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 PE Ratio as of December 2024 (TTM) for Macatawa Bank Corporation (MCBC) is 54.89

According to Macatawa Bank Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 54.89. This represents a change of 563.39% compared to the average of 8.27 of the last 4 quarters.

Macatawa Bank Corporation (MCBC) Historical PE Ratio (quarterly & annually)

How has MCBC PE Ratio performed in the past?

The mean historical PE Ratio of Macatawa Bank Corporation over the last ten years is 14.05. The current 54.89 PE Ratio has changed 38.96% with respect to the historical average. Over the past ten years (40 quarters), MCBC's PE Ratio was at its highest in in the December 2017 quarter at 38.70. The PE Ratio was at its lowest in in the September 2023 quarter at 6.73.

Quarterly (TTM)
Annual

Average

14.05

Median

12.13

Minimum

8.97

Maximum

22.14

Macatawa Bank Corporation (MCBC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Macatawa Bank Corporation PE 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 = 38.21%

Maximum Annual PE Ratio = 22.14

Minimum Annual Increase = -40.46%

Minimum Annual PE Ratio = 8.97

Quarterly (TTM)
Annual
YearPE RatioChange
20238.97-17.58%
202210.884.65%
202110.409.82%
20209.47-20.13%
201911.85-4.46%
201812.41-40.46%
201720.84-5.88%
201622.1438.21%
201516.02-8.77%
201417.5623.46%

Macatawa Bank Corporation (MCBC) Average PE Ratio

How has MCBC PE Ratio performed in the past?

The current PE Ratio of Macatawa Bank Corporation (MCBC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

10.08

5-year avg

10.31

10-year avg

14.05

Macatawa Bank Corporation (MCBC) PE Ratio vs. Peers

How is MCBC’s PE Ratio compared to its peers?

Macatawa Bank Corporation’s PE Ratio is greater than Home Federal Bancorp, Inc. of Louisiana (11.97), greater than HMN Financial, Inc. (23.48), greater than First Capital, Inc. (9.08), greater than Magyar Bancorp, Inc. (11.67), greater than HV Bancorp, Inc. (30.97), less than Community West Bancshares (294.56), greater than Oconee Federal Financial Corp. (11.26), greater than Cullman Bancorp, Inc. (17.55), greater than Lake Shore Bancorp, Inc. (17.94),

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