MetroCity Income Before Tax vs Net Interest Income Analysis

MCBS Stock

USD 32.20 0.25 0.77%

MetroCity Bankshares financial indicator trend analysis is infinitely more than just investigating MetroCity Bankshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetroCity Bankshares is a good investment. Please check the relationship between MetroCity Bankshares Income Before Tax and its Net Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetroCity Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetroCity Bankshares Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between MetroCity Bankshares' Income Before Tax and Net Interest Income is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of MetroCity Bankshares, assuming nothing else is changed. The correlation between historical values of MetroCity Bankshares' Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of MetroCity Bankshares are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., MetroCity Bankshares' Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MetroCity Bankshares income statement and is an important metric when analyzing MetroCity Bankshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from MetroCity Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetroCity Bankshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetroCity Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.At this time, MetroCity Bankshares' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 4,539 in 2024, whereas Selling General Administrative is likely to drop slightly above 24.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	138.0M	4.1M	211.0M	221.6M
Total Revenue	138.0M	4.1M	115.6M	79.7M

Gross Profit Total Revenue

MetroCity Bankshares fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Other Liab	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Other Current Assets
Total Assets		0.23	0.98	0.87	0.63	0.99	0.71	0.83	-0.77	0.99	0.71	0.81	0.5	0.73	1.0	0.02	0.01	0.89	-0.67	0.74	0.98	-0.66	0.91	0.98	-0.26	0.06
Total Current Liabilities	0.23		0.32	0.43	0.03	0.31	0.1	0.33	-0.28	0.21	0.11	0.39	0.06	0.56	0.21	-0.15	0.3	0.43	-0.3	0.66	0.32	-0.27	0.06	0.35	-0.01	-0.14
Total Stockholder Equity	0.98	0.32		0.93	0.55	1.0	0.69	0.86	-0.79	0.98	0.68	0.84	0.51	0.8	0.98	-0.01	0.1	0.94	-0.69	0.79	1.0	-0.69	0.83	0.98	-0.22	0.03
Property Plant And Equipment Net	0.87	0.43	0.93		0.28	0.92	0.77	0.94	-0.88	0.85	0.77	0.88	0.41	0.94	0.87	0.1	0.38	0.97	-0.78	0.89	0.92	-0.77	0.68	0.87	-0.37	0.14
Net Debt	0.63	0.03	0.55	0.28		0.56	0.11	0.27	-0.26	0.66	0.12	0.42	0.62	0.15	0.63	-0.19	-0.69	0.36	-0.26	0.18	0.55	-0.26	0.7	0.66	0.27	-0.17
Retained Earnings	0.99	0.31	1.0	0.92	0.56		0.69	0.86	-0.79	0.98	0.69	0.83	0.51	0.79	0.98	0.0	0.1	0.93	-0.69	0.78	1.0	-0.69	0.84	0.98	-0.22	0.04
Cash	0.71	0.1	0.69	0.77	0.11	0.69		0.82	-0.76	0.64	1.0	0.7	0.21	0.81	0.71	0.13	0.39	0.76	-0.6	0.8	0.67	-0.6	0.74	0.63	-0.62	0.17
Non Current Assets Total	0.83	0.33	0.86	0.94	0.27	0.86	0.82		-0.97	0.82	0.84	0.96	0.34	0.9	0.83	0.35	0.29	0.95	-0.92	0.84	0.84	-0.92	0.69	0.8	-0.52	0.39
Non Currrent Assets Other	-0.77	-0.28	-0.79	-0.88	-0.26	-0.79	-0.76	-0.97		-0.76	-0.79	-0.96	-0.37	-0.83	-0.76	-0.48	-0.3	-0.87	0.94	-0.75	-0.76	0.93	-0.62	-0.73	0.52	-0.51
Other Assets	0.99	0.21	0.98	0.85	0.66	0.98	0.64	0.82	-0.76		0.64	0.81	0.51	0.68	0.99	0.08	-0.04	0.87	-0.68	0.68	0.97	-0.68	0.88	0.98	-0.23	0.11
Cash And Short Term Investments	0.71	0.11	0.68	0.77	0.12	0.69	1.0	0.84	-0.79	0.64		0.73	0.19	0.82	0.71	0.19	0.38	0.78	-0.65	0.79	0.66	-0.65	0.74	0.62	-0.64	0.23
Common Stock Shares Outstanding	0.81	0.39	0.84	0.88	0.42	0.83	0.7	0.96	-0.96	0.81	0.73		0.49	0.86	0.8	0.33	0.13	0.91	-0.94	0.79	0.8	-0.93	0.66	0.8	-0.36	0.36
Non Current Liabilities Total	0.5	0.06	0.51	0.41	0.62	0.51	0.21	0.34	-0.37	0.51	0.19	0.49		0.32	0.49	-0.18	-0.37	0.43	-0.31	0.28	0.52	-0.31	0.4	0.55	0.48	-0.17
Other Stockholder Equity	0.73	0.56	0.8	0.94	0.15	0.79	0.81	0.9	-0.83	0.68	0.82	0.86	0.32		0.72	0.03	0.45	0.93	-0.75	0.96	0.77	-0.74	0.59	0.73	-0.41	0.08
Total Liab	1.0	0.21	0.98	0.87	0.63	0.98	0.71	0.83	-0.76	0.99	0.71	0.8	0.49	0.72		0.02	0.0	0.89	-0.66	0.73	0.98	-0.66	0.92	0.98	-0.26	0.06
Total Current Assets	0.02	-0.15	-0.01	0.1	-0.19	0.0	0.13	0.35	-0.48	0.08	0.19	0.33	-0.18	0.03	0.02		0.14	0.09	-0.56	-0.04	-0.03	-0.57	-0.03	-0.03	-0.62	1.0
Intangible Assets	0.01	0.3	0.1	0.38	-0.69	0.1	0.39	0.29	-0.3	-0.04	0.38	0.13	-0.37	0.45	0.0	0.14		0.22	-0.12	0.43	0.09	-0.12	-0.17	-0.02	-0.52	0.15
Common Stock	0.89	0.43	0.94	0.97	0.36	0.93	0.76	0.95	-0.87	0.87	0.78	0.91	0.43	0.93	0.89	0.09	0.22		-0.83	0.88	0.92	-0.82	0.74	0.89	-0.34	0.13
Other Current Liab	-0.67	-0.3	-0.69	-0.78	-0.26	-0.69	-0.6	-0.92	0.94	-0.68	-0.65	-0.94	-0.31	-0.75	-0.66	-0.56	-0.12	-0.83		-0.65	-0.66	1.0	-0.51	-0.65	0.47	-0.6
Other Liab	0.74	0.66	0.79	0.89	0.18	0.78	0.8	0.84	-0.75	0.68	0.79	0.79	0.28	0.96	0.73	-0.04	0.43	0.88	-0.65		0.77	-0.63	0.63	0.75	-0.4	0.0
Net Tangible Assets	0.98	0.32	1.0	0.92	0.55	1.0	0.67	0.84	-0.76	0.97	0.66	0.8	0.52	0.77	0.98	-0.03	0.09	0.92	-0.66	0.77		-0.66	0.83	0.99	-0.18	0.0
Accounts Payable	-0.66	-0.27	-0.69	-0.77	-0.26	-0.69	-0.6	-0.92	0.93	-0.68	-0.65	-0.93	-0.31	-0.74	-0.66	-0.57	-0.12	-0.82	1.0	-0.63	-0.66		-0.51	-0.64	0.48	-0.61
Long Term Debt	0.91	0.06	0.83	0.68	0.7	0.84	0.74	0.69	-0.62	0.88	0.74	0.66	0.4	0.59	0.92	-0.03	-0.17	0.74	-0.51	0.63	0.83	-0.51		0.87	-0.32	0.01
Net Receivables	0.98	0.35	0.98	0.87	0.66	0.98	0.63	0.8	-0.73	0.98	0.62	0.8	0.55	0.73	0.98	-0.03	-0.02	0.89	-0.65	0.75	0.99	-0.64	0.87		-0.15	0.0
Inventory	-0.26	-0.01	-0.22	-0.37	0.27	-0.22	-0.62	-0.52	0.52	-0.23	-0.64	-0.36	0.48	-0.41	-0.26	-0.62	-0.52	-0.34	0.47	-0.4	-0.18	0.48	-0.32	-0.15		-0.64
Other Current Assets	0.06	-0.14	0.03	0.14	-0.17	0.04	0.17	0.39	-0.51	0.11	0.23	0.36	-0.17	0.08	0.06	1.0	0.15	0.13	-0.6	0.0	0.0	-0.61	0.01	0.0	-0.64

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MetroCity Bankshares Account Relationship Matchups

MetroCity Bankshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.9B	3.1B	3.4B	3.5B	1.9B
Total Current Liabilities	890K	30.2M	204K	2.7M	4.1M	4.1M
Total Stockholder Equity	216.7M	244.8M	290.2M	352.4M	381.5M	212.1M
Property Plant And Equipment Net	26.4M	24.2M	22.4M	22.7M	26.6M	16.4M
Net Debt	(194.9M)	(19.4M)	77.8M	233.3M	191.5M	201.1M
Retained Earnings	162.6M	188.7M	238.6M	288.8M	315.4M	161.2M
Cash	270.5M	140.7M	432.5M	151.0M	142.2M	151.6M
Non Current Assets Total	60.2M	55.3M	67.3M	56.2M	56.7M	46.8M
Other Assets	1.3B	1.7B	2.6B	3.2B	3.3B	1.8B
Cash And Short Term Investments	286.2M	158.9M	458.3M	170.2M	144.8M	169.6M
Common Stock Shares Outstanding	24.7M	25.8M	25.8M	25.7M	25.5M	26.5M
Non Current Liabilities Total	75.6M	121.4M	510.3M	2.7M	3.1B	3.3B
Other Stockholder Equity	53.9M	55.7M	51.6M	45.3M	45.7M	46.9M
Total Liab	1.4B	1.7B	2.8B	3.1B	3.1B	1.7B
Total Current Assets	291.3M	168.2M	469.3M	183.4M	159.9M	151.9M
Intangible Assets	18.1M	13.0M	7.7M	4.0M	1.3M	1.2M
Common Stock	121K	255K	257K	252K	289.8K	179.7K
Other Current Liab	(890K)	(30M)	(204K)	(2.7M)	(1.8M)	(1.7M)
Other Liab	31.3M	51.2M	42.4M	23.2M	26.7M	22.5M
Net Tangible Assets	216.7M	244.8M	290.2M	349.4M	401.8M	204.7M
Accounts Payable	890K	222K	204K	2.7M	4.1M	3.9M
Long Term Debt	63.1M	110.5M	500.5M	375.4M	325M	180.5M
Net Receivables	5.1M	9.3M	11.1M	13.2M	15.1M	7.8M
Other Current Assets	296.9M	165.2M	456.0M	197.0M	161.4M	153.3M
Long Term Investments	15.7M	18.1M	37.1M	29.5M	28.8M	21.5M
Property Plant Equipment	26.4M	24.2M	22.4M	14.3M	16.4M	15.5M
Short Long Term Debt Total	75.6M	121.4M	510.3M	384.3M	333.7M	206.4M
Common Stock Total Equity	121K	255K	257K	252K	289.8K	205.4K
Short Term Investments	15.7M	18.1M	25.7M	19.2M	18.5M	17.4M
Liabilities And Stockholders Equity	1.6B	1.9B	3.1B	3.4B	3.5B	2.2B
Property Plant And Equipment Gross	26.4M	24.2M	22.4M	22.7M	36.6M	20.9M
Accumulated Other Comprehensive Income	(1K)	195K	(168K)	18.0M	20.2M	21.2M
Long Term Debt Total	3.1M	483K	459K	392K	352.8K	335.2K
Capital Surpluse	53.9M	55.7M	51.6M	45.3M	52.1M	50.6M
Net Invested Capital	279.9M	355.3M	790.7M	727.8M	706.5M	517.5M

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