Macatawa Bank (MCBC) to Release Quarterly Earnings on Wednesday
Macatawa Bank (NASDAQ:MCBC) is scheduled to be releasing its earnings data on Wednesday, January 24th. Analysts expect Macatawa Bank to post earnings of $0.15 per share for the quarter.
Macatawa Bank (NASDAQ:MCBC) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.14 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.14. Macatawa Bank had a return on equity of 10.84% and a net margin of 24.64%. The firm had revenue of $17.44 million during the quarter.
Macatawa Bank (NASDAQ:MCBC) opened at $10.20 on Wednesday. Macatawa Bank has a 12-month low of $8.87 and a 12-month high of $10.66. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $346.54, a PE ratio of 19.25 and a beta of 1.12.
Macatawa Bank Company Profile
Macatawa Bank Corporation is a bank holding company. The Company, through its subsidiary, Macatawa Bank (the Bank), offers a range of commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans.
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