MetroCity Bankshares Q2 FY26 net income climbs 31.5% to $22.1 million
MCBS•Q2 FY26 financial results
- MetroCity Bankshares posted Q2 2026 net income of $22.1 million, down 0.8% from Q1 2026; diluted EPS slipped to $0.76 from $0.77.
- Net interest margin widened 3 basis points to 4.11% from Q1, as yield on earning assets rose 6 basis points to 6.57%.
- Noninterest income fell 9.5% to $5.8 million, while noninterest expense dropped 6.9% to $20 million.
- Total assets declined 3.6% to $4.52 billion from March 31; deposits decreased 3.8% to $3.49 billion.
- Credit costs stayed negative with a $792,000 recovery for credit losses; nonperforming assets edged up to $18.7 million from $18 million.
