Financial Snapshot

Revenue
$115.6M
TTM
Gross Margin
Net Earnings
$41.01M
TTM
Current Assets
Current Liabilities
$17.53M
Q1 2024
Current Ratio
Total Assets
$2.615B
Q1 2024
Total Liabilities
$2.322B
Q1 2024
Book Value
$293.0M
Q1 2024
Cash
Q1 2024
P/E
12.42
Aug 01, 2024 EST
Free Cash Flow
$40.34M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

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Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

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Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

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Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

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Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

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Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $509.24 Million

About MACATAWA BANK CORP

Macatawa Bank Corp. is a holding company, which engages in the provision of financial services. The company is headquartered in Holland, Michigan and currently employs 287 full-time employees. The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. The company 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. The company 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. The company also offers loans products to retail customers, such as residential mortgage and consumer loans. The company offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. The company also offers trust services, which includes personal trust and retirement plan services.

Industry: State Commercial Banks Peers: Capital Bancorp Inc CIVISTA BANCSHARES, INC. FARMERS & MERCHANTS BANCORP INC First Bancorp, Inc /ME/ First Internet Bancorp SOUTHERN FIRST BANCSHARES INC PNC FINANCIAL SERVICES GROUP, INC.