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Macatawa Bank Corporation (MCBC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US5542251021

CUSIP

554225102

Sector

Financial Services

IPO Date

May 20, 1998

Highlights

Market Cap

$509.24M

EPS (TTM)

$0.27

PE Ratio

54.89

PEG Ratio

4.62

Total Revenue (TTM)

$68.06M

Gross Profit (TTM)

$63.40M

EBITDA (TTM)

$31.83M

Year Range

$9.12 - $15.16

Target Price

$15.00

Short %

0.61%

Short Ratio

0.87

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Macatawa Bank Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%Jun 09Jun 16Jun 23Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11
6.16%
2.86%
MCBC (Macatawa Bank Corporation)
Benchmark (^GSPC)

Returns By Period


MCBC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

26.78%

1M

5.56%

6M

14.46%

1Y

31.61%

5Y (annualized)

14.25%

10Y (annualized)

11.32%

Monthly Returns

The table below presents the monthly returns of MCBC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.50%-7.24%-0.10%43.00%1.06%3.84%1.51%33.40%
2023-0.09%-0.25%-6.33%-8.51%-5.86%6.42%6.14%-6.21%-2.18%1.90%7.38%16.17%5.91%
20222.49%2.42%-1.85%-2.89%6.89%-4.64%5.20%3.23%-2.73%15.87%4.27%-0.72%29.25%
2021-0.84%7.37%12.68%-3.82%1.16%-8.85%-4.91%-0.38%-2.19%4.61%1.16%4.75%9.27%
2020-5.21%-7.94%-26.14%7.86%-2.67%5.82%-7.93%2.73%-10.79%10.11%9.13%7.86%-21.70%
20191.45%12.56%-8.89%3.82%-1.00%1.08%0.19%-3.12%5.06%0.63%3.10%3.92%18.85%
20183.60%-3.96%3.84%3.99%13.81%0.41%1.07%2.13%-6.09%-7.34%-5.94%-5.13%-1.59%
2017-1.82%-0.56%-2.37%-3.14%-3.05%3.25%1.15%-0.30%7.21%-2.14%1.92%-1.77%-2.11%
2016-3.14%4.65%2.46%8.96%5.56%3.63%4.45%0.78%2.70%1.75%16.41%10.39%74.98%
2015-3.13%2.85%-0.93%-1.87%-2.87%4.54%2.07%-3.33%-0.39%-0.39%14.79%2.72%13.54%
20146.00%-0.38%-4.20%-3.37%3.09%1.40%-7.30%9.17%-6.07%8.54%-2.50%7.51%10.52%
201360.90%5.16%10.63%3.51%-1.79%-8.36%2.98%-13.87%20.36%-8.74%4.48%-2.53%73.01%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of MCBC is 90, placing it in the top 10% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of MCBC is 9090
Overall Rank
The Sharpe Ratio Rank of MCBC is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of MCBC is 9696
Sortino Ratio Rank
The Omega Ratio Rank of MCBC is 9494
Omega Ratio Rank
The Calmar Ratio Rank of MCBC is 8585
Calmar Ratio Rank
The Martin Ratio Rank of MCBC is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Macatawa Bank Corporation (MCBC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
No data
MCBC
^GSPC

There is not enough data available to calculate the Sharpe ratio for Macatawa Bank Corporation. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio1.001.502.002.50Jun 09Jun 16Jun 23Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11
1.34
1.74
MCBC (Macatawa Bank Corporation)
Benchmark (^GSPC)

Dividends

Dividend History

Macatawa Bank Corporation provided a 1.21% dividend yield over the last twelve months, with an annual payout of $0.18 per share.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.18$0.33$0.32$0.32$0.32$0.28$0.25$0.18$0.12$0.11$0.08

Dividend yield

1.21%2.93%2.90%3.63%3.82%2.52%2.60%1.80%1.15%1.82%1.47%

Monthly Dividends

The table displays the monthly dividend distributions for Macatawa Bank Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.00$0.18
2023$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.33
2022$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.32
2021$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.32
2020$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.32
2019$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.28
2018$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.25
2017$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.18
2016$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.12
2015$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.11
2014$0.02$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%Jun 09Jun 16Jun 23Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11
-10.06%
-4.11%
MCBC (Macatawa Bank Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Macatawa Bank Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Macatawa Bank Corporation was 94.96%, occurring on Jun 25, 2010. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94.96%Jan 11, 20061122Jun 25, 2010
-35.08%Nov 2, 1998425Aug 29, 2000145Apr 23, 2001570
-19.79%Jul 1, 200273Oct 11, 200297Mar 4, 2003170
-18.03%Aug 1, 200553Oct 13, 200560Jan 10, 2006113
-17.84%Mar 7, 200529Apr 15, 200511May 2, 200540

Volatility

Volatility Chart

The current Macatawa Bank Corporation volatility is 3.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%Jun 09Jun 16Jun 23Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11
3.55%
6.33%
MCBC (Macatawa Bank Corporation)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Macatawa Bank Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Macatawa Bank Corporation compared to its peers in the Banks - Regional industry.


PE Ratio
20.040.060.080.0100.0120.054.9
The chart displays the price to earnings (P/E) ratio for MCBC in comparison to other companies of the Banks - Regional industry. Currently, MCBC has a PE value of 54.9. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
PEG Ratio
-5.00.05.010.015.04.6
The chart displays the price to earnings to growth (PEG) ratio for MCBC in comparison to other companies of the Banks - Regional industry. Currently, MCBC has a PEG value of 4.6. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Macatawa Bank Corporation.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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