Macatawa Bank Corporation (MCBC): Price and Financial Metrics
MCBC Price/Volume Stats
Current price | $9.79 | 52-week high | $11.91 |
Prev. close | $9.70 | 52-week low | $8.31 |
Day low | $9.66 | Volume | 59,600 |
Day high | $9.82 | Avg. volume | 64,708 |
50-day MA | $10.10 | Dividend yield | 3.78% |
200-day MA | $9.76 | Market Cap | 336.40M |
MCBC Stock Price Chart Interactive Chart >
MCBC POWR Grades
- Sentiment is the dimension where MCBC ranks best; there it ranks ahead of 98.06% of US stocks.
- The strongest trend for MCBC is in Growth, which has been heading down over the past 26 weeks.
- MCBC's current lowest rank is in the Quality metric (where it is better than 23.25% of US stocks).
MCBC Stock Summary
- MCBC's current price/earnings ratio is 8.26, which is higher than only 15.19% of US stocks with positive earnings.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 10.5 for MACATAWA BANK CORP; that's greater than it is for 90.89% of US stocks.
- As for revenue growth, note that MCBC's revenue has grown 29.57% over the past 12 months; that beats the revenue growth of 84.38% of US companies in our set.
- Stocks that are quantitatively similar to MCBC, based on their financial statements, market capitalization, and price volatility, are RRBI, TCBX, SRCE, SMBK, and VLY.
- 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/earnings ratio is 21.82% lower, now standing at 8.6.
- MCBC's price/sales ratio has moved down 1.3 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 | 2023-12-22 | 3.7 | 1.5 | 8.6 | -1.5 |
MCBC | 2023-12-21 | 3.6 | 1.4 | 8.5 | -1.6 |
MCBC | 2023-12-20 | 3.6 | 1.4 | 8.5 | -1.6 |
MCBC | 2023-12-19 | 3.6 | 1.4 | 8.5 | -1.6 |
MCBC | 2023-12-18 | 3.5 | 1.4 | 8.3 | -1.8 |
MCBC | 2023-12-15 | 3.7 | 1.5 | 8.6 | -1.5 |
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%.
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.
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 Like A Good Stock, And It's Going Ex-Dividend SoonMacatawa Bank Corporation ( NASDAQ:MCBC ) stock is about to trade ex-dividend in four days. The ex-dividend date is one... |
The Zacks Analyst Blog Highlights AbbVie, Exxon Mobil, Kontoor Brands, Select Water Solutions and Macatawa BankAbbVie, Exxon Mobil, Kontoor Brands, Select Water Solutions and Macatawa Bank are part of the Zacks top Analyst Blog. |
5 Solid Stocks to Watch That Recently Hiked DividendsAbbVie Inc. (ABBV), Exxon Mobil Corporation (XOM), Kontoor Brands, Inc. (KTB), Select Water Solutions, Inc. (WTTR) and Macatawa Bank Corporation (MCBC) recently hiked dividends. |
Do Macatawa Bank's (NASDAQ:MCBC) Earnings Warrant Your Attention?The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even... |
The Macatawa Bank Corp (MCBC) Company: A Short SWOT AnalysisUnveiling the Strengths, Weaknesses, Opportunities, and Threats of MCBC in Q3 2023 |
MCBC Price Returns
1-mo | 1.03% |
3-mo | -12.43% |
6-mo | 11.31% |
1-year | 0.43% |
3-year | 8.19% |
5-year | 17.15% |
YTD | -12.43% |
2023 | 5.90% |
2022 | 29.25% |
2021 | 9.27% |
2020 | -21.70% |
2019 | 18.85% |
MCBC Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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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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