Logo image of MCBC

MACATAWA BANK CORP (MCBC) Stock Price, Quote, News and Overview

NASDAQ:MCBC - Nasdaq - US5542251021 - Common Stock - Currency: USD

14.82  -0.13 (-0.87%)

After market: 14.78 -0.04 (-0.27%)

MCBC Quote, Performance and Key Statistics

MACATAWA BANK CORP

NASDAQ:MCBC (7/31/2024, 8:00:00 PM)

After market: 14.78 -0.04 (-0.27%)

14.82

-0.13 (-0.87%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High15.16
52 Week Low8.31
Market Cap509.22M
Shares34.36M
Float26.05M
Yearly Dividend0.33
Dividend Yield2.43%
PE12.05
Fwd PE11.86
Earnings (Next)10-24 2024-10-24/amc
IPO04-02 1998-04-02


MCBC short term performance overview.The bars show the price performance of MCBC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 10 20 30 40

MCBC long term performance overview.The bars show the price performance of MCBC in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60

The current stock price of MCBC is 14.82 USD. In the past month the price increased by 1.37%. In the past year, price increased by 53.26%.

MACATAWA BANK CORP / MCBC Daily stock chart

MCBC Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 12.58 60.09B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 20.4 37.07B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 18.06 32.81B
MTB M & T BANK CORP 12.51 32.11B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 14.65 26.62B
HBAN HUNTINGTON BANCSHARES INC 12.92 23.48B
RF REGIONS FINANCIAL CORP 11.64 21.26B
CFG CITIZENS FINANCIAL GROUP 14.81 19.77B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.57 14.28B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 40.03 14.09B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 39.95 14.06B
EWBC EAST WEST BANCORP INC 11.28 13.02B

About MCBC

Company Profile

MCBC logo image Macatawa Bank Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Holland, Michigan and currently employs 287 full-time employees. The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. The company operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. The company offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. The company also offers loans products to retail customers, such as residential mortgage and consumer loans. The company offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. The company also offers trust services, which includes personal trust and retirement plan services.

Company Info

MACATAWA BANK CORP

10753 Macatawa Dr

Holland MICHIGAN 49424 US

CEO: Ronald L. Haan

Employees: 287

Company Website: https://www.macatawabank.com/

Phone: 16168201444

MACATAWA BANK CORP / MCBC FAQ

What is the stock price of MACATAWA BANK CORP today?

The current stock price of MCBC is 14.82 USD. The price decreased by -0.87% in the last trading session.


What is the ticker symbol for MACATAWA BANK CORP stock?

The exchange symbol of MACATAWA BANK CORP is MCBC and it is listed on the Nasdaq exchange.


On which exchange is MCBC stock listed?

MCBC stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for MACATAWA BANK CORP stock?

8 analysts have analysed MCBC and the average price target is 15.3 USD. This implies a price increase of 3.24% is expected in the next year compared to the current price of 14.82. Check the MACATAWA BANK CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is MACATAWA BANK CORP worth?

MACATAWA BANK CORP (MCBC) has a market capitalization of 509.22M USD. This makes MCBC a Small Cap stock.


How many employees does MACATAWA BANK CORP have?

MACATAWA BANK CORP (MCBC) currently has 287 employees.


What are the support and resistance levels for MACATAWA BANK CORP (MCBC) stock?

MACATAWA BANK CORP (MCBC) has a support level at 13.46 and a resistance level at 14.92. Check the full technical report for a detailed analysis of MCBC support and resistance levels.


Is MACATAWA BANK CORP (MCBC) expected to grow?

The Revenue of MACATAWA BANK CORP (MCBC) is expected to decline by -1.42% in the next year. Check the estimates tab for more information on the MCBC EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy MACATAWA BANK CORP (MCBC) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does MACATAWA BANK CORP (MCBC) stock pay dividends?

MACATAWA BANK CORP (MCBC) has a dividend yield of 2.43%. The yearly dividend amount is currently 0.33. Check the full fundamental report for a detailed analysis of MCBC dividend history, reliability and sustainability.


When does MACATAWA BANK CORP (MCBC) report earnings?

MACATAWA BANK CORP (MCBC) will report earnings on 2024-10-24, after the market close.


What is the Price/Earnings (PE) ratio of MACATAWA BANK CORP (MCBC)?

The PE ratio for MACATAWA BANK CORP (MCBC) is 12.05. This is based on the reported non-GAAP earnings per share of 1.23 and the current share price of 14.82 USD. Check the full fundamental report for a full analysis of the valuation metrics for MCBC.


MCBC Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MCBC. When comparing the yearly performance of all stocks, MCBC is one of the better performing stocks in the market, outperforming 92.36% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MCBC Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to MCBC. MCBC has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MCBC Financial Highlights

Over the last trailing twelve months MCBC reported a non-GAAP Earnings per Share(EPS) of 1.23. The EPS increased by 4.24% compared to the year before.


Industry RankSector Rank
PM (TTM) 39.38%
ROA 1.57%
ROE 14%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%-17.14%
Sales Q2Q%-6.47%
EPS 1Y (TTM)4.24%
Revenue 1Y (TTM)4.47%

MCBC Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 85% to MCBC. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of -6.18% and a revenue growth -1.42% for MCBC


Ownership
Inst Owners2.45%
Ins Owners0.27%
Short Float %N/A
Short RatioN/A
Analysts
Analysts85
Price Target15.3 (3.24%)
EPS Next Y-6.18%
Revenue Next Year-1.42%