MACATAWA BANK CORP (MCBC) Stock Price & Overview
NASDAQ:MCBC • US5542251021
The current stock price of MCBC is 14.82 USD. Today MCBC is down by -0.87%. In the past month the price increased by 1.37%. In the past year, price increased by 53.26%.
MCBC Key Statistics
- Market Cap
- 509.215M
- P/E
- 12.05
- Fwd P/E
- 11.86
- EPS (TTM)
- 1.23
- Dividend Yield
- 2.43%
MCBC Stock Performance
MCBC Stock Chart
MCBC Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to MCBC. When comparing the yearly performance of all stocks, MCBC is one of the better performing stocks in the market, outperforming 92.36% of all stocks.
MCBC Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to MCBC. MCBC has only an average score on both its financial health and profitability.
MCBC Earnings
On July 25, 2024 MCBC reported an EPS of 0.29 and a revenue of 25.39M. The company missed EPS expectations (-4.91% surprise) and missed revenue expectations (-5.5% surprise).
MCBC Forecast & Estimates
8 analysts have analysed MCBC and the average price target is 15.3 USD. This implies a price increase of 3.24% is expected in the next year compared to the current price of 14.82.
For the next year, analysts expect an EPS growth of -6.18% and a revenue growth -1.42% for MCBC
MCBC Groups
Sector & Classification
MCBC Financial Highlights
Over the last trailing twelve months MCBC reported a non-GAAP Earnings per Share(EPS) of 1.23. The EPS increased by 4.24% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 39.38% | ||
| ROA | 1.57% | ||
| ROE | 14% | ||
| Debt/Equity | 0 |
MCBC Ownership
MCBC Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 9.84 | 55.426B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 15.52 | 51.07B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 14 | 45.934B | ||
| HBANZ | HUNTINGTON BANCSHARES - HBAN 5 1/2 PERP | 12.96 | 42.829B | ||
| BBT | BEACON FINANCIAL CORP | 7.76 | 35.926B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 10.78 | 35.501B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 9.55 | 31.421B | ||
| MTB | M & T BANK CORP | 10.45 | 29.532B | ||
| CFG | CITIZENS FINANCIAL GROUP | 10.92 | 24.198B | ||
| RF | REGIONS FINANCIAL CORP | 9.47 | 21.978B | ||
| EWBC | EAST WEST BANCORP INC | 10.02 | 14.553B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 20.05 | 14.441B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 7.78224 PERP | 19.47 | 13.941B |
Related stock screener links
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About MCBC
Company Profile
Macatawa Bank Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Holland, Michigan and currently employs 287 full-time employees. The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. The company operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. The company offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. The company also offers loans products to retail customers, such as residential mortgage and consumer loans. The company offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. The company also offers trust services, which includes personal trust and retirement plan services.
Company Info
IPO: 1998-04-02
MACATAWA BANK CORP
10753 Macatawa Dr
Holland MICHIGAN 49424 US
CEO: Ronald L. Haan
Employees: 287
Phone: 16168201444
MACATAWA BANK CORP / MCBC FAQ
What does MCBC do?
Macatawa Bank Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Holland, Michigan and currently employs 287 full-time employees. The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. The company operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. The company offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. The company also offers loans products to retail customers, such as residential mortgage and consumer loans. The company offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. The company also offers trust services, which includes personal trust and retirement plan services.
What is the current price of MCBC stock?
The current stock price of MCBC is 14.82 USD. The price decreased by -0.87% in the last trading session.
Does MCBC stock pay dividends?
MACATAWA BANK CORP (MCBC) has a dividend yield of 2.43%. The yearly dividend amount is currently 0.33.
What is the ChartMill technical and fundamental rating of MCBC stock?
MCBC has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the market expecting MCBC stock to perform?
8 analysts have analysed MCBC and the average price target is 15.3 USD. This implies a price increase of 3.24% is expected in the next year compared to the current price of 14.82.
Can you provide the PE ratio for MCBC stock?
The PE ratio for MACATAWA BANK CORP (MCBC) is 12.05. This is based on the reported non-GAAP earnings per share of 1.23 and the current share price of 14.82 USD.
What is MACATAWA BANK CORP worth?
MACATAWA BANK CORP (MCBC) has a market capitalization of 509.22M USD. This makes MCBC a Small Cap stock.