Macatawa Bank Corporation

Macatawa Bank Corporationverified

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

The Dividend Yield as of September 2024 (TTM) for Macatawa Bank Corporation (MCBC) is 1.82%

According to Macatawa Bank Corporation’s latest financial reports and current stock price. The company's current Dividend Yield is 1.82%. This represents a change of 109.66% compared to the average of 0.87% of the last 4 quarters.

Macatawa Bank Corporation (MCBC) Historical Dividend Yield (quarterly & annually)

How has MCBC Dividend Yield performed in the past?

The mean historical Dividend Yield of Macatawa Bank Corporation over the last ten years is 2.45%. The current 1.82% Dividend Yield has changed -25.73% with respect to the historical average. Over the past ten years (40 quarters), MCBC's Dividend Yield was at its highest in in the September 2020 quarter at 1.22%. The Dividend Yield was at its lowest in in the December 2016 quarter at 0.29%.

Quarterly (TTM)
Annual

Average

2.45%

Median

2.55%

Minimum

1.15%

Maximum

3.81%

Macatawa Bank Corporation (MCBC) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Macatawa Bank Corporation Dividend Yield, 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 = 56.41%

Maximum Annual Dividend Yield = 3.81%

Minimum Annual Increase = -58.05%

Minimum Annual Dividend Yield = 1.15%

Quarterly (TTM)
Annual
YearDividend YieldChange
20232.91%0.80%
20222.89%-20.02%
20213.61%-5.20%
20203.81%51.83%
20192.51%-3.18%
20182.59%44.50%
20171.79%56.41%
20161.15%-36.53%
20151.81%23.54%
20141.46%-58.05%

Macatawa Bank Corporation (MCBC) Average Dividend Yield

How has MCBC Dividend Yield performed in the past?

The current Dividend Yield of Macatawa Bank Corporation (MCBC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.14%

5-year avg

3.15%

10-year avg

2.45%

Macatawa Bank Corporation (MCBC) Dividend Yield vs. Peers

How is MCBC’s Dividend Yield compared to its peers?

Macatawa Bank Corporation’s Dividend Yield is less than Home Federal Bancorp, Inc. of Louisiana (4.17%), less than HMN Financial, Inc. (1.28%), less than First Capital, Inc. (3.04%), less than Magyar Bancorp, Inc. (2.12%), greater than HV Bancorp, Inc. (0%), less than Community West Bancshares (3.55%), less than Oconee Federal Financial Corp. (2.76%), less than Cullman Bancorp, Inc. (1.24%), less than Lake Shore Bancorp, Inc. (2.66%),

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