NASDAQ:MCBC Macatawa Bank (MCBC) Stock Price, News & Analysis Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$14.82▼$14.8250-Day Range$14.58▼$14.9552-Week Range$8.31▼$15.16VolumeN/AAverage Volume157,462 shsMarket Capitalization$509.22 millionP/E Ratio12.35Dividend Yield2.43%Price Target$13.75 Stock AnalysisStock AnalysisAnalyst ForecastsDividendEarningsHeadlinesInsider TradesOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsDividendEarningsHeadlinesInsider TradesOwnershipShort InterestTrends Get Macatawa Bank alerts: Email Address Macatawa Bank MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.2% Downside$13.75 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth5.04%From $1.19 to $1.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.55 out of 5 starsFinance Sector833rd out of 871 stocksState Commercial Banks Industry174th out of 177 stocks 1.5 Analyst's Opinion Consensus RatingMacatawa Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMacatawa Bank has received no research coverage in the past 90 days.Read more about Macatawa Bank's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MCBC. Previous Next 2.5 Dividend Strength Dividend YieldMacatawa Bank pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMacatawa Bank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Macatawa Bank is 30.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Macatawa Bank will have a dividend payout ratio of 28.80% next year. This indicates that Macatawa Bank will be able to sustain or increase its dividend.Read more about Macatawa Bank's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MCBC. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Macatawa Bank this week, compared to 1 article on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Macatawa Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.60% of the stock of Macatawa Bank is held by insiders.Percentage Held by Institutions42.49% of the stock of Macatawa Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Macatawa Bank's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Macatawa Bank are expected to grow by 5.04% in the coming year, from $1.19 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Macatawa Bank is 12.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Macatawa Bank is 12.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Book Value per Share RatioMacatawa Bank has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankGo here to get full details on this crypto now. About Macatawa Bank Stock (NASDAQ:MCBC)Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that engages in the provision of commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, and brokerage services. In addition, it provides asset management, personal trust, and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. The company was incorporated in 1997 and is based in Holland, Michigan.Read More Ad Crypto 101 MediaPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankGo here to get full details on this crypto now. MCBC Stock News HeadlinesSeptember 2, 2024 | americanbankingnews.comMacatawa Bank (NASDAQ:MCBC) Coverage Initiated by Analysts at StockNews.comAugust 28, 2024 | americanbankingnews.comMacatawa Bank (NASDAQ:MCBC) Coverage Initiated at StockNews.comSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | americanbankingnews.comMacatawa Bank (NASDAQ:MCBC) Earns Sell Rating from Analysts at StockNews.comJuly 2, 2024 | prnewswire.comMACATAWA 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 - MCBCMay 10, 2024 | businesswire.comMACATAWA 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 - MCBCApril 30, 2024 | msn.comKeefe, Bruyette & Woods Upgrades Macatawa Bank (MCBC)April 26, 2024 | finance.yahoo.comMacatawa Bank Corp (MCBC) Q1 2024 Earnings: Misses Analyst Forecasts Amid Merger DevelopmentsSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.April 26, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Macatawa Bank Corp. - MCBCApril 26, 2024 | msn.comMacatawa Bank GAAP EPS of $0.29 misses by $0.01, revenue of $25.39M misses by $0.95MApril 25, 2024 | investorplace.comMCBC Stock Earnings: Macatawa Bank Misses EPS, Misses Revenue for Q1 2024April 25, 2024 | finance.yahoo.comMacatawa Bank Corporation Reports First Quarter 2024 ResultsApril 25, 2024 | sfgate.comMacatawa: Q1 Earnings SnapshotApril 25, 2024 | globenewswire.comMacatawa Bank Corporation Declares Quarterly DividendApril 25, 2024 | globenewswire.comMacatawa Bank Corporation Reports First Quarter 2024 ResultsApril 24, 2024 | stockhouse.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, AIRC, WIRE, MODNApril 19, 2024 | finance.yahoo.comQ1 2024 Wintrust Financial Corp Earnings CallSee More Headlines Receive MCBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Macatawa Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2021Today9/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:MCBC CUSIPN/A CIK1053584 Webwww.macatawabank.com Phone(616) 820-1444Fax616-494-7644Employees320Year Founded1997Price Target and Rating Average Stock Price Target$13.75 High Stock Price Target$15.00 Low Stock Price Target$12.50 Potential Upside/Downside-7.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio12.35 Forward P/E Ratio12.45 P/E GrowthN/ANet Income$43.22 million Net Margins30.56% Pretax Margin37.94% Return on Equity14.73% Return on Assets1.53% Debt Debt-to-Equity Ratio0.07 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$132.25 million Price / Sales3.85 Cash Flow$1.27 per share Price / Cash Flow11.67 Book Value$8.37 per share Price / Book1.77Miscellaneous Outstanding Shares34,360,000Free Float31,407,000Market Cap$509.22 million OptionableOptionable Beta0.54 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Jon W. Swets (Age 59)CEO, President, Secretary & Director Comp: $384.52kMr. Craig A. Hankinson (Age 56)Chief Operating Officer Comp: $384.52kMr. Ronald L. Haan (Age 70)Director Comp: $559.06kMr. Bryan L. BarkerSenior VP & CFOMr. Jeffrey A. TatreauSenior VP & CTOMs. Jodi L. SevignySenior VP & Chief Marketing OfficerLeslie D. LeegwaterVP & Human Resources ManagerMs. Jill A. Walcott (Age 57)Senior VP & Chief Retail Banking Officer Comp: $250.79kMr. Jason M. BirchmeierSenior VP & Chief Credit OfficerMr. Justin S. Van BeekSenior VP & Chief Risk OfficerMore ExecutivesKey CompetitorsMetropolitan BankNYSE:MCBSpirit of Texas BancsharesNASDAQ:STXBCapStar FinancialNASDAQ:CSTRSummit Financial GroupNASDAQ:SMMFFirst Internet BancorpNASDAQ:INBKView All CompetitorsInstitutional OwnershipAdvisory Alpha LLCSold 14,323 shares on 8/21/2024Ownership: 0.095%Creative PlanningBought 23,583 shares on 8/16/2024Ownership: 0.069%Millennium Management LLCBought 338,074 shares on 8/15/2024Ownership: 1.156%Bank of Montreal CanBought 182,930 shares on 8/14/2024Ownership: 0.532%Sagefield Capital LPBought 54,851 shares on 8/14/2024Ownership: 0.160%View All Institutional Transactions MCBC Stock Analysis - Frequently Asked Questions How were Macatawa Bank's earnings last quarter? Macatawa Bank Co. (NASDAQ:MCBC) released its earnings results on Wednesday, October, 27th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. The financial services provider earned $19.94 million during the quarter. Macatawa Bank had a trailing twelve-month return on equity of 14.73% and a net margin of 30.56%. What is Ronald L. Haan's approval rating as Macatawa Bank's CEO? 9 employees have rated Macatawa Bank Chief Executive Officer Ronald L. Haan on Glassdoor.com. Ronald L. Haan has an approval rating of 74% among the company's employees. Who are Macatawa Bank's major shareholders? Macatawa Bank's top institutional shareholders include Dimensional Fund Advisors LP (4.53%), Renaissance Technologies LLC (2.56%), American Century Companies Inc. (1.28%) and Magnetar Financial LLC (1.26%). View institutional ownership trends. What other stocks do shareholders of Macatawa Bank own? Based on aggregate information from My MarketBeat watchlists, some other companies that Macatawa Bank investors own include Mercantile Bank (MBWM), Nokia Oyj (NOK), AT&T (T), Weatherford International (WFT), Public Storage (PSA) and Huntington Bancshares (HBAN). This page (NASDAQ:MCBC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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