Articles from US Metro Bancorp

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.