Macatawa Bank Corporation (MCBC)
| Market Cap | 287.22M |
| Revenue (ttm) | 85.46M |
| Net Income (ttm) | 31.71M |
| Shares Out | 34.19M |
| EPS (ttm) | 0.93 |
| PE Ratio | 9.05 |
| Forward PE | n/a |
| Dividend | $0.32 (3.81%) |
| Ex-Dividend Date | Aug 10, 2021 |
| Volume | 54,214 |
| Open | 8.42 |
| Previous Close | 8.45 |
| Day's Range | 8.40 - 8.46 |
| 52-Week Range | 6.61 - 10.47 |
| Beta | 0.81 |
| Analysts | Hold |
| Price Target | 9.00 (+7.1%) |
| Est. Earnings Date | Oct 28, 2021 |
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 ...
Financial Performance
In 2020, Macatawa Bank's revenue was $82.51 million, a decrease of -1.38% compared to the previous year's $83.67 million. Earnings were $30.17 million, a decrease of -5.67%.
Financial StatementsAnalyst Forecast
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 7.14% from the latest price.
News
Macatawa Bank Corporation Declares Quarterly Dividend
HOLLAND, Mich., July 26, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividen...
Macatawa Bank Corporation Reports Second Quarter 2021 Results
HOLLAND, Mich., July 22, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the secon...
Macatawa Bank Corporation Declares Quarterly Dividend
HOLLAND, Mich., April 26, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash divide...
Macatawa Bank Corporation Reports First Quarter 2021 Results
HOLLAND, Mich., April 22, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the firs...
Macatawa Bank Corporation Reports Fourth Quarter and Full Year 2020 Results
HOLLAND, Mich., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the fourt...
Macatawa Bank Corporation Declares Quarterly Dividend
HOLLAND, Mich., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividen...
Macatawa Bank Corporation Reports Third Quarter 2020 Results
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 the third...
Macatawa Bank Corporation Reports Second Quarter 2020 Results
HOLLAND, Mich., July 23, 2020 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC) today announced its results for the second quarter of 2020.
Should Value Investors Buy Macatawa Bank (MCBC) Stock?
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 the latest v...
Macatawa Bank Corporation Declares Quarterly Dividend
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 cash divid...
Should Value Investors Pick Macatawa Bank (MCBC) Stock?
Is Macatawa Bank (MCBC) a great pick from the value investor's perspective right now? Read on to know more.
Moving Average Crossover Alert: Macatawa Bank
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.
Macatawa Bank Corporation Declares Quarterly Dividend
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 cash divid...
Macatawa Bank Corporation Reports Third Quarter 2019 Results
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 performance.
Macatawa Bank (MCBC) Q2 Earnings and Revenues Surpass Estimates
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 Bank (MCBC) Earnings Expected to Grow: What to Know Ahead of Q2 Release
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.
MCBC vs. CBSH: Which Stock Should Value Investors Buy Now?
MCBC vs. CBSH: Which Stock Is the Better Value Option?
Is Macatawa Bank (MCBC) a Great Pick for Value Investors?
Let's see if Macatawa Bank (MCBC) stock is a good choice for value-oriented investors right now from multiple angles.
MCBC or CBSH: Which Is the Better Value Stock Right Now?
MCBC vs. CBSH: Which Stock Is the Better Value Option?
Macatawa Bank (MCBC) Beats Q1 Earnings and Revenue Estimates
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 Bank (MCBC) Earnings Expected to Grow: What to Know Ahead of Q1 Release
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.
ASB vs. MCBC: Which Stock Should Value Investors Buy Now?
ASB vs. MCBC: Which Stock Is the Better Value Option?