Valuation: MACATAWA

Market Cap 509M 443M 412M 378M 714M 48.61B 725M 4.86B 1.91B 24.2B 1.91B 1.87B 81.15B P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 89.68M 77.96M 72.57M 66.62M 126M 8.56B 128M 855M 336M 4.26B 337M 329M 14.29B EV / Sales 2022
-3.8x
EV / Sales 2023 -0.31x
Free-Float
97.04%
Yield 2022
2.9%
Yield 2023 2.93%
3 years 8.31
Extreme 8.31
15.16
5 years 6.96
Extreme 6.96
15.16
10 years 6.01
Extreme 6.01
15.16
Date Insider Type Main position Quantity % Market Cap.
8/1/24 A Issuer sale

Director

123,724 0.3601%
8/1/24 A Issuer sale

Director

12,702 0.0370%
8/1/24 A Issuer sale

Chief Executive Officer

150,507 0.4380%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+52.16% 509M
+0.27%-0.40%+21.57%+123.81% 935B
+0.36%-0.16%+35.68%+95.92% 433B
-1.70%+4.45%+25.59%+98.68% 402B
-0.69%+1.49%+71.70%+140.65% 364B
-1.60%+4.90%+16.73%+105.12% 316B
-0.33%-0.54%+65.32%+126.27% 291B
-0.54%+3.38%+22.17%+91.99% 273B
+1.19%+0.16%+11.15%+89.13% 261B
+1.30%-4.87%+67.89%+215.18% 252B
Average -0.26%+0.82%+33.78%+113.89% 352.82B
Weighted average by Cap. -0.18%+0.84%+34.68%+119.28%

Financials

2022 2023
Net sales 91.29M 79.36M 73.87M 67.82M 128M 8.71B 130M 871M 342M 4.34B 343M 335M 14.55B 105M 91.57M 85.23M 78.25M 148M 10.06B 150M 1B 394M 5.01B 396M 387M 16.79B
Net income 34.73M 30.19M 28.1M 25.8M 48.72M 3.32B 49.48M 331M 130M 1.65B 130M 128M 5.53B 43.22M 37.57M 34.97M 32.11M 60.64M 4.13B 61.58M 412M 162M 2.05B 162M 159M 6.89B
Net Debt -725M -630M -586M -538M -1.02B -69.17B -1.03B -6.91B -2.71B -34.43B -2.72B -2.66B -115B -420M -365M -339M -312M -589M -40.05B -598M -4B -1.57B -19.94B -1.58B -1.54B -66.86B
Logo MACATAWA
Macatawa Bank Corporation is a bank holding company of its subsidiary, Macatawa Bank (the Bank). The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. It operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. It also offers loans products to retail customers, such as residential mortgage and consumer loans. It offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. It also offers trust services, which includes personal trust and retirement plan services.
Employees
314
Sector
Banks
  1. Stock Market
  2. Stocks
  3. MCBC Stock