Financial Statements

MetroCity Bankshares, Inc. (MCBS)


+0.09 (+0.55%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 239189163129-
Net Income 6362364541
Stock Dividends -0-0-0-097
Dividend Paid -15-12-10-10-9
Retained Earnings 286239189163129

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 22242614-
Annual Depreciation 3-1-21317
Capital Expenditure -2-0-1-1-3
Net PPE 2322242614

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases ---6-22-
Intangible and Goodwill -----

MetroCity Bankshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes MetroCity Bankshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.