Macatawa Bank Stock Forecast, Price & News

Macatawa Bank (NASDAQ:MCBC) Frequently Asked Questions

How has Macatawa Bank's stock price been impacted by Coronavirus?

Macatawa Bank's stock was trading at $8.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MCBC stock has increased by 14.3% and is now trading at $9.25.
View which stocks have been most impacted by COVID-19.

Are investors shorting Macatawa Bank?

Macatawa Bank saw a decline in short interest in December. As of December 15th, there was short interest totaling 283,900 shares, a decline 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. Approximately 1.1% 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, January 27th 2022.
View our earnings forecast for Macatawa Bank.

How were Macatawa Bank's earnings last quarter?

Macatawa Bank Co. (NASDAQ:MCBC) posted its quarterly earnings results on Wednesday, October, 27th. The financial services provider reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate 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 announced a quarterly dividend on Thursday, October 28th. Stockholders of record on Thursday, November 11th will be paid a dividend of $0.08 per share on Monday, November 29th. This represents a $0.32 dividend on an annualized basis and a yield of 3.46%. 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 3.42%. 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.

Who are some of Macatawa Bank's key competitors?

Some companies that are related to Macatawa Bank include Tompkins Financial (TMP), Preferred Bank (PFBC), First Foundation (FFWM), Premier Financial (PFC), Metropolitan Bank (MCB), HomeStreet (HMST), German American Bancorp (GABC), Byline Bancorp (BY), TriState Capital (TSC), Washington Trust Bancorp (WASH), Origin Bancorp (OBNK), Republic Bancorp (RBCAA), Lakeland Bancorp (LBAI), Horizon Bancorp (HBNC) and QCR (QCRH).
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."

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 $9.25.

How much money does Macatawa Bank make?

Macatawa Bank has a market capitalization of $316.26 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.