US Stock MarketDetailed Quotes

MCBC Macatawa Bank

Watchlist

13.470
-0.090-0.66%

Close Jun 14 16:00 ET

13.470
0.0000.00%

Post 16:05 ET

462.85MMarket Cap11.23P/E (TTM)

Macatawa Bank Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

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(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

(Q2)Jun 30, 2022

Total revenue

-6.65%24.98M

17.70%104.26M

-6.53%25.7M

8.98%26.43M

29.58%25.36M

55.07%26.76M

13.20%88.58M

54.56%27.5M

24.09%24.26M

-3.31%19.57M

Net interest income

-8.35%20.73M

24.66%87.45M

-6.24%21.44M

12.51%22.24M

42.46%21.15M

78.57%22.62M

25.11%70.15M

78.29%22.87M

38.30%19.77M

2.67%14.84M

-Net interest income

6.64%29.08M

51.94%113.81M

16.43%29.64M

42.69%29.79M

75.70%27.12M

107.46%27.27M

27.75%74.91M

90.90%25.45M

40.65%20.88M

1.65%15.44M

-Interest income from loans and lease

22.42%19.17M

47.40%69.54M

30.59%18.64M

48.51%18.07M

66.05%17.18M

50.62%15.66M

-6.88%47.18M

28.17%14.27M

-4.68%12.16M

-22.24%10.34M

-Interest income from securities

0.04%5.25M

48.40%21.27M

14.08%5.37M

31.45%5.32M

58.56%5.35M

136.54%5.24M

118.85%14.34M

172.16%4.7M

151.65%4.04M

109.64%3.37M

-Total interest expense

79.57%8.35M

453.87%26.36M

216.85%8.2M

583.24%7.54M

909.12%5.97M

872.80%4.65M

85.58%4.76M

409.25%2.59M

102.20%1.1M

-18.57%592K

-Interest expense for deposit

82.93%8.22M

581.95%25.73M

231.15%8.04M

682.10%7.38M

2,273.88%5.82M

2,744.30%4.49M

312.35%3.77M

1,226.23%2.43M

351.67%944K

0.41%245K

-Interest expense for long term debt and capital securities

-17.31%129K

-35.76%634K

0.00%160K

-54.47%158K

-51.25%156K

-40.18%987K

-50.77%160K

-52.52%160K

-28.16%347K

Non interest income

2.65%4.25M

-8.82%16.81M

-7.94%4.26M

-6.56%4.19M

-10.88%4.21M

-9.76%4.14M

-16.89%18.43M

-6.73%4.63M

-14.61%4.48M

-18.27%4.73M

-Total premiums earned

37.69%274K

2.85%903K

27.23%243K

10.14%239K

-3.91%221K

-17.08%199K

-15.00%878K

-22.36%191K

-16.54%217K

-8.00%230K

-Fees and commissions

3.47%3.85M

-4.60%15.06M

-7.25%3.75M

-1.67%3.83M

-4.85%3.49M

-3.18%3.72M

3.37%15.79M

-20.84%4.04M

9.67%3.89M

5.07%3.67M

-Other non interest income

-41.74%127K

-26.60%781K

-33.33%244K

-42.65%121K

-23.80%477K

5.83%218K

-10.14%1.06M

140.67%366K

-64.42%211K

-13.89%626K

-Gain loss on sale of assets

-27.27%8K

-90.79%65K

-15.15%28K

-96.99%5K

-89.45%21K

-96.43%11K

-84.95%706K

-93.58%33K

-80.49%166K

-84.82%199K

Credit losses provision

-148.89%-550K

-6.67%-400K

150K

-300K

-45.12%1.13M

-150.00%-375K

Non interest expense

8.98%12.84M

7.11%49.96M

12.43%13.54M

5.47%12.36M

6.64%12.27M

3.65%11.78M

4.64%46.64M

9.94%12.05M

5.05%11.72M

1.56%11.51M

Occupancy and equipment

-4.94%2.06M

2.42%8.41M

2.19%2M

3.54%2.07M

5.00%2.16M

-0.91%2.17M

3.56%8.21M

-0.76%1.96M

-0.15%2M

4.41%2.06M

Professional expense and contract services expense

90.80%664K

48.28%1.43M

98.25%452K

32.46%355K

0.00%271K

79.38%348K

-7.77%961K

-16.79%228K

-1.47%268K

-1.09%271K

Selling and administrative expenses

3.31%7.61M

10.35%31.23M

17.78%8.74M

6.45%7.63M

8.33%7.5M

-4.02%7.37M

4.30%28.3M

87.80%7.42M

-5.82%7.17M

-11.27%6.92M

-General and administrative expense

3.52%7.4M

10.65%30.43M

19.17%8.58M

6.21%7.4M

8.43%7.3M

-4.45%7.15M

4.12%27.5M

91.93%7.2M

-6.24%6.97M

-11.79%6.73M

-Selling and marketing expense

-3.65%211K

0.00%803K

-28.57%155K

14.80%225K

5.13%205K

12.31%219K

11.07%803K

9.60%217K

12.00%196K

11.43%195K

Other non-interest expense

31.91%2.5M

-2.99%8.89M

-3.65%2.35M

0.92%2.31M

3.73%2.34M

45.18%1.9M

8.24%9.17M

-48.74%2.44M

79.58%2.29M

75.82%2.25M

Income from associates and other participating interests

Special income (charges)

Other non-operating income (expenses)

Income before tax

-18.94%12.14M

24.81%53.75M

-22.00%11.76M

13.47%14.22M

58.62%12.79M

102.67%14.98M

20.55%43.06M

98.79%15.08M

40.22%12.53M

-16.54%8.06M

Income tax

-21.04%2.35M

26.28%10.52M

-23.47%2.27M

12.86%2.81M

65.71%2.47M

113.87%2.98M

24.19%8.33M

116.29%2.96M

43.32%2.49M

-18.86%1.49M

Earnings from equity interest net of tax

Net income

-18.42%9.79M

24.45%43.22M

-21.64%9.5M

13.62%11.41M

57.00%10.31M

100.07%12M

19.70%34.73M

94.93%12.12M

39.48%10.05M

-15.99%6.57M

Net Income continuous operations

-18.42%9.79M

24.45%43.22M

-21.64%9.5M

13.62%11.41M

57.00%10.31M

100.07%12M

19.70%34.73M

94.93%12.12M

39.48%10.05M

-15.99%6.57M

Minority interest income

Net income attributable to the parent company

-18.42%9.79M

24.45%43.22M

-21.64%9.5M

13.62%11.41M

57.00%10.31M

100.07%12M

19.70%34.73M

94.93%12.12M

39.48%10.05M

-15.99%6.57M

Preferred stock dividends

Other preferred stock dividend

Net income attributable to common stockholders

-18.42%9.79M

24.45%43.22M

-21.64%9.5M

13.62%11.41M

57.00%10.31M

100.07%12M

19.70%34.73M

94.93%12.12M

39.48%10.05M

-15.99%6.57M

Basic earnings per share

-17.14%0.29

24.75%1.26

-20.00%0.28

13.79%0.33

57.89%0.3

94.44%0.35

18.82%1.01

94.44%0.35

38.10%0.29

-17.39%0.19

Diluted earnings per share

-17.14%0.29

3.13%0.33

-20.00%0.28

13.79%0.33

57.89%0.3

94.44%0.35

-62.35%0.32

94.44%0.35

38.10%0.29

-17.39%0.19

Dividend per share

12.50%0.09

3.13%0.33

12.50%0.09

0.00%0.08

0.00%0.32

0.00%0.08

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022	(Q2)Jun 30, 2022
Total revenue	-6.65%24.98M	17.70%104.26M	-6.53%25.7M	8.98%26.43M	29.58%25.36M	55.07%26.76M	13.20%88.58M	54.56%27.5M	24.09%24.26M	-3.31%19.57M
Net interest income	-8.35%20.73M	24.66%87.45M	-6.24%21.44M	12.51%22.24M	42.46%21.15M	78.57%22.62M	25.11%70.15M	78.29%22.87M	38.30%19.77M	2.67%14.84M
-Net interest income	6.64%29.08M	51.94%113.81M	16.43%29.64M	42.69%29.79M	75.70%27.12M	107.46%27.27M	27.75%74.91M	90.90%25.45M	40.65%20.88M	1.65%15.44M
-Interest income from loans and lease	22.42%19.17M	47.40%69.54M	30.59%18.64M	48.51%18.07M	66.05%17.18M	50.62%15.66M	-6.88%47.18M	28.17%14.27M	-4.68%12.16M	-22.24%10.34M
-Interest income from securities	0.04%5.25M	48.40%21.27M	14.08%5.37M	31.45%5.32M	58.56%5.35M	136.54%5.24M	118.85%14.34M	172.16%4.7M	151.65%4.04M	109.64%3.37M
-Total interest expense	79.57%8.35M	453.87%26.36M	216.85%8.2M	583.24%7.54M	909.12%5.97M	872.80%4.65M	85.58%4.76M	409.25%2.59M	102.20%1.1M	-18.57%592K
-Interest expense for deposit	82.93%8.22M	581.95%25.73M	231.15%8.04M	682.10%7.38M	2,273.88%5.82M	2,744.30%4.49M	312.35%3.77M	1,226.23%2.43M	351.67%944K	0.41%245K
-Interest expense for long term debt and capital securities	-17.31%129K	-35.76%634K	0.00%160K	0.00%160K	-54.47%158K	-51.25%156K	-40.18%987K	-50.77%160K	-52.52%160K	-28.16%347K
Non interest income	2.65%4.25M	-8.82%16.81M	-7.94%4.26M	-6.56%4.19M	-10.88%4.21M	-9.76%4.14M	-16.89%18.43M	-6.73%4.63M	-14.61%4.48M	-18.27%4.73M
-Total premiums earned	37.69%274K	2.85%903K	27.23%243K	10.14%239K	-3.91%221K	-17.08%199K	-15.00%878K	-22.36%191K	-16.54%217K	-8.00%230K
-Fees and commissions	3.47%3.85M	-4.60%15.06M	-7.25%3.75M	-1.67%3.83M	-4.85%3.49M	-3.18%3.72M	3.37%15.79M	-20.84%4.04M	9.67%3.89M	5.07%3.67M
-Other non interest income	-41.74%127K	-26.60%781K	-33.33%244K	-42.65%121K	-23.80%477K	5.83%218K	-10.14%1.06M	140.67%366K	-64.42%211K	-13.89%626K
-Gain loss on sale of assets	-27.27%8K	-90.79%65K	-15.15%28K	-96.99%5K	-89.45%21K	-96.43%11K	-84.95%706K	-93.58%33K	-80.49%166K	-84.82%199K
Credit losses provision	0	-148.89%-550K	-6.67%-400K	150K	-300K	0	-45.12%1.13M	-150.00%-375K	0	0
Non interest expense	8.98%12.84M	7.11%49.96M	12.43%13.54M	5.47%12.36M	6.64%12.27M	3.65%11.78M	4.64%46.64M	9.94%12.05M	5.05%11.72M	1.56%11.51M
Occupancy and equipment	-4.94%2.06M	2.42%8.41M	2.19%2M	3.54%2.07M	5.00%2.16M	-0.91%2.17M	3.56%8.21M	-0.76%1.96M	-0.15%2M	4.41%2.06M
Professional expense and contract services expense	90.80%664K	48.28%1.43M	98.25%452K	32.46%355K	0.00%271K	79.38%348K	-7.77%961K	-16.79%228K	-1.47%268K	-1.09%271K
Selling and administrative expenses	3.31%7.61M	10.35%31.23M	17.78%8.74M	6.45%7.63M	8.33%7.5M	-4.02%7.37M	4.30%28.3M	87.80%7.42M	-5.82%7.17M	-11.27%6.92M
-General and administrative expense	3.52%7.4M	10.65%30.43M	19.17%8.58M	6.21%7.4M	8.43%7.3M	-4.45%7.15M	4.12%27.5M	91.93%7.2M	-6.24%6.97M	-11.79%6.73M
-Selling and marketing expense	-3.65%211K	0.00%803K	-28.57%155K	14.80%225K	5.13%205K	12.31%219K	11.07%803K	9.60%217K	12.00%196K	11.43%195K
Other non-interest expense	31.91%2.5M	-2.99%8.89M	-3.65%2.35M	0.92%2.31M	3.73%2.34M	45.18%1.9M	8.24%9.17M	-48.74%2.44M	79.58%2.29M	75.82%2.25M
Income from associates and other participating interests
Special income (charges)
Other non-operating income (expenses)
Income before tax	-18.94%12.14M	24.81%53.75M	-22.00%11.76M	13.47%14.22M	58.62%12.79M	102.67%14.98M	20.55%43.06M	98.79%15.08M	40.22%12.53M	-16.54%8.06M
Income tax	-21.04%2.35M	26.28%10.52M	-23.47%2.27M	12.86%2.81M	65.71%2.47M	113.87%2.98M	24.19%8.33M	116.29%2.96M	43.32%2.49M	-18.86%1.49M
Earnings from equity interest net of tax
Net income	-18.42%9.79M	24.45%43.22M	-21.64%9.5M	13.62%11.41M	57.00%10.31M	100.07%12M	19.70%34.73M	94.93%12.12M	39.48%10.05M	-15.99%6.57M
Net Income continuous operations	-18.42%9.79M	24.45%43.22M	-21.64%9.5M	13.62%11.41M	57.00%10.31M	100.07%12M	19.70%34.73M	94.93%12.12M	39.48%10.05M	-15.99%6.57M
Minority interest income
Net income attributable to the parent company	-18.42%9.79M	24.45%43.22M	-21.64%9.5M	13.62%11.41M	57.00%10.31M	100.07%12M	19.70%34.73M	94.93%12.12M	39.48%10.05M	-15.99%6.57M
Preferred stock dividends
Other preferred stock dividend
Net income attributable to common stockholders	-18.42%9.79M	24.45%43.22M	-21.64%9.5M	13.62%11.41M	57.00%10.31M	100.07%12M	19.70%34.73M	94.93%12.12M	39.48%10.05M	-15.99%6.57M
Basic earnings per share	-17.14%0.29	24.75%1.26	-20.00%0.28	13.79%0.33	57.89%0.3	94.44%0.35	18.82%1.01	94.44%0.35	38.10%0.29	-17.39%0.19
Diluted earnings per share	-17.14%0.29	3.13%0.33	-20.00%0.28	13.79%0.33	57.89%0.3	94.44%0.35	-62.35%0.32	94.44%0.35	38.10%0.29	-17.39%0.19
Dividend per share	12.50%0.09	3.13%0.33	12.50%0.09	0.00%0.08	0.00%0.08	0.00%0.08	0.00%0.32	0.00%0.08	0.00%0.08	0.00%0.08
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--	--

Analysis

Analyst Rating

No Data

Price Target

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Heat List

Overall