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MetroCity Bankshares (FRA:7IR) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)


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What is MetroCity Bankshares Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for MetroCity Bankshares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


MetroCity Bankshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for MetroCity Bankshares's Mortgage Backed Securities (USD Mil) 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 Mortgage Backed Securities (USD Mil) Chart



MetroCity Bankshares  (FRA:7IR) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


MetroCity Bankshares Mortgage Backed Securities (USD Mil) Related Terms

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MetroCity Bankshares (FRA:7IR) Business Description

Industry
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.

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