MCBC
Macatawa Bank Corp.
Halal Rating :
See Details
Last Price
$14.80
Last updated:
Market Cap
$509.24m
7D Change
0.0%
1 Year Change
0.0%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Macatawa Bank 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. It also offers ATM and debit card processing, cash management, trust, and brokerage services. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $25.39m | $8.35m | $20.73m | $8.35m | 81.64% | 100.00% |
| Dec. 31, 2023 | $26.12m | $8.2m | $21.44m | $8.2m | 82.07% | 100.00% |
| Sept. 30, 2023 | $26.86m | $7.54m | $22.24m | $7.54m | 82.81% | 100.00% |
Company Impact
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