Macatawa Bank Corporation (MCBC): Price and Financial Metrics


Macatawa Bank Corporation (MCBC): $10.86

-0.16 (-1.45%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MCBC POWR Grades

  • Sentiment is the dimension where MCBC ranks best; there it ranks ahead of 91.64% of US stocks.
  • The strongest trend for MCBC is in Growth, which has been heading up over the past 177 days.
  • MCBC ranks lowest in Quality; there it ranks in the 22nd percentile.

MCBC Stock Summary

  • Equity multiplier, or assets relative to shareholders' equity, comes in at 11.72 for MACATAWA BANK CORP; that's greater than it is for 94.12% of US stocks.
  • With a year-over-year growth in debt of -64.71%, MACATAWA BANK CORP's debt growth rate surpasses just 3.83% of about US stocks.
  • MACATAWA BANK CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 17.76%, greater than the shareholder yield of 91.65% of stocks in our set.
  • Stocks that are quantitatively similar to MCBC, based on their financial statements, market capitalization, and price volatility, are UBFO, MRBK, NWFL, HMNF, and EBMT.
  • MCBC's SEC filings can be seen here. And to visit MACATAWA BANK CORP's official web site, go to www.macatawabank.com.

MCBC Valuation Summary

  • MCBC's EV/EBIT ratio is -10.1; this is 189.38% lower than that of the median Financial Services stock.
  • MCBC's EV/EBIT ratio has moved down 29.9 over the prior 243 months.

Below are key valuation metrics over time for MCBC.

Stock Date P/S P/B P/E EV/EBIT
MCBC 2023-02-03 4.6 1.6 13.1 -10.1
MCBC 2023-02-02 4.4 1.5 12.7 -10.4
MCBC 2023-02-01 4.5 1.6 12.8 -10.3
MCBC 2023-01-31 4.6 1.6 13.1 -10.1
MCBC 2023-01-30 4.5 1.6 12.9 -10.3
MCBC 2023-01-27 4.3 1.5 12.4 -10.7

MCBC Growth Metrics

    Its year over year cash and equivalents growth rate is now at 21.83%.
  • Its 4 year net income to common stockholders growth rate is now at 81.75%.
  • Its year over year price growth rate is now at -9.58%.
Over the past 15 months, MCBC's revenue has gone down $2,770,000.

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
2022-09-30 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
2021-06-30 85.456 31.792 31.712

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 $10.86 52-week high $11.84
Prev. close $11.02 52-week low $8.38
Day low $10.84 Volume 21,500
Day high $10.95 Avg. volume 64,996
50-day MA $10.82 Dividend yield 2.95%
200-day MA $9.83 Market Cap 371.91M

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.

Macatawa Bank Corporation (NASDAQ:MCBC) insider upped their holding by 13% earlier this year

Insiders were net buyers of Macatawa Bank Corporation's ( NASDAQ:MCBC ) stock during the past year. That is, insiders...

Yahoo | November 28, 2022

Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08

Macatawa Bank Corporation ( NASDAQ:MCBC ) has announced that it will pay a dividend of $0.08 per share on the 30th of...

Yahoo | November 1, 2022

Macatawa Bank Corporation Declares Quarterly Dividend

HOLLAND, Mich., Oct. 27, 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 November 30, 2022 to shareholders of record on November 15, 2022. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company. About Macatawa Bank Corporati

Yahoo | October 27, 2022

Macatawa Bank Corporation Reports Third Quarter 2022 Results

HOLLAND, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the third quarter 2022. Net income of $10.0 million in third quarter 2022 – up 53% versus $6.6 million in second quarter 2022 and up 39% versus $7.2 million in third quarter 2021Net interest income of $19.8 million in third quarter 2022 versus $14.8 million in second quarter 2022 and $14.3 million in third

Yahoo | October 27, 2022

7 Cheap Retirement Stocks to Buy Now

Although the wild market gyrations cause much consternation, it also opens doors for cheap retirement stocks to buy now. Ordinarily, these ideas might not attract the attention growth-centric names easily command. However, with the equities sector gradually tilting toward a risk-off profile, retirement-friendly securities should be on your radar. Fundamentally, the Federal Reserve will see to it that growth-driven ideas will suffer significant challenges. To tackle historic highs in inflation, t

Yahoo | October 18, 2022

Read More 'MCBC' Stories Here

MCBC Price Returns

1-mo -2.16%
3-mo -2.17%
6-mo 14.29%
1-year 21.74%
3-year 13.05%
5-year 30.62%
YTD -1.54%
2022 29.25%
2021 9.27%
2020 -21.70%
2019 18.85%
2018 -1.59%

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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