Macatawa Bank Corporation (MCBC): Price and Financial Metrics


Macatawa Bank Corporation (MCBC): $9.45

-0.08 (-0.84%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MCBC POWR Grades

  • MCBC scores best on the Momentum dimension, with a Momentum rank ahead of 92.95% of US stocks.
  • The strongest trend for MCBC is in Growth, which has been heading up over the past 179 days.
  • MCBC's current lowest rank is in the Value metric (where it is better than 16.4% of US stocks).

MCBC Stock Summary

  • Equity multiplier, or assets relative to shareholders' equity, comes in at 11.6 for MACATAWA BANK CORP; that's greater than it is for 94.11% of US stocks.
  • With a year-over-year growth in debt of -62.79%, MACATAWA BANK CORP's debt growth rate surpasses only 4.45% of about US stocks.
  • The volatility of MACATAWA BANK CORP's share price is greater than that of only 0.58% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to MACATAWA BANK CORP are UBFO, MRBK, NWFL, TCFC, and OPBK.
  • Visit MCBC's SEC page to see the company's official filings. To visit the company's web site, go to www.macatawabank.com.

MCBC Valuation Summary

  • In comparison to the median Financial Services stock, MCBC's price/sales ratio is 272.73% higher, now standing at 4.1.
  • Over the past 243 months, MCBC's price/sales ratio has gone down 1.1.

Below are key valuation metrics over time for MCBC.

Stock Date P/S P/B P/E EV/EBIT
MCBC 2022-09-23 4.1 1.3 12.5 -12.7
MCBC 2022-09-22 4.2 1.3 12.6 -12.6
MCBC 2022-09-21 4.2 1.3 12.6 -12.6
MCBC 2022-09-20 4.3 1.4 12.9 -12.4
MCBC 2022-09-19 4.3 1.4 12.9 -12.3
MCBC 2022-09-16 4.2 1.3 12.6 -12.6

MCBC Growth Metrics

    Its 2 year revenue growth rate is now at -3.28%.
  • Its 3 year cash and equivalents growth rate is now at 671.56%.
  • The 2 year price growth rate now stands at 22.8%.
MCBC's revenue has moved down $5,151,000 over the prior 30 months.

The table below shows MCBC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-06-30 78.514 30.031 25.986
2022-03-31 79.916 37.392 27.236
2021-12-31 81.814 35.924 29.014
2021-09-30 85.678 38.496 31.794
2021-06-30 85.456 31.792 31.712
2021-03-31 83.981 25.337 31.532

MCBC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MCBC has a Quality Grade of C, ranking ahead of 32.41% of graded US stocks.
  • MCBC's asset turnover comes in at 0.031 -- ranking 356th of 430 Banking stocks.
  • GCBC, UBFO, and BAC are the stocks whose asset turnover ratios are most correlated with MCBC.

The table below shows MCBC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.031 1 0.021
2021-06-30 0.032 1 0.020
2021-03-31 0.032 1 0.019
2020-12-31 0.034 1 0.018
2020-09-30 0.036 1 0.018
2020-06-30 0.037 1 0.019

MCBC Price Target

For more insight on analysts targets of MCBC, see our MCBC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $9.00 Average Broker Recommendation 2 (Hold)

MCBC Stock Price Chart Interactive Chart >

Price chart for MCBC

MCBC Price/Volume Stats

Current price $9.45 52-week high $10.28
Prev. close $9.53 52-week low $7.96
Day low $9.40 Volume 30,400
Day high $9.51 Avg. volume 58,991
50-day MA $9.56 Dividend yield 3.39%
200-day MA $9.16 Market Cap 323.69M

Macatawa Bank Corporation (MCBC) Company Bio


Macatawa Bank Corporation provides commercial and personal banking services primarily in Western Michigan. The company was founded in 1997 and is based in Holland, Michigan.


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Latest MCBC News From Around the Web

Below are the latest news stories about MACATAWA BANK CORP that investors may wish to consider to help them evaluate MCBC as an investment opportunity.

Investors in Macatawa Bank (NASDAQ:MCBC) have made a return of 26% over the past year

The simplest way to invest in stocks is to buy exchange traded funds. But if you pick the right individual stocks, you...

Yahoo | September 12, 2022

5 Cheap Retirement Stocks to Buy Now for Your Golden Years

One of the most important concepts in investing is that time in the market is generally superior to attempts at timing the market. Therefore, if you’re thinking about comfortably living out your golden years, you should plan ahead with cheap retirement stocks to buy now. While the concept of ultra-long-term investments carries a staid reputation, you don’t always have to acquire shares that everybody else is bidding up, thereby absorbing a hefty premium. Instead, more than a few cheap retirement

Yahoo | September 2, 2022

Macatawa Bank (NASDAQ:MCBC) Is Due To Pay A Dividend Of $0.08

Macatawa Bank Corporation's ( NASDAQ:MCBC ) investors are due to receive a payment of $0.08 per share on 25th of...

Yahoo | August 2, 2022

Macatawa Bank Corporation Declares Quarterly Dividend

HOLLAND, Mich., July 28, 2022 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share on its common stock to be paid on August 25, 2022 to shareholders of record on August 11, 2022. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company. About Macatawa Bank CorporationMa

Yahoo | July 28, 2022

Macatawa Bank Corporation Reports Second Quarter 2022 Results

HOLLAND, Mich., July 28, 2022 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the second quarter 2022. Net income of $6.6 million in second quarter 2022 versus $6.0 million in first quarter 2022 and $7.8 million in second quarter 2021Net interest income of $14.8 million in second quarter 2022 versus $12.7 million in first quarter 2022 and $14.5 million in second quarter 2021Strong c

Yahoo | July 28, 2022

Read More 'MCBC' Stories Here

MCBC Price Returns

1-mo 0.32%
3-mo 8.92%
6-mo 8.40%
1-year 20.83%
3-year 4.14%
5-year 5.94%
YTD 9.96%
2021 9.27%
2020 -21.70%
2019 18.85%
2018 -1.59%
2017 -2.11%

MCBC Dividends

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Continue Researching MCBC

Here are a few links from around the web to help you further your research on Macatawa Bank Corp's stock as an investment opportunity:

Macatawa Bank Corp (MCBC) Stock Price | Nasdaq
Macatawa Bank Corp (MCBC) Stock Quote, History and News - Yahoo Finance
Macatawa Bank Corp (MCBC) Stock Price and Basic Information | MarketWatch

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