MACATAWA BANK CORP

MACATAWA BANK CORP (MCBC)

$8.6

-0.14

(-1.6%)

Live

Insights on MACATAWA BANK CORP

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 27.90M → 27.14M (in $), with an average decrease of 2.7% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 12.11M → 12.00M (in $), with an average decrease of 0.9% per quarter

  • Vs DB

    In the last 3 years, Deutsche Bank AG - Registered Shares has given 24.6% return, outperforming this stock by 6.3%

Performance

  • $8.60
    $9.22
    $8.60
    downward going graph

    0.0%

    Downside

    Day's Volatility :6.72%

    Upside

    6.72%

    downward going graph
  • $6.83
    $11.45
    $8.60
    downward going graph

    20.58%

    Downside

    52 Weeks Volatility :40.35%

    Upside

    24.89%

    downward going graph

Returns

PeriodMACATAWA BANK CORPSector (Financials)Index (Russel 2000)
3 Months
-19.89%
-10.1%
-6.7%
6 Months
-21.33%
-11.6%
-6.2%
1 Year
-5.72%
-9.7%
-6.3%
3 Years
21.39%
37.2%
26.9%

Highlights

Market Capitalization
299.7M
Book Value
$7.6
Dividend Share
0.32
Dividend Yield
3.66%
Earnings Per Share (EPS)
1.18
PE Ratio
7.41
PEG Ratio
4.62
Wall Street Target Price
11.25
Profit Margin
41.02%
Operating Margin TTM
51.95%
Return On Assets TTM
1.46%
Return On Equity TTM
16.09%
Revenue TTM
99.3M
Revenue Per Share TTM
2.9
Quarterly Revenue Growth YOY
41.9%
Gross Profit TTM
91.3M
Diluted Eps TTM
1.18
Quarterly Earnings Growth YOY
1.0
EPS Estimate Current Year
1.34
EPS Estimate Next Year
1.27
EPS Estimate Current Quarter
0.33
EPS Estimate Next Quarter
0.32

Analyst Recommendation

Hold
    0
    0%Buy
    57%Hold
    42%Sell
Based on 7 Wall street analysts offering stock ratings for MACATAWA BANK CORP(by analysts ranked 0 to 5 stars)
Based on 7 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
00
00
00
Hold
4
4
4
Sell
3
3
3

Analyst Forecast

What analysts predicted

Upside of 30.81%

Current $8.60
Target $11.25

Company Financials

FY17Y/Y Change
Revenue
68.5M
↑ 5.35%
Net Income
16.3M
↑ 2.14%
Net Profit Margin
23.79%
↓ 0.75%
FY18Y/Y Change
Revenue
75.9M
↑ 10.87%
Net Income
26.4M
↑ 61.91%
Net Profit Margin
34.74%
↑ 10.95%
FY19Y/Y Change
Revenue
81.8M
↑ 7.77%
Net Income
32.0M
↑ 21.23%
Net Profit Margin
39.08%
↑ 4.34%
FY20Y/Y Change
Revenue
84.1M
↑ 2.77%
Net Income
30.2M
↓ 5.67%
Net Profit Margin
35.87%
↓ 3.21%
FY21Y/Y Change
Revenue
78.2M
↓ 6.97%
Net Income
29.0M
↓ 3.82%
Net Profit Margin
37.09%
↑ 1.22%
FY22Y/Y Change
Revenue
90.2M
↑ 15.27%
Net Income
34.7M
↑ 19.7%
Net Profit Margin
38.52%
↑ 1.43%
Q4 FY21Q/Q Change
Revenue
17.8M
↓ 9.1%
Net Income
6.2M
↓ 13.69%
Net Profit Margin
34.98%
↓ 1.86%
Q1 FY22Q/Q Change
Revenue
17.3M
↓ 2.88%
Net Income
6.0M
↓ 3.47%
Net Profit Margin
34.77%
↓ 0.21%
Q2 FY22Q/Q Change
Revenue
19.6M
↑ 13.39%
Net Income
6.6M
↑ 9.47%
Net Profit Margin
33.57%
↓ 1.2%
Q3 FY22Q/Q Change
Revenue
24.3M
↑ 23.95%
Net Income
10.0M
↑ 52.94%
Net Profit Margin
41.41%
↑ 7.84%
Q4 FY22Q/Q Change
Revenue
27.9M
↑ 15.04%
Net Income
12.1M
↑ 20.64%
Net Profit Margin
43.43%
↑ 2.02%
Q1 FY23Q/Q Change
Revenue
27.1M
↓ 2.72%
Net Income
12.0M
↓ 0.94%
Net Profit Margin
44.22%
↑ 0.79%
FY17Y/Y Change
Total Assets
1.9B
↑ 8.57%
Total Liabilities
1.7B
↑ 8.77%
FY18Y/Y Change
Total Assets
2.0B
↑ 4.49%
Total Liabilities
1.8B
↑ 3.9%
FY19Y/Y Change
Total Assets
2.1B
↑ 4.74%
Total Liabilities
1.9B
↑ 3.76%
FY20Y/Y Change
Total Assets
2.6B
↑ 27.71%
Total Liabilities
2.4B
↑ 29.76%
FY21Y/Y Change
Total Assets
2.9B
↑ 10.85%
Total Liabilities
2.7B
↑ 11.35%
FY22Y/Y Change
Total Assets
2.9B
↓ 0.75%
Total Liabilities
2.7B
↓ 0.56%
Q4 FY21Q/Q Change
Total Assets
2.9B
↑ 0.94%
Total Liabilities
2.7B
↑ 0.96%
Q1 FY22Q/Q Change
Total Assets
2.9B
↑ 0.04%
Total Liabilities
2.7B
↑ 0.36%
Q2 FY22Q/Q Change
Total Assets
2.8B
↓ 5.07%
Total Liabilities
2.5B
↓ 5.45%
Q3 FY22Q/Q Change
Total Assets
2.8B
↑ 1.94%
Total Liabilities
2.6B
↑ 2.38%
Q4 FY22Q/Q Change
Total Assets
2.9B
↑ 2.54%
Total Liabilities
2.7B
↑ 2.36%
Q1 FY23Q/Q Change
Total Assets
2.6B
↓ 9.28%
Total Liabilities
2.4B
↓ 10.65%
FY17Y/Y Change
Operating Cash Flow
22.8M
↑ 34.56%
Investing Cash Flow
-83.2M
↓ 21.06%
Financing Cash Flow
132.0M
↓ 4168.66%
FY18Y/Y Change
Operating Cash Flow
29.6M
↑ 30.1%
Investing Cash Flow
-77.2M
↓ 7.17%
Financing Cash Flow
57.4M
↓ 56.54%
FY19Y/Y Change
Operating Cash Flow
29.7M
↑ 0.29%
Investing Cash Flow
25.1M
↓ 132.54%
Financing Cash Flow
46.3M
↓ 19.27%
FY20Y/Y Change
Operating Cash Flow
30.6M
↑ 2.88%
Investing Cash Flow
-63.6M
↓ 353.23%
Financing Cash Flow
544.3M
↑ 1075.04%
FY21Y/Y Change
Operating Cash Flow
35.9M
↑ 17.49%
Investing Cash Flow
69.4M
↓ 209.09%
Financing Cash Flow
262.7M
↓ 51.73%
FY22Y/Y Change
Operating Cash Flow
34.8M
↓ 3.13%
Investing Cash Flow
-402.5M
↓ 679.93%
Financing Cash Flow
-28.9M
↓ 111.01%
Q4 FY21Q/Q Change
Operating Cash Flow
7.2M
↓ 39.26%
Investing Cash Flow
-216.7M
↓ 360.86%
Financing Cash Flow
22.0M
↓ 148.52%
Q1 FY22Q/Q Change
Operating Cash Flow
6.2M
↓ 14.28%
Investing Cash Flow
-48.6M
↓ 77.57%
Financing Cash Flow
1.6M
↓ 92.72%
Q2 FY22Q/Q Change
Operating Cash Flow
4.9M
↓ 20.78%
Investing Cash Flow
-210.2M
↑ 332.43%
Financing Cash Flow
-145.4M
↓ 9201.94%
Q3 FY22Q/Q Change
Operating Cash Flow
9.1M
↑ 86.61%
Investing Cash Flow
-61.6M
↓ 70.68%
Financing Cash Flow
58.9M
↓ 140.47%
Q4 FY22Q/Q Change
Operating Cash Flow
14.7M
↑ 61.23%
Investing Cash Flow
-82.1M
↑ 33.23%
Financing Cash Flow
56.0M
↓ 4.8%
Q1 FY23Q/Q Change
Operating Cash Flow
12.7M
↓ 13.23%
Investing Cash Flow
-60.2M
↓ 26.71%
Financing Cash Flow
-287.0M
↓ 612.09%

Technicals Summary

Sell

Neutral

Buy

MACATAWA BANK CORP is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
MACATAWA BANK CORP
MACATAWA BANK CORP
-8.67%
-21.33%
-5.72%
21.39%
-28.42%
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
-2.64%
-29.41%
-32.28%
3.58%
-17.69%
U.S. Bancorp
U.S. Bancorp
-6.89%
-32.43%
-42.21%
-16.41%
-38.46%
Truist Financial Corp
Truist Financial Corp
-2.6%
-34.42%
-38.28%
-19.34%
-42.17%
Deutsche Bank AG
Deutsche Bank AG
-3.06%
-1.51%
-6.35%
20.48%
-9.51%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
MACATAWA BANK CORP
MACATAWA BANK CORP
7.41
7.41
4.62
1.34
0.16
0.01
0.04
7.6
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
8.14
8.14
0.41
13.88
0.13
0.01
0.05
104.78
U.S. Bancorp
U.S. Bancorp
8.2
8.2
0.84
4.64
0.11
0.01
0.06
30.13
Truist Financial Corp
Truist Financial Corp
6.84
6.84
0.88
4.38
0.1
0.01
0.07
41.82
Deutsche Bank AG
Deutsche Bank AG
4.01
4.01
0.12
2.06
0.08
0.0
0.03
35.17
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
MACATAWA BANK CORP
MACATAWA BANK CORP
Hold
$299.7M
-28.42%
7.41
41.02%
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
Buy
$47.5B
-17.69%
8.14
29.89%
U.S. Bancorp
U.S. Bancorp
Buy
$47.0B
-38.46%
8.2
25.5%
Truist Financial Corp
Truist Financial Corp
Hold
$40.9B
-42.17%
6.84
28.34%
Deutsche Bank AG
Deutsche Bank AG
Buy
$21.3B
-9.51%
4.01
21.46%

Institutional Holdings

  • BlackRock Inc

    4.67%
  • Dimensional Fund Advisors, Inc.

    4.48%
  • Vanguard Group Inc

    4.12%
  • AllianceBernstein L.P.

    3.76%
  • Rhino Investment Partners, Inc.

    3.10%
  • Renaissance Technologies Corp

    2.54%

Corporate Announcements

  • MACATAWA BANK CORP Dividends March,2023

    In the quarter ending March,2023. MACATAWA BANK CORP has declared dividend of $0.08

    Read More

Company Information

Macatawa Bank Corporation is the bank holding company for its wholly-owned subsidiary bank, Macatawa Bank. Headquartered in Holland, Mich., Macatawa Bank offers a full range of banking, retail and commercial lending, wealth management and ecommerce services to individuals, businesses and governmental entities from a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties. The bank is recognized for its local management team and decision making, along with providing customers excellent service, a rewarding experience and superior financial products. Macatawa Bank has been recognized for the past ten consecutive years as one of 'West Michigan's 101 Best and Brightest Companies to Work For.

Organization
MACATAWA BANK CORP
Employees
287
CEO
Mr. Ronald L. Haan
Industry
Finance

FAQs