Macatawa Bank (MCBC) Earnings Date, Estimates & Call Transcripts

$14.33
+0.03 (+0.21%)
(As of 04/25/2024 ET)

Earnings Summary

Latest
Earnings Date
Jan. 25Estimated
Actual EPS
(Jan. 25)
$0.28 Missed By -$0.04
Consensus EPS
(Jan. 25)
$0.32
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MCBC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MCBC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Macatawa Bank Analyst EPS Estimates

Current Year EPS Consensus Estimate:$1.26 EPS
Next Year EPS Consensus Estimate: $1.30 EPS

MCBC Earnings Date and Information

Macatawa Bank last announced its quarterly earnings data on January 25th, 2024. The financial services provider reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.04. The company had revenue of $26.13 million for the quarter, compared to analysts' expectations of $26.90 million. Macatawa Bank has generated $1.26 earnings per share over the last year ($1.26 diluted earnings per share) and currently has a price-to-earnings ratio of 11.4. Earnings for Macatawa Bank are expected to grow by 3.17% in the coming year, from $1.26 to $1.30 per share.

Macatawa Bank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/25/2024Q4 2023$0.32$0.28($0.04)$0.28$26.90 million$26.13 million
10/26/2023Q3 2023$0.30$0.33+$0.03$0.33$25.90 million$26.86 million
7/27/2023Q2 2023-$0.30+$0.30$0.30-$25.76 million
4/27/2023Q1 2023-$0.35+$0.35$0.35-$27.14 million
1/26/2023Q4 2022-$0.35+$0.35$0.35-$27.90 million
10/27/2022Q3 2022-$0.29+$0.29$0.29-$24.66 million
7/28/2022Q2 2022-$0.19+$0.19$0.19-$19.97 million    
4/28/2022Q1 2022-$0.18+$0.18$0.18-$17.63 million    
1/27/2022Q4 2021-$0.18+$0.18$0.18-$18.17 million    
10/27/2021Q3 2021$0.22$0.21($0.01)$0.21-$19.94 million
7/21/2021Q2 2021$0.23$0.23-$0.23-$20.63 million

Macatawa Bank Earnings - Frequently Asked Questions

When did Macatawa Bank announce their last quarterly earnings?

Macatawa Bank (NASDAQ:MCBC) last announced its quarterly earning data on Thursday, January 25, 2024. Learn more on MCBC's earnings history.

Did Macatawa Bank beat their earnings estimates last quarter?

In the previous quarter, Macatawa Bank (NASDAQ:MCBC) missed the analysts' consensus estimate of $0.32 by $0.04 with a reported earnings per share (EPS) of $0.28. Learn more on analysts' earnings estimate vs. MCBC's actual earnings.

How much revenue does Macatawa Bank generate each year?

Macatawa Bank (NASDAQ:MCBC) has a recorded annual revenue of $132.25 million.

How much profit does Macatawa Bank generate each year?

Macatawa Bank (NASDAQ:MCBC) has a recorded net income of $43.22 million. MCBC has generated $1.26 earnings per share over the last four quarters.

What is Macatawa Bank's price-to-earnings ratio?

Macatawa Bank (NASDAQ:MCBC) has a trailing price-to-earnings ratio of 11.37 and a forward price-to-earnings ratio of 11.37.

What is Macatawa Bank's EPS forecast for next year?

Macatawa Bank's earnings are expected to grow from $1.26 per share to $1.30 per share in the next year, which is a 3.17% increase.


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

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