Macatawa Bank Corporation
NASDAQ Global SelectTotal Valuation
Macatawa Bank Corporation carries a market capitalization of 509.24M, placing it among publicly traded companies globally. Its enterprise value stands at -164.38M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 509.24M |
| Enterprise Value | -164.38M |
Share Statistics
Macatawa Bank Corporation currently has 34.36M shares outstanding.
| Shares Outstanding | 34.36M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Macatawa Bank Corporation trades at a trailing price-to-earnings ratio of 8.14. The price-to-sales ratio is 3.26, and the price-to-book ratio stands at 1.05.
| PE Ratio | 8.14 |
| PS Ratio | 3.26 |
| PB Ratio | 1.05 |
| P/TBV Ratio | 1.14 |
| P/FCF Ratio | 7.94 |
| P/OCF Ratio | 8.11 |
Financial Position
| Current Ratio | N/A |
| Quick Ratio | N/A |
| Debt / Equity | 6.83 |
| Debt / EBITDA | 31.60 |
| Interest Coverage | N/A |
Financial Efficiency
| Return on Equity (ROE) | 13.59 |
| Return on Assets (ROA) | 1.56 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Macatawa Bank Corporation has paid 9.90M in income taxes, reflecting an effective tax rate of 19.44.
| Income Tax | 9.90M |
| Effective Tax Rate | 19.44 |
Stock Price Statistics
Macatawa Bank Corporation's stock has gained approximately 62.85714% over the past 52 weeks. The 50-day moving average sits at 14.34, while the 200-day moving average is 11.62.
| Beta (5Y) | N/A |
| 52-Week Price Change | 62.85714% |
| 50-Day Moving Average | 14.34 |
| 200-Day Moving Average | 11.62 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Macatawa Bank Corporation generated 102.48M in revenue and converted that into 41.01M in net income, yielding earnings per share of 1.20.
| Revenue | 102.48M |
| Gross Profit | N/A |
| Operating Income | N/A |
| Pretax Income | 50.91M |
| Net Income | 41.01M |
| EBITDA | 633,000.00 |
| EBIT | N/A |
| Earnings Per Share (EPS) | 1.20 |
Balance Sheet
Macatawa Bank Corporation holds 518.30M in cash and equivalents against 20.00M in total debt, resulting in a net debt position of -7.08M.
| Cash & Cash Equivalents | 518.30M |
| Total Debt | 20.00M |
| Net Debt | -7.08M |
| Equity (Book Value) | 316.89M |
| Book Value Per Share | 9.23 |
| Working Capital | N/A |
Cash Flow
Macatawa Bank Corporation produced 41.19M in operating cash flow over the past twelve months. After subtracting -846,000.00 in capital expenditures, free cash flow totaled 40.34M - equivalent to 1.18 per share.
| Operating Cash Flow | 41.19M |
| Capital Expenditures | -846,000.00 |
| Free Cash Flow | 40.34M |
| FCF Per Share | 1.18 |
Margins
Macatawa Bank Corporation operates with a gross margin of 100.00, reflecting its pricing power and cost economics.
| Gross Margin | 100.00 |
| Operating Margin | N/A |
| Pretax Margin | 49.68 |
| Profit Margin | 40.02 |
| EBITDA Margin | 0.62 |
Dividends & Yields
The company's payout ratio of 28.37 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.34 |
| Dividend Yield | N/A |
| Payout Ratio | 28.37 |
| Shareholder Yield | 20.44 |
| FCF Yield | 12.59 |
Stock Splits
Macatawa Bank Corporation's most recent stock split took place on May 9, 2007 with a 20:21 split ratio.
| Last Split Date | 5/9/2007 |
| Split Ratio | 20:21 |
Scores
Macatawa Bank Corporation posts an Altman Z-Score of 0.18, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 0.18 |