Company / Income Tax
MetroCity Bankshares, Inc. Income Tax History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$22.8M
FY2024
5-year range
$12.4M / $28.6M
FY2020-FY2024
Trend
+12.0%
vs FY2023
Sector context
#273 of 392
Financials
What the data says
At $23M, MetroCity Bankshares, Inc.'s income tax ranks #120 of 392 in the Financials sector. Income Tax has fluctuated over the past 8 years, ranging from $12M in FY2020 to $29M in FY2022.
Based on SEC 10-K filings.
$23M in FY2024 with a 5-year CAGR of +7.1%.
Improved from $29M to $23M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +2.9%
- 5-Year CAGR
- +7.1%
- 10-Year CAGR
- -
Sector benchmark
#120 of 392 in FinancialsTop 30% of 392This company $22.8M Sector average $321.5M
▼
-92.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.1%, indicating consistent growth.
- In FY2024, income tax increased 12.0% year-over-year.
- Ranks #273 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2022.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $22.8M | +12.0% |
| FY2023 | $20.4M | -28.9% |
| FY2022 | $28.6M | +36.8% |
| FY2021 | $20.9M | +69.1% |
| FY2020 | $12.4M | -23.4% |
| FY2019 | $16.1M | +10.1% |
| FY2018 | $14.7M | -19.2% |
| FY2017 | $18.2M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026