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Stock profile

Macatawa Bank Corporation (MCBC)

Country: United States of AmericaSector: Financial ServicesIndustry: Banks - RegionalExchange: NASDAQ

Delisted · last close 1 Aug 2024

Current price
14.82 USD0.00%
Last close 1 Aug 2024
Benchmarks

Key financial summary

Financials in USD
201820192020202120222023TTM
Total net revenue$m687180779132101
Operating profit$m54-
Net profit$m26323029354341
EPS reported$1.261.19
Operating cashflow per share$1.271.27
Capex per share$0.010.01
FCF per share$1.251.25
Free cash flow$m4340
Net debt$m-452-338
Book value equity$m287293
Book value per share$8.358.53
Number of sharesm34.3634.36
DPS (TTM paid)$0.330.35

Financial summary

Financials in USD
201820192020202120222023TTM
Value
P/E TTMx8.95-
P/B LTMx1.351.74
P/S LTMx2.945.03
P/FCF LTMx9.0012.63
EV/EBITDA LTMx7.1827.24
EV/Sales LTMx2.921.69
Earnings Yield LTM%11.17%8.49%
FCF Yield%11.11%7.91%
Quality
ROE%15.06%16.19%
ROIC%2.94%2.94%
Operating margin%40.64%40.64%
Gross margin%13.94%13.94%
FCF/Sales%32.57%32.57%
Growth and momentum
EPS Growth YoY%+24.75%+0.85%
Sales Growth YoY%+1376.7%+34.32%
Net Income Growth YoY%+24.45%+0.68%
FCF Growth%+26.69%-0.03%
Operating Profit Growth%+12.38%-
Dividend and capital structure
Dividend Yield%2.91%2.36%
Dividend Growth%+3.13%-
Payout Ratio%26.11%28.49%
FCF/Debtx1.402.02
Net Debt/EBITDAx-0.03-0.03
EBIT/Net interestx84.7784.77
Net debt/market cap%-116.74%-66.47%
Net debt/Equityx-1.58-1.16
Gross debt/equityx0.110.07

Company overview

Macatawa Bank Corporation functions as the parent company for Macatawa Bank, delivering a comprehensive suite of commercial, consumer, and trust banking solutions. Its deposit offerings encompass a wide array of options, including checking, savings, money market, and demand accounts, alongside various time deposits and certificates of deposit. The institution also provides diverse loan products. These include commercial and industrial loans, designed to fund business operations and equipment purchases. Additionally, it offers commercial real estate financing for projects ranging from construction and development to multi-family dwellings and other non-residential properties. Residential mortgage loans are available, alongside a variety of consumer lending options such as automobile loans, home equity lines of credit (HELOCs), installment loans, home improvement financing, deposit-secured loans, and other personal or household-related credit. Beyond lending and deposits, Macatawa Bank delivers services like ATM and debit card processing, comprehensive cash management, trust administration, and brokerage facilities. Furthermore, it assists clients with fraud protection, collection services, disbursement solutions, fund management, and various investment and retirement planning options. Its extensive client base encompasses individuals, businesses, various associations, religious organizations, nonprofit entities, other financial institutions, and governmental bodies. As of year-end 2021, the company maintained a physical presence through 26 full-service branches distributed across Kent, Ottawa, and northern Allegan counties in Michigan. Macatawa Bank Corporation was established in 1997 and is headquartered in Holland, Michigan.

WebsiteN/A
IndustryBanks - Regional
Trades inUSD

Similar companies

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Delisted · last close 1 Aug 2024

Macatawa Bank Corporation (MCBC)

MCBC · NASDAQ · Financial Services
14.82 USD0.00%
Benchmarks
Financialsin USD
20222023TTM
About

Macatawa Bank Corporation functions as the parent company for Macatawa Bank, delivering a comprehensive suite of commercial, consumer, and trust banking solutions. Its deposit offerings encompass a wide array of options, including checking, savings, money market, and demand accounts, alongside various time deposits and certificates of deposit. The institution also provides diverse loan products. These include commercial and industrial loans, designed to fund business operations and equipment purchases. Additionally, it offers commercial real estate financing for projects ranging from construction and development to multi-family dwellings and other non-residential properties. Residential mortgage loans are available, alongside a variety of consumer lending options such as automobile loans, home equity lines of credit (HELOCs), installment loans, home improvement financing, deposit-secured loans, and other personal or household-related credit. Beyond lending and deposits, Macatawa Bank delivers services like ATM and debit card processing, comprehensive cash management, trust administration, and brokerage facilities. Furthermore, it assists clients with fraud protection, collection services, disbursement solutions, fund management, and various investment and retirement planning options. Its extensive client base encompasses individuals, businesses, various associations, religious organizations, nonprofit entities, other financial institutions, and governmental bodies. As of year-end 2021, the company maintained a physical presence through 26 full-service branches distributed across Kent, Ottawa, and northern Allegan counties in Michigan. Macatawa Bank Corporation was established in 1997 and is headquartered in Holland, Michigan.

IndustryBanks - Regional
Trades inUSD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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