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MCBC

Macatawa Bank NasdaqGS:MCBC Stock Report

Last Price

US$9.32

Market Cap

US$319.2m

7D

-2.4%

1Y

16.1%

Updated

29 Sep, 2022

Data

Company Financials +
MCBC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends2/6

MCBC Stock Overview

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services.

Macatawa Bank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Macatawa Bank
Historical stock prices
Current Share PriceUS$9.32
52 Week HighUS$10.28
52 Week LowUS$7.96
Beta0.66
1 Month Change-2.51%
3 Month Change6.03%
1 Year Change16.06%
3 Year Change-7.90%
5 Year Change-10.30%
Change since IPO40.16%

Recent News & Updates

Aug 09

Macatawa Bank goes ex-dividend tomorrow

Macatawa Bank (NASDAQ:MCBC) had declared $0.08/share quarterly dividend, in line with previous. Payable Aug. 25; for shareholders of record Aug. 11; ex-div Aug. 10. See MCBC Dividend Scorecard, Yield Chart, & Dividend Growth.

Aug 08
Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08

Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08

The board of Macatawa Bank Corporation ( NASDAQ:MCBC ) has announced that it will pay a dividend on the 25th of August...

Shareholder Returns

MCBCUS BanksUS Market
7D-2.4%-4.2%-3.1%
1Y16.1%-23.9%-21.5%

Return vs Industry: MCBC exceeded the US Banks industry which returned -23.8% over the past year.

Return vs Market: MCBC exceeded the US Market which returned -20.3% over the past year.

Price Volatility

Is MCBC's price volatile compared to industry and market?
MCBC volatility
MCBC Average Weekly Movement2.3%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: MCBC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MCBC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997305Ron Haanhttps://www.macatawabank.com

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, 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.

Macatawa Bank Corporation Fundamentals Summary

How do Macatawa Bank's earnings and revenue compare to its market cap?
MCBC fundamental statistics
Market CapUS$319.24m
Earnings (TTM)US$25.99m
Revenue (TTM)US$78.51m

12.3x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCBC income statement (TTM)
RevenueUS$78.51m
Cost of RevenueUS$0
Gross ProfitUS$78.51m
Other ExpensesUS$52.53m
EarningsUS$25.99m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.76
Gross Margin100.00%
Net Profit Margin33.10%
Debt/Equity Ratio14.2%

How did MCBC perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

42%

Payout Ratio