Metrocity: Q1 Earnings Snapshot

DORAVILLE, Ga. (AP) — DORAVILLE, Ga. (AP) — MetroCity Bankshares, Inc. (MCBS) on Friday reported net income of $14.6 million in its first quarter.

The bank, based in Doraville, Georgia, said it had earnings of 57 cents per share.

The company posted revenue of $57.9 million in the period. Its revenue net of interest expense was $32.7 million, topping Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBS at https://www.zacks.com/ap/MCBS