14.82  -0.13 (-0.87%)		07-31 16:00
Open: 14.91 High: 15.16 Volume: 2,782,084		Pre. Close: 14.95 Low: 14.76 Market Cap: 509(M)

Short term
Mid term
Targets	6-month :	17.52	1-year :	20.46
Resists	First :	15	Second :	17.52
Pivot price	14.79
Supports	First :	14.28	Second :	13.84
MAs	MA(5) :	14.85	MA(20) :	14.76
	MA(100) :	13.14	MA(250) :	11.14
MACD	MACD :	0.1	Signal :	0.1
%K %D	K(14,3) :	88.1	D(3) :	88
RSI	RSI(14): 56.7
52-week	High :	15	Low :	8.31

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ MCBC ] has closed below upper band by 43.5%. Bollinger Bands are 77.2% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 16 bars. This is a sign that the market may be about to initiate a new trend.

If tomorrow:	Open lower	Open higher
High:	14.83 - 14.91	14.91 - 14.97
Low:	14.64 - 14.73	14.73 - 14.8
Close:	14.69 - 14.82	14.82 - 14.94

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, trust, and brokerage services. In addition, it provides fraud protection; collection services; disbursement solutions; fund management; and investment and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan.

Fri, 02 Aug 2024
Wintrust (WTFC) Completes Acquisition of Macatawa for $510.3M - Yahoo Finance

Wed, 31 Jul 2024
Macatawa Bank Corporation Announces Special Meeting Results - Yahoo Finance

Wed, 31 Jul 2024
Macatawa Bank shareholders approve $510M merger with Wintrust Financial - Grand Rapids Business Journal

Mon, 22 Jul 2024
Diamondback Energy And Miller Industries Show Value And Momentum - Forbes

Tue, 25 Jun 2024
More Michigan banks — and their customers — could be up for grabs in 2024 - Grand Rapids Business Journal

Fri, 26 Apr 2024
Macatawa Bank Corp (MCBC) Q1 2024 Earnings: Misses Analyst Forecasts Amid Merger Developments - Yahoo Finance

Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.	Underperform
Price to Earnings: PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).	Neutral
Discounted cash flow: DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.	Outperform
Return on Assets: ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.	Outperform
Return on Equity: ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.	Outperform
Debt to Equity: evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.	Outperform

Exchange: NASDAQ
Sector: Financial Services
Industry: Banks - Regional
Shares Out	34 (M)
Shares Float	31 (M)
Held by Insiders	24.1 (%)
Held by Institutions	43.2 (%)
Shares Short	160 (K)
Shares Short P.Month	175 (K)

EPS	0.27
EPS Est Next Qtrly	0
EPS Est This Year	0
EPS Est Next Year	0
Book Value (p.s.)	8.52
Profit Margin	39.5 %
Operating Margin	49.1 %
Return on Assets (ttm)	1.5 %
Return on Equity (ttm)	14.8 %
Qtrly Rev. Growth	-6.5 %
Gross Profit (p.s.)	0
Sales Per Share	3.01
EBITDA (p.s.)	0
Qtrly Earnings Growth	-18.7 %
Operating Cash Flow	41 (M)
Levered Free Cash Flow	0 (M)

PE Ratio	54.88
PEG Ratio	1.5
Price to Book value	1.73
Price to Sales	4.91
Price to Cash Flow	12.36

Dividend	0
Forward Dividend	0
Dividend Yield	0%
Dividend Pay Date	Invalid DateTime.
Ex-Dividend Date	Invalid DateTime.