billion

According to MetroCity Bankshares's latest financial reports the company has £0.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MetroCity Bankshares - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.29 B	3.68%
2022-12-31	$£0.28 B	34.33%
2021-12-31	$£0.21 B	19.7%
2020-12-31	$£0.17 B	8.68%
2019-12-31	$£0.16 B	24.43%
2018-12-31	$£0.13 B	32.86%
2017-12-31	$£99.97 M	15.01%
2016-12-31	$£86.92 M	43.84%
2015-12-31	$£60.43 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	£0.35 B	9.07%	🇺🇸 USA
National Bank Holdings NBHC	£1.01 B	217.30%	🇺🇸 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) - Net assets

Net assets on the balance sheet as of September 2024 : £0.32 Billion