Macatawa Bank Corporation (MCBC) News
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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 Declares Quarterly DividendHOLLAND, Mich., Jan. 26, 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 February 28, 2023 to shareholders of record on February 13, 2023. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company. About Macatawa Bank Corporati |
Macatawa Bank Corporation Reports Fourth Quarter and Full Year 2022 ResultsHOLLAND, Mich., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the fourth quarter 2022. Full year net income of $34.7 million versus $29.0 million in the prior yearNet income of $12.1 million in fourth quarter 2022 – up 21% versus $10.0 million in third quarter 2022 and up 95% versus $6.2 million in fourth quarter 2021Net interest margin increased 48 basis points to 3 |
Macatawa Bank Corporation (NASDAQ:MCBC) insider upped their holding by 13% earlier this yearInsiders were net buyers of Macatawa Bank Corporation's ( NASDAQ:MCBC ) stock during the past year. That is, insiders... |
Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08Macatawa Bank Corporation ( NASDAQ:MCBC ) has announced that it will pay a dividend of $0.08 per share on the 30th of... |
Macatawa Bank Corporation Reports Third Quarter 2022 ResultsHOLLAND, 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 |
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Institutional investors own a significant stake of 41% in Macatawa Bank Corporation (NASDAQ:MCBC)To get a sense of who is truly in control of Macatawa Bank Corporation ( NASDAQ:MCBC ), it is important to understand... |
Investors in Macatawa Bank (NASDAQ:MCBC) have made a return of 26% over the past yearThe simplest way to invest in stocks is to buy exchange traded funds. But if you pick the right individual stocks, you... |
Macatawa Bank (NASDAQ:MCBC) Is Due To Pay A Dividend Of $0.08Macatawa Bank Corporation's ( NASDAQ:MCBC ) investors are due to receive a payment of $0.08 per share on 25th of... |
Macatawa Bank Corporation Reports Second Quarter 2022 ResultsHOLLAND, 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 |