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 ROE as of September 2024 (TTM) for Macatawa Bank Corporation (MCBC) is 14.73%

According to Macatawa Bank Corporation’s latest financial reports and current stock price. The company's current ROE is 14.73%. This represents a change of 298.43% compared to the average of 3.70% of the last 4 quarters.

Macatawa Bank Corporation (MCBC) Historical ROE (quarterly & annually)

How has MCBC ROE performed in the past?

The mean historical ROE of Macatawa Bank Corporation over the last ten years is 11.67%. The current 14.73% ROE has changed 26.26% with respect to the historical average. Over the past ten years (40 quarters), MCBC's ROE was at its highest in in the December 2022 quarter at 4.90%. The ROE was at its lowest in in the December 2017 quarter at 1.27%.

Quarterly (TTM)
Annual

Average

11.67%

Median

12.00%

Minimum

7.35%

Maximum

15.06%

Macatawa Bank Corporation (MCBC) ROE by Quarter and Year

Discovering the peaks and valleys of Macatawa Bank Corporation ROE, 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 = 46.76%

Maximum Annual ROE = 15.06%

Minimum Annual Increase = -14.47%

Minimum Annual ROE = 7.35%

Quarterly (TTM)
Annual
YearROEChange
202315.06%7.09%
202214.06%23.08%
202111.42%-9.18%
202012.58%-14.47%
201914.71%6.39%
201813.82%46.76%
20179.42%-4.21%
20169.83%16.79%
20158.42%14.56%
20147.35%1.98%

Macatawa Bank Corporation (MCBC) Average ROE

How has MCBC ROE performed in the past?

The current ROE 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

13.51%

5-year avg

13.56%

10-year avg

11.67%

Macatawa Bank Corporation (MCBC) ROE vs. Peers

How is MCBC’s ROE compared to its peers?

Macatawa Bank Corporation’s ROE is less than Home Federal Bancorp, Inc. of Louisiana (6.90%), less than HMN Financial, Inc. (4.89%), less than First Capital, Inc. (11.80%), less than Magyar Bancorp, Inc. (6.94%), less than HV Bancorp, Inc. (2.09%), greater than Community West Bancshares (0.05%), less than Oconee Federal Financial Corp. (6.71%), less than Cullman Bancorp, Inc. (3.60%), less than Lake Shore Bancorp, Inc. (5.21%),

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