Macatawa Bank Stock Today
| MCBC Stock | USD 14.48 0.14 0.98% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Macatawa Bank is trading at 14.48 as of the 11th of May 2024, a 0.98 percent up since the beginning of the trading day. The stock's open price was 14.34. Macatawa Bank has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Macatawa Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of February 2024 and ending today, the 11th of May 2024. Click here to learn more.
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. The company has 34.36 M outstanding shares of which 144.17 K shares are now shorted by private and institutional investors with about 0.5 trading days to cover. More on Macatawa Bank
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Follow Valuation Odds of Bankruptcy
Financial Report 25th of July 2024
Macatawa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Macatawa Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Macatawa Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Ronald Haan |
| Business Concentration | Banking, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
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 Banking category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 497.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Macatawa Bank's market, we take the total number of its shares issued and multiply it by Macatawa Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Macatawa Bank conducts business under Banks sector and is part of Financials industry. The entity has 34.36 M outstanding shares of which 144.17 K shares are now shorted by private and institutional investors with about 0.5 trading days to cover.
Macatawa Bank currently holds about 764.76 M in cash with 43.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Macatawa Bank Probability Of Bankruptcy
Ownership AllocationMacatawa Bank holds a total of 34.36 Million outstanding shares. Macatawa Bank holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Macatawa Ownership Details
Macatawa Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Macatawa Bank market risk premium is the additional return an investor will receive from holding Macatawa Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Macatawa Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Macatawa Bank's alpha and beta are two of the key measurements used to evaluate Macatawa Bank's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0876 | |||
| Jensen Alpha | 0.7374 | |||
| Total Risk Alpha | 0.0343 | |||
| Sortino Ratio | 0.313 |
Macatawa Stock Against Markets
Picking the right benchmark for Macatawa Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Macatawa Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Macatawa Bank is critical whether you are bullish or bearish towards Macatawa Bank at a given time. Please also check how Macatawa Bank's historical prices are related to one of the top price index indicators.
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Macatawa Bank Corporate Management
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.
| Jill Walcott | Sr. VP, Chief Retail Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank | Profile | |
| Craig Hankinson | Chief Credit Officer, Sr. VP, Chief Credit Officer of Macatawa Bank and Sr. VP of Macatawa Bank | Profile | |
| Justin Beek | Senior Officer | Profile | |
| Jason Birchmeier | Senior Officer | Profile |
How to buy Macatawa Stock?
Before investing in Macatawa Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Macatawa Bank. To buy Macatawa Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Macatawa Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Macatawa Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Macatawa Bank stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Macatawa Bank stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Macatawa Bank, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Macatawa Stock please use our How to Invest in Macatawa Bank guide.
Already Invested in Macatawa Bank?
The danger of trading Macatawa Bank is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Macatawa Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Macatawa Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Macatawa Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
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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.
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.