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MetroCity Bankshares Q2 Profit Rises 29%
(RTTNews) - 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.
Net interest income increased to $30.71 million from $24.97 million a year ago, and noninterest income grew to $5.56 million from $4.69 million last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.59 per share on revenues of $34.1 million for the quarter. Analysts' estimates typically exclude special items.
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MetroCity Bankshares Q3 Profit Declines
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.
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Pred 678 dňami
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Pred 37 minútami
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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Pred 43 minútami
European Shares Seen Mostly Lower Before US Inflation Data
European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
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Pred 2 h 24 min
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.
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Pred 3 h 32 min
Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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Pred 4 h 28 min
Asian Markets Mixed Amid Caution Trades
Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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Pred 4 h 58 min
Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.
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Pred 5 h 31 min
