Macatawa Pretax Profit Margin from 2010 to 2024

MCBC Stock  USD 13.85  0.16  1.17%   
Macatawa Bank's Pretax Profit Margin is increasing over the years with slightly volatile fluctuation. Pretax Profit Margin is expected to dwindle to 0.26. During the period from 2010 to 2024 Macatawa Bank Pretax Profit Margin annual values regression line had geometric mean of  0.35 and mean square error of  0.49. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.40639839
Current Value
0.26
Quarterly Volatility
0.73688172
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Macatawa Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Macatawa main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 602.3 K or Selling And Marketing Expenses of 945.9 K, as well as many exotic indicators such as Price To Sales Ratio of 3.76, Dividend Yield of 0.0231 or PTB Ratio of 1.68. Macatawa financial statements analysis is a perfect complement when working with Macatawa Bank Valuation or Volatility modules.
  
This module can also supplement Macatawa Bank's financial leverage analysis and stock options assessment as well as various Macatawa Bank Technical models . Check out the analysis of Macatawa Bank Correlation against competitors.
For information on how to trade Macatawa Stock refer to our How to Trade Macatawa Stock guide.

Latest Macatawa Bank's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Macatawa Bank over the last few years. It is Macatawa Bank's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Macatawa Bank's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Macatawa Pretax Profit Margin Regression Statistics

Arithmetic Mean0.51
Geometric Mean0.35
Coefficient Of Variation143.74
Mean Deviation0.35
Median0.33
Standard Deviation0.74
Sample Variance0.54
Range3.0543
R-Value0.40
Mean Square Error0.49
R-Squared0.16
Significance0.14
Slope0.07
Total Sum of Squares7.60

Macatawa Pretax Profit Margin History

2023 0.41
2022 3.15
2021 0.45
2020 0.43
2019 0.47
2018 0.42
2017 0.39

About Macatawa Bank Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Macatawa Bank income statement, its balance sheet, and the statement of cash flows. Macatawa Bank investors use historical funamental indicators, such as Macatawa Bank's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Macatawa Bank investors may use each financial statement separately, they are all related. The changes in Macatawa Bank's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Macatawa Bank's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Macatawa Bank Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Macatawa Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.41  0.26 

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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 the analysis of Macatawa Bank Correlation against competitors.
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.