Macatawa Bank Corporation (MCBC)
| Market Cap | 305.89M |
| Revenue (ttm) | 80.49M |
| Net Income (ttm) | 29.34M |
| Shares Out | 34.11M |
| EPS (ttm) | 0.86 |
| PE Ratio | 10.43 |
| Forward PE | n/a |
| Dividend | $0.32 |
| Dividend Yield | 3.57% |
| Trading Day | January 22 |
| Last Price | $8.97 |
| Previous Close | $8.77 |
| Change ($) | 0.20 |
| Change (%) | 2.28% |
| Day's Open | 8.71 |
| Day's Range | 8.70 - 8.97 |
| Day's Volume | 65,338 |
| 52-Week Range | 6.16 - 10.47 |
HOLLAND, Mich., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly ca...
HOLLAND, Mich., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for...
HOLLAND, Mich., July 23, 2020 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC) today announced its results for the second quarter of 2020.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
HOLLAND, Mich., Jan. 27, 2020 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly ...
Is Macatawa Bank (MCBC) a great pick from the value investor's perspective right now? Read on to know more.
Macatawa Bank is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
HOLLAND, Mich., Oct. 28, 2019 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly ...
HOLLAND, Mich., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC) today announced its results for the third quarter of 2019, reflecting continued strong financial pe...
Macatawa (MCBC) delivered earnings and revenue surprises of 14.29% and 2.70%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Macatawa (MCBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Let's see if Macatawa Bank (MCBC) stock is a good choice for value-oriented investors right now from multiple angles.
Macatawa (MCBC) delivered earnings and revenue surprises of 10.00% and 0.73%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Macatawa (MCBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About MCBC
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 ... [Read more...]
| Industry Banks-Regional | Founded 1997 |
| CEO Ronald L. Haan | Employees 285 |
| Stock Exchange NASDAQ | Ticker Symbol MCBC |
Financial Performance
In 2019, Macatawa Bank's revenue was $83.67 million, an increase of 9.11% compared to the previous year's $76.68 million. Earnings were $31.98 million, an increase of 21.23%.
Analyst Forecasts
According to 2 analysts, the average rating for Macatawa Bank stock is "Hold." The 12-month stock price forecast is 9.00, which is an increase of 0.33% from the latest price.