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Macatawa Bank Corporation

Logo Macatawa Bank Corporation

Finance

Major Banks

Nasdaq

as 04-12-2024 4:00pm EST

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Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.

Founded: 1997 Country:
United States
United States
Employees: N/A City: HOLLAND
Market Cap: 333.3M IPO Year: N/A
Target Price: $11.00 AVG Volume (30 days): 62.0K
Analyst Decision: Strong Buy Number of Analysts: 1
Dividend Yield: 3.74% Dividend Payout Frequency: Quarterly
EPS: 1.26 EPS Growth: 24.75
52 Week Low/High: $8.31 - $11.91 Next Earning Date: 04-25-2024
Revenue: $105,338,000 Revenue Growth: 15.39%
Revenue Growth (this year): 4.31% Revenue Growth (next year): 3.83%

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