Macatawa Bank Stock Forecast, Price & News

Macatawa Bank (NASDAQ:MCBC) Frequently Asked Questions

What stocks does MarketBeat like better than Macatawa Bank?

Wall Street analysts have given Macatawa Bank a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Macatawa Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Macatawa Bank?

Macatawa Bank saw a increase in short interest in August. As of August 31st, there was short interest totaling 367,800 shares, an increase of 62.9% from the August 15th total of 225,800 shares. Based on an average daily trading volume, of 73,900 shares, the days-to-cover ratio is currently 5.0 days. Currently, 1.4% of the shares of the stock are short sold.
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, October 28th 2021.
View our earnings forecast for Macatawa Bank.

How were Macatawa Bank's earnings last quarter?

Macatawa Bank Co. (NASDAQ:MCBC) announced its quarterly earnings results on Wednesday, July, 21st. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.23. The financial services provider earned $20.63 million during the quarter. Macatawa Bank had a trailing twelve-month return on equity of 13.15% and a net margin of 35.41%.
View Macatawa Bank's earnings history.

How has Macatawa Bank's stock price been impacted by COVID-19 (Coronavirus)?

Macatawa Bank's stock was trading at $8.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MCBC stock has decreased by 4.8% and is now trading at $7.70.
View which stocks have been most impacted by COVID-19.

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

Macatawa Bank announced a quarterly dividend on Monday, July 26th. Stockholders of record on Wednesday, August 11th will be paid a dividend of $0.08 per share on Thursday, August 26th. This represents a $0.32 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Tuesday, August 10th.
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 4.24%. MCBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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.

Who are some of Macatawa Bank's key competitors?

Some companies that are related to Macatawa Bank include Republic Bancorp (RBCAA), German American Bancorp (GABC), Preferred Bank (PFBC), Origin Bancorp (OBNK), Byline Bancorp (BY), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC), QCR (QCRH), HomeStreet (HMST), Univest Financial (UVSP), Horizon Bancorp (HBNC), Altabancorp (ALTA), HarborOne Bancorp (HONE) and Allegiance Bancshares (ABTX).
View all of MCBC's competitors.

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 (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 BlackRock Inc. (5.47%), Dimensional Fund Advisors LP (4.57%), Vanguard Group Inc. (3.64%), Renaissance Technologies LLC (3.41%), State Street Corp (1.34%) and rhino investment partners Inc (1.32%). Company insiders that own Macatawa Bank stock include Robert L Herr and Timothy J Doyle.
View institutional ownership trends for Macatawa Bank.

Which major investors are selling Macatawa Bank stock?

MCBC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, California Public Employees Retirement System, JPMorgan Chase & Co., Bank of America Corp DE, Panagora Asset Management Inc., Northern Trust Corp, Campbell & CO Investment Adviser LLC, and Vanguard Group Inc..
View insider buying and selling activity for Macatawa Bank or view top insider-selling stocks.

Which major investors are buying Macatawa Bank stock?

MCBC stock was bought by a variety of institutional investors in the last quarter, including rhino investment partners Inc, Parametric Portfolio Associates LLC, Siena Capital Partners GP LLC, BlackRock Inc., First Trust Advisors LP, Geode Capital Management LLC, BHZ Capital Management LP, and American Century Companies Inc.. Company insiders that have bought Macatawa Bank stock in the last two years include Robert L Herr, and Timothy J Doyle.
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 $7.70.

How much money does Macatawa Bank make?

Macatawa Bank has a market capitalization of $263.28 million and generates $91.20 million in revenue each year.

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 or via email at [email protected].