Advertisement
MetroCity Bankshares Q3 Profit Declines
(RTTNews) - MetroCity Bankshares, Inc. (MCBS), holding company for Metro City Bank, reported Friday that net income for the third quarter declined to $11.43 million or $0.45 per share from $16.89 million or $0.66 per share in the prior-year quarter.
Net interest income declined to $24.15 million from $29.79 million a year ago, and noninterest income decreased 43.1 percent to $2.90 million from $5.10 million last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.50 per share on revenues of $29.20 million for the quarter. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
MetroCity Bankshares Q2 Profit Rises 29%
MetroCity Bankshares, Inc. (MCBS), holding company for Metro City Bank, reported Friday that net income for the second quarter grew to $16.94 million or $0.66 per share from $13.11 million or $0.51 per share in the prior-year quarter.
RTTNews
|
305 dni temu
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday after opening in the green, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,500 level, with weakness in index heavyweights and exporters partially offset by gains in automakers and financial stocks.
RTTNews
|
35 minut temu
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 8,400 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miners, financial and energy stocks partially offset by weakness in technology stocks.
RTTNews
|
56 minut temu
Canadian Dollar Rises As Inflation Climbs
The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.
RTTNews
|
7g 48 minut temu
Swiss Market Ends Modestly Higher
The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.
RTTNews
|
8g 36 minut temu
European Stocks Recover After Weak Start, Close Broadly Higher
European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.
RTTNews
|
8g 56 minut temu
TSX Extends Gains To 10th Straight Session, Hits New Record High
Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns.
Investors are also digesting a report showing a drop in Canada's annual inflation rate.
RTTNews
|
10g 27 minut temu
Honda Cuts EV Sales, Investment Targets As It Shifts Focus
Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
RTTNews
|
11g 27 minut temu
