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Macatawa Bank Corp. Message Board

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  • keeperoftheq keeperoftheq Jul 21, 2010 10:44 PM Flag

    MBWM beat the street by $0.25 Per Share


    I agree that MBWM has a better share price. We already know that.

    That does not mean that MCBC will not recover just like mbwm is recovering.

    The large write offs for bad loans are starting to wind down. As that happens, earnings will get better.

    The bad loan write downs are not going to last forever.

    We will know more next week when earnings are released.

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