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MetroCity Bankshares (NASDAQ: MCBS) reported $22.1 million in net income, or $0.76 per diluted share, for the second quarter of 2026.
That is a 31.5% increase over the $16.8 million it earned in the second quarter of 2025.
Strip out the First IC Corporation acquisition completed in the fourth quarter of 2025, and the year-over-year story disappears: the quarter-over-quarter comparison shows net income down $183,000 from $22.3 million in the first quarter of 2026, and diluted EPS sliding one cent.
The First IC lift, quantified The company's own 8-K attributes the year-over-year earnings jump entirely to First IC.
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