Stock Scorecard
Stock Summary for Macatawa Bank Corp (MCBC) - $14.24 as of 4/27/2024 5:34:10 AM EST
Total Score
10 out of 29
Currently on the following lists
None
Tim's Recommendation
Avoid
Growth List Algorithm Criteria for MCBC
| Positive earnings growth | |
| P/E ratio less than Industry P/E Ratio | |
| P/E ratio less than Sector P/E Ratio | |
| P/E ratio that is half the growth rate (or less) | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Positive net income past year and 12 trailing months | |
| Free cash flow ratio greater than 0 and less than 10 |
Small Cap List Algorithm Criteria for MCBC
| Revenue growing by at least 20% average per year over the last 5 years | |
| Market Capitalization under 2 billion | |
| Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months | |
| Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months | |
| Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year |
Dividend List Algorithm Criteria for MCBC
| Declared an ex-dividend date | |
| Forward annual dividend rate greater than 2 | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Current ratio most recent quarter greater than 2 |
Bonus Criteria for MCBC
| P/E ratio less than five-year Average P/E ratio | |
| Last Price to 52 Week Low Ratio Less Than 1 | |
| Total Cash Per Share > Last Day Price | |
| P/S Ratio < 1 | |
| P/B Ratio < 1 |
Latest News for for MCBC
Financial Details for MCBC
Company Overview |
|
|---|---|
| Ticker | MCBC |
| Company Name | Macatawa Bank Corp |
| Country | USA |
| Description | Macatawa Bank Corporation is the banking holding company for Macatawa Bank providing consumer and commercial banking and trust services. The company is headquartered in Holland, Michigan. |
| Sector Name | FINANCE |
| Industry Name | STATE COMMERCIAL BANKS |
| Most Recent Quarter | 12/31/2023 |
| Next Earnings Date | 7/25/2024 |
Stock Price History |
|
| Last Day Price | 14.24 |
| Last Day Price Updated | 4/27/2024 5:34:10 AM EST |
| Last Day Volume | 121,151 |
| Average Daily Volume | 225,548 |
| 52-Week High | 14.45 |
| 52-Week Low | 8.04 |
| Last Price to 52 Week Low | 77.11% |
Valuation Measures |
|
| Trailing PE | 43.33 |
| Industry PE | 12.44 |
| Sector PE | 18.49 |
| 5-Year Average PE | 7.45 |
| Free Cash Flow Ratio | 18.03 |
| Industry Free Cash Flow Ratio | 3.69 |
| Sector Free Cash Flow Ratio | 8.80 |
| Current Ratio Most Recent Quarter | 1.35 |
| Total Cash Per Share | 0.79 |
| Book Value Per Share Most Recent Quarter | 8.36 |
| Price to Book Ratio | 1.15 |
| Industry Price to Book Ratio | 0.90 |
| Sector Price to Book Ratio | 1.71 |
| Price to Sales Ratio Twelve Trailing Months | 3.13 |
| Industry Price to Sales Ratio Twelve Trailing Months | 2.43 |
| Sector Price to Sales Ratio Twelve Trailing Months | 2.70 |
Share Statistics |
|
| Total Shares Outstanding | 34,361,600 |
| Market Capitalization | 489,309,184 |
| Institutional Ownership | N/A |
Dividends |
|
| Ex-Dividend Date | 2/12/2024 |
| Last Dividend Amount | 0.09 |
| Current Dividend Amount | 0.09 |
| Dividend Aristocrat? | False |
| Trailing Annual Dividend Rate | 0.43 |
| Trailing Annual Dividend Yield | 3.01% |
| Forward Annual Dividend Rate | 0.45 |
| Forward Annual Dividend Yield | 3.13% |
| 5-Year Dividend Payments Count | 21 |
| 3-Year Average Dividend Yield | 3.15% |
| 5-Year Average Dividend Yield | 3.16% |
| 1-Year Dividend Growth Rate Percentage | 3.12% |
| 3-Year Dividend Growth Rate Percentage | 1.55% |
| 5-Year Dividend Growth Rate Percentage | 4.19% |
| All-Time Dividend Growth Rate Percentage | 14.01% |
| Dividend Payout Ratio | 130.30% |
Income Statement |
|
| Quarterly Earnings Growth YOY | -21.00% |
| Annual Earnings Growth | 24.45% |
| Reported EPS 12 Trailing Months | 0.33 |
| Reported EPS Past Year | 0.00 |
| Reported EPS Prior Year | 1.29 |
| Net Income Twelve Trailing Months | 41,013,000 |
| Net Income Past Year | 43,224,000 |
| Net Income Prior Year | 34,731,000 |
| Quarterly Revenue Growth YOY | -6.50% |
| 5-Year Revenue Growth | 6.56% |
Balance Sheet |
|
| Total Cash Most Recent Quarter | 27,081,000 |
| Total Cash Past Year | 32,317,000 |
| Total Cash Prior Year | 51,215,000 |
| Net Cash Position Most Recent Quarter | -2,919,000 |
| Net Cash Position Past Year | 2,317,000 |
| Long Term Debt Past Year | 30,000,000 |
| Long Term Debt Prior Year | 0 |
| Total Debt Most Recent Quarter | 30,000,000 |
| Equity to Debt Ratio Past Year | 0.91 |
| Equity to Debt Ratio Most Recent Quarter | 0.91 |
| Total Stockholder Equity Past Year | 287,085,000 |
| Total Stockholder Equity Prior Year | 247,038,000 |
| Total Stockholder Equity Most Recent Quarter | 292,973,000 |
Options |
|
| Put/Call Ratio | 0.00 |
| Has Options | False |
| Liquidity Rating | None |
Technical Analysis |
|
| Yahoo Finance Chart | Yahoo Finance Chart |
| MACD | 1.23 |
| MACD Signal | 0.90 |
| 20-Day Bollinger Lower Band | 8.02 |
| 20-Day Bollinger Middle Band | 10.67 |
| 20-Day Bollinger Upper Band | 13.32 |
| Beta | 0.66 |
| RSI | 85.01 |
| 50-Day SMA | 9.65 |
| 200-Day SMA | 8.67 |
System |
|
| Modified | 4/27/2024 5:34:11 AM EST |