Valuation: MACATAWA

Market Cap 509M 454M 423M 385M 725M 49.04B 731M 5.11B 1.99B 25.03B 1.91B 1.87B 80.46B P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 89.68M 80.01M 74.54M 67.83M 128M 8.64B 129M 901M 350M 4.41B 337M 329M 14.17B 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. Importance
8/1/24 Issuer sale

Director

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

Director

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

Chief Executive Officer

150,507 0.4380%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+62.68% 509M
0.00%-1.25%+7.21%+132.60% 884B
+0.94%-1.63%+32.95%+105.60% 415B
+0.47%-2.65%+6.64%+107.21% 376B
+0.54%-1.06%+27.10%+126.39% 357B
+0.68%-1.19%+31.34%+119.61% 328B
+1.16%-3.79%+37.41%+126.38% 327B
+1.18%-0.50%+42.50%+119.23% 303B
-0.47%-2.62%+35.37%+141.24% 271B
+1.19%+1.81%+57.90%+195.16% 253B
Average +0.45%-1.89%+27.84%+123.61% 351.31B
Weighted average by Cap. +0.64%-2.18%+26.13%+128.28%

Financials

2022 2023
Net sales 91.29M 81.44M 75.87M 69.05M 130M 8.79B 131M 917M 357M 4.49B 343M 335M 14.42B 105M 93.97M 87.55M 79.67M 150M 10.14B 151M 1.06B 412M 5.18B 395M 387M 16.64B
Net income 34.73M 30.98M 28.87M 26.27M 49.47M 3.34B 49.84M 349M 136M 1.71B 130M 128M 5.49B 43.22M 38.56M 35.92M 32.69M 61.57M 4.16B 62.02M 434M 169M 2.12B 162M 159M 6.83B
Net Debt -725M -646M -602M -548M -1.03B -69.78B -1.04B -7.28B -2.83B -35.61B -2.72B -2.66B -114B -420M -374M -349M -317M -598M -40.41B -602M -4.21B -1.64B -20.62B -1.58B -1.54B -66.29B
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