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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 2.50% 50D Avg Chg 3.00%
Sales 103.58M PEG 1.49 EPS past 5Y 7.81% 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 26.44M Beta 0.66
Inst Own 43.19% ROE 14.82% Shares Shorted/Prior 85.77K/134.75K Price 9.70
Gross Margin - Profit Margin 39.60% Avg. Volume 48,630 Target Price 15.00
Oper. Margin 49.13% Earnings Date Jul 25 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.

Macatawa Bank Corporation News
04/26/24 Macatawa Bank Corp (MCBC) Q1 2024 Earnings: Misses Analyst Forecasts Amid Merger Developments
04/25/24 Macatawa Bank (MCBC) Q1 Earnings and Revenues Miss Estimates
04/25/24 Macatawa Bank Corporation Declares Quarterly Dividend
04/25/24 Macatawa Bank Corporation Reports First Quarter 2024 Results
04/19/24 Q1 2024 Wintrust Financial Corp Earnings Call
04/17/24 Macatawa (MCBC) Moves 37.7% Higher: Will This Strength Last?
04/16/24 Wintrust to buy Michigan’s Macatawa Bank in $510M deal
04/15/24 Bypassing Sturm Ruger for One Attractive Dividend Stock
04/15/24 Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge
04/11/24 Macatawa Bank Corporation (NASDAQ:MCBC) is definitely on the radar of institutional investors who own 42% of the company
02/24/24 Those who invested in Macatawa Bank (NASDAQ:MCBC) five years ago are up 5.7%
01/31/24 Macatawa Bank (MCBC) is a Top Dividend Stock Right Now: Should You Buy?
01/28/24 The Macatawa Bank Corporation (NASDAQ:MCBC) Yearly Results Are Out And Analysts Have Published New Forecasts
01/25/24 Macatawa Bank Corp (MCBC) Reports Solid Full Year Growth Despite Q4 Challenges
01/25/24 Macatawa Bank Corporation Reports Fourth Quarter and Full Year 2023 Results
12/18/23 Macatawa (MCBC) Surges 5.1%: Is This an Indication of Further Gains?
11/08/23 Macatawa Bank Corporation (NASDAQ:MCBC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
11/01/23 The Zacks Analyst Blog Highlights AbbVie, Exxon Mobil, Kontoor Brands, Select Water Solutions and Macatawa Bank
10/31/23 5 Solid Stocks to Watch That Recently Hiked Dividends
10/30/23 Do Macatawa Bank's (NASDAQ:MCBC) Earnings Warrant Your Attention?
MCBC Chatroom

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 - 04/20/24

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

User Image Call_Me_Put Posted - 04/18/24

$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 - 04/17/24

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

User Image Michealty66 Posted - 04/17/24

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

User Image sophi1258 Posted - 04/16/24

$MCBC

User Image Moneyball101 Posted - 04/16/24

$MCBC I’m buying some puts it’s time

User Image jacky1230 Posted - 04/16/24

$MCBC wait 13.73 to buy

User Image ANTHONYMOMO Posted - 04/16/24

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

User Image topstockalerts Posted - 04/16/24

$MCBC what’s going on here?

User Image shared_alerts Posted - 04/16/24

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

User Image tradethehalt Posted - 04/16/24

This Morning's Top 5 Gainers Report: $PALI (98%) $DYNT (92%) $WISA (54%) $PRSO (41%) $MCBC (38%) If we missed a split/reverse split, let us know!

User Image theflynews Posted - 04/16/24

Fly Intel: Pre-market Movers - $MCBC - https://thefly.com/permalinks/entry.php/MCBCid3897697

User Image ChartLaboratory_com Posted - 04/16/24

$MCBC key breakout on news, IF above $14 could trend this week to $19.00 zone [MO] https://www.tradingview.com/x/xZ1Wnh7Y/ https://www.tradingview.com/news/benzinga:27409b350094b:0-why-macatawa-bank-shares-are-trading-higher-by-around-37-here-are-20-stocks-moving-premarket/

User Image tradingtwenty Posted - 04/16/24

Top pre-market stock gainers: $DYNT $WISA $DFLI $MCBC $SPCB 🔥 Link: https://tradingtwenty.com/dashboard/trending/past

User Image OpenOutcrier Posted - 04/16/24

$MCBC (+39.0% pre) $WTFC (-1.2% pre) Wintrust agrees to buy Macatawa Bank for $510M in stock - SA https://ooc.bz/l/30436

User Image gerbey Posted - 04/16/24

Good morning everyone ,pre market movers: $DYNT +96% $WISA +64% $DFLI +48% $MCBC +39% $BRTX +32% Don't forget to follow ! ✅

User Image AlertsAndNews Posted - 04/15/24

Update Gappers in after hours trading $DYNT $DFLI $MCBC $SNGX $NVOS Enjoy your evening. See you in the am!

User Image tradingtwenty Posted - 04/15/24

$WTFC $MCBC has trended 51 times in the past 24 hours (based on 5 minute intervals). Latest press release on Apr 15, 2024 04:04 PM: Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge Link: https://tradingtwenty.com/news/430079/wintrust-financial-corporation-and-macatawa-bank-corporation-announce-plans-to-merge

User Image tradingtwenty Posted - 04/15/24

Top 5 after-hours stocks that have trended in the past 24 hours: $DFLI 66.80% 🔥 $MCBC 38.87% $SNGX 12.32% $SPCB 11.46% $HUBC 8.72% Link: https://tradingtwenty.com/dashboard/trending/past

User Image PapaRoki Posted - 04/15/24

$MCBC has that look

User Image AlertsAndNews Posted - 04/15/24

Gappers in after hours trading $DFLI $DYNT $MCBC $SBFM $NVOS Ill update later this evening. 🌐

User Image THEINVESTMENTSWAMI Posted - 04/15/24

$MCBC 👁️MCBC👁️- STILL WATCHING👁️👁️👁️🧠👳‍♂️🧠

User Image HorsePicks Posted - 04/15/24

Moving After-Hours: $DYNT $MCBC $DFLI $MYSZ

User Image StckDrive Posted - 04/15/24

$MCBC Might Open $20 tomorrow, big news?

User Image zigfish Posted - 04/15/24

$MCBC anyone ready to short this

User Image sophi1258 Posted - 04/15/24

$MCBC 16 first 18 is possible too

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