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MCBC

Macatawa Bank Corporation

Insider Trades

ActorHolding ValueLast TransactionAmountTransaction PriceCurrent Price
BBBarker Bryan LChief Financial Officer, SVP
--5.6k shares
OtherAug 1, 2024
Disclosure amount unavailable5.6k shares
--
--
GCGeenen Charles A.Director
--122.7k shares
OtherAug 1, 2024
Disclosure amount unavailable122.7k shares
--
--
HRHaan Ronald LDirector
--314.1k shares
OtherAug 1, 2024
Disclosure amount unavailable314.1k shares
--
--
HCHankinson Craig AChief Operating Officer
--81.7k shares
OtherAug 1, 2024
Disclosure amount unavailable81.7k shares
--
--
HRHerr Robert LDirector
--1k shares
OtherAug 1, 2024
Disclosure amount unavailable1k shares
--
--
KBKlohs Birgit M.Director
--17.3k shares
OtherAug 1, 2024
Disclosure amount unavailable17.3k shares
--
--
Trade MCBC

About Macatawa Bank Corporation

Macatawa Bank Corporation functions as the parent company for Macatawa Bank, delivering a comprehensive suite of commercial, consumer, and trust banking solutions. Its deposit offerings encompass a wide array of options, including checking, savings, money market, and demand accounts, alongside various time deposits and certificates of deposit. The institution also provides diverse loan products. These include commercial and industrial loans, designed to fund business operations and equipment purchases. Additionally, it offers commercial real estate financing for projects ranging from construction and development to multi-family dwellings and other non-residential properties. Residential mortgage loans are available, alongside a variety of consumer lending options such as automobile loans, home equity lines of credit (HELOCs), installment loans, home improvement financing, deposit-secured loans, and other personal or household-related credit. Beyond lending and deposits, Macatawa Bank delivers services like ATM and debit card processing, comprehensive cash management, trust administration, and brokerage facilities. Furthermore, it assists clients with fraud protection, collection services, disbursement solutions, fund management, and various investment and retirement planning options. Its extensive client base encompasses individuals, businesses, various associations, religious organizations, nonprofit entities, other financial institutions, and governmental bodies. As of year-end 2021, the company maintained a physical presence through 26 full-service branches distributed across Kent, Ottawa, and northern Allegan counties in Michigan. Macatawa Bank Corporation was established in 1997 and is headquartered in Holland, Michigan.

CEO
Craig A. Hankinson
IPO Date
May 20, 1998

Market Data

OpenThe first traded price for the current trading session.
$14.91
HighThe highest traded price in the current trading session.
$15.16
LowThe lowest traded price in the current trading session.
$14.76
VolumeTotal shares traded during the current trading session.
2.8M
52W HighThe highest traded price over the past 52 weeks.
$15.16
52W LowThe lowest traded price over the past 52 weeks.
$8.31

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$509M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$508M

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$43M
RevenueTotal sales from the latest annual income statement.
$132M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$43M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$32M
DebtTotal debt from the latest balance sheet.
$31M

Events

EarningsApr 23

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