Is MCBS's EPS growth sustainable beyond Q1 2025?

**MetroCity Bankshares' (MCBS) EPS growth is likely to be sustainable beyond Q1 2025**, based on several key factors:

1. **Strategic Merger with First IC**: The planned merger with First IC Corporation is expected to deliver significant EPS accretion of approximately 26% in the first full year post-synergy implementation. This strategic move is likely to bolster MCBS's financial performance and support ongoing EPS growth.
2. **Strong Financial Metrics**: MCBS has demonstrated strong financial metrics, including a 25.0% increase in net income and improved profitability as evidenced by higher basic and diluted EPS. These internal strengths indicate a solid foundation for sustaining EPS growth.
3. **Revenue Growth and Efficiency**: The bank has shown the ability to beat revenue expectations and manage expenses effectively, as seen in its revenue growth and the optimization of operating costs. This financial discipline suggests that MCBS is well-positioned to support continued EPS growth.
4. **Market Position and Scale**: The merger will nearly double MCBS's footprint, enhancing its market positioning and scale, which is critical for sustaining and growing EPS over time. The expanded asset base and deposit portfolio are expected to improve the bank's efficiency ratio and competitive positioning, supporting long-term EPS growth.

In conclusion, the combination of strategic growth initiatives, strong financial performance, and market positioning strongly suggests that MCBS's EPS growth is likely to be sustainable beyond Q1 2025.