S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NASDAQ:MCBC

Macatawa Bank Stock Forecast, Price & News

$9.14
+0.07 (+0.77%)
(As of 01/21/2022 12:00 AM ET)
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Compare
Today's Range
$9.00
$9.25
50-Day Range
$8.42
$9.45
52-Week Range
$7.37
$10.66
Volume
84,145 shs
Average Volume
103,817 shs
Market Capitalization
$312.50 million
P/E Ratio
9.83
Dividend Yield
3.53%
Beta
0.8
30 days | 90 days | 365 days | Advanced Chart
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Macatawa Bank logo

About Macatawa Bank

Macatawa 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.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MCBC
Employees
321
Year Founded
1997

Sales & Book Value

Annual Sales
$91.20 million
Cash Flow
$0.94 per share
Book Value
$7.03 per share

Profitability

Net Income
$30.17 million
Pretax Margin
44.21%

Debt

Price-To-Earnings

Miscellaneous

Free Float
31,352,000
Market Cap
$312.50 million
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 11/29 Dividend
11/09/2021
Dividend Payable
11/29/2021
Today
1/22/2022
Next Earnings (Estimated)
1/27/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

1.55 out of 5 stars

Finance Sector

975th out of 1,355 stocks

State Commercial Banks Industry

204th out of 235 stocks

Analyst Opinion: 0.0Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Macatawa Bank (NASDAQ:MCBC) Frequently Asked Questions

How has Macatawa Bank's stock been impacted by COVID-19?

Macatawa Bank's stock was trading at $8.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MCBC stock has increased by 13.0% and is now trading at $9.14.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Macatawa Bank?

Macatawa Bank saw a drop in short interest during the month of December. As of December 15th, there was short interest totaling 283,900 shares, a drop of 20.7% from the November 30th total of 357,900 shares. Based on an average trading volume of 83,400 shares, the short-interest ratio is presently 3.4 days. Currently, 1.1% of the company's shares are sold short.
View Macatawa Bank's Short Interest
.

When is Macatawa Bank's next earnings date?

Macatawa Bank is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Macatawa Bank
.

How were Macatawa Bank's earnings last quarter?

Macatawa Bank Co. (NASDAQ:MCBC) released its quarterly earnings results on Wednesday, October, 27th. The financial services provider reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The financial services provider had revenue of $19.94 million for the quarter. Macatawa Bank had a trailing twelve-month return on equity of 12.94% and a net margin of 36.08%.
View Macatawa Bank's earnings history
.

How often does Macatawa Bank pay dividends? What is the dividend yield for Macatawa Bank?

Macatawa Bank declared a quarterly dividend on Thursday, October 28th. Shareholders of record on Thursday, November 11th will be given a dividend of $0.08 per share on Monday, November 29th. This represents a $0.32 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Tuesday, November 9th.
View Macatawa Bank's dividend history
.

Is Macatawa Bank a good dividend stock?

Macatawa Bank pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.53%. The dividend payout ratio of Macatawa Bank is 34.41%. This payout ratio is at a healthy, sustainable level, below 75%.
View Macatawa Bank's dividend history.

Who are Macatawa Bank's key executives?

Macatawa Bank's management team includes the following people:
  • Ronald L. Haan, President, Chief Executive Officer & Director
  • Craig A. Hankinson, Chief Operating Officer
  • Jon W. Swets, CFO, Secretary & Senior Vice President
  • Jeff A. Tatreau, Chief Technology Officer & Senior Vice President
  • Jill A. Walcott, Chief Retail Banking Officer & Senior VP

What is Ronald L. Haan's approval rating as Macatawa Bank's CEO?

9 employees have rated Macatawa Bank CEO Ronald L. Haan on Glassdoor.com. Ronald L. Haan has an approval rating of 74% among Macatawa Bank's employees.

What other stocks do shareholders of Macatawa Bank own?

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 investors include Well Done LLC (0.27%).
View institutional ownership trends for Macatawa Bank
.

Which institutional investors are buying Macatawa Bank stock?

MCBC stock was purchased by a variety of institutional investors in the last quarter, including Well Done LLC.
View insider buying and selling activity for Macatawa Bank
or or view top insider-buying stocks.

How do I buy shares of Macatawa Bank?

Shares of MCBC 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 $9.14.

How much money does Macatawa Bank make?

Macatawa Bank has a market capitalization of $312.50 million and generates $91.20 million in revenue each year. The financial services provider earns $30.17 million in net income (profit) each year or $0.93 on an earnings per share basis.

How many employees does Macatawa Bank have?

Macatawa Bank employs 321 workers across the globe.

When was Macatawa Bank founded?

Macatawa Bank was founded in 1997.

What is Macatawa Bank's official website?

The official website for Macatawa Bank is www.macatawabank.com.

Where are Macatawa Bank's headquarters?

Macatawa Bank is headquartered at 10753 MACATAWA DRIVE, HOLLAND MI, 49424.

How can I contact Macatawa Bank?

Macatawa Bank's mailing address is 10753 MACATAWA DRIVE, HOLLAND MI, 49424. The financial services provider can be reached via phone at (616) 820-1444, via email at [email protected], or via fax at 616-494-7644.


This page was last updated on 1/22/2022 by MarketBeat.com Staff

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