Valuation: MACATAWA

Market Cap 509M 447M 417M 383M 718M 48.81B 730M 4.93B 1.93B 24.11B 1.91B 1.87B 83.39B P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 89.68M 78.74M 73.41M 67.49M 126M 8.6B 129M 868M 340M 4.25B 337M 329M 14.69B 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.
01/08/24
White Bay Capital LLLP
TenderCompany 5,319,788 15.4818%
01/08/24 Issuer sale

Chief Operating Officer

81,742 0.2379%
01/08/24 Issuer sale

Director

135,868 0.3954%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+47.46% 509M
+0.31%+5.44%+19.65%+129.02% 947B
+0.79%+3.64%+29.25%+95.99% 436B
+0.96%+3.52%+20.85%+98.92% 388B
-0.18%+4.57%+61.56%+141.07% 354B
+1.56%+5.55%+10.00%+106.56% 308B
+1.11%+1.23%+65.44%+130.02% 292B
+1.30%+3.61%+16.70%+92.58% 269B
-0.46%+0.63%+3.02%+89.80% 264B
-3.63%+5.41%+69.73%+239.30% 261B
Average +0.09%+2.71%+29.62%+117.07% 351.97B
Weighted average by Cap. +0.29%+3.40%+30.38%+123.38%

Financials

2022 2023
Net sales 91.29M 80.15M 74.73M 68.7M 129M 8.75B 131M 883M 346M 4.32B 343M 335M 14.95B 105M 92.49M 86.23M 79.27M 149M 10.1B 151M 1.02B 400M 4.99B 395M 387M 17.25B
Net income 34.73M 30.49M 28.43M 26.14M 48.99M 3.33B 49.82M 336M 132M 1.64B 130M 128M 5.69B 43.22M 37.95M 35.38M 32.53M 60.96M 4.14B 62M 418M 164M 2.05B 162M 159M 7.08B
Net Debt -725M -636M -593M -545M -1.02B -69.44B -1.04B -7.01B -2.75B -34.3B -2.72B -2.66B -119B -420M -368M -343M -316M -592M -40.21B -602M -4.06B -1.59B -19.86B -1.57B -1.54B -68.7B
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