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Macatawa Bank Company Profile (NASDAQ:MCBC)

Consensus Ratings for Macatawa Bank (NASDAQ:MCBC) (?)
Ratings Breakdown: 2 Hold Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $6.88 (1.55% upside)

Analysts' Ratings History for Macatawa Bank (NASDAQ:MCBC)
Show:
DateFirmActionRatingPrice TargetActions
5/25/2016Hovde GroupInitiated CoverageMarket Perform$7.75View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/1/2016Keefe, Bruyette & WoodsBoost Price Target$5.50 -> $6.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/25/2014 forward)
Earnings History for Macatawa Bank (NASDAQ:MCBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/21/2016        
4/28/2016Q1$0.09$0.10ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/28/2016Q4$0.10$0.10ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015Q315$0.09$0.09ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015Q2$0.09$0.09ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015$0.08$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2015$0.08$0.07ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q3$0.08$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014$0.08$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014$0.06$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2014Q4$0.08($0.56)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/25/2013Q2 2013$0.08$0.10$14.56 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Macatawa Bank (NASDAQ:MCBC)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividend History for Macatawa Bank (NASDAQ:MCBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/3/2016quarterly$0.031.75%5/11/20165/13/20165/27/2016Tweet This Announcement  Share This Announcement on StockTwits
2/1/2016Quarterly$0.032/10/20162/12/20162/26/2016Tweet This Announcement  Share This Announcement on StockTwits
10/27/2015quarterly$0.032.31%11/9/201511/12/201511/27/2015Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015quarterly$0.032.26%8/11/20158/13/20158/28/2015Tweet This Announcement  Share This Announcement on StockTwits
4/27/2015$0.035/12/20155/14/20155/29/2015Tweet This Announcement  Share This Announcement on StockTwits
2/3/2015quarterly$0.021.47%2/10/20152/12/20152/27/2015Tweet This Announcement  Share This Announcement on StockTwits
10/27/2014quarterly$0.021.54%11/4/201411/6/201411/28/2014Tweet This Announcement  Share This Announcement on StockTwits
7/28/2014quarterly$0.021.68%8/5/20148/7/20148/28/2014Tweet This Announcement  Share This Announcement on StockTwits
4/28/2014quarterly$0.021.63%5/6/20145/8/20145/29/2014Tweet This Announcement  Share This Announcement on StockTwits
2/24/2014quarterly$0.021.53%3/5/20143/7/20143/28/2014Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Macatawa Bank (NASDAQ:MCBC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/9/2016Mark BuggeDirectorBuy1,000$5.76$5,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/3/2016Roy Michael K LeDirectorBuy1,000$5.74$5,740.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2015Ronald L HaanCEOBuy5,000$5.17$25,850.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/6/2015White Bay Capital, LllpMajor ShareholderBuy80,796$5.17$417,715.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/5/2015Richard L PostmaDirectorBuy33,177$5.48$181,809.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2013Robert L HerrDirectorBuy1,000$5.10$5,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Macatawa Bank (NASDAQ:MCBC)
DateHeadline
05/30/16 06:19 PMMacatawa Bank Corporation (NASDAQ:MCBC) Shorted Shares Increased 89.01% After Market Selling - HNN - Macatawa Bank Corporation (NASDAQ:MCBC) Shorted Shares Increased 89.01% After Market SellingHNNMacatawa Bank Corporation (NASDAQ:MCBC) has risen 38.54% since October 22, 2015 and is uptrending. It has outperformed by 36.27% the S&P500. Macatawa Bank Corporation is a bank holding company. The company has a market cap of $244.60 ...and more »
05/25/16 06:09 AMCoverage initiated on Macatawa Bank Corporation by Hovde Group -
05/04/16 02:19 PMMACATAWA BANK CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
04/28/16 05:57 PMMacatawa posts 1Q profit -
04/28/16 03:36 PMMacatawa Bank Corporation Reports First Quarter 2016 Results - [at noodls] - HOLLAND, Mich., April 28, 2016 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ:MCBC) today announced its results for the first quarter of 2016, reflecting continued improvement in financial performance. ...
04/11/16 02:17 PMSchaendorf Joins the Macatawa Bank Mortgage Team - [at noodls] - HOLLAND, Mich. (March 29, 2016) - Macatawa Bank is pleased to announce Josh Schaendorf has joined the Mortgage team as Assistant Vice President, Mortgage Loan Officer in their Grand Haven market. He is ...
02/18/16 03:36 PMMACATAWA BANK CORP Files SEC form 10-K, Annual Report -
02/01/16 12:30 PMMacatawa Bank Corp. Earnings Analysis: Q4, 2015 By the Numbers -
01/28/16 03:45 PMMacatawa Bank Corporation Reports Fourth Quarter and Full Year 2015 Results - [at noodls] - , (GLOBE NEWSWIRE) -- (NASDAQ:MCBC) today announced its results for the fourth quarter and full year of 2015, reflecting continued improvement in financial performance. ... This is an abstract of the original ...
01/14/16 10:02 AMMacatawa Bank Chooses Vantiv Merchant Services Solutions - [at noodls] - HOLLAND, Mich. (May 12, 2015) -Macatawa Bank announced today that they have selected Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants ...
01/14/16 10:02 AMConey Named Macatawa Bank Downtown Holland Branch Manager - [at noodls] - HOLLAND, Mich. (May 26, 2015) -Macatawa Bank is pleased to welcome Jason Coney as Branch Manager in our Holland market. He is located in our Downtown Holland office at 141 East 8th Street. In his new position ...
01/14/16 10:02 AMMACATAWA BANK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits -
01/14/16 10:02 AMMacatawa Bank Corporation Reports Second Quarter 2015 Results - [at noodls] - Macatawa Bank Corporation Reports Second Quarter 2015 Results
01/14/16 10:02 AMMacatawa posts 2Q profit -
01/14/16 10:02 AMMacatawa Bank Corp. Earnings Q2*, 2015 -
01/14/16 10:02 AMMacatawa Bank Corporation Reports Third Quarter 2015 Results - [GlobeNewswire] - HOLLAND, Mich., Oct. 22, 2015-- Macatawa Bank Corporation today announced its results for the third quarter of 2015, reflecting continued improvement in financial performance. Net income of $3.2 million ...
01/14/16 10:02 AMMACATAWA BANK CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi -
01/14/16 10:02 AMMacatawa posts 3Q profit -
01/14/16 10:02 AMMacatawa Bank Corporation Declares Dividend - [GlobeNewswire] - HOLLAND, Mich., Oct. 26, 2015-- Macatawa Bank Corporation today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per share on its common stock to be paid on November ...
01/14/16 10:02 AMMacatawa Bank Corp. Earnings Q3, 2015 -
01/14/16 10:02 AMMACATAWA BANK CORP Financials -
01/14/16 10:02 AMMACATAWA BANK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial -
01/14/16 10:02 AMDr. Michael K. Le Roy to serve on Macatawa Bank Corporation Board - [at noodls] - For immediate release NASDAQ Stock Market: MCBC Holland, Michigan, December 17, 2015 - Macatawa Bank Corporation (NASDAQ: MCBC) announced that Dr. Michael K. Le Roy has been appointed to the Board of Directors ...
About Macatawa Bank

Macatawa Bank logoMacatawa Bank Corporation is a bank holding company. The Company owns Macatawa Bank (the Bank). The Company focuses on commercial banking. It also offers automated teller machines (ATMs), Internet banking, telephone banking and debit cards. It offers personal trust services, which include financial planning, investment management services, trust and estate administration, and custodial services. The Company's retirement plan services provide various types of qualified retirement plans, including profit sharing, 401(k) and pension plans. Through its subsidiary, Macatawa Bank, the Company offers a range of commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans through over 30 branch offices, and a lending and operation service facility in Ottawa County, Kent County and northern Allegan County, Michigan.

Industry, Sector and Symbol:
  • Sector: Financial Services
  • Industry: Regional - Midwest Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MCBC
  • CUSIP:
Key Metrics:
  • Previous Close: $6.77
  • 50 Day Moving Average: $7.02
  • 200 Day Moving Average: $6.40
  • P/E Ratio: 17.05
  • P/E Growth: 3.83
  • Market Cap: $229.67M
  • Current Quarter EPS Consensus Estimate: $0.45 EPS
Additional Links:
Macatawa Bank (NASDAQ:MCBC) Chart for Saturday, June, 25, 2016


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