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Macatawa Bank Corporation Macatawa Bank Corporation

Macatawa Bank Corporation

MCBC
Rank in Stocks #13237
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)
Revenue for Macatawa Bank Corporation (MCBC)
Revenue in Mar 2024 TTM: $123.20M
According to Macatawa Bank Corporation latest financial reports the company's current revenue (TTM) is $123.20M. In 2022 the company made a revenue of $13.67M a decrease compared to the revenue in the year 2021 that was $79.76M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Macatawa Bank Corporation from 2000 to 2026
Revenue at the end of each year
Year Revenue Change
2026 (TTM) $123.20M -6.84%
2023 $132.25M 867.25%
2022 $13.67M -82.86%
2021 $79.76M -6.72%
2020 $85.51M 2.76%
2019 $83.22M 7.89%
2018 $77.13M 11.20%
2017 $69.36M 4.13%
2016 $66.61M 7.66%
2015 $61.87M 7.41%
2014 $57.61M 0.32%
2013 $57.42M -8.98%
2012 $63.09M 3.10%
2011 $61.19M -10.79%
2010 $68.59M -1.30%
2009 $69.49M -8.90%
2008 $76.28M -3.47%
2007 $79.01M -3.16%
2006 $81.59M 7.59%
2005 $75.84M 22.20%
2004 $62.06M 19.96%
2003 $51.74M 24.15%
2002 $41.67M 63.80%
2001 $25.44M 36.40%
2000 $18.65M 0.00%
Revenue for similar companies or competitors