Macatawa Bank

$8.92 0.00% ($0.00)
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About Macatawa Bank

Macatawa Bank Corporation is a bank holding company. The Company, through its subsidiary, Macatawa Bank (the Bank), offers a range of commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans. The Bank is a Michigan chartered bank with depository accounts insured by the Federal Deposit Insurance Corporation. Its other services include automated teller machines (ATMs), Internet banking, telephone banking and debit cards. The Bank provides various brokerage services, including discount brokerage through Infinex, personal financial planning and consultation regarding mutual funds. As of December 31, 2016, the Bank operated 26 full service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan.

Stock Analysis

last close $9.28
1-mo return -4.9%
3-mo return -10.3%
avg daily vol. 60.57T
52-week high 10.66
52-week low 6.23
market cap. $314M
forward pe 11
annual div. 0.32
roe 13.5%
ltg forecast -
dividend yield 3.45%
annual rev. $91M
inst own. 36.6%

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