Macatawa Bank Corporation (MCBC)
Stock Price Chart
Key Info
| Market Cap | 249.38M |
| Revenue (ttm) | 81.28M |
| Net Income (ttm) | 30.38M |
| Shares Out | 34.11M |
| EPS (ttm) | 0.89 |
| PE Ratio | 8.21 |
| Forward PE | n/a |
| Dividend | $0.32 |
| Dividend Yield | 4.38% |
Stock Quote
| Trading Day | Oct 21, 2020 |
| Last Price | $7.31 |
| Previous Close | $7.22 |
| Change ($) | 0.09 |
| Change (%) | 1.25% |
| Day's Open | 7.26 |
| Day's Range | 7.21 - 7.31 |
| Day's Volume | 9,775 |
| 52-Week Range | 6.01 - 11.42 |
More Stats
| Market Cap | 249.38M |
| Enterprise Value | n/a |
| Earnings Date (est) | Oct 22, 2020 |
| Ex-Dividend Date | Aug 10, 2020 |
| Shares Outstanding | 34.11M |
| Float | 25.98M |
| EPS (basic) | 0.89 |
| EPS (diluted) | 0.89 |
| FCF / Share | 0.83 |
| Dividend | $0.32 |
| Dividend Yield | 4.38% |
| Earnings Yield | 12.18% |
| FCF Yield | 11.37% |
| Payout Ratio | 33.70% |
| Shares Short | 268,615 |
| Short Ratio | 3.85 |
| Short % of Float | 1.03% |
| Beta | 0.77 |
| PE Ratio | 8.21 |
| Forward PE | n/a |
| P/FCF Ratio | 8.80 |
| PS Ratio | 3.07 |
| PB Ratio | 1.07 |
| Revenue | 81.28M |
| Operating Income | 37.40M |
| Net Income | 30.38M |
| Free Cash Flow | 28.34M |
| Net Cash | 369.39M |
| Net Cash / Share | 10.83 |
| Gross Margin | 102.94% |
| Operating Margin | 46.01% |
| Profit Margin | 37.40% |
| FCF Margin | 34.87% |
| ROA | 1.37% |
| ROE | 13.97% |
| ROIC | 1.90% |
Analyst Summary
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 83.67 | 76.68 | 70.71 | 67.96 | 65.37 | 60.96 | 61.67 | 70.19 | 65.89 | 46.13 |
| Revenue Growth | 9.11% | 8.44% | 4.04% | 3.96% | 7.25% | -1.16% | -12.13% | 6.52% | 42.84% | - |
| Gross Profit | 83.67 | 76.68 | 70.71 | 67.96 | 65.37 | 60.96 | 61.67 | 70.19 | 65.89 | 46.13 |
| Operating Income | 39.44 | 32.35 | 27.03 | 22.18 | 18.42 | 15.05 | 13.82 | 17.23 | 5.83 | -16.55 |
| Net Income | 31.98 | 26.38 | 16.29 | 15.95 | 12.79 | 10.47 | 9.55 | 35.49 | 5.83 | -17.85 |
| Shares Outstanding | 34.06 | 34.01 | 33.94 | 33.92 | 33.87 | 33.80 | 27.26 | 27.08 | 27.08 | 17.68 |
| Earnings Per Share | 0.94 | 0.78 | 0.48 | 0.47 | 0.38 | 0.31 | -0.29 | 1.31 | 0.26 | -1.01 |
| EPS Growth | 20.51% | 62.5% | 2.13% | 23.68% | 22.58% | - | - | 403.85% | - | - |
| Dividend Per Share | 0.28 | 0.25 | 0.18 | 0.12 | 0.11 | 0.08 | - | - | - | - |
| Dividend Growth | 12% | 38.89% | 50% | 9.09% | 37.5% | - | - | - | - | - |
| Operating Cash Flow | 29.72 | 29.64 | 22.78 | 16.93 | 14.00 | 16.62 | 16.31 | 13.50 | 12.15 | 33.53 |
| Capital Expenditures | -0.70 | -1.28 | 0.55 | 4.15 | 10.37 | 10.72 | 14.09 | 18.02 | 20.51 | 17.63 |
| Free Cash Flow | 29.02 | 28.35 | 23.33 | 21.08 | 24.37 | 27.34 | 30.41 | 31.52 | 32.66 | 51.17 |
| Cash & Equivalents | 272 | 171 | 161 | 89.82 | 201 | 149 | 182 | 226 | 243 | 236 |
| Total Debt | 80.62 | 101 | 133 | 125 | 137 | 129 | 131 | 135 | 191 | 228 |
| Net Cash / Debt | 192 | 70.05 | 28.11 | -35.59 | 64.07 | 20.11 | 50.66 | 91.65 | 51.55 | 7.90 |
| Assets | 2,069 | 1,975 | 1,890 | 1,741 | 1,730 | 1,584 | 1,517 | 1,561 | 1,508 | 1,578 |
| Liabilities | 1,851 | 1,784 | 1,717 | 1,579 | 1,578 | 1,441 | 1,385 | 1,430 | 1,413 | 1,510 |
| Book Value | 217 | 191 | 173 | 162 | 152 | 143 | 133 | 131 | 94.43 | 67.84 |
Company Profile
Company Details
| Full Name | Macatawa Bank Corporation |
| Country | United States |
| Employees | 285 |
| CEO | Ronald L. Haan |
Stock Information
| Ticker Symbol | MCBC |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: MCBC |
Description
Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides 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, and 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, ecommerce, and trust and brokerage services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of January 27, 2020, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was founded in 1997 and is headquartered in Holland, Michigan.