---
schema_version: "secwatch.filing_event.v1"
accession: "0001747068-24-000068"
form_type: "8-K"
ticker: "MCBS"
cik: "0001747068"
company_name: "MetroCity Bankshares, Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:53:14.643606+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MetroCity Bankshares declares $0.23 quarterly dividend, authorizes repurchase of up to 925,250 shares

## Summary
- Quarterly cash dividend of $0.23 per share declared, payable Nov 8, 2024 to holders of record Oct 30, 2024.
- Board authorized continuation of share repurchase program for up to 925,250 shares from Oct 17, 2024 to Sep 30, 2025.
- Repurchases may be made in open market or private transactions at management's discretion.
- Program may be modified, suspended, or discontinued at any time without obligation to purchase shares.

## SEC filing metadata
- accession: 0001747068-24-000068
- form_type: 8-K
- ticker: MCBS
- cik: 0001747068
- company_name: MetroCity Bankshares, Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747068/000174706824000068/0001747068-24-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747068/000174706824000068/mcbs-20241016x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747068-24-000068
- JSON: https://secwatch.observer/filing/0001747068-24-000068.json
- Plain text: https://secwatch.observer/filing/0001747068-24-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.