MCBC Macatawa Bank Corp

Price (delayed)

$8.92

Market cap

$305M

P/E Ratio

9.7

Dividend/share

$0.32

EPS

$0.92

Enterprise value

-$516.26M

Highlights
The equity rose by 8% YoY
The net income has grown by 4.5% from the previous quarter and by 2.6% YoY
MCBC's price to earnings (P/E) is 35% lower than its 5-year quarterly average of 15.0 but 5% higher than its last 4 quarters average of 9.2

Key stats

What are the main financial stats of MCBC
Market
Shares outstanding
34.19M
Market cap
$305M
Enterprise value
-$516.26M
Valuations
Price to earnings (P/E)
9.7
Price to book (P/B)
1.26
Price to sales (P/S)
3.63
EV/EBIT
-13.41
EV/EBITDA
-12.63
EV/Sales
-6.15
Earnings
Revenue
$83.98M
EBIT
$38.49M
EBITDA
$40.89M
Free cash flow
$23.29M
Per share
EPS
$0.92
Free cash flow per share
$0.68
Book value per share
$7.09
Revenue per share
$2.46
TBVPS
$79.96
Balance sheet
Total assets
$2.73B
Total liabilities
$2.49B
Debt
$90.62M
Equity
$242.38M
Working capital
N/A
Liquidity
Debt to equity
0.37
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-20.08
Margins
EBITDA margin
48.7%
Gross margin
100%
Net margin
37.5%
Operating margin
45.8%
Efficiency
Return on assets
1.2%
Return on equity
13.3%
Return on invested capital
1.9%
Return on capital employed
N/A
Return on sales
45.8%
Dividend
Dividend yield
3.59%
DPS
$0.32
Payout ratio
34.8%

MCBC stock price

How has the Macatawa Bank stock price performed over time
Intraday
-1.11%
1 week
-2.83%
1 month
-7.66%
1 year
23.2%
YTD
6.57%
QTD
-10.35%

Financial performance

How have Macatawa Bank's revenue and profit performed over time
Revenue
$83.98M
Gross profit
$83.98M
Operating income
$38.49M
Net income
$31.53M
Gross margin
100%
Net margin
37.5%
The operating income rose by 4.6% QoQ
The net income has grown by 4.5% from the previous quarter and by 2.6% YoY
The operating margin has increased by 2.7% QoQ
The net margin is up by 2.5% from the previous quarter

Growth

What is Macatawa Bank's growth rate over time

Valuation

What is Macatawa Bank stock price valuation
P/E
9.7
P/B
1.26
P/S
3.63
EV/EBIT
-13.41
EV/EBITDA
-12.63
EV/Sales
-6.15
MCBC's price to earnings (P/E) is 35% lower than its 5-year quarterly average of 15.0 but 5% higher than its last 4 quarters average of 9.2
MCBC's EPS is up by 4.5% from the previous quarter
MCBC's P/B is 26% below its 5-year quarterly average of 1.7 but 5% above its last 4 quarters average of 1.2
The equity rose by 8% YoY
The P/S is 16% lower than the 5-year quarterly average of 4.3 but 7% higher than the last 4 quarters average of 3.4

Efficiency

How efficient is Macatawa Bank business performance
The ROA has contracted by 20% YoY and by 8% from the previous quarter
The return on equity has declined by 7% year-on-year but it has grown by 2.3% since the previous quarter
Macatawa Bank's return on invested capital has increased by 6% QoQ but it has decreased by 5% YoY
MCBC's ROS is up by 2.7% from the previous quarter

Dividends

What is MCBC's dividend history
DPS
$0.32
Dividend yield
3.59%
Payout ratio
34.8%
Recent dividends

Financial health

How did Macatawa Bank financials performed over time
MCBC's total assets is 10% higher than its total liabilities
The total liabilities has increased by 38% YoY and by 3.7% QoQ
MCBC's total assets is up by 35% YoY and by 3.5% QoQ
The debt is 63% less than the equity
The debt to equity has decreased by 10% YoY and by 2.6% QoQ
The equity rose by 8% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.