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Market Cap 332.64M P/E 8.22 EPS this Y -7.80% Ern Qtrly Grth -18.40%
Income 41.01M Forward P/E 8.08 EPS next Y 5.00% 50D Avg Chg 3.00%
Sales 103.58M PEG 1.56 EPS past 5Y 7.98% 200D Avg Chg -4.00%
Dividend 3.00% Price/Book 1.26 EPS next 5Y 8.00% 52W High Chg -18.00%
Recommedations 1.50 Quick Ratio - Shares Outstanding 34.36M 52W Low Chg 39.00%
Insider Own 24.19% ROA 1.56% Shares Float 31.36M Beta 0.53
Inst Own 43.25% ROE 14.82% Shares Shorted/Prior 159.65K/175.43K Price 9.70
Gross Margin - Profit Margin 39.60% Avg. Volume 48,630 Target Price 15.00
Oper. Margin 49.13% Earnings Date Oct 24 Volume 44,189 Change -0.41%
About Macatawa Bank Corporation

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that engages in the provision of commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, and brokerage services. In addition, it provides asset management, personal trust, and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. The company was incorporated in 1997 and is based in Holland, Michigan.

MCBC Chatroom

User Image intratio Posted - 3 months ago

$MCBC https://www.intratio.com/stock-forecast/MCBC The statistical model computed this equity s value should stay unchanged in the upcoming days and the stock price is in line with the long-term fundamentals of the business

User Image tradingcalendar Posted - 07/31/24

Macatawa Bank Corporation $MCBC acquisition - Shares being acquired by Wintrust Financial Corp $WTFC - Shares to be delisted from trading after 8PM on July 31st - Shareholders to receive 0.1366 shares of WTFC for each share of MCBC owned More information : https://www.sec.gov/Archives/edgar/data/1053584/000110465924072506/tm2417437-1_defm14a.htm

User Image tradethehalt Posted - 07/31/24

$MCBC trade halt (T12) was alerted to our Members at 7:50pm EDT. Halt price: $14.78 Vol: 3.04M.

User Image NVDAMillionaire Posted - 07/29/24

$MCBC Macatawa Bank Corporation (MCBC): A Resilient Community Bank Navigating Challenges with Prudence http://beyondspx.com/2024/07/29/macatawa-bank-corporation-mcbc-a-resilient-community-bank-navigating-challenges-with-prudence/

User Image 2many7s Posted - 4 months ago

$MCBC Hit within 1 cent of buyout price, looks like it's going thru !

User Image Wealthmanagementwizard Posted - 4 months ago

$MCBC time to take profit and wait for another drop

User Image Bigeyes2 Posted - 4 months ago

$MCBC cup and handle on the weekly chart

User Image Oh2rion Posted - 4 months ago

$MCBC this trade was just over two weeks and yielded 9.18%. I exited today and put profits into $SOFI Left the money for purchase of MCBC on sidelines for now.

User Image Wealthmanagementwizard Posted - 06/29/24

@SpearfishingPro oh fyi if you want to make a quick buck check out mcbc $MCBC

User Image Oh2rion Posted - 5 months ago

$MCBC this now sits at greater than 10% from purchase price this year. +/- 5 months Annualized that’s be well over 20%

User Image Wealthmanagementwizard Posted - 5 months ago

$MCBC arbitrage opportunity buy now and make 14.85 per share. Bank is being sold this year.

User Image Oh2rion Posted - 05/23/24

Get ready to buy $MCBC just doing some last min research. $WTFC convert on this one. WTFC is slightly hot on deposit to loan ratio of 91%. MCBC is at a cool at 55% DTL. This merger gets WTFC is the “ideal” threshold for Deposit to Loan ratio.

User Image intratio Posted - 6 months ago

$MCBC https://www.intratio.com/stock-forecast/MCBC Our predictive algorithm calculated that this company s market value has an unfavorable short-term setup and has a neutral long-term outlook

User Image Oh2rion Posted - 6 months ago

$MCBC being acquired by $WTFC at an implied purchase price of 14.85. Will be an all stock purchase/merger. $MCBC currently sitting at >70 rsi. A DA signed, and WTFC has moved forward with all M&A in recent history. The ability to catch MCBC at 13.73 would imply a 7.5% gain by year end, with minimal risk.

User Image Avocado_smash Posted - 6 months ago

RSI ABOVE 70 right now: $CMRE $HTLF $IIPR $MAIN $MCBC

User Image Avocado_smash Posted - 6 months ago

$MCBC $OGN $ALX $EBTC $EXC Ex dividend week of 05/06: (11)

User Image epsguid Posted - 04/25/24

$MCBC reported earnings of $0.29, consensus was $0.30 via @eWhispers #epsmiss http://eps.sh/d/mcbc

User Image DonCorleone77 Posted - 04/25/24

$MCBC Macatawa Bank reports Q1 EPS 29c, consensus 30c Net interest margin of 3.26% in first quarter 2024 versus 3.44% in first quarter 2023 and 3.28% in fourth quarter 2023. Reports book value per share $8.53. The Company's total risk-based regulatory capital ratio at March 31, 2024 was consistent with the ratio at December 31, 2023 and March 31, 2023. Macatawa Bank's risk-based regulatory capital ratios continue to be at levels considerably above those required to be categorized as "well capitalized" under applicable regulatory capital guidelines. "We are pleased to report strong profitability and balance sheet results for the first quarter 2024," said Jon Swets, President and CEO of the Company. "We have started the year right where we left off with continued loan portfolio growth and maintained our excellent asset quality. On the funding side of the balance sheet we continue to see a slowing of the shift in our deposits to higher interest bearing types. We believe our balance sheet is well positioned in the current environment. In addition to the $331.4 million of overnight funds we have at the end of the first quarter, we have over $270 million of investment securities maturing over the next twelve months. Over $100 million of that total is expected to mature in the second quarter 2024. Deploying those funds into loans or even additional overnight funds will be accretive to our interest income. Our liquidity, high level of capital, and excellent asset quality put us in a good position to seize loan growth opportunities in our markets."

User Image Stock_Titan Posted - 04/25/24

$MCBC Macatawa Bank Corporation Reports First Quarter 2024 Results https://www.stocktitan.net/news/MCBC/macatawa-bank-corporation-reports-first-quarter-2024-ryyu24qpi49v.html

User Image TickerDD_com Posted - 04/23/24

From 4/17/2024, looking back across 22 Month-Ends for MCBC, Percentage Change of Average Monthly Price had More Positives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $MCBC #MCBC #MCBCStock #TickerDD https://www.youtube.com/watch?v=76I-VzMJYZw

User Image DEXWireNews Posted - 7 months ago

$MCBC https://www.tradingview.com/chart/MCBC/z0R9mRxp-Macatawa-Bank-Acquired-By-Wintrust-Financial-Corp-for-510m/z0R9mRxp

User Image Call_Me_Put Posted - 7 months ago

$MCBC Estimated purchase price of $14.85. 7.2% risk premium currently and expected to close later this year. Probably not a bad place to park some money if that kind of yield sounds enticing to you.

User Image Fullratio Posted - 7 months ago

$MCBC debt is 90% less than its equity: https://fullratio.com/stocks/nasdaq-mcbc/macatawa-bank

User Image Michealty66 Posted - 7 months ago

$MCBC I'm being told that Richard L. Postma got hit with a fraud case. Is this true ?

User Image sophi1258 Posted - 7 months ago

$MCBC

User Image Moneyball101 Posted - 7 months ago

$MCBC I’m buying some puts it’s time

User Image jacky1230 Posted - 7 months ago

$MCBC wait 13.73 to buy

User Image ANTHONYMOMO Posted - 7 months ago

$MCBC and JAGX $0.25 FDA approval are on fire today

User Image topstockalerts Posted - 7 months ago

$MCBC what’s going on here?

User Image shared_alerts Posted - 7 months ago

-04/16/2024- 📉 MORNING GAPPERS 📈 $WISA $DYNT $PALI $MCBC ↩️

Analyst Ratings
Keefe, Bruyette & Woods Outperform Apr 29, 24
Janney Montgomery Scott Buy Aug 30, 23
Raymond James Strong Buy Sep 7, 18
DA Davidson Neutral Jun 29, 18
Keefe, Bruyette & Woods Market Perform Aug 1, 16
Keefe, Bruyette & Woods Market Perform Feb 2, 15
Keefe, Bruyette & Woods Market Perform Apr 28, 14
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Rosenbach Thomas P Director Director May 11 Buy 8.91 3,000 26,730 63,477 05/12/22
Rosenbach Thomas P Director Director May 09 Buy 8.84 210 1,856 60,477 05/12/22
Rosenbach Thomas P Director Director Mar 09 Buy 9.08 7,000 63,560 60,267 03/10/22