MetroCity Bankshares (FRA:7IR) Other Noninterest Expense : €13.5 Mil (As of Mar. 2024)

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What is MetroCity Bankshares Other Noninterest Expense?

MetroCity Bankshares's other noninterest expense for the three months ended in Mar. 2024 was €4.4 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €13.5 Mil.

MetroCity Bankshares Other Noninterest Expense Historical Data

The historical data trend for MetroCity Bankshares's Other Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MetroCity Bankshares Other Noninterest Expense Chart

MetroCity Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Noninterest Expense

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8.75

10.23

11.53

12.58

12.80

MetroCity Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Noninterest Expense	Get a 7-Day Free Trial															4.01	3.94	4.48	0.69	4.43

MetroCity Bankshares Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.5 Mil.

MetroCity Bankshares (FRA:7IR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MetroCity Bankshares Inc (FRA:7IR) » Definitions » Other Noninterest Expense

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MCBS:USA

Address

5114 Buford Highway, Doraville, GA, USA, 30340

Website

https://www.metrocitybank.com

MetroCity Bankshares Inc is a holding company of its subsidiary Metro City Bank. It provides commercial banking services such as consumer and commercial checking accounts, savings accounts, certificates of deposits, commercial and consumer loans, money transfers and a variety of other banking services. The banks generate revenue from interest income. Its customers include small business owners, professionals, consumers, and real estate developers.

MetroCity Bankshares (FRA:7IR) Headlines

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