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 PE Ratio is 54.89. This represents a change of 563.39% compared to the average of 8.27 of the last 4 quarters.
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.
Average
14.05
Median
12.13
Minimum
8.97
Maximum
22.14
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
Year | PE Ratio | Change |
---|---|---|
2023 | 8.97 | -17.58% |
2022 | 10.88 | 4.65% |
2021 | 10.40 | 9.82% |
2020 | 9.47 | -20.13% |
2019 | 11.85 | -4.46% |
2018 | 12.41 | -40.46% |
2017 | 20.84 | -5.88% |
2016 | 22.14 | 38.21% |
2015 | 16.02 | -8.77% |
2014 | 17.56 | 23.46% |
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’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),
Company | PE Ratio | Market cap |
---|---|---|
11.97 | $40.63M | |
23.48 | $124.97M | |
9.08 | $107.16M | |
11.67 | $94.90M | |
30.97 | $77.41M | |
294.56 | $370.20M | |
11.26 | $72.86M | |
17.55 | $64.69M | |
17.94 | $75.59M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Macatawa Bank Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Macatawa Bank Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Macatawa Bank Corporation's PE Ratio?
How is the PE Ratio calculated for Macatawa Bank Corporation (MCBC)?
What is the highest PE Ratio for Macatawa Bank Corporation (MCBC)?
What is the 3-year average PE Ratio for Macatawa Bank Corporation (MCBC)?
What is the 5-year average PE Ratio for Macatawa Bank Corporation (MCBC)?
How does the current PE Ratio for Macatawa Bank Corporation (MCBC) compare to its historical average?