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MCBC - Macatawa Bank Corpor...

Financial Summary of Macatawa Bank Corporation(MCBC), Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides comme

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Macatawa Bank Corporation

MCBC

NASDAQ

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, trust, and brokerage services. In addition, it provides fraud protection; collection services; disbursement solutions; fund management; and investment and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan.

13.67 USD

3.74 (27.36%)

About

ceo

Mr. Jon W. Swets

sector

Financial Services

industry

Banks - Regional

website

https://www.macatawabank.com

exchange

NASDAQ

Description

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and...

CIK

0001053584

ISIN

US5542251021

CUSIP

554225102

Address

10753 Macatawa Drive

Phone

616 820 1444

Country

US

Employee

287

IPO Date

May 20, 1998

Summary

CIK

0001053584

Exchange

NASDAQ

Industry

Banks - Regional

Sector

Financial Services

CUSIP

554225102

ISIN

US5542251021

Country

US

Price

13.67

Beta

0.66

Volume Avg.

70.71k

Market Cap

469.72M

Shares

-

52-Week

8.31-14.0

DCF

35.87

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

41.42

P/B

-

Website

https://www.macatawabank.com

Historical Prices

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Financial Statement

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Earnings

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Upgrades and Downgrades

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