NasdaqGS - Delayed Quote USD

Macatawa Bank Corporation (MCBC)

14.33 +0.03 (+0.21%)
At close: April 25 at 4:00 PM EDT
14.33 0.00 (0.00%)
After hours: April 25 at 4:20 PM EDT
Loading Chart for MCBC
DELL
  • Previous Close 14.30
  • Open 14.17
  • Bid 14.29 x 200
  • Ask 14.34 x 100
  • Day's Range 14.11 - 14.35
  • 52 Week Range 8.31 - 14.45
  • Volume 199,345
  • Avg. Volume 134,643
  • Market Cap (intraday) 492.402M
  • Beta (5Y Monthly) 0.66
  • PE Ratio (TTM) 43.42
  • EPS (TTM) 0.33
  • Earnings Date Apr 26, 2024 - Apr 29, 2024
  • Forward Dividend & Yield 0.36 (2.51%)
  • Ex-Dividend Date Feb 12, 2024
  • 1y Target Est 12.33

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that engages in the provision of commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, and brokerage services. In addition, it provides asset management, personal trust, and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. The company was incorporated in 1997 and is based in Holland, Michigan.

www.macatawabank.com

287

Full Time Employees

December 31

Fiscal Year Ends

Recent News: MCBC

Performance Overview: MCBC

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MCBC
28.18%
S&P 500
5.84%

1-Year Return

MCBC
53.05%
S&P 500
22.03%

3-Year Return

MCBC
59.63%
S&P 500
20.77%

5-Year Return

MCBC
64.05%
S&P 500
72.46%

Compare To: MCBC

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Statistics: MCBC

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    492.40M

  • Enterprise Value

    --

  • Trailing P/E

    43.42

  • Forward P/E

    11.38

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    4.71

  • Price/Book (mrq)

    1.72

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    41.03%

  • Return on Assets (ttm)

    1.53%

  • Return on Equity (ttm)

    16.18%

  • Revenue (ttm)

    105.34M

  • Net Income Avi to Common (ttm)

    43.22M

  • Diluted EPS (ttm)

    0.33

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    455.21M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: MCBC

Analyst Price Targets

12.00 Low
12.33 Average
14.33 Current
12.50
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MCBC

Fair Value

14.33 Current
 

Dividend Score

0 Low
MCBC
Sector Avg.
100 High
 

Hiring Score

0 Low
MCBC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MCBC
Sector Avg.
100 High
 

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