MACATAWA BANK CORP (MCBC) Stock Price, Forecast & Analysis

USA • Nasdaq • NASDAQ:MCBC • US5542251021

14.82 USD
-0.13 (-0.87%)
At close: Jul 31, 2024
14.78 USD
-0.04 (-0.27%)
After Hours: 7/31/2024, 8:00:00 PM

MCBC Key Statistics, Chart & Performance

Key Statistics
Market Cap509.22M
Revenue(TTM)104.13M
Net Income(TTM)41.01M
Shares34.36M
Float26.05M
52 Week High15.16
52 Week Low8.31
Yearly Dividend0.33
Dividend Yield2.43%
EPS(TTM)1.23
PE12.05
Fwd PE11.86
Earnings (Next)10-24
IPO1998-04-02
Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
MCBC short term performance overview.The bars show the price performance of MCBC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 10 20 30 40

MCBC long term performance overview.The bars show the price performance of MCBC in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60

The current stock price of MCBC is 14.82 USD. In the past month the price increased by 1.37%. In the past year, price increased by 53.26%.

MACATAWA BANK CORP / MCBC Daily 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.


Chartmill TA Rating
Chartmill Setup Rating

MCBC Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to MCBC. Both the profitability and the financial health of MCBC get a neutral evaluation. Nothing too spectacular is happening here.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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 RankSector Rank
PM (TTM) 39.38%
ROA 1.57%
ROE 14%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%-17.14%
Sales Q2Q%-6.47%
EPS 1Y (TTM)4.24%
Revenue 1Y (TTM)4.47%

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


Analysts
Analysts85
Price Target15.3 (3.24%)
EPS Next Y-6.18%
Revenue Next Year-1.42%

MCBC Ownership

Ownership
Inst Owners2.45%
Ins Owners0.27%
Short Float %N/A
Short RatioN/A

MCBC Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
TFC TRUIST FINANCIAL CORP12.3570.538B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP14.9439.855B
BBT BEACON FINANCIAL CORP8.6739.631B
MTB M & T BANK CORP12.5835.954B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP13.3435.374B
HBAN HUNTINGTON BANCSHARES INC11.429.903B
CFG CITIZENS FINANCIAL GROUP13.3928.613B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP10.3927.356B
RF REGIONS FINANCIAL CORP11.5426.745B
EWBC EAST WEST BANCORP INC11.8416.299B

About MCBC

Company Profile

MCBC logo image 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

MACATAWA BANK CORP

10753 Macatawa Dr

Holland MICHIGAN 49424 US

CEO: Ronald L. Haan

Employees: 287

MCBC Company Website

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.