Birgit Klohs - Macatawa Bank Independent Director

MCBC Stock  USD 14.26  0.13  0.92%   

Director

Ms. Birgit M. Klohs is an Independent Director of Macatawa Bank Corporationration Ms. Klohs is President Chief Executive Officer of The Right Place, Inc., located in Grand Rapids, and has held these positions since 1987. The Right Place, Inc. is the regional economic development organization for the retention, expansion and attraction of businesses to the West Michigan Area. Ms. Klohs also serves on the ADAC Automotive board of directors, the Priority Health board of directors, the Aeronautics Board of Gerald R. Ford International Airport, the International Crossing Authority, the Grand Rapids Area Chamber board of directors, the Grand Action Executive Committee, and the Kent CountyGrand Rapids ConventionArena Authority. Her past board memberships include Spectrum Health Systems, Local Development Finance Authority, Western Michigan University Board of Trustees, Michigan Economic Development Corporationrationration, Grand Rapids Symphony, Economic Club of Grand Rapids, the Van Andel Public Museum, and Heart of West Michigan United Way. Ms. Klohs has received numerous awards over her distinguished career. Recent awards include the International Economic Development Counsel Jeffrey A. Finkle Organizational Leadership Award for 2016, recognition as one of Crain 100 Most Influential Women in 2016, induction into the Michigan Business and Professional Association Michigan Business Women Hall of Fame in 2017, the Grand Rapids Economic Club Business Person of the Year in 2017, the David and Carol Van Andel Leadership Award in 2017, the Western Michigan University Distinguished Alumni Award in 2017, a finalist for the Ernst Young Entrepreneur of the Year in 2018 and named as one of the 50 Most Accomplished Women in NonProfit Management in 2018. since 2010.
Age 66
Tenure 14 years
Address 10753 Macatawa Drive, Holland, MI, United States, 49424
Phone616 820 1444
Webhttps://www.macatawabank.com
Klohs has received numerous awards over her distinguished career. Recent awards include the International Economic Development Counsel Jeffrey A. Finkle Organizational Leadership Award for 2016, recognition as one of Crain 100 Most Influential Women in 2016, and induction into the Michigan Business and Professional Association Michigan Business Women Hall of Fame in 2017. In nominating Ms. Klohs, the Governance Committee considered as important factors her extensive business experience, her extensive work in promoting economic development in West Michigan, her familiarity with the markets in which we operate, her familiarity with and ability to understand financial statements, and her extensive work for notforprofit organizations.

Macatawa Bank Management Efficiency

The company has return on total asset (ROA) of 0.0153 % which means that it generated a profit of $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1618 %, meaning that it created $0.1618 on every $100 dollars invested by stockholders. Macatawa Bank's management efficiency ratios could be used to measure how well Macatawa Bank manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.08. The current year's Return On Capital Employed is expected to grow to 0.07. At present, Macatawa Bank's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 514 M, whereas Total Assets are forecasted to decline to about 1.9 B.
The company currently holds 30.8 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Macatawa Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Macatawa Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Macatawa Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Macatawa to invest in growth at high rates of return. When we think about Macatawa Bank's use of debt, we should always consider it together with cash and equity.

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Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan. Macatawa Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 279 people. Macatawa Bank (MCBC) is traded on NASDAQ Exchange in USA. It is located in 10753 Macatawa Drive, Holland, MI, United States, 49424 and employs 287 people. Macatawa Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Macatawa Bank Leadership Team

Elected by the shareholders, the Macatawa Bank's board of directors comprises two types of representatives: Macatawa Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macatawa. The board's role is to monitor Macatawa Bank's management team and ensure that shareholders' interests are well served. Macatawa Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macatawa Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Justin Beek, Senior Officer
Jill Walcott, Sr. VP, Chief Retail Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank
Ronald Haan, CEO and President Director, Chairman of Macatawa Bank, CEO of Macatawa Bank and President of Macatawa Bank
Mark Bugge, Independent Director
Erich VanRavenswaay, VP Officer
Leslie Leegwater, VP Manager
Jodi Sevigny, Senior Officer
Susan VogelVanderson, Senior Officer
Thomas Wesholski, Independent Director
Douglas Padnos, Independent Director
Charles Geenen, Independent Director
Craig Hankinson, Chief Credit Officer, Sr. VP, Chief Credit Officer of Macatawa Bank and Sr. VP of Macatawa Bank
Michael Roy, Director
Jason Birchmeier, Senior Officer
Bryan Barker, Chief President
Birgit Klohs, Independent Director
Jon Swets, CFO, Sr. VP, Secretary, CFO of Macatawa Bank and Sr. VP of Macatawa Bank
Wayne Elhart, Independent Director
Arend Lubbers, Independent Director
Thomas Rosenbach, Independent Director
Robert Herr, Independent Director
Jeffrey Tatreau, Senior CTO
Matthew Hoeksema, Sr. VP, Chief Commercial Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank
Richard Postma, Independent Chairman of the Board

Macatawa Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Macatawa Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Macatawa Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macatawa Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macatawa Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macatawa Bank Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macatawa Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.
Note that the Macatawa Bank information on this page should be used as a complementary analysis to other Macatawa Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Macatawa Bank's price analysis, check to measure Macatawa Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macatawa Bank is operating at the current time. Most of Macatawa Bank's value examination focuses on studying past and present price action to predict the probability of Macatawa Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macatawa Bank's price. Additionally, you may evaluate how the addition of Macatawa Bank to your portfolios can decrease your overall portfolio volatility.
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Is Macatawa Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macatawa Bank. If investors know Macatawa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macatawa Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.33
Revenue Per Share
3.071
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0153
The market value of Macatawa Bank is measured differently than its book value, which is the value of Macatawa that is recorded on the company's balance sheet. Investors also form their own opinion of Macatawa Bank's value that differs from its market value or its book value, called intrinsic value, which is Macatawa Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macatawa Bank's market value can be influenced by many factors that don't directly affect Macatawa Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macatawa Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macatawa Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macatawa Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.