Macatawa Bank Stock Performance
| MCBC Stock | USD 14.30 0.02 0.14% |
On a scale of 0 to 100, Macatawa Bank holds a performance score of 8. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Macatawa Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macatawa Bank is expected to be smaller as well. Please check Macatawa Bank's downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to make a quick decision on whether Macatawa Bank's current price movements will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Macatawa Bank are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting fundamental drivers, Macatawa Bank exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.18 | Five Day Return 3.96 | Year To Date Return 27.16 | Ten Year Return 196.17 | All Time Return 114.15 |
Forward Dividend Yield 0.0252 | Payout Ratio 0.2636 | Last Split Factor 105:100 | Forward Dividend Rate 0.36 | Dividend Date 2024-02-28 |
1 | Macatawa Bank is a Top Dividend Stock Right Now Should You Buy | 01/31/2024 |
2 | Macatawa Bank Stock Crosses Above 200-Day Moving Average of 9.83 - MarketBeat | 02/13/2024 |
| Macatawa Bank dividend paid on 28th of February 2024 | 02/28/2024 |
3 | Contrasting Macatawa Bank Summit Financial Group - Defense World | 03/11/2024 |
4 | Discretionary transaction by Bryan Barker of tradable shares of Macatawa Bank subject to Rule 16b-3 | 03/25/2024 |
5 | Macatawa Bank Stock Soars On Merger Agreement Whats Going On | 04/15/2024 |
6 | BRODSKY SMITH SHAREHOLDER UPDATE Notifying Investors of the Following Investigations Macatawa Bank Corporation , Shockwave Medical, Inc. , Apartment Income REIT... | 04/16/2024 |
7 | Wintrust financial beats Q1 earnings and revenue estimates | 04/17/2024 |
8 | Earnings call Wintrust reports record net income, plans Macatawa acquisition | 04/18/2024 |
9 | Wintrust Financial Corporation Q1 2024 Earnings Call Transcript | 04/19/2024 |
| Begin Period Cash Flow | 755.2 M | |
| Free Cash Flow | 43.1 M |
Macatawa |
Macatawa Bank Relative Risk vs. Return Landscape
If you would invest 1,101 in Macatawa Bank on January 26, 2024 and sell it today you would earn a total of 329.00 from holding Macatawa Bank or generate 29.88% return on investment over 90 days. Macatawa Bank is currently generating 0.5225% in daily expected returns and assumes 5.1025% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of stocks are less volatile than Macatawa, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Macatawa Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macatawa Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Macatawa Bank, and traders can use it to determine the average amount a Macatawa Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MCBC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.1 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Macatawa Bank is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Macatawa Bank by adding it to a well-diversified portfolio.
Macatawa Bank Fundamentals Growth
Macatawa Stock prices reflect investors' perceptions of the future prospects and financial health of Macatawa Bank, and Macatawa Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Macatawa Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0153 | |||
| Profit Margin | 0.41 % | |||
| Operating Margin | 0.47 % | |||
| Current Valuation | 71.13 M | |||
| Shares Outstanding | 34.36 M | |||
| Price To Earning | 12.08 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 3.13 X | |||
| Revenue | 132.25 M | |||
| Gross Profit | 91.29 M | |||
| EBITDA | 53.75 M | |||
| Net Income | 43.22 M | |||
| Cash And Equivalents | 764.76 M | |||
| Cash Per Share | 22.33 X | |||
| Total Debt | 30.8 M | |||
| Debt To Equity | 0.27 % | |||
| Book Value Per Share | 8.36 X | |||
| Cash Flow From Operations | 43.52 M | |||
| Earnings Per Share | 0.33 X | |||
| Market Capitalization | 490.68 M | |||
| Total Asset | 2.6 B | |||
| Retained Earnings | 89.76 M | |||
About Macatawa Bank Performance
To evaluate Macatawa Bank Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Macatawa Bank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Macatawa Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Macatawa Bank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Macatawa's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -1.4 K | -1.5 K | |
| Return On Tangible Assets | 0.07 | 0.08 | |
| Return On Capital Employed | 0.04 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.15 | 0.16 |
Things to note about Macatawa Bank performance evaluation
Checking the ongoing alerts about Macatawa Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Macatawa Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Macatawa Bank is way too risky over 90 days horizon | |
| Macatawa Bank appears to be risky and price may revert if volatility continues | |
| About 23.0% of the company outstanding shares are owned by corporate insiders | |
| On 28th of February 2024 Macatawa Bank paid $ 0.09 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Wintrust Financial Corporation Q1 2024 Earnings Call Transcript |
- Analyzing Macatawa Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Macatawa Bank's stock is overvalued or undervalued compared to its peers.
- Examining Macatawa Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Macatawa Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Macatawa Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Macatawa Bank's stock. These opinions can provide insight into Macatawa Bank's potential for growth and whether the stock is currently undervalued or overvalued.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Macatawa Stock analysis
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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
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.