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MCBC | Macatawa Bank Corporation Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)
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Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
Revenue132.25M13.67M79.76M85.51M83.22M77.13M69.36M66.61M61.87M57.61M57.42M63.09M61.19M68.59M69.49M76.28M79.01M81.59M75.84M62.06M51.74M41.67M25.44M18.65M12.10M2.71M
Cost of Revenue113.81MN/AN/AN/AN/A1.20MN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Gross Profit18.44M13.67M79.76M85.51M83.22M75.93M69.36M66.61M61.87M57.61M57.42M63.09M61.19M68.59M69.49M76.28M79.01M81.59M75.84M62.06M51.74M41.67M25.44M18.65M12.10M2.71M
Operating Expenses14.56M803.00K-44.04M-48.73M-43.77M-34.17M-36.61M-39.47M-38.15M-36.96M-36.27M-36.37M-40.88M-59.70M-98.65M-65.56M10.45M13.46M-2.54M-16.98M-11.83M-4.61M3.10M3.14M-1.98M-2.00M
Selling, General & Admin31.23M28.30M25.96M25.93M24.92M25.73M25.34M25.64M25.80M24.36M24.47M25.18M37.76M38.98M44.32M27.54M26.76M25.87M24.01M20.42M17.32M13.56M8.90M7.23M5.67M198.83K
Research & DevelopmentN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Other Operating Expenses-14.56M-13.82M-70.00M-74.66M-68.69M-64.20M-61.95M-65.12M-63.95M-61.32M-60.74M-61.55M-78.64M-98.68M-142.96M-93.10M-16.31M-12.40M-26.55M-37.40M-29.14M-18.17M-5.80M-4.10M-7.65M-2.20M
Operating Income53.75M47.82M35.72M36.79M39.44M41.76M32.76M27.14M23.73M20.64M21.16M26.72M20.31M8.88M-29.16M10.72M89.46M95.06M73.30M45.08M39.91M37.07M28.54M21.79M10.12M701.69K
Other Expenses / Income-1.32M-789.00K-749.00K-515.00K-492.00K-587.00K-604.00K-1.78M-4.17M-4.80M-6.98M-12.48M-14.48M-25.44M-43.09M-57.94M-76.46M-39.17M-42.56M-26.31M-22.34M-32.11M-14.73M-11.47MN/AN/A
Before Tax Income53.75M43.06M35.72M36.79M39.44M32.35M27.02M22.18M18.42M15.05M13.82M16.91M5.83M-16.55M-72.24M-47.23M13.01M28.97M30.74M18.77M17.57M14.16M7.61M4.05MN/AN/A
Income Tax Expenses10.52M8.33M6.71M6.62M7.46M5.97M10.73M6.23M5.63M4.57M4.27M-18.58M-8.60M1.30M-8.60M-8.37M3.74M9.13M9.85M6.00M5.79M4.65M2.50M699.26K9.43M3.19M
Net Income43.22M34.73M29.01M30.16M31.98M26.38M16.29M15.95M12.79M10.47M9.55M35.49M5.83M-17.85M-63.64M-38.85M9.27M19.83M20.89M12.78M11.78M9.51M5.12M3.35M693.27K-2.49M
Interest Expenses634.00K4.76M2.56M5.69M12.46M9.41M5.73M4.96M5.31M5.60M7.34M9.81M14.48M25.44M43.09M57.94M76.46M66.09M42.56M26.31M22.34M22.90M20.93M17.74M9.43M3.19M
Basic Shares Outstanding34.36M34.26M34.20M34.12M34.06M34.02M33.95M33.92M33.87M33.80M27.16M27.09M22.74M17.69M17.45M17.03M17.11M17.80M26.56M30.33M17.55M16.22M10.33M8.09M7.08M4.58M
Diluted Shares Outstanding34.36M34.26M34.20M34.12M34.06M34.02M33.95M33.92M33.87M33.80M27.16M27.09M22.74M17.69M17.45M17.04M17.28M18.27M27.26M30.91M17.82M16.48M10.43M8.19M7.08M4.58M
EBITDA53.75M49.38M38.45M39.41M41.65M44.32M35.04M29.95M26.70M23.78M24.22M29.69M23.43M11.84M-25.46M14.60M93.16M98.44M76.40M48.05M42.61M39.44M30.01M23.02M10.86M973.14K
EBITDA Margin40.64%361.16%48.20%46.09%50.05%57.47%50.52%44.95%43.14%41.28%42.18%47.06%38.28%17.26%-36.64%19.14%117.91%120.65%100.74%77.43%82.36%94.63%117.97%123.42%89.73%35.96%
EBIT54.38M47.82M38.29M42.48M51.90M41.76M32.76M27.14M23.73M20.64M21.16M26.72M11.71M8.88M-29.16M10.72M89.46M95.06M73.30M45.08M39.91M37.07M28.54M21.79M19.55M3.89M
EBIT Margin41.12%349.77%48.00%49.67%62.36%54.14%47.23%40.74%38.35%35.83%36.84%42.35%19.14%12.95%-41.96%14.05%113.22%116.50%96.65%72.64%77.14%88.95%112.18%116.81%161.56%143.83%
Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-31
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