Macatawa Bank Corp MCBC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, HIBB, SBOW, MRO on Behalf of Shareholders
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MACATAWA BANK INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Macatawa Bank Corporation - MCBC
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Continues to Investigate HMNF, MCBC, CHX
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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Agrify Corporation (Nasdaq – AGFY), HMN Financial, Inc. (Nasdaq – HMNF), ChampionX Corporation (Nasdaq – CHX), Macatawa Bank Corporation (Nasdaq – MCBC)
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, CHX, HMNF
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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Agrify Corporation (Nasdaq - AGFY), HMN Financial, Inc. (Nasdaq - HMNF), ChampionX Corporation (Nasdaq – CHX), Macatawa Bank Corporation (Nasdaq - MCBC)
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MODN, CHX, AIRC, MCBC
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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: ChampionX Corporation (Nasdaq – CHX), Model N, Inc. (NYSE – MODN), Macatawa Bank Corporation (Nasdaq - MCBC), Apartment Income REIT Corp. (NYSE - AIRC)
Trading Information
- Previous Close Price
- $14.83
- Day Range
- $14.82–14.98
- 52-Week Range
- $8.31–15.00
- Bid/Ask
- $14.91 / $14.94
- Market Cap
- $512.33 Mil
- Volume/Avg
- 122,728 / 149,069
Key Statistics
- Price/Earnings (Normalized)
- 12.43
- Price/Sales
- 4.99
- Dividend Yield (Trailing)
- 2.35%
- Dividend Yield (Forward)
- 2.41%
- Total Yield
- 2.37%
Company Profile
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company’s primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 340
- Website
- https://www.macatawabank.com
Comparables
Valuation
|
Metric
|
MCBC
|
MBCN
|
NASB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.43 | 13.88 | 8.11 |
Price/Book Value | 1.75 | 1.12 | 0.67 |
Price/Sales | 4.99 | 3.41 | 3.03 |
Price/Cash Flow | 12.02 | 13.66 | 1.83 |
Price/Earnings
MCBC
MBCN
NASB
Financial Strength
|
Metric
|
MCBC
|
MBCN
|
NASB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
MCBC
|
MBCN
|
NASB
|
|---|---|---|---|
Return on Assets (Normalized) | 1.56% | 0.96% | 1.10% |
Return on Equity (Normalized) | 15.16% | 8.58% | 7.82% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
MCBC
MBCN
NASB
Banks - Regional Industry Comparables
|
1-Day Chart
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