Previous close | 14.21 |
Open | 14.14 |
Bid | 14.28 x 400 |
Ask | 14.35 x 200 |
Day's range | 14.14 - 14.36 |
52-week range | 8.31 - 14.45 |
Volume | |
Avg. volume | 141,090 |
Market cap | 491.371M |
Beta (5Y monthly) | 0.66 |
PE ratio (TTM) | 52.96 |
EPS (TTM) | 0.27 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 0.36 (2.53%) |
Ex-dividend date | 10 May 2024 |
1y target est | 15.00 |
First Quarter Results Impacted by Merger Expenses and Shifting Deposit Types
Macatawa (MCBC) delivered earnings and revenue surprises of -3.33% and 2.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock to be paid on May 30, 2024 to shareholders of record on May 13, 2024. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company. About Macatawa Bank CorporationMacataw