MCBC
Price:
$14.82
Market Cap:
$509.24M
Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and...[Read more]
Industry
Banks - Regional
IPO Date
1998-05-20
Stock Exchange
NASDAQ
Ticker
MCBC
According to Macatawa Bank Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.58. This represents a change of 16.70% compared to the average of 0.50 of the last 4 quarters.
The mean historical Current Ratio of Macatawa Bank Corporation over the last ten years is 7.30. The current 0.58 Current Ratio has changed 696.74% with respect to the historical average. Over the past ten years (40 quarters), MCBC's Current Ratio was at its highest in in the March 2021 quarter at 107.40. The Current Ratio was at its lowest in in the March 2022 quarter at 0.24.
Average
7.30
Median
0.28
Minimum
0.12
Maximum
46.78
Discovering the peaks and valleys of Macatawa Bank Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 141.55%
Maximum Annual Current Ratio = 46.78
Minimum Annual Increase = -99.70%
Minimum Annual Current Ratio = 0.12
Year | Current Ratio | Change |
---|---|---|
2023 | 0.35 | -26.80% |
2022 | 0.48 | 74.77% |
2021 | 0.27 | 45.99% |
2020 | 0.19 | -31.22% |
2019 | 0.27 | -4.94% |
2018 | 0.29 | 141.55% |
2017 | 0.12 | -14.28% |
2016 | 0.14 | -99.70% |
2015 | 46.78 | 94.25% |
2014 | 24.08 | -51.98% |
The current Current Ratio of Macatawa Bank Corporation (MCBC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.37
5-year avg
0.31
10-year avg
7.30
Macatawa Bank Corporation’s Current Ratio is greater than Home Federal Bancorp, Inc. of Louisiana (0), less than HMN Financial, Inc. (4.41), less than First Capital, Inc. (173.51), less than Magyar Bancorp, Inc. (23.20), less than HV Bancorp, Inc. (6.02), greater than Community West Bancshares (0.33), greater than Oconee Federal Financial Corp. (0.21), less than Cullman Bancorp, Inc. (76.62), greater than Lake Shore Bancorp, Inc. (0),
Company | Current Ratio | Market cap |
---|---|---|
0 | $40.63M | |
4.41 | $124.97M | |
173.51 | $107.16M | |
23.20 | $94.90M | |
6.02 | $77.41M | |
0.33 | $370.20M | |
0.21 | $72.86M | |
76.62 | $64.69M | |
0 | $75.59M |
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