Metrocity Bankshares is a bank holding company. Through its wholly owned subsidiary, Metro City Bank (the Bank), Co. is engaged in the commercial banking and it provides such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, including single family residential loans, money transfers and a variety of other banking services. The Bank operates branches in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. Co. provides depository products, including checking, savings, money market and certificates of deposits, to individuals, businesses, municipalities and other entities. The MCBS YTD return is shown above.
The YTD Return on the MCBS YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether MCBS YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MCBS YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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