Valuation MACATAWA

Stocks

Market Closed - Nasdaq Other stock markets 23:00:00 31/07/2024 +03			5-day change	1st Jan Change
14.82 ^USD	-0.87%		-.--%	-

19/08/24	Top US regional bank deals in 2024 as consolidation gathers pace	RE
01/08/24	Wintrust Financial Corporation completed the acquisition of Macatawa Bank Corporation from White Bay Capital, LLLP and AllianceBernstein L.P.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Market Cap ¹	327.2	379.1	285.4	301.6	377.7	386.8
Change	-	15.86%	-24.71%	5.65%	25.26%	2.4%
Enterprise Value (EV) ¹	264.2	196	-406.6	-764.4	-346.8	-32.75
Change	-	-25.79%	-307.4%	-88%	54.63%	90.56%
P/E	12.4x	11.9x	9.51x	10.4x	10.9x	8.95x
PBR	1.72x	1.75x	1.19x	1.19x	1.53x	1.35x
PEG	-	0.6x	-1.51x	-2.89x	0.6x	0.4x
Capitalization / Revenue	4.27x	4.53x	3.46x	3.69x	4.14x	3.67x
EV / Revenue	3.45x	2.34x	-4.93x	-9.34x	-3.8x	-0.31x
EV / EBITDA	-	-	-	-	-	-
EV / EBIT	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Dividend per Share ²	0.25	0.28	0.32	0.32	0.32	0.33
Rate of return	2.6%	2.52%	3.82%	3.63%	2.9%	2.93%
EPS ²	0.7754	0.939	0.88	0.8483	1.01	1.26
Distribution rate	32.2%	29.8%	36.4%	37.7%	31.7%	26.2%
Net sales ¹	76.68	83.66	82.51	81.81	91.29	105.3
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Net income ¹	26.38	31.98	30.16	29.01	34.73	43.22
Net Debt ¹	-63.05	-183.1	-692	-1,066	-724.5	-419.6
Reference price ²	9.62	11.13	8.37	8.82	11.03	11.28
Nbr of stocks (in thousands)	34,014	34,061	34,101	34,190	34,246	34,291
Announcement Date	2/14/19 A	2/20/20 A	2/18/21 A	2/17/22 A	2/16/23 A	2/15/24 A

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MACATAWA	-	-	-	-	509M
JPMORGAN CHASE & CO.	14.82x	-	-	1.9%	887B
BANK OF AMERICA CORPORATION	12.71x	-	-	2.08%	403B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.01x	-	-	5.15%	376B
HSBC HOLDINGS PLC	11.69x	-	-	4.43%	324B
CHINA CONSTRUCTION BANK CORPORATION	5.83x	-	-	5.23%	305B
ROYAL BANK OF CANADA	17.72x	-	-	2.41%	280B
BANK OF CHINA LIMITED	6.22x	-	-	5.01%	272B
WELLS FARGO & COMPANY	12.16x	-	-	2.21%	260B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	16.49x	-	-	2.34%	227B
Average	11.52x			3.42%	333.42B
Weighted average by Cap.	11.90x			3.19%