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Macatawa Bank Corporation Macatawa Bank Corporation

Macatawa Bank Corporation

MCBC
Rank in Stocks #13247
Macatawa Bank Corporation functions as the parent company for Macatawa Bank,... 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.
Share Price
$14.82
Last synced: 2024-08-01
Market Cap
$507.64M
Change (1 day)
0.00%
Change (1 year)
0.00%
Country
US
Trade Macatawa Bank Corporation (MCBC)
P/E ratio for Macatawa Bank Corporation (MCBC)
P/E ratio as of August 2026 TTM: 11.76
According to Macatawa Bank Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.76. At the end of 2022 the company had a P/E ratio of 10.88.
P/E ratio history for Macatawa Bank Corporation from 2000 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 11.76 31.12%
2023 8.97 -17.58%
2022 10.88 4.65%
2021 10.40 9.82%
2020 9.47 -20.13%
2019 11.85 -4.46%
2018 12.41 -40.46%
2017 20.84 -5.88%
2016 22.14 38.21%
2015 16.02 -8.77%
2014 17.56 23.46%
2013 14.22 544.80%
2012 2.21 -75.20%
2011 8.89 -317.94%
2010 -4.08 612.14%
2009 -0.57 -62.31%
2008 -1.52 -109.59%
2007 15.86 -12.75%
2006 18.17 2.13%
2005 17.79 -35.32%
2004 27.51 12.92%
2003 24.37 31.25%
2002 18.56 -9.42%
2001 20.49 20.54%
2000 17.00 0.00%
P/E ratio for similar companies or competitors
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.