NASDAQ:MCBC Macatawa Bank - MCBC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Macatawa Bank Co. Please log in to your account or sign up in order to add this asset to your watchlist. $10.51 +0.25 (+2.44%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.34▼$10.6350-Day Range$9.70▼$11.1452-Week Range$6.96▼$11.84Volume87,884 shsAverage Volume60,452 shsMarket Capitalization$360.49 millionP/E Ratio10.41Dividend Yield3.04%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Macatawa Bank MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.71% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.36Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.81 out of 5 starsFinance Sector759th out of 872 stocksState Commercial Banks Industry171st out of 179 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Macatawa Bank. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.71% of the float of Macatawa Bank has been sold short.Short Interest Ratio / Days to CoverMacatawa Bank has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Macatawa Bank has recently decreased by 2.26%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldMacatawa Bank pays a meaningful dividend of 3.12%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMacatawa Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Macatawa Bank is 31.68%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MCBC. Previous Next 1.9 News and Social Media Coverage News SentimentMacatawa Bank has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Macatawa Bank this week, compared to 0 articles on an average week.MarketBeat FollowsOnly 1 people have added Macatawa Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Macatawa Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.40% of the stock of Macatawa Bank is held by insiders.Percentage Held by Institutions40.29% of the stock of Macatawa Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Macatawa Bank is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Macatawa Bank is 10.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.60.Price to Book Value per Share RatioMacatawa Bank has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Macatawa Bank (NASDAQ:MCBC) StockMacatawa Bank Corp. operates as a holding company, which engages in the provision of financial services. The company offers a range of commercial and personal banking services. It also includes checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans, internet and telephone banking, and debit cards. The company was founded in 1997 and is headquartered in Holland, MI.Read More Receive MCBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macatawa Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MCBC Stock News HeadlinesMarch 20, 2023 | americanbankingnews.comMacatawa Bank (NASDAQ:MCBC) Receives New Coverage from Analysts at StockNews.comMarch 15, 2023 | benzinga.comMacatawa Bank Stock (NASDAQ:MCBC), Guidance and ForecastMarch 21, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 25, 2023 | seekingalpha.comMCBC Macatawa Bank CorporationJanuary 26, 2023 | finance.yahoo.comMacatawa Bank Corporation Reports Fourth Quarter and Full Year 2022 ResultsJanuary 26, 2023 | msn.comMacatawa Bank GAAP EPS of $0.35 beats by $0.02, revenue of $27.9M beats by $1.15MJanuary 22, 2023 | thestreet.comPower-One, Clarient: Early Volume PlaysNovember 28, 2022 | finance.yahoo.comMacatawa Bank Corporation (NASDAQ:MCBC) insider upped their holding by 13% earlier this yearMarch 21, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.November 12, 2022 | reuters.comMCBC.O - Macau Capital Investments Inc | Stock Price & Latest News | ReutersNovember 1, 2022 | finance.yahoo.comMacatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08October 27, 2022 | finance.yahoo.comMacatawa Bank Corporation Reports Third Quarter 2022 ResultsOctober 5, 2022 | nasdaq.comInstitutional investors own a significant stake of 41% in Macatawa Bank Corporation (NASDAQ:MCBC)September 12, 2022 | finance.yahoo.comInvestors in Macatawa Bank (NASDAQ:MCBC) have made a return of 26% over the past yearAugust 5, 2022 | msn.comLooking Into Macatawa Bank's Return On Capital EmployedAugust 2, 2022 | finance.yahoo.comMacatawa Bank (NASDAQ:MCBC) Is Due To Pay A Dividend Of $0.08July 28, 2022 | finance.yahoo.comMacatawa Bank Corporation Reports Second Quarter 2022 ResultsJune 7, 2022 | finance.yahoo.comA Macatawa Bank Corporation (NASDAQ:MCBC) insider increased their holdings by 13% last yearMay 6, 2022 | benzinga.comMacatawa Bank Earnings Perspective: Return On Capital EmployedApril 29, 2022 | seekingalpha.comMacatawa Bank declares $0.08 dividendApril 5, 2022 | finance.yahoo.comThe past three years for Macatawa Bank (NASDAQ:MCBC) investors has not been profitableFebruary 4, 2022 | benzinga.comTuesday Is Your Last Chance To Buy Macatawa Bank Before The Dividend PayoutFebruary 4, 2022 | nasdaq.comShould You Buy Macatawa Bank Corporation (NASDAQ:MCBC) For Its Upcoming Dividend?February 4, 2022 | finance.yahoo.comMacatawa Bank Corporation (NASDAQ:MCBC) Passed Our Checks, And It's About To Pay A US$0.08 DividendFebruary 3, 2022 | au.finance.yahoo.comMacatawa Bank Corporation Reports Fourth Quarter and Full Year 2021 ResultsJanuary 27, 2022 | benzinga.comRecap: Macatawa Bank Q4 EarningsJanuary 27, 2022 | seekingalpha.comMacatawa Bank GAAP EPS of $0.18, revenue of $18.17MSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MCBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macatawa Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address MCBC Company Calendar Last Earnings10/27/2021Ex-Dividend for 2/28 Dividend2/10/2023Dividend Payable2/28/2023Today3/21/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MCBC CUSIPN/A CIK1053584 Webwww.macatawabank.com Phone(616) 820-1444Fax616-494-7644Employees279Year Founded1997Profitability EPS (Most Recent Fiscal Year)$1.01 Trailing P/E Ratio10.41 Forward P/E RatioN/A P/E GrowthN/ANet Income$34.73 million Net Margins36.59% Pretax Margin45.37% Return on Equity14.29% Return on Assets1.21% Debt Debt-to-Equity Ratio0.12 Current Ratio0.73 Quick Ratio0.73 Sales & Book Value Annual Sales$94.93 million Price / Sales3.80 Cash Flow$1.09 per share Price / Cash Flow9.68 Book Value$7.21 per share Price / Book1.46Miscellaneous Outstanding Shares34,300,000Free Float31,418,000Market Cap$360.49 million OptionableOptionable Beta0.66 Social Links Key ExecutivesRonald L. HaanPresident, Chief Executive Officer & DirectorCraig A. HankinsonChief Operating OfficerJon W. SwetsCFO, Secretary & Senior Vice PresidentJeff A. TatreauChief Technology Officer & Senior Vice PresidentJill A. WalcottChief Retail Banking Officer & Senior VPKey CompetitorsBridgewater BancsharesNASDAQ:BWBRed River BancsharesNASDAQ:RRBICitizens & NorthernNASDAQ:CZNCFive Star BancorpNASDAQ:FSBCCapStar FinancialNASDAQ:CSTRView All CompetitorsInsiders & InstitutionsAlliancebernstein L.P.Bought 193,151 shares on 2/16/2023Ownership: 2.403%rhino investment partners IncBought 37,680 shares on 2/15/2023Ownership: 3.276%Morgan StanleyBought 15,124 shares on 2/15/2023Ownership: 1.567%CI Private Wealth LLCBought 37,037 shares on 2/15/2023Ownership: 0.108%Mariner LLCBought 10,061 shares on 2/15/2023Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions MCBC Stock - Frequently Asked Questions How have MCBC shares performed in 2023? Macatawa Bank's stock was trading at $11.03 at the beginning of the year. Since then, MCBC stock has decreased by 4.7% and is now trading at $10.51. View the best growth stocks for 2023 here. When is Macatawa Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our MCBC earnings forecast. How were Macatawa Bank's earnings last quarter? Macatawa Bank Co. (NASDAQ:MCBC) issued its earnings results on Wednesday, October, 27th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. The financial services provider earned $19.94 million during the quarter. Macatawa Bank had a net margin of 36.59% and a trailing twelve-month return on equity of 14.29%. How often does Macatawa Bank pay dividends? What is the dividend yield for Macatawa Bank? Macatawa Bank announced a quarterly dividend on Thursday, January 26th. Stockholders of record on Monday, February 13th will be paid a dividend of $0.08 per share on Tuesday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Friday, February 10th. Read our dividend analysis for MCBC. What ETF holds Macatawa Bank's stock ? Vanguard U.S. Minimum Volatility ETF holds 3,052 shares of MCBC stock, representing 0.04% of its portfolio. Is Macatawa Bank a good dividend stock? Macatawa Bank (NASDAQ:MCBC) pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.12%. The dividend payout ratio is 31.68%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MCBC. What is Ronald L. Haan's approval rating as Macatawa Bank's CEO? 9 employees have rated Macatawa Bank Chief Executive Officer Ronald L. Haan on Glassdoor.com. Ronald L. Haan has an approval rating of 74% among the company's employees. What other stocks do shareholders of Macatawa Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Macatawa Bank investors own include Mercantile Bank (MBWM), Nokia Oyj (NOK), AT&T (T), Weatherford International (WFT), People's United Financial (PBCT), Public Storage (PSA), Huntington Bancshares (HBAN), International Business Machines (IBM), New York Community Bancorp (NYCB) and Pfizer (PFE). What is Macatawa Bank's stock symbol? Macatawa Bank trades on the NASDAQ under the ticker symbol "MCBC." Who are Macatawa Bank's major shareholders? Macatawa Bank's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.48%), rhino investment partners Inc (3.28%), Renaissance Technologies LLC (2.60%), Alliancebernstein L.P. (2.40%), Morgan Stanley (1.57%) and Geode Capital Management LLC (1.35%). Insiders that own company stock include Thomas P Rosenbach and Timothy J Doyle. View institutional ownership trends. How do I buy shares of Macatawa Bank? Shares of MCBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Macatawa Bank's stock price today? One share of MCBC stock can currently be purchased for approximately $10.51. How much money does Macatawa Bank make? Macatawa Bank (NASDAQ:MCBC) has a market capitalization of $360.49 million and generates $94.93 million in revenue each year. The financial services provider earns $34.73 million in net income (profit) each year or $1.01 on an earnings per share basis. How many employees does Macatawa Bank have? The company employs 279 workers across the globe. How can I contact Macatawa Bank? Macatawa Bank's mailing address is 10753 MACATAWA DRIVE, HOLLAND MI, 49424. The official website for the company is www.macatawabank.com. The financial services provider can be reached via phone at (616) 820-1444, via email at jswets@macatawabank.com, or via fax at 616-494-7644. This page (NASDAQ:MCBC) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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