Metrocity Bankshares

Q2 FY2026 EarningsQ2 FY2026 net income reached $22.1 million, up 31.5% YoY but down 0.8% QoQ. Diluted EPS was $0.76, compared to $0.65 in Q2 FY2025. The YoY growth was primarily driven by the First IC acquisition in Q4 2025, which expanded the average loan balance by $847.8 million and boosted Net Interest Margin (NIM) to 4.11% (+34bps YoY). However, QoQ results were weighed down by a $1.2 million decrease in SBA servicing income and lower mortgage originations ($75.4M vs $101.9M). Efficiency ratio remained healthy at 40.08%, with asset quality stable at 0.41% nonperforming assets to total assets.