About Macatawa Bank Corporation
Macatawa 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
- Previous Close: $10.21
- 50 Day Moving Average: $10.03
- 200 Day Moving Average: $8.97
- 52-Week Range: $5.73 - $10.67
- Trailing P/E Ratio: 21.72
- Foreward P/E Ratio: 17.60
- P/E Growth: 4.86
- Market Cap: $346.53M
- Outstanding Shares: 33,940,000
- Beta: 1.13
- Net Margins: 22.29%
- Return on Equity: 10.06%
- Return on Assets: 0.96%
Companies Related to Macatawa Bank Corporation:
- Debt-to-Equity Ratio: 0.77%
- Current Ratio: 0.94%
- Quick Ratio: 0.94%
What is Macatawa Bank Corporation's stock symbol?
Macatawa Bank Corporation trades on the NASDAQ under the ticker symbol "MCBC."
How often does Macatawa Bank Corporation pay dividends? What is the dividend yield for Macatawa Bank Corporation?
Macatawa Bank Corporation announced a quarterly dividend on Monday, January 30th. Investors of record on Monday, February 13th will be given a dividend of $0.04 per share on Tuesday, February 28th. This represents a $0.16 annualized dividend and a yield of 1.57%. The ex-dividend date is Thursday, February 9th. This is a positive change from Macatawa Bank Corporation's previous quarterly dividend of $0.03.
Where is Macatawa Bank Corporation's stock going? Where will Macatawa Bank Corporation's stock price be in 2017?
2 brokerages have issued 12-month price objectives for Macatawa Bank Corporation's stock. Their predictions range from $7.50 to $7.75. On average, they anticipate Macatawa Bank Corporation's stock price to reach $7.63 in the next year.
When will Macatawa Bank Corporation announce their earnings?
Macatawa Bank Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
Who owns Macatawa Bank Corporation stock?
Macatawa Bank Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.89%), Renaissance Technologies LLC (2.54%), State Street Corp (1.07%), O Shaughnessy Asset Management LLC (0.77%), Russell Investments Group Ltd. (0.09%) and Two Sigma Investments LP (0.08%). Company insiders that own Macatawa Bank Corporation stock include Mark Bugge, Ronald L Haan and Roy Michael K Le.
Who sold Macatawa Bank Corporation stock? Who is selling Macatawa Bank Corporation stock?
Macatawa Bank Corporation's stock was sold by a variety of institutional investors in the last quarter, including Metropolitan Life Insurance Co. NY and Dimensional Fund Advisors LP.
Who bought Macatawa Bank Corporation stock? Who is buying Macatawa Bank Corporation stock?
Macatawa Bank Corporation's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, State Street Corp, Russell Investments Group Ltd., Two Sigma Investments LP, O Shaughnessy Asset Management LLC and Ladenburg Thalmann Financial Services Inc.. Company insiders that have bought Macatawa Bank Corporation stock in the last two years include Mark Bugge, Ronald L Haan and Roy Michael K Le.
How do I buy Macatawa Bank Corporation stock?
Shares of Macatawa Bank Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Macatawa Bank Corporation stock cost?
One share of Macatawa Bank Corporation stock can currently be purchased for approximately $10.21.