Macatawa Bank (MCBC) Competitors

$14.21
+0.21 (+1.50%)
(As of 05/1/2024 ET)

MCBC vs. CATC, FMNB, MCB, HTBK, TRST, CCBG, HONE, IBCP, EQBK, and WASH

Should you be buying Macatawa Bank stock or one of its competitors? The main competitors of Macatawa Bank include Cambridge Bancorp (CATC), Farmers National Banc (FMNB), Metropolitan Bank (MCB), Heritage Commerce (HTBK), TrustCo Bank Corp NY (TRST), Capital City Bank Group (CCBG), HarborOne Bancorp (HONE), Independent Bank (IBCP), Equity Bancshares (EQBK), and Washington Trust Bancorp (WASH). These companies are all part of the "state commercial banks" industry.

Macatawa Bank vs.

Macatawa Bank (NASDAQ:MCBC) and Cambridge Bancorp (NASDAQ:CATC) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, institutional ownership, earnings, profitability, analyst recommendations, dividends, valuation, risk and community ranking.

42.5% of Macatawa Bank shares are owned by institutional investors. Comparatively, 55.5% of Cambridge Bancorp shares are owned by institutional investors. 8.6% of Macatawa Bank shares are owned by insiders. Comparatively, 4.5% of Cambridge Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Macatawa Bank had 8 more articles in the media than Cambridge Bancorp. MarketBeat recorded 18 mentions for Macatawa Bank and 10 mentions for Cambridge Bancorp. Cambridge Bancorp's average media sentiment score of 0.40 beat Macatawa Bank's score of -0.09 indicating that Cambridge Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Macatawa Bank
1 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral
Cambridge Bancorp
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

Macatawa Bank has higher earnings, but lower revenue than Cambridge Bancorp. Macatawa Bank is trading at a lower price-to-earnings ratio than Cambridge Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Macatawa Bank$132.25M3.66$43.22M$1.2011.75
Cambridge Bancorp$260.26M1.91$34.11M$3.6317.48

Macatawa Bank has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500. Comparatively, Cambridge Bancorp has a beta of 0.58, indicating that its stock price is 42% less volatile than the S&P 500.

Macatawa Bank pays an annual dividend of $0.36 per share and has a dividend yield of 2.6%. Cambridge Bancorp pays an annual dividend of $2.68 per share and has a dividend yield of 4.2%. Macatawa Bank pays out 30.0% of its earnings in the form of a dividend. Cambridge Bancorp pays out 73.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Macatawa Bank has a net margin of 30.56% compared to Cambridge Bancorp's net margin of 10.11%. Macatawa Bank's return on equity of 14.73% beat Cambridge Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Macatawa Bank30.56% 14.73% 1.53%
Cambridge Bancorp 10.11%6.69%0.65%

Macatawa Bank received 69 more outperform votes than Cambridge Bancorp when rated by MarketBeat users. Likewise, 59.21% of users gave Macatawa Bank an outperform vote while only 56.19% of users gave Cambridge Bancorp an outperform vote.

CompanyUnderperformOutperform
Macatawa BankOutperform Votes
196
59.21%
Underperform Votes
135
40.79%
Cambridge BancorpOutperform Votes
127
56.19%
Underperform Votes
99
43.81%

Macatawa Bank currently has a consensus price target of $12.83, suggesting a potential downside of 8.98%. Cambridge Bancorp has a consensus price target of $73.15, suggesting a potential upside of 15.27%. Given Cambridge Bancorp's higher possible upside, analysts plainly believe Cambridge Bancorp is more favorable than Macatawa Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Macatawa Bank
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Cambridge Bancorp
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Macatawa Bank beats Cambridge Bancorp on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MCBC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MCBC vs. The Competition

MetricMacatawa BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$484.48M$2.30B$8.68B$7.44B
Dividend Yield2.53%4.27%10.67%3.95%
P/E Ratio11.7511.4057.7015.99
Price / Sales3.661.903,674.4785.40
Price / Cash11.228.3328.0235.50
Price / Book1.651.012.284.25
Net Income$43.22M$442.78M$1.02B$213.95M
7 Day Performance-1.40%-1.36%-0.64%0.09%
1 Month Performance46.27%-1.75%-2.20%-5.38%
1 Year Performance47.34%11.57%11.70%5.93%

Macatawa Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CATC
Cambridge Bancorp
3.8931 of 5 stars
$63.71
+1.5%
$73.15
+14.8%
+18.8%$500.12M$260.26M14.68407Short Interest ↓
FMNB
Farmers National Banc
3.1729 of 5 stars
$12.63
+1.4%
$15.33
+21.4%
+1.2%$474.26M$255.20M9.43666Positive News
MCB
Metropolitan Bank
3.6475 of 5 stars
$42.69
+0.9%
$56.50
+32.3%
+23.7%$473.43M$403.31M7.02275
HTBK
Heritage Commerce
4.3135 of 5 stars
$8.30
+2.0%
$10.75
+29.5%
-6.6%$508.38M$243.30M7.83349Earnings Report
Dividend Announcement
Analyst Downgrade
Short Interest ↑
Analyst Revision
News Coverage
TRST
TrustCo Bank Corp NY
4.3986 of 5 stars
$27.90
+4.2%
N/A-10.8%$509.46M$190.16M9.06808Analyst Downgrade
CCBG
Capital City Bank Group
4.8241 of 5 stars
$27.18
+0.3%
$34.67
+27.5%
-12.9%$460.51M$223.61M8.47970Short Interest ↓
HONE
HarborOne Bancorp
3.7343 of 5 stars
$10.05
+2.9%
N/A-5.8%$453.96M$286.14M27.92529
IBCP
Independent Bank
3.3307 of 5 stars
$25.30
+3.3%
N/A+39.2%$529.02M$290.35M9.07741Analyst Report
Analyst Revision
News Coverage
EQBK
Equity Bancshares
2.2271 of 5 stars
$34.29
+4.2%
$32.67
-4.7%
+41.2%$529.44M$227.58M57.15717
WASH
Washington Trust Bancorp
3.0933 of 5 stars
$26.46
+2.8%
N/A-9.4%$450.61M$364.80M9.42665Analyst Revision

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This page (NASDAQ:MCBC) was last updated on 5/1/2024 by MarketBeat.com Staff

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