14.30

0.63% +0.09

Macatawa Bank Corp. (MCBC)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Macatawa Bank Corp. stock is currently priced at $14.30, with a 24-hour trading volume of 106.58K. It has seen a +0.63% increased in the last 24 hours and a +48.96% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $14.18 pivot point. If it approaches the $14.35 resistance level, significant changes may occur.

Previous Close:

$14.21

Open:

$14.14

24h Volume:

106.58K

Market Cap:

$491.37M

Revenue:

$102.48M

Net Income/Loss:

$41.01M

P/E Ratio:

11.09

EPS:

1.29

Net Cash Flow:

$40.34M

1W Performance:

-0.21%

1M Performance:

+48.96%

6M Performance:

+53.93%

1Y Performance:

+55.94%

1D Range:

$14.14

$14.36

52W Range:

$8.31

$14.45

Macatawa Bank Corp. Stock (MCBC) Company Profile

Name

Macatawa Bank Corp.

Sector

Financial (4562)

Industry

Banks - Regional (372)

Phone

616-820-1444

Address

10753 Macatawa Drive, Holland

Employee

296

Twitter

@MacBank

Next Earnings Date

2024-05-01

Latest SEC Filings

MCBC's Discussions on Twitter

Macatawa Bank Corp. Stock (MCBC) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
May-25-16	Initiated	Hovde Group	Market Perform
Oct-15-08	Upgrade	Keefe Bruyette	Underperform → Mkt Perform
Jul-16-08	Reiterated	RBC Capital Mkts	Underperform
Apr-23-08	Reiterated	RBC Capital Mkts	Underperform
Jan-16-08	Reiterated	RBC Capital Mkts	Underperform
Dec-19-07	Reiterated	RBC Capital Mkts	Underperform
Oct-17-07	Reiterated	RBC Capital Mkts	Underperform
Jul-17-07	Downgrade	RBC Capital Mkts	Sector Perform → Underperform
May-10-07	Initiated	Stifel Nicolaus	Hold
Apr-18-07	Reiterated	RBC Capital Mkts	Sector Perform
Mar-16-07	Reiterated	RBC Capital Mkts	Sector Perform
Jan-18-07	Reiterated	RBC Capital Mkts	Sector Perform

View All

Macatawa Bank Corp. Stock (MCBC) Latest News

Macatawa Bank Corp. Stock (MCBC) Financials Data

Macatawa Bank Corp. (MCBC) Revenue 2024

MCBC reported a revenue (TTM) of $102.48 million for the quarter ending March 31, 2024, a +4.48% rise year-over-year.

Macatawa Bank Corp. (MCBC) Net Income 2024

MCBC net income (TTM) was $41.01 million for the quarter ending March 31, 2024, a +0.68% increase year-over-year.

Macatawa Bank Corp. (MCBC) Cash Flow 2024

MCBC recorded a free cash flow (TTM) of $40.34 million for the quarter ending March 31, 2024, a +0.06% increase year-over-year.

Macatawa Bank Corp. (MCBC) Earnings per Share 2024

MCBC earnings per share (TTM) was $1.20 for the quarter ending March 31, 2024, a +1.69% growth year-over-year.

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 non-residential real estate loans; retail loans, such as residential mortgage loans; and 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. The company also offers ATM and debit card processing, cash management, and trust and brokerage services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities through 26 branch offices, as well as a lending and operation service facility in Kent County, Ottawa County, and northern Allegan County, Michigan. Macatawa Bank Corporation was founded in 1997 and is headquartered in Holland, Michigan.