Articles from US Metro Bancorp

CORRECTING and REPLACING US Metro Bancorp Announces First Quarter 2026 Results
Under "CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited)," the table titled "At or for the Twelve Months Ended" shoud be removed.
By US Metro Bancorp · Via Business Wire · April 24, 2026
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.04 cash dividend payable on March 25, 2026 to shareholders of record at the close of business on March 10, 2026.
By US Metro Bancorp · Via Business Wire · March 16, 2026
US Metro Bancorp Announces Fourth Quarter 2025 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.2 million in the fourth quarter of 2025, compared to $2.9 million in the third quarter of 2025. For the twelve months ending December 31, 2025, the consolidated Bancorp earned $10.2 million compared to $7.1 million for the twelve months ending December 31, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.68% and an annualized return on average equity (“ROAE”) of 9.49%. With 16,621,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter of 2025 was $0.14 compared to $0.18 in the third quarter of 2025. For the twelve months ending December 31, 2025, EPS was $0.62 compared to $0.43 for the twelve months ending December 31, 2024. On December 31, 2025, Bancorp’s book value per share was $6.73 compared to $6.11 a year earlier.
By US Metro Bancorp · Via Business Wire · January 27, 2026
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on December 16, 2025 to shareholders of record at the close of business on December 2, 2025.
By US Metro Bancorp · Via Business Wire · December 10, 2025
US Metro Bancorp Completes $31.9 Million Subordinated Note Capital Raise and Redemption of $16.0 Million Subordinated Note
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”), the parent company of US Metro Bank (“Bank”), today announced the successful closing of its private placement of $31.9 million aggregate principal amount 6.00% Fixed Interest Rate Subordinated Debt Notes (the “Notes”) on October 31, 2025. The Notes will mature on October 31, 2028, and will bear interest at a rate equal to 6.00% per annum payable on a quarterly basis in arrears. Bancorp will use the proceeds for general corporate purposes including organic growth and/or repayment of certain existing debt instruments.
By US Metro Bancorp · Via Business Wire · November 7, 2025
US Metro Bancorp Announces Third Quarter 2025 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.9 million in the third quarter of 2025, compared to $2.5 million in the second quarter of 2025 and compared to $1.7 million for the three months ending September 30, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.72% and an annualized return on average equity (“ROAE”) of 9.99%. With 16,531,000 shares outstanding, earnings per share (“EPS”) for the third quarter of 2025 was $0.18 compared to $0.15 in the second quarter of 2025 and compared to $0.11 for the three months ending September 30, 2024. On September 30, 2025, Bancorp’s book value per share was $6.62 compared to $6.11 a year earlier.
By US Metro Bancorp · Via Business Wire · October 24, 2025
US Metro Bancorp Announces Second Quarter 2025 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.5 million in the second quarter of 2025, compared to $2.6 million in the first quarter of 2025 and compared to $2.2 million for the three months ending June 30, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.68% and an annualized return on average equity (“ROAE”) of 9.34%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the second quarter of 2025 was $0.15 compared to $0.16 in the first quarter of 2025 and compared to $0.13 for the three months ending June 30, 2024. On June 30, 2025, Bancorp’s book value per share was $6.43 compared to $5.94 a year earlier.
By US Metro Bancorp · Via Business Wire · July 25, 2025
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on June 24, 2025 to shareholders of record at the close of business on June 10, 2025.
By US Metro Bancorp · Via Business Wire · June 11, 2025
US Metro Bancorp Announces First Quarter 2025 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.6 million in the first quarter of 2025, compared to $1.7 million in the fourth quarter of 2024. For the three months ending March 31, 2025, the consolidated Bancorp earned $2.6 million compared to $1.5 million for the three months ending March 31, 2024. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.73% and an annualized return on average equity (“ROAE”) of 10.10%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the first quarter of 2025 was $0.16 compared to $0.11 in the fourth quarter of 2024. For the three months ending March 31, 2025, EPS was $0.16 compared to $0.09 for the three months ending March 31, 2024. On March 31, 2025, Bancorp’s book value per share was $6.29 compared to $5.87 a year earlier.
By US Metro Bancorp · Via Business Wire · April 25, 2025
US Metro Bancorp Completes $15.9 Million Subordinated Note Capital Raise and Redemption of $10.0 Million Subordinated Note
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”), the parent company of US Metro Bank (“Bank”), today announced the successful closing of its private placement of $15.9 million aggregate principal amount 6.00% Fixed Interest Rate Subordinated Debt Notes (the “Notes”) on March 31, 2025. The Notes will mature on March 31, 2028, and will bear interest at a rate equal to 6.00% per annum payable on a quarterly basis in arrears. Bancorp will use the proceeds for general corporate purposes including organic growth and/or repayment of certain existing debt instruments.
By US Metro Bancorp · Via Business Wire · April 14, 2025
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on March 24, 2025 to shareholders of record at the close of business on March 10, 2025.
By US Metro Bancorp · Via Business Wire · March 11, 2025
US Metro Bancorp Announces Fourth Quarter 2024 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $1.7 million in the fourth quarter of 2024, compared to $1.7 million in the third quarter of 2024. For the twelve months ending December 31, 2024, the consolidated Bancorp earned $7.1 million compared to $10.6 million for the twelve months ending December 31, 2023. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.53% and an annualized return on average equity (“ROAE”) of 7.24%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter of 2024 was $0.11 compared to $0.11 in the third quarter of 2024. For the twelve months ending December 31, 2024, EPS was $0.43 compared to $0.65 for the twelve months ending December 31, 2023. On December 31, 2024, Bancorp’s book value per share was $6.11 compared to $5.81 a year earlier.
By US Metro Bancorp · Via Business Wire · January 24, 2025
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on December 23, 2024 to shareholders of record at the close of business on December 9, 2024.
By US Metro Bancorp · Via Business Wire · December 10, 2024
US Metro Bancorp Announces Third Quarter 2024 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $1.7 million in the third quarter of 2024, compared to $2.2 million in the second quarter of 2024. For the three months ending September 30, 2024, the consolidated Bancorp earned $1.7 million compared to $2.3 million for the three months ending September 30, 2023. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.53% and an annualized return on average equity (“ROAE”) of 7.22%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the third quarter of 2024 was $0.11 compared to $0.13 in the second quarter of 2024. For the three months ending September 30, 2024, EPS was $0.11 compared to $0.14 for the three months ending September 30, 2023. On September 30, 2024, Bancorp’s book value per share was $6.11 compared to $5.55 a year earlier.
By US Metro Bancorp · Via Business Wire · October 28, 2024
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on September 23, 2024 to shareholders of record at the close of business on September 9, 2024.
By US Metro Bancorp · Via Business Wire · September 17, 2024
US Metro Bancorp Announces Second Quarter 2024 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $2.2 million in the second quarter of 2024, compared to $1.5 million in the first quarter of 2024. For the three months ending June 30, 2024, the consolidated Bancorp earned $2.2 million compared to $2.7 million for the three months ending June 30, 2023. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.66% and an annualized return on average equity (“ROAE”) of 9.00%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the second quarter of 2024 was $0.13 compared to $0.09 in the first quarter of 2024. For the three months ending June 30, 2024, EPS was $0.13 compared to $0.17 for the three months ending June 30, 2023. On June 30, 2024, the Bancorp’s book value per share was $5.94 compared to $5.51 a year earlier.
By US Metro Bancorp · Via Business Wire · July 23, 2024
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on June 24, 2024 to shareholders of record at the close of business on June 7, 2024.
By US Metro Bancorp · Via Business Wire · June 12, 2024
US Metro Bancorp Announces First Quarter 2024 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $1.5 million in the first quarter of 2024, compared to $2.5 million in the fourth quarter of 2023. For the three months ending March 31, 2024, the consolidated Bancorp earned $1.5 million compared to $3.2 million for the three months ending March 31, 2023. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.47% and an annualized return on average equity (“ROAE”) of 6.13%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the first quarter of 2024 was $0.09 compared to $0.15 in the fourth quarter of 2023. For the three months ending March 31, 2024, EPS was $0.09 compared to $0.19 for the three months ending March 31, 2023. On March 31, 2024, the Bancorp’s book value per share was $5.87 compared to $5.41 a year earlier.
By US Metro Bancorp · Via Business Wire · April 26, 2024
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on March 22, 2024 to shareholders of record at the close of business on March 7, 2024.
By US Metro Bancorp · Via Business Wire · March 21, 2024
US Metro Bancorp Announces Fourth Quarter 2023 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $2.5 million in the fourth quarter of 2023, compared to $2.3 million in the third quarter of 2023. For the twelve months ending December 31, 2023, the consolidated Bancorp earned $10.6 million compared to $16.8 million for the twelve months ending December 31, 2022. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.88% and an annualized return on average equity (“ROAE”) of 11.40%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter of 2023 was $0.15 compared to $0.14 in the third quarter of 2023. For the twelve months ending December 31, 2023, EPS was $0.65 compared to $1.03 for the twelve months ending December 31, 2022. On December 31, 2023, the Bancorp’s book value per share was $5.81 compared to $5.18 a year earlier.
By US Metro Bancorp · Via Business Wire · January 23, 2024
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on December 20, 2023 to shareholders of record at the close of business on December 5, 2023.
By US Metro Bancorp · Via Business Wire · December 13, 2023
US Metro Bancorp Announces Third Quarter 2023 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $2.3 million in the third quarter of 2023, compared to $2.7 million in the second quarter of 2023. For the nine months ending September 30, 2023, the consolidated Bancorp earned $8.1 million compared to $12.0 million for the nine months ending September 30, 2022. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.92% and an annualized return on average equity (“ROAE”) of 11.97%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the third quarter of 2023 was $0.14 compared to $0.17 in the second quarter of 2023. For the nine months ending September 30, 2023, EPS was $0.50 compared to $0.74 for the nine months ending September 30, 2022. On September 30, 2023, the Bancorp’s book value per share was $5.55 compared to $4.92 a year earlier.
By US Metro Bancorp · Via Business Wire · October 27, 2023
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on September 15, 2023 to shareholders of record at the close of business on August 31, 2023.
By US Metro Bancorp · Via Business Wire · September 12, 2023
US Metro Bancorp Announces Second Quarter 2023 Results
US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $2.7 million in the second quarter of 2023, compared to $3.2 million in the first quarter of 2023. For the six months ending June 30, 2023, the consolidated Bancorp earned $5.8 million compared to $7.9 million for the six months ending June 30, 2022. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.02% and an annualized return on average equity (“ROAE”) of 13.02%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the second quarter of 2023 was $0.17 compared to $0.19 in the first quarter of 2023. For the six months ending June 30, 2023, EPS was $0.36 compared to $0.48 for the six months ending June 30, 2022. On June 30, 2023, the Bancorp’s book value per share was $5.51 compared to $4.82 a year earlier.
By US Metro Bancorp · Via Business Wire · July 26, 2023
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on June 15, 2023 to shareholders of record at the close of business on May 31, 2023.
By US Metro Bancorp · Via Business Wire · June 12, 2023
US Metro Bancorp Announces First Quarter 2023 Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the first quarter 2023. US Metro Bancorp (“Bancorp”) is a bank holding company (BHC), with a single subsidiary, US Metro Bank. On a consolidated basis the Bancorp earned $3,165,000 in the first quarter of 2023, compared to $4,871,000 in the fourth quarter of 2022. For the three months ending March 31, 2023, the consolidated Bancorp earned $3,165,000 compared to $3,680,000 for the three months ending March 31, 2022. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.19% and an annualized return on average equity (“ROAE”) of 12.08%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the first quarter 2023 was $0.19 compared to $0.30 in the fourth quarter 2022. For the three months ended March 31, 2023, EPS was $0.19 compared to $0.23 for the three months ending March 31, 2022. On March 31, 2023, the Bancorp’s Book Value was $5.41 compared to $4.77 per share a year earlier.
By US Metro Bancorp · Via Business Wire · April 27, 2023
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.03 cash dividend payable on March 15, 2023 to shareholders of record at the close of business on February 28, 2023.
By US Metro Bancorp · Via Business Wire · March 13, 2023
US Metro Bancorp Announces Fourth Quarter and Full Year 2022 Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the fourth quarter 2022. US Metro Bancorp (“Bancorp”) is a bank holding company (BHC), with a single subsidiary, US Metro Bank. On a consolidated basis the Bancorp earned $4,463,000 in the fourth quarter of 2022, compared to $4,076,000 in the third quarter of 2022. For the twelve months ending December 31, 2022, the consolidated Bancorp earned $16,439,000 compared to $15,705,000 for the twelve months ending December 31, 2021. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.98% and an annualized return on average equity (“ROAE”) of 26.54%. With 16,360,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter 2022 was $0.27 compared to $0.25 in the third quarter 2022. For the twelve months ended December 31, 2022, EPS was $1.01 compared to $0.97 for the twelve months ending December 31, 2021. On December 31, 2022, the Bancorp’s Book Value was $5.17 compared to $4.72 per share a year earlier.
By US Metro Bancorp · Via Business Wire · January 26, 2023
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) declared that its Board of Directors approved a $0.05 cash dividend payable on December 15, 2022 to shareholders of record at the close of business on November 30, 2022.
By US Metro Bancorp · Via Business Wire · December 13, 2022
US Metro Bancorp Announces Third Quarter 2022 Financial Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the third quarter 2022. On a consolidated basis the Bancorp earned $4,076,000 in the third quarter of 2022 compared to $4,220,000 in the second quarter of 2022. For the nine months ending September 30, 2022 the consolidated Bancorp earned $11,976,000 compared to $10,758,000 for the nine months ending September 30, 2021. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.47% and an annualized return on average equity (“ROAE”) of 20.05%. With 16,360,000 shares outstanding, earnings per share (“EPS”) for the third quarter 2022 was $0.25 compared to $0.26 in the second quarter 2022. For the nine months ended September 30, 2022 EPS was $0.74 compared to $0.66 for the nine months ending September 30, 2021. At September 30, 2022 the Bancorp’s Book Value was $4.92 compared to $4.48 per share a year earlier.
By US Metro Bancorp · Via Business Wire · October 28, 2022
US Metro Bancorp Announces Second Quarter 2022 Financial Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the second quarter 2022. On a consolidated basis the Bancorp earned $4,220,000 in the second quarter of 2022 compared to $3,680,000 in the first quarter of 2022. For the six months ending June 30, 2022 the consolidated Bancorp earned $7,900,000 compared to $6,540,000 for the six months ending June 30, 2021. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.47% and an annualized return on average equity (“ROAE”) of 20.24%. With 16,360,000 shares outstanding, earnings per share (“EPS”) for the second quarter 2022 was $0.26 compared to $0.23 in the first quarter 2022. For the six months ended June 30, 2022 EPS was $0.48 compared to $0.40 for the six months ending June 30, 2021. At June 30, 2022 the Bancorp’s Book Value was $4.82 compared to $4.26 per share a year earlier.
By US Metro Bancorp · Via Business Wire · July 29, 2022
US Metro Bancorp Announces First Quarter 2022 Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the first quarter 2022. On a consolidated basis the Bancorp earned $3,680,000 in the first quarter of 2022, compared to $2,288,000 in the first quarter of 2021, a 61% increase. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.45% and an annualized return on average equity (“ROAE”) of 19.11%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the first quarter 2022 was $0.23 compared to $0.14 in the first quarter 2021. At March 31, 2022, the Bancorp’s Book Value was $4.77 compared to $4.01 per share a year earlier.
By US Metro Bancorp · Via Business Wire · April 26, 2022
US Metro Bancorp Announces Fourth Quarter and Full Year 2021 Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the fourth quarter 2021. As of January 2, 2020, US Metro Bancorp (“Bancorp”), a small bank holding company (BHC), was formed making US Metro Bank its lone subsidiary. On a consolidated basis the Bancorp earned $4,528,000 in the fourth quarter of 2021, compared to $4,218,000 in the third quarter of 2021. For the twelve months ending December 31, 2021 the consolidated Bancorp earned $15,286,000 compared to $4,629,000 for the twelve months ending December 31, 2020. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.72% and an annualized return on average equity (“ROAE”) of 21.63%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter 2021 was $0.28 compared to $0.26 in the third quarter 2021. For the twelve months ended December 31, 2021, EPS was $0.94 compared to $0.29 for the twelve months ending December 31, 2020. At December 31, 2021, the Bancorp’s Book Value was $4.70 compared to $3.87 per share a year earlier.
By US Metro Bancorp · Via Business Wire · January 27, 2022
US Metro Bancorp Declares Interim Dividend on Common Stock
US Metro Bancorp (OTCQX: USMT) announced today that its Board of Directors approved a $0.05 cash dividend payable on December 15, 2021 to shareholders of record at the close of business on November 30, 2021.
By US Metro Bancorp · Via Business Wire · November 15, 2021
US Metro Bancorp Announces Third Quarter 2021 Financial Results
US Metro Bancorp (OTCQX: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the third quarter 2021. As of January 2, 2020, US Metro Bancorp (“Bancorp”), a small bank holding company (BHC), was formed making US Metro Bank its lone subsidiary. On a consolidated basis the Bancorp earned $4,218,000 in the third quarter of 2021 compared to $4,252,000 in the second quarter of 2021. For the nine months ending September 30, 2021 the consolidated Bancorp earned $10,758,000 compared to $3,204,000 for the nine months ending September 30, 2020. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.64% and an annualized return on average equity (“ROAE”) of 21.27%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the third quarter 2021 was $0.26 compared to $0.26 in the second quarter 2021. For the nine months ended September 30, 2021 EPS was $0.66 compared to $0.20 for the nine months ending September 30, 2020. At September 30, 2021 the Bancorp’s Book Value was $4.48 compared to $3.78 per share a year earlier.
By US Metro Bancorp · Via Business Wire · October 28, 2021
US Metro Bancorp Announces Second Quarter 2021 Financial Results
US Metro Bancorp (OTC Pink: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the second quarter 2021. As of January 2, 2020, US Metro Bancorp (“Bancorp”), a small bank holding company (BHC), was formed making US Metro Bank its lone subsidiary. On a consolidated basis the Bancorp earned $4,252,210 in the second quarter of 2021 compared to $2,287,620 in the first quarter of 2021. For the six months ending June 30, 2021 the consolidated Bancorp earned $6,539,830 compared to $2,099,341 for the six months ending June 30, 2020. On a year-to-date basis the Bancorp recorded an annualized return on average assets (“ROAA”) of 1.57% and an annualized return on average equity (“ROAE”) of 19.55%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the second quarter 2021 was $0.26 compared to $0.14 in the first quarter 2021. For the six months ended June 30, 2021 EPS was $0.40 compared to $0.13 for the six months ending June 30, 2020. At June 30, 2021 the Bancorp’s Book Value was $4.26 compared to $3.71 per share a year earlier.
By US Metro Bancorp · Via Business Wire · July 20, 2021
US Metro Bancorp Announces First Quarter 2021 Financial Results
US Metro Bancorp (OTC Pink: USMT): Mr. Dong Il Kim, President and CEO, announced US Metro Bancorp and US Metro Bank’s financial results for the first quarter 2021. As of January 2, 2020, US Metro Bancorp (“Bancorp”), a small bank holding company (BHC), was formed, making US Metro Bank its lone subsidiary. On a consolidated basis the Bancorp earned $2,288,000 in the first quarter of 2021 compared to $1,025,000 in the first quarter of 2020, a 123% increase, and compared to earnings of $1,425,000 for the three months ending December 31, 2020. On a year-to-date basis the Bancorp recorded a return on average assets (“ROAA”) of 1.13% and a return on average equity (“ROAE”) of 14.25%. With 16,230,000 shares outstanding, earnings per share (“EPS”) for the first quarter was $0.14 compared to $0.06 in the first quarter last year and $0.09 for the fourth quarter of 2020. At March 31, 2021, the Bancorp’s Book Value was $4.01 compared to $3.65 per share a year earlier.
By US Metro Bancorp · Via Business Wire · April 26, 2021
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