MetroCorp Bancshares, Inc. announced earlier that it will release the Company’s first quarter results. MetroCorp Bancshares Inc trades on the “NASDAQ” under the Stock Symbol “MCBI”. For More Information regarding “MCBI” as well as the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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MetroCorp Bancshares, Inc. (NASDAQ:MCBI) announced earlier on in the day that it will be releasing the Company’s 2010 first quarter results after the closing of the market on Friday, April 23rd rather than Thursday, April 22, 2010.
On Monday, April 26, 2010, the management @ MetroCorp Bancshares will host a conference call at 11:00 a.m. Eastern Time to discuss the Company’s results. Following the presentation will be a brief question and answer period. To participate by phone, U.S. callers may dial 877- 407- 8291(international callers may dial 201- 689- 8345).
About MetroCorp Bancshares:
MetroCorp Bancshares, Inc. operates as a holding company for MetroBank, National Association; and Metro United Bank that provide commercial banking products and services in Texas and California. The company offers retail deposit products and services, including checking and savings accounts, money market accounts, time deposits, individual retirement accounts, non interest-bearing demand deposit transaction accounts, and interest-bearing NOW accounts. Its loan portfolio includes commercial and industrial loans comprising loans to wholesalers, manufacturers, and business service companies; commercial mortgage loans to finance the purchase of real property; loans for the construction of residential and non-residential properties; loans for commercial properties, such as multi-family, office, industrial, warehouse, and retail centers; and consumer loans comprising automobile loans, lines of credit, and other personal loans. The company also provides government guaranteed lending programs; trade finance loans and letters of credit to facilitate export and import transactions for small and medium-sized businesses; and single-family residential mortgage products through third party mortgage companies, as well as offers ATM cards, debit cards, and online banking services. As of December 31, 2009, it operated 19 branches in the greater Houston, Dallas, San Diego, Los Angeles, and San Francisco metropolitan areas
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets314bd536.
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