Douglas Padnos - Macatawa Bank Independent Director
| MCBC Stock | USD 14.28 0.02 0.14% |
Director
Mr. Douglas B. Padnos is an Independent Director of Macatawa Bank Corporationration Mr. Padnos was a leader in our business community for many years. After 12 years in sales and sales management in the residential and contract furniture industry, he joined his family business, Padnos, a recycling company, where he has served as Executive Manager of the Paper and Plastics division since 1989 and now serves as Executive Vice President. He has also served as President of the Holland Area Arts Council, VP and Trustee of the Grand Rapids Art Museum and has supported other notforprofit organizations including the Boys Girls Club and Hospice of Holland. Mr. Padnos is a 1977 graduate of the University of Michigan. In nominating Mr. Padnos, the Governance Committee considered as important factors his extensive business experience, his familiarity with the markets in which we operate, his familiarity with and ability to understand financial statements, and his extensive work for notforprofit organizations. since 2009.
| Age | 63 |
| Tenure | 15 years |
| Address | 10753 Macatawa Drive, Holland, MI, United States, 49424 |
| Phone | 616 820 1444 |
| Web | https://www.macatawabank.com |
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.Similar Executives
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Management Performance
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0153 |
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.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0153 | ||||
| Profit Margin | 0.41 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 70.44 M | ||||
| Shares Outstanding | 34.36 M | ||||
| Shares Owned By Insiders | 22.78 % | ||||
| Shares Owned By Institutions | 43.20 % | ||||
| Number Of Shares Shorted | 75.76 K | ||||
| Price To Earning | 12.08 X |
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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.