NASDAQ: MCBC
Last close prices updated as of
Feb 03, 2023, 4:00 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 11.02
- Sector Financial Services
- Industry Banks - Regional
- Investment Style Small Value
- Day Range 10.63 – 11.04
- Year Range 8.38 – 11.84
- Market Cap 377.9710 Mil
- Volume / Avg 43,260.0 / 67,013.2
- Price / Sales 4.19
- Price / Book 1.53
- Forward Div Yield 2.90%
- Trailing Div Yield 3.64%
Morningstar‘s Stock Analysis MCBC
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
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Company Profile MCBC
Business Description
Macatawa Bank Corp is an us-based holding company of Macatawa Bank. It is engaged in providing commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans. 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, telephone banking and debit cards and brokerage services, including discount brokerage, personal financial planning, and consultation services.
FAQs for Macatawa Bank Corp Stock
Yes. MCBC has a forward dividend yield of 2.90%.
See
MCBC’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
MCBC’s market cap is 377.97 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
MCBC’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
MCBC’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare MCBC’s historical performance against its industry peers and the overall market.