Macatawa Bank Corporation MCBC

Set alert

Price alert · MCBC

All alert types
14.82 0.00 0.00%

At close · Jul 31

14.76 Day range 15.16

52-week range unavailable

Open
14.91
Prev close
14.82
Mkt cap
509.24M
Vol
2.78M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
2.43%
More statistics
Low
14.76
High
15.16
Forward P/E
11.86
Beta
0.53
Short ratio
0.87
Inst. own
43.25%
Dividend
0.36
Ex-div date
May 9, 2024
Earnings
Aug 8, 2024
50-d avg
14.35
200-d avg
11.79
1y target
15.00

5D chart

Chart tools
Interval

Chart is warming up

The five-day price history for MCBC has not been loaded yet. Try again in a moment.

Financial health

Altman Z-Score

0.11 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

Valuation

P/E 9.0×
FY 2014: 17.5×FY 2015: 15.9×FY 2016: 22.1×FY 2017: 20.8×FY 2018: 12.3×FY 2019: 11.8×FY 2020: 9.5×FY 2021: 10.4×FY 2022: 10.9×FY 2023: 9.0×
FY 2014 5y median 10.4× FY 2023
P/S 2.9×
FY 2014: 3.2×FY 2015: 3.3×FY 2016: 5.3×FY 2017: 4.9×FY 2018: 4.2×FY 2019: 4.6×FY 2020: 3.3×FY 2021: 3.8×FY 2022: 27.6×FY 2023: 2.9×
FY 2014 5y median 3.8× FY 2023
P/B 1.4×
FY 2014: 1.3×FY 2015: 1.3×FY 2016: 2.2×FY 2017: 2.0×FY 2018: 1.7×FY 2019: 1.7×FY 2020: 1.2×FY 2021: 1.2×FY 2022: 1.5×FY 2023: 1.4×
FY 2014 5y median 1.4× FY 2023
P/FCF 9.0×
FY 2014: 12.4×FY 2015: 16.0×FY 2016: 22.4×FY 2017: 15.7×FY 2018: 11.5×FY 2019: 13.2×FY 2020: 10.1×FY 2021: 8.6×FY 2022: 11.1×FY 2023: 9.0×
FY 2014 5y median 10.1× FY 2023
EV/EBITDA 7.2×
FY 2014: 11.0×FY 2015: 11.0×FY 2016: 15.1×FY 2017: 12.5×FY 2018: 5.0×FY 2019: 7.9×FY 2020: 7.6×FY 2021: 8.9×FY 2022: 3.8×FY 2023: 7.2×
FY 2014 5y median 7.6× FY 2023
EV/Sales 2.9×
FY 2014: 4.5×FY 2015: 4.7×FY 2016: 6.8×FY 2017: 6.3×FY 2018: 5.0×FY 2019: 5.1×FY 2020: 4.0×FY 2021: 4.6×FY 2022: 26.1×FY 2023: 2.9×
FY 2014 5y median 4.6× FY 2023
FCF Yield 11.1%
FY 2014: 8.1%FY 2015: 6.3%FY 2016: 4.5%FY 2017: 6.4%FY 2018: 8.7%FY 2019: 7.6%FY 2020: 9.9%FY 2021: 11.6%FY 2022: 9.0%FY 2023: 11.1%
FY 2014 5y median 9.9% FY 2023

Profitability

Gross Margin 13.9%
FY 2014: 100.0%FY 2015: 100.0%FY 2016: 100.0%FY 2017: 100.0%FY 2018: 98.4%FY 2019: 100.0%FY 2020: 100.0%FY 2021: 100.0%FY 2022: 100.0%FY 2023: 13.9%
FY 2014 5y median 100.0% FY 2023
Operating Margin 40.6%
FY 2014: 35.8%FY 2015: 38.3%FY 2016: 40.7%FY 2017: 47.2%FY 2018: 54.1%FY 2019: 47.4%FY 2020: 43.0%FY 2021: 44.8%FY 2022: 349.8%FY 2023: 40.6%
FY 2014 5y median 44.8% FY 2023
Net Margin 32.7%
FY 2014: 18.2%FY 2015: 20.7%FY 2016: 23.9%FY 2017: 23.5%FY 2018: 34.2%FY 2019: 38.4%FY 2020: 35.3%FY 2021: 36.4%FY 2022: 254.0%FY 2023: 32.7%
FY 2014 5y median 36.4% FY 2023
ROE 15.1%
FY 2014: 7.3%FY 2015: 8.4%FY 2016: 9.8%FY 2017: 9.4%FY 2018: 13.8%FY 2019: 14.7%FY 2020: 12.6%FY 2021: 11.4%FY 2022: 14.1%FY 2023: 15.1%
FY 2014 5y median 14.1% FY 2023
ROIC 2.9%
FY 2014: 7.5%FY 2015: 6.8%FY 2016: -4.6%FY 2017: -4.6%FY 2018: -10.4%FY 2019: -9.2%FY 2020: -3.7%FY 2021: -5.0%FY 2022: -4.9%FY 2023: 2.9%
FY 2014 5y median -4.9% FY 2023
ROA 1.6%
FY 2014: 0.7%FY 2015: 0.7%FY 2016: 0.9%FY 2017: 0.9%FY 2018: 1.3%FY 2019: 1.5%FY 2020: 1.1%FY 2021: 1.0%FY 2022: 1.2%FY 2023: 1.6%
FY 2014 5y median 1.2% FY 2023

Growth (YoY)

Revenue 867.2%
FY 2014: 0.3%FY 2015: 7.4%FY 2016: 7.7%FY 2017: 4.1%FY 2018: 11.2%FY 2019: 7.9%FY 2020: 2.8%FY 2021: -6.7%FY 2022: -82.9%FY 2023: 867.2%
FY 2014 FY 2023
Operating Income 12.4%
FY 2014: -2.4%FY 2015: 14.9%FY 2016: 14.4%FY 2017: 20.7%FY 2018: 27.5%FY 2019: -5.6%FY 2020: -6.7%FY 2021: -2.9%FY 2022: 33.9%FY 2023: 12.4%
FY 2014 FY 2023
EPS (diluted) 24.8%
FY 2014: -11.4%FY 2015: 22.6%FY 2016: 23.7%FY 2017: 2.1%FY 2018: 62.5%FY 2019: 20.5%FY 2020: -6.4%FY 2021: -3.4%FY 2022: 18.8%FY 2023: 24.8%
FY 2014 FY 2023
Free Cash Flow 26.7%
FY 2014: 6.8%FY 2015: -13.6%FY 2016: 22.7%FY 2017: 37.2%FY 2018: 31.3%FY 2019: 1.2%FY 2020: -1.3%FY 2021: 23.4%FY 2022: -2.7%FY 2023: 26.7%
FY 2014 FY 2023

Financial Health

Current Ratio 0.3×
FY 2014: 24.1×FY 2015: 46.8×FY 2016: 0.1×FY 2017: 0.1×FY 2018: 0.3×FY 2019: 0.3×FY 2020: 0.2×FY 2021: 0.3×FY 2022: 0.5×FY 2023: 0.3×
FY 2014 5y median 0.3× FY 2023
Quick Ratio 0.7×
FY 2014: 24.1×FY 2015: 46.8×FY 2016: 0.4×FY 2017: 0.5×FY 2018: 0.5×FY 2019: 0.6×FY 2020: 0.7×FY 2021: 1.0×FY 2022: 1.0×FY 2023: 0.7×
FY 2014 5y median 0.7× FY 2023
Debt / Equity 0.1×
FY 2014: 0.9×FY 2015: 0.9×FY 2016: 0.8×FY 2017: 0.8×FY 2018: 0.5×FY 2019: 0.4×FY 2020: 0.4×FY 2021: 0.3×FY 2022: 0.1×FY 2023: 0.1×
FY 2014 5y median 0.3× FY 2023
Net Debt / EBITDA -0.0×
FY 2014: 3.3×FY 2015: 3.3×FY 2016: 3.3×FY 2017: 2.8×FY 2018: 0.8×FY 2019: 0.9×FY 2020: 1.3×FY 2021: 1.5×FY 2022: -0.2×FY 2023: -0.0×
FY 2014 5y median 0.9× FY 2023
Interest Coverage 84.8×
FY 2014: 3.7×FY 2015: 4.5×FY 2016: 5.5×FY 2017: 5.7×FY 2018: 4.4×FY 2019: 3.2×FY 2020: 6.5×FY 2021: 13.9×FY 2022: 10.0×FY 2023: 84.8×
FY 2014 5y median 10.0× FY 2023

Dividends

Dividend Yield 2.9%
FY 2014: 1.5%FY 2015: 1.8%FY 2016: 1.1%FY 2017: 1.8%FY 2018: 2.6%FY 2019: 2.5%FY 2020: 3.8%FY 2021: 3.6%FY 2022: 2.9%FY 2023: 2.9%
FY 2014 5y median 2.9% FY 2023
Payout Ratio 26.1%
FY 2014: 25.7%FY 2015: 28.9%FY 2016: 25.4%FY 2017: 37.4%FY 2018: 32.2%FY 2019: 29.7%FY 2020: 36.1%FY 2021: 37.6%FY 2022: 31.4%FY 2023: 26.1%
FY 2014 5y median 31.4% FY 2023

Annual · latest fiscal year ends 2023-12-31