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MCBC | Macatawa Bank Corporation Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 14.76 - 15.16
52 Week Range 8.31 - 15.16
Beta 0.59
Implied Volatility 141.50%
IV Rank 22.89%
Day's Volume 2,782,084
Average Volume 203,520
Shares Outstanding 34,361,600
Market Cap 509,238,912
Sector Financial Services
Industry Banks - Regional
IPO Date 1998-05-20
Valuation
Profitability
Growth
Health
P/E Ratio 54.89
Forward P/E Ratio N/A
EPS 0.27
1YR Price Target N/A
Dividend Yield 2.43%
Dividend Per Share 0.36
Dividend ExDate N/A
Dividend PayDate N/A
Employees 287
Country USA
Website MCBC
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.
MCBC's peers: MBWM
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Analyzing fundamentals for MCBC we got that it has average fundamentals where Valuation is considered to be undervalued, Profitability is moderate, Growth is bad and Health is weak. For more detailed analysis please see MCBC Fundamentals page.

Watching at MCBC technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on MCBC Technicals page.
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