Net income for Q2 2026 was $22.1 million, up 31.5% year-over-year, driven by the First IC acquisition. Net interest margin and return on equity improved year-over-year, while efficiency ratio and noninterest expenses rose due to merger impacts.Original document: MetroCity Bankshares, Inc. [MCBS] SE…
Net income for Q2 2026 was $22.1 million, up 31.5% year-over-year, driven by the First IC acquisition. Net interest margin and return on equity improved year-over-year, while efficiency ratio and noninterest expenses rose due to merger impacts.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
