| Metrocity Bankshares is a bank holding company. Through its wholly owned subsidiary, Metro City Bank (the Bank), Co. is engaged in the commercial banking and it provides such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, including single family residential loans, money transfers and a variety of other banking services. The Bank operates branches in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. Co. provides depository products, including checking, savings, money market and certificates of deposits, to individuals, businesses, municipalities and other entities. The MCBS average annual return since 2019 is shown above.
The Average Annual Return on the MCBS average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether MCBS average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MCBS average annual return calculation with any dividends reinvested as applicable (on ex-dates).