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MetroCity Bankshares (FRA:7IR) Market Cap : €582.3 Mil (As of May. 25, 2024)


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What is MetroCity Bankshares Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MetroCity Bankshares's share price for the quarter that ended in Mar. 2024 was €22.4. MetroCity Bankshares's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 25.2 Mil. Therefore, MetroCity Bankshares's market cap for the quarter that ended in Mar. 2024 was €564.6 Mil.

MetroCity Bankshares's quarterly market cap increased from Sep. 2023 (€459.4 Mil) to Dec. 2023 (€559.6 Mil) and increased from Dec. 2023 (€559.6 Mil) to Mar. 2024 (€564.6 Mil).

MetroCity Bankshares's annual market cap declined from Dec. 2021 (€611.2 Mil) to Dec. 2022 (€503.4 Mil) but then increased from Dec. 2022 (€503.4 Mil) to Dec. 2023 (€559.6 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MetroCity Bankshares's Enterprise Value for Today is €678.4 Mil.


MetroCity Bankshares Market Cap Historical Data

The historical data trend for MetroCity Bankshares's Market Cap 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.

* Premium members only.

MetroCity Bankshares Market Cap Chart

MetroCity Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only - - 611.16 503.39 559.56

MetroCity Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 377.16 412.06 459.39 559.56 564.60

Competitive Comparison of MetroCity Bankshares's Market Cap

For the Banks - Regional subindustry, MetroCity Bankshares's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MetroCity Bankshares's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MetroCity Bankshares's Market Cap distribution charts can be found below:

* The bar in red indicates where MetroCity Bankshares's Market Cap falls into.



MetroCity Bankshares Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MetroCity Bankshares's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€22.2*25.2055
=€559.6

MetroCity Bankshares's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€22.4*25.2055
=€564.6

* 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.


MetroCity Bankshares  (FRA:7IR) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


MetroCity Bankshares Market Cap Related Terms

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MetroCity Bankshares (FRA:7IR) Business Description

Traded in Other Exchanges
Address
5114 Buford Highway, Doraville, GA, USA, 30340
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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