Macatawa Bank Corp. Company Profile (NASDAQ:MCBC)

About Macatawa Bank Corp.

Macatawa Bank Corp. 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: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MCBC
  • CUSIP:
Key Metrics:
  • Previous Close: $7.98
  • 50 Day Moving Average: $7.90
  • 200 Day Moving Average: $7.21
  • 52-Week Range: $5.02 - $8.21
  • Trailing P/E Ratio: 19.46
  • Foreward P/E Ratio: 16.98
  • P/E Growth: 4.55
  • Market Cap: $270.70M
  • Outstanding Shares: 33,922,000
  • Beta: 0.99
Profitability:
  • Net Margins: 20.22%
  • Return on Equity: 9.09%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 0.92%
  • Current Ratio: 0.97%
  • Quick Ratio: 0.97%
Additional Links:
Companies Related to Macatawa Bank Corp.:

Analyst Ratings

Consensus Ratings for Macatawa Bank Corp. (NASDAQ:MCBC) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.63 (4.45% downside)

Analysts' Ratings History for Macatawa Bank Corp. (NASDAQ:MCBC)
Show:
DateFirmActionRatingPrice TargetDetails
8/1/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$7.00 -> $7.50View Rating Details
5/25/2016Hovde GroupInitiated CoverageMarket Perform$7.75View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Macatawa Bank Corp. (NASDAQ:MCBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/21/2016Q2$0.11$0.11ViewN/AView Earnings Details
4/28/2016Q1$0.09$0.10ViewN/AView Earnings Details
1/28/2016Q4$0.10$0.10ViewN/AView Earnings Details
10/22/2015Q315$0.09$0.09ViewN/AView Earnings Details
7/23/2015Q2$0.09$0.09ViewN/AView Earnings Details
4/23/2015$0.08$0.08ViewN/AView Earnings Details
1/29/2015$0.08$0.07ViewN/AView Earnings Details
10/23/2014Q3$0.08$0.08ViewN/AView Earnings Details
7/24/2014$0.08$0.08ViewN/AView Earnings Details
4/24/2014$0.06$0.08ViewN/AView Earnings Details
1/30/2014Q4$0.08($0.56)ViewN/AView Earnings Details
7/25/2013Q2 2013$0.08$0.10$14.56 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Macatawa Bank Corp. (NASDAQ:MCBC)
Current Year EPS Consensus Estimate: $0.44 EPS
Next Year EPS Consensus Estimate: $0.47 EPS

Dividends

Current Dividend Information for Macatawa Bank Corp. (NASDAQ:MCBC)
Annual Dividend:$0.12
Dividend Yield:1.50%
Payout Ratio:30.00% (Based on Trailing 12 Months of Earnings)
27.27% (Based on Current Year Consensus EPS Estimate)
25.53% (Based on Next Year Consensus EPS Estimate)

Dividend History for Macatawa Bank Corp. (NASDAQ:MCBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2016quarterly$0.031.57%8/11/20168/15/20168/30/2016
5/3/2016quarterly$0.031.75%5/11/20165/13/20165/27/2016
2/1/2016Quarterly$0.032/10/20162/12/20162/26/2016
10/27/2015quarterly$0.032.31%11/9/201511/12/201511/27/2015
7/28/2015quarterly$0.032.26%8/11/20158/13/20158/28/2015
4/27/2015$0.035/12/20155/14/20155/29/2015
2/3/2015quarterly$0.021.47%2/10/20152/12/20152/27/2015
10/27/2014quarterly$0.021.54%11/4/201411/6/201411/28/2014
7/28/2014quarterly$0.021.68%8/5/20148/7/20148/28/2014
4/28/2014quarterly$0.021.63%5/6/20145/8/20145/29/2014
2/24/2014quarterly$0.021.53%3/5/20143/7/20143/28/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Macatawa Bank Corp. (NASDAQ:MCBC)
Insider Ownership Percentage: 7.50%
Institutional Ownership Percentage: 24.43%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/9/2016Mark BuggeDirectorBuy1,000$5.76$5,760.00View SEC Filing  
2/3/2016Roy Michael K LeDirectorBuy1,000$5.74$5,740.00View SEC Filing  
5/12/2015Ronald L HaanCEOBuy5,000$5.17$25,850.00View SEC Filing  
2/6/2015White Bay Capital, LllpMajor ShareholderBuy80,796$5.17$417,715.32View SEC Filing  
2/5/2015Richard L PostmaDirectorBuy33,177$5.48$181,809.96View SEC Filing  
11/13/2013Robert L HerrDirectorBuy1,000$5.10$5,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Macatawa Bank Corp. (NASDAQ:MCBC)
DateHeadline
mysmartrend.com logo28.9% Return Seen to Date on SmarTrend Macatawa Bank Call (MCBC) (NASDAQ:MCBC)
www.mysmartrend.com - September 23 at 5:42 PM
mysmartrend.com logoMacatawa Bank Up 26.8% Since SmarTrend Uptrend Call (MCBC) (NASDAQ:MCBC)
www.mysmartrend.com - September 15 at 4:03 PM
capitalcube.com logoETF’s with exposure to Macatawa Bank Corp. : September 15, 2016 (NASDAQ:MCBC)
www.capitalcube.com - September 15 at 4:03 PM
News IconSearch Results for "CTBC Bank Corp (USA)" Market Reports (NASDAQ:MCBC)
www.spi-reports.com - September 5 at 5:29 PM
mysmartrend.com logo30.5% Return Seen to Date on SmarTrend Macatawa Bank Call (MCBC) (NASDAQ:MCBC)
www.mysmartrend.com - September 1 at 5:57 PM
mysmartrend.com logoMacatawa Bank Has Returned 25.3% Since SmarTrend Recommendation (MCBC) (NASDAQ:MCBC)
www.mysmartrend.com - August 24 at 5:55 PM
mysmartrend.com logoUptrend Call Working As Macatawa Bank Stock Rises 25.3% (MCBC) (NASDAQ:MCBC)
www.mysmartrend.com - August 17 at 9:12 AM
capitalcube.com logoMacatawa Bank Corp. :MCBC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NASDAQ:MCBC)
www.capitalcube.com - August 5 at 6:17 PM
breakingfinancenews.com logoMacatawa Bank Corp (NASDAQ:MCBC) target price raised to $8 as covered today by KBW (NASDAQ:MCBC)
breakingfinancenews.com - August 3 at 9:22 AM
News IconEarnings for Macatawa rise in second quarter (NASDAQ:MCBC)
mibiz.com - July 30 at 8:58 AM
4-traders.com logoMacatawa Bank : posts 2Q profit (NASDAQ:MCBC)
www.4-traders.com - July 30 at 8:58 AM
publicnow.com logoMacatawa Bank Corporation Reports Second Quarter 2016 Results (NASDAQ:MCBC)
www.publicnow.com - July 28 at 4:48 PM
publicnow.com logoNyhoff Has Joined The Macatawa Bank Mortgage Team (NASDAQ:MCBC)
www.publicnow.com - July 1 at 11:41 AM
News IconMacatawa Bank Corporation (NASDAQ:MCBC) Shorted Shares Increased 89.01% After Market Selling - HNN (NASDAQ:MCBC)
hintsnewsnetwork.com - May 30 at 7:19 PM
finance.yahoo.com logoCoverage initiated on Macatawa Bank Corporation by Hovde Group (NASDAQ:MCBC)
finance.yahoo.com - May 25 at 7:09 AM
biz.yahoo.com logoMACATAWA BANK CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MCBC)
biz.yahoo.com - May 4 at 3:19 PM
sg.finance.yahoo.com logoMacatawa posts 1Q profit (NASDAQ:MCBC)
sg.finance.yahoo.com - April 28 at 6:57 PM
publicnow.com logoMacatawa Bank Corporation Reports First Quarter 2016 Results (NASDAQ:MCBC)
www.publicnow.com - April 28 at 4:36 PM
publicnow.com logoSchaendorf Joins the Macatawa Bank Mortgage Team (NASDAQ:MCBC)
www.publicnow.com - April 11 at 3:17 PM
biz.yahoo.com logoMACATAWA BANK CORP Files SEC form 10-K, Annual Report (NASDAQ:MCBC)
biz.yahoo.com - February 18 at 4:36 PM
capitalcube.com logoMacatawa Bank Corp. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:MCBC)
www.capitalcube.com - February 1 at 1:30 PM
publicnow.com logoMacatawa Bank Corporation Reports Fourth Quarter and Full Year 2015 Results (NASDAQ:MCBC)
www.publicnow.com - January 28 at 4:45 PM
noodls.com logoMacatawa Bank Chooses Vantiv Merchant Services Solutions (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
noodls.com logoConey Named Macatawa Bank Downtown Holland Branch Manager (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
biz.yahoo.com logoMACATAWA BANK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
noodls.com logoMacatawa Bank Corporation Reports Second Quarter 2015 Results (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
sg.finance.yahoo.com logoMacatawa posts 2Q profit (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
capitalcube.com logoMacatawa Bank Corp. Earnings Q2*, 2015 (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
us.rd.yahoo.com logoMacatawa Bank Corporation Reports Third Quarter 2015 Results (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
biz.yahoo.com logoMACATAWA BANK CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
sg.finance.yahoo.com logoMacatawa posts 3Q profit (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
us.rd.yahoo.com logoMacatawa Bank Corporation Declares Dividend (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
capitalcube.com logoMacatawa Bank Corp. Earnings Q3, 2015 (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
us.rd.yahoo.com logoMACATAWA BANK CORP Financials (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
biz.yahoo.com logoMACATAWA BANK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM
noodls.com logoDr. Michael K. Le Roy to serve on Macatawa Bank Corporation Board (NASDAQ:MCBC)
us.rd.yahoo.com - January 14 at 11:02 AM

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Macatawa Bank Corp. (NASDAQ:MCBC) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff