Macatawa Bank (MCBC) Competitors

$14.24
-0.09 (-0.63%)
(As of 01:46 PM ET)

MCBC vs. CATC, FMNB, MCB, HTBK, TRST, CCBG, HONE, IBCP, EQBK, and WASH

Should you be buying Macatawa Bank stock or one of its competitors? The main competitors of Macatawa Bank include Cambridge Bancorp (CATC), Farmers National Banc (FMNB), Metropolitan Bank (MCB), Heritage Commerce (HTBK), TrustCo Bank Corp NY (TRST), Capital City Bank Group (CCBG), HarborOne Bancorp (HONE), Independent Bank (IBCP), Equity Bancshares (EQBK), and Washington Trust Bancorp (WASH). These companies are all part of the "state commercial banks" industry.

Macatawa Bank vs.

Cambridge Bancorp (NASDAQ:CATC) and Macatawa Bank (NASDAQ:MCBC) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, analyst recommendations, risk, media sentiment, dividends, earnings, institutional ownership, community ranking and profitability.

Cambridge Bancorp pays an annual dividend of $2.68 per share and has a dividend yield of 4.2%. Macatawa Bank pays an annual dividend of $0.36 per share and has a dividend yield of 2.5%. Cambridge Bancorp pays out 73.8% of its earnings in the form of a dividend. Macatawa Bank pays out 28.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cambridge Bancorp has increased its dividend for 25 consecutive years and Macatawa Bank has increased its dividend for 1 consecutive years. Cambridge Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

55.5% of Cambridge Bancorp shares are held by institutional investors. Comparatively, 42.5% of Macatawa Bank shares are held by institutional investors. 4.5% of Cambridge Bancorp shares are held by company insiders. Comparatively, 8.6% of Macatawa Bank shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Cambridge Bancorp has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Macatawa Bank has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500.

Macatawa Bank has a net margin of 32.68% compared to Macatawa Bank's net margin of 10.11%. Cambridge Bancorp's return on equity of 15.99% beat Macatawa Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Cambridge Bancorp10.11% 6.69% 0.65%
Macatawa Bank 32.68%15.99%1.60%

Macatawa Bank has lower revenue, but higher earnings than Cambridge Bancorp. Macatawa Bank is trading at a lower price-to-earnings ratio than Cambridge Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cambridge Bancorp$260.26M1.95$34.11M$3.6317.79
Macatawa Bank$132.25M3.71$43.22M$1.2611.34

Cambridge Bancorp currently has a consensus target price of $73.15, indicating a potential upside of 11.82%. Macatawa Bank has a consensus target price of $11.75, indicating a potential downside of 17.77%. Given Macatawa Bank's higher probable upside, equities research analysts clearly believe Cambridge Bancorp is more favorable than Macatawa Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cambridge Bancorp
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Macatawa Bank
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Macatawa Bank received 68 more outperform votes than Cambridge Bancorp when rated by MarketBeat users. Likewise, 59.09% of users gave Macatawa Bank an outperform vote while only 56.19% of users gave Cambridge Bancorp an outperform vote.

CompanyUnderperformOutperform
Cambridge BancorpOutperform Votes
127
56.19%
Underperform Votes
99
43.81%
Macatawa BankOutperform Votes
195
59.09%
Underperform Votes
135
40.91%

In the previous week, Cambridge Bancorp had 3 more articles in the media than Macatawa Bank. MarketBeat recorded 13 mentions for Cambridge Bancorp and 10 mentions for Macatawa Bank. Cambridge Bancorp's average media sentiment score of -0.20 beat Macatawa Bank's score of -0.23 indicating that Macatawa Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cambridge Bancorp
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral
Macatawa Bank
0 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Summary

Macatawa Bank beats Cambridge Bancorp on 13 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MCBC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MCBC vs. The Competition

MetricMacatawa BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$491.00M$2.26B$8.39B$7.63B
Dividend Yield2.52%4.27%10.49%3.93%
P/E Ratio11.3411.2558.9416.45
Price / Sales3.711.843,587.0381.82
Price / Cash11.268.4427.8335.09
Price / Book1.711.012.394.39
Net Income$43.22M$416.02M$991.53M$213.88M
7 Day Performance1.13%1.06%1.05%1.82%
1 Month Performance51.54%0.03%-1.16%-3.77%
1 Year Performance53.16%23.18%14.27%9.28%

Macatawa Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CATC
Cambridge Bancorp
3.5858 of 5 stars
$63.71
+1.5%
$73.15
+14.8%
+21.7%$500.12M$260.26M14.68407Dividend Announcement
Short Interest ↓
News Coverage
FMNB
Farmers National Banc
3.5056 of 5 stars
$12.63
+1.4%
$15.33
+21.4%
+11.2%$474.26M$255.20M9.43666Positive News
MCB
Metropolitan Bank
4.2135 of 5 stars
$42.69
+0.9%
$56.50
+32.3%
+34.5%$473.43M$403.31M7.02275
HTBK
Heritage Commerce
4.3643 of 5 stars
$8.30
+2.0%
$10.75
+29.5%
+7.6%$508.38M$243.30M7.83349Analyst Report
Short Interest ↑
News Coverage
TRST
TrustCo Bank Corp NY
4.5555 of 5 stars
$27.90
+4.2%
N/A-8.8%$509.46M$190.16M9.06808Analyst Upgrade
CCBG
Capital City Bank Group
4.7936 of 5 stars
$27.18
+0.3%
$34.67
+27.5%
-7.7%$460.51M$223.61M8.47970Analyst Report
Short Interest ↓
Positive News
HONE
HarborOne Bancorp
3.4765 of 5 stars
$10.05
+2.9%
N/A-5.6%$453.96M$286.14M27.92529News Coverage
IBCP
Independent Bank
3.6205 of 5 stars
$25.30
+3.3%
N/A+50.1%$529.02M$290.35M9.07741Dividend Announcement
News Coverage
EQBK
Equity Bancshares
2.2593 of 5 stars
$34.29
+4.2%
$32.67
-4.7%
+47.7%$529.44M$227.58M57.15717Analyst Report
WASH
Washington Trust Bancorp
3.3962 of 5 stars
$26.46
+2.8%
N/A-9.4%$450.61M$364.80M9.42665Analyst Upgrade
Analyst Revision

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This page (NASDAQ:MCBC) was last updated on 4/26/2024 by MarketBeat.com Staff

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