Macatawa Bank Corporation Financials

Market Capitalization $501.0 Million as of July 1, 2024

Valuations Metrics as of May. 5, 2024

Trailing PE	53.41
Forward PE	11.82
Price to Sales TTM	$4.78
Price to Book MRQ	$1.69
Enterprise to Revenue	1.52
Enterprise to EBITDA

Financial Reports as of Mar. 31, 2024

Financials

Fiscal Year Ends	2023-12-31
Most Recent Quarter	2024-03-31
Profit Margin	39.60%
Operating Margin	49.13%
Return on Assets TTM	1.56%
Return on Equity TTM	14.82%

Income Statement

Revenue TTM	$103,581,000
Revenue per Share TTM	$3.02
Quarterly Revenue Growth	-6.50%
Gross Profit TTM	$0
EBITDA	$0
Net Income to Common TTM	$41,013,000
Diluted EPS TTM	$0.27
Quarterly Earnings Growth YoY	-18.40%

Balance Sheet

Total Cash MRQ	$364,033,984
Total Cash per Share MRQ	$10.59
Total Debt MRQ	$
Total Debt to Equity MRQ	0.09
Current Ratio MRQ
Book Value per Share MRQ	$8.53

Cash Flow

Operating Cash Flow TTM	$41,187,000
Levered Free Cash Flow TTM	$43,224,000

MCBC Stock Info as of May. 5, 2024

Stock Statistics

Shares Outstanding	34,361,600
Float Shares	26,435,724
Avg 10 Volume	182,277
Avg 30 Volume	None
Shares Short	85,766
Short Ratio	0.85
Short % of Shares	0.33%
% Held by Insiders	24.19%
% Held by Institutions	43.19%

Stock Price Summary

Beta	0.66
Fifty Two Week Low	$8.31
Fifty Two Week High	$14.45
Fifty Two Week Change	40.22%
Day 50 MA	$10.84
Day 200 MA	$10.08

Dividends and Splits

Forward Annual Dividend Rate	$0.36
Forward Annual Dividend Yield	2.50%
Trailing Annual Dividend Rate	$0.34
Trailing Annual Dividend Yield	2.36%
Payout Ratio	125.93%
Dividend Date	2024-05-30
Ex Dividend Date	2024-05-10
Last Split Factor
Last Split Date	2007-05-09