Macatawa Bank Corp (MCBC)

$13.77

+0.04

(+0.29%)

Market is closed - opens 7 PM, 20 Jun 2024

Insights on Macatawa Bank Corp

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 34.32M → 33.73M (in $), with an average decrease of 1.7% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 9.49M → 9.79M (in $), with an average increase of 3.0% per quarter

  • Vs NU

    In the last 1 year, Nu Holdings Ltd. has given 55.0% return, outperforming this stock by 11.1%

Performance

  • $13.63
    $13.83
    $13.77
    downward going graph

    1.02%

    Downside

    Day's Volatility :1.45%

    Upside

    0.43%

    downward going graph
  • $7.91
    $14.56
    $13.77
    downward going graph

    42.56%

    Downside

    52 Weeks Volatility :45.67%

    Upside

    5.43%

    downward going graph

Returns

PeriodMacatawa Bank CorpSector (Financials)Index (Russel 2000)
3 Months
45.71%
0.5%
0.0%
6 Months
21.32%
9.8%
0.0%
1 Year
44.64%
22.9%
0.0%
3 Years
51.32%
17.1%
-20.9%

Highlights

Market Capitalization
471.8M
Book Value
$8.53
Dividend Share
0.34
Dividend Yield
2.62%
Earnings Per Share (EPS)
0.27
PE Ratio
50.85
PEG Ratio
4.62
Wall Street Target Price
15.0
Profit Margin
39.6%
Operating Margin TTM
49.13%
Return On Assets TTM
1.56%
Return On Equity TTM
14.82%
Revenue TTM
103.6M
Revenue Per Share TTM
3.02
Quarterly Revenue Growth YOY
-6.5%
Gross Profit TTM
91.3M
Diluted Eps TTM
0.27
Quarterly Earnings Growth YOY
-0.19
EPS Estimate Current Year
1.19
EPS Estimate Next Year
1.22
EPS Estimate Current Quarter
0.3
EPS Estimate Next Quarter
0.3

Analyst Recommendation

Buy
    87%Buy
    12%Hold
    0
    0%Sell
Based on 8 Wall street analysts offering stock ratings for Macatawa Bank Corp(by analysts ranked 0 to 5 stars)
Based on 8 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
7
Hold
1
2
2
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 8.93%

Current $13.77
Target $15.00

Company Financials

FY18Y/Y Change
Revenue
77.1M
↑ 11.2%
Net Income
26.4M
↑ 61.91%
Net Profit Margin
34.2%
↑ 10.71%
FY19Y/Y Change
Revenue
83.2M
↑ 7.89%
Net Income
32.0M
↑ 21.23%
Net Profit Margin
38.43%
↑ 4.23%
FY20Y/Y Change
Revenue
85.5M
↑ 2.76%
Net Income
30.2M
↓ 5.67%
Net Profit Margin
35.28%
↓ 3.15%
FY21Y/Y Change
Revenue
79.8M
↓ 6.72%
Net Income
29.0M
↓ 3.82%
Net Profit Margin
36.37%
↑ 1.09%
FY22Y/Y Change
Revenue
13.7M
↓ 82.86%
Net Income
34.7M
↑ 19.7%
Net Profit Margin
254.01%
↑ 217.64%
FY23Y/Y Change
Revenue
132.3M
↑ 867.25%
Net Income
43.2M
↑ 24.45%
Net Profit Margin
32.68%
↓ 221.33%
Q4 FY22Q/Q Change
Revenue
13.7M
↓ 43.63%
Net Income
12.1M
↑ 20.63%
Net Profit Margin
88.62%
↑ 47.21%
Q1 FY23Q/Q Change
Revenue
26.8M
↑ 95.71%
Net Income
12.0M
↓ 0.93%
Net Profit Margin
44.86%
↓ 43.76%
Q2 FY23Q/Q Change
Revenue
25.4M
↓ 5.24%
Net Income
10.3M
↓ 14.1%
Net Profit Margin
40.67%
↓ 4.19%
Q3 FY23Q/Q Change
Revenue
29.8M
↑ 17.47%
Net Income
11.4M
↑ 10.68%
Net Profit Margin
38.32%
↓ 2.35%
Q4 FY23Q/Q Change
Revenue
34.3M
↑ 15.22%
Net Income
9.5M
↓ 16.81%
Net Profit Margin
27.66%
↓ 10.66%
Q1 FY24Q/Q Change
Revenue
33.7M
↓ 1.7%
Net Income
9.8M
↑ 3.14%
Net Profit Margin
29.03%
↑ 1.37%
FY18Y/Y Change
Total Assets
2.0B
↑ 4.49%
Total Liabilities
1.8B
↑ 3.9%
FY19Y/Y Change
Total Assets
2.1B
↑ 4.81%
Total Liabilities
80.6M
↓ 95.48%
FY20Y/Y Change
Total Assets
2.6B
↑ 27.63%
Total Liabilities
90.6M
↑ 12.4%
FY21Y/Y Change
Total Assets
2.9B
↑ 10.85%
Total Liabilities
85.0M
↓ 6.2%
FY22Y/Y Change
Total Assets
2.9B
↓ 0.75%
Total Liabilities
2.7B
↑ 3029.27%
FY23Y/Y Change
Total Assets
2.6B
↓ 10.68%
Total Liabilities
2.5B
↓ 7.45%
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
30.0M
↓ 98.87%
Q2 FY23Q/Q Change
Total Assets
2.6B
↓ 0.26%
Total Liabilities
30.0M
↑ 0.0%
Q3 FY23Q/Q Change
Total Assets
2.8B
↑ 4.92%
Total Liabilities
30.0M
↑ 0.0%
Q4 FY23Q/Q Change
Total Assets
2.6B
↓ 5.91%
Total Liabilities
2.5B
↑ 8105.38%
Q1 FY24Q/Q Change
Total Assets
2.6B
↑ 0.82%
Total Liabilities
2.3B
↓ 5.56%
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 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%
Q2 FY23Q/Q Change
Operating Cash Flow
10.1M
↓ 20.58%
Investing Cash Flow
-34.8M
↓ 42.12%
Financing Cash Flow
-12.1M
↓ 95.79%

Technicals Summary

Sell

Neutral

Buy

Macatawa Bank Corp is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Macatawa Bank Corp
Macatawa Bank Corp
-3.71%
21.32%
44.64%
51.32%
36.34%
Nu Holdings Ltd.
Nu Holdings Ltd.
0.17%
38.51%
52.21%
13.17%
13.17%
Icici Bank Ltd.
Icici Bank Ltd.
-0.33%
10.21%
19.32%
56.74%
126.24%
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
-1.69%
-0.08%
22.16%
-16.11%
15.93%
U.s. Bancorp
U.s. Bancorp
-3.91%
-11.13%
17.0%
-29.81%
-24.62%
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
-9.54%
-13.02%
-1.67%
-8.41%
-35.67%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Macatawa Bank Corp
Macatawa Bank Corp
50.85
50.85
4.62
1.19
0.15
0.02
0.03
8.53
Nu Holdings Ltd.
Nu Holdings Ltd.
45.23
45.23
NA
0.42
0.21
0.03
NA
1.42
Icici Bank Ltd.
Icici Bank Ltd.
17.74
17.74
0.0
1.36
0.19
0.02
0.01
364.7
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
12.82
12.82
3.46
12.64
0.11
0.01
0.04
113.3
U.s. Bancorp
U.s. Bancorp
12.9
12.9
1.14
3.84
0.09
0.01
0.05
31.25
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
9.4
9.4
0.86
0.81
0.19
0.01
0.03
18.93
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Macatawa Bank Corp
Macatawa Bank Corp
Buy
$471.8M
36.34%
50.85
39.6%
Nu Holdings Ltd.
Nu Holdings Ltd.
Buy
$56.2B
13.17%
45.23
29.67%
Icici Bank Ltd.
Icici Bank Ltd.
Buy
$93.1B
126.24%
17.74
27.97%
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
Buy
$60.8B
15.93%
12.82
25.68%
U.s. Bancorp
U.s. Bancorp
Hold
$60.6B
-24.62%
12.9
20.08%
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
Buy
$58.0B
-35.67%
9.4
27.36%

Institutional Holdings

  • AllianceBernstein L.P.

    6.25%
  • BlackRock Inc

    4.95%
  • Dimensional Fund Advisors, Inc.

    4.55%
  • Vanguard Group Inc

    4.28%
  • Renaissance Technologies Corp

    2.72%
  • Geode Capital Management, LLC

    1.68%

Company Information

macatawa bank is a true community bank. we are committed to helping our customers grow and prosper financially. our clients enjoy best in class financial products, extraordinary service and fair prices. readers of grand rapids magazine and holland sentinel voted us #1 bank in west michigan again. we are committed to the communities in which we live and work. in addition to the bank participating in hundreds of community events our employees volunteer thousands of hours of service to make a difference in their communities during the year. many of our employees are active on local boards and provide their financial and leadership expertise to help and support many local non-profit organizations. macatawa bank is a great place to bank and work! check out career opportunities at www.macatawabank.com/careers macatawa bank is an equal opportunity employer and does not discriminate on the basis of age, gender, race, religion, color, national origin, marital status, genetic information, height

Organization
Macatawa Bank Corp
Employees
287
CEO
Mr. Jon W. Swets
Industry
Finance

FAQs