MACATAWA BANK CORP. Logo
US5542251021
675406
MCBC

MACATAWA BANK CORP.

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Forecast

Buy
  2
Hold
  1
Sell
  0

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Historical dividends Dividends

All dividend metrics All metrics
In 2024, MACATAWA BANK CORP. has already paid €0.17 in dividends. The last payout was in May 2024.

Financials

In the last year, MACATAWA BANK CORP. had revenue of €119.64m and net profit of €39.1m
(EUR) 2023
YoY
Revenue 119.64m 838.56%
Gross profit 16.68m 30.87%
Net profit 39.1m 20.76%
EBITDA 48.62m 44.06%

Fundamentals

Metric Value
Market capitalization
€452.45m
Number of shares
34.36m
52-week high/low
€13.47 - €7.38
Dividends No
Beta
0.53
P/E ratio
11.76
PEG ratio
13.88
P/B ratio
1.77
P/S ratio
3.85

Company profile

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides 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, trust, and brokerage services. In addition, it provides fraud protection; collection services; disbursement solutions; fund management; and investment and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan.

Name
MACATAWA BANK CORP.
CEO
Craig A. Hankinson
Headquarters Holland, mi
USA
Website
IPO
20/05/1998
Employees 287

Ticker symbols

Exchange Symbol
NASDAQ
MCBC
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