Macatawa Bank Corporation (MCBC): Price and Financial Metrics

Macatawa Bank Corporation (MCBC): $8.95

0.01 (-0.11%)

POWR Rating

Component Grades








Add MCBC to Watchlist
Sign Up

Industry: Midwest Regional Banks




#15 of 46

in industry

MCBC Price/Volume Stats

Current price $8.95 52-week high $11.84
Prev. close $8.96 52-week low $6.96
Day low $8.90 Volume 39,800
Day high $9.05 Avg. volume 53,923
50-day MA $9.31 Dividend yield 3.56%
200-day MA $9.81 Market Cap 306.90M

MCBC Stock Price Chart Interactive Chart >


  • MCBC scores best on the Stability dimension, with a Stability rank ahead of 75.52% of US stocks.
  • MCBC's strongest trending metric is Growth; it's been moving down over the last 177 days.
  • MCBC ranks lowest in Quality; there it ranks in the 32nd percentile.

MCBC Stock Summary

  • MCBC's current price/earnings ratio is 6.95, which is higher than just 15.94% of US stocks with positive earnings.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 10.92 for MACATAWA BANK CORP; that's greater than it is for 91.17% of US stocks.
  • Over the past twelve months, MCBC has reported earnings growth of 73.19%, putting it ahead of 85.19% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to MACATAWA BANK CORP, a group of peers worth examining would be SMBK, UCBI, PCB, BCML, and CBFV.
  • MCBC's SEC filings can be seen here. And to visit MACATAWA BANK CORP's official web site, go to

MCBC Valuation Summary

  • In comparison to the median Financial Services stock, MCBC's price/sales ratio is 200% higher, now standing at 3.
  • Over the past 243 months, MCBC's price/earnings ratio has gone down 10.6.

Below are key valuation metrics over time for MCBC.

Stock Date P/S P/B P/E EV/EBIT
MCBC 2023-09-15 3 1.2 7.2 -0.6
MCBC 2023-09-14 3 1.2 7.1 -0.7
MCBC 2023-09-13 3 1.2 7.0 -0.8
MCBC 2023-09-12 3 1.2 7.0 -0.8
MCBC 2023-09-11 3 1.2 7.0 -0.8
MCBC 2023-09-08 3 1.2 7.0 -0.7

MCBC Growth Metrics

    The 5 year net cashflow from operations growth rate now stands at 79.88%.
  • Its 3 year net income to common stockholders growth rate is now at -3.65%.
  • Its 3 year price growth rate is now at -13.75%.
Over the past 70 months, MCBC's revenue has gone up $22,458,000.

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
2022-12-31 91.29 34.8 34.731
2022-09-30 82.686 27.31 28.829
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

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)

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.

MCBC Latest News Stream

Event/Time News Detail
Loading, please wait...

MCBC Latest Social Stream

Loading social stream, please wait...

View Full MCBC Social Stream

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.

Macatawa Bank Corporation (NASDAQ:MCBC) Looks Interesting, And It's About To Pay A Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Macatawa Bank...

Yahoo | August 9, 2023

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

Macatawa Bank Corporation ( NASDAQ:MCBC ) will pay a dividend of $0.08 on the 30th of August. This means that the...

Yahoo | August 1, 2023

Macatawa Bank Corporation Declares Quarterly Dividend

HOLLAND, Mich., July 27, 2023 (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 30, 2023 to shareholders of record on August 15, 2023. 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 27, 2023

Macatawa Bank Corporation Reports Second Quarter 2023 Results

HOLLAND, Mich., July 27, 2023 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the second quarter 2023. Net income of $10.3 million in second quarter 2023 – an increase of 57% over $6.6 million earned in second quarter 2022 and down 14% from $12.0 million earned in first quarter 2023Net interest margin increased to 3.36% in second quarter 2023 versus 2.19% in second quarter 2022 and

Yahoo | July 27, 2023

Top 20 Most Profitable Banks in the World

In this piece, we will take a look at the top 20 most profitable banks in the world. If you want to skip our analysis of the banking industry and the trends in the U.S. economy, you can head on over to Top 5 Most Profitable Banks in the World. The economy is made up […]

Yahoo | June 14, 2023

Read More 'MCBC' Stories Here

MCBC Price Returns

1-mo -4.89%
3-mo -1.46%
6-mo -5.78%
1-year -1.65%
3-year 46.73%
5-year -6.85%
YTD -16.77%
2022 29.25%
2021 9.27%
2020 -21.70%
2019 18.85%
2018 -1.59%

MCBC Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full MCBC Dividend History

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

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from!