Merged with Wintrust Financial Corporation in Sep 2024
MCBC - Macatawa Bank Corporation
NASDAQ
->
Financial Services
->
Banks—Regional
Holland,
United States
Type: Equity
MCBC price evolution
MCBC
| (in millions $) | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $358.48 | $450.35 | $510.47 | $383.93 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $38.97 | $38.6 | $39.4 | $39.77 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $2126.94 | $2171.48 | $2117.78 | $2117.91 |
| Total assets | $2614.91 | $2748.7 | $2759.71 | $2630.25 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $17.53 | $15.88 | $14.25 | $14.89 |
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $20 | $30 | $30 | $30 |
| Total liabilities | $2321.93 | $2461.61 | $2489.83 | $2366.43 |
| Shareholders' equity | ||||
| Retained earnings | $96.47 | $89.76 | $83.35 | $74.67 |
| Other shareholder equity | -$23.92 | $287.08 | -$33.56 | -$30.76 |
| Total shareholder equity | $292.97 | $287.08 | $269.88 | $263.82 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $450.35 | $755.17 | $1151.79 | $783.74 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $38.6 | $40.31 | $41.77 | $43.25 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $2171.48 | $2020.91 | $1659.13 | $1745.2 |
| Total assets | $2748.7 | $2906.92 | $2928.75 | $2642.03 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $15.88 | $14.74 | $11.8 | $13 |
| Long term debt | $90.62 | |||
| Total noncurrent liabilities | ||||
| Total debt | $30 | $30 | $85 | $90.62 |
| Total liabilities | $2461.61 | $2659.88 | $2674.75 | $2402.18 |
| Shareholders' equity | ||||
| Retained earnings | $89.76 | $59.04 | $35.22 | $17.1 |
| Other shareholder equity | $287.08 | $247.04 | -$0.3 | $4.21 |
| Total shareholder equity | $287.08 | $247.04 | $254 | $239.84 |
| (in millions $) | 31 Mar 2024 | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $25.39 | $26.13 | $27.01 | $25.46 |
| Cost of revenue | ||||
| Gross Profit | $25.39 | $27.01 | $25.46 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $10.97 | $10.61 | $10.49 | |
| Total operating expenses | $13.24 | $12.79 | $12.67 | |
| Operating income | $12.14 | $14.22 | $12.79 | |
| Income from continuing operations | ||||
| EBIT | $12.14 | $14.22 | $12.79 | |
| Income tax expense | $2.35 | $2.27 | $2.81 | $2.47 |
| Interest expense | ||||
| Net income | ||||
| Net income | $9.79 | $9.49 | $11.41 | $10.31 |
| Income (for common shares) | $9.79 | $11.41 | $10.31 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Jan 2022 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $105.89 | $91.29 | $82.51 | |
| Cost of revenue | ||||
| Gross Profit | $91.29 | $82.51 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $39.92 | $38.52 | ||
| Total operating expenses | $48.23 | $45.73 | ||
| Operating income | $43.06 | $36.79 | ||
| Income from continuing operations | ||||
| EBIT | $43.06 | $36.79 | ||
| Income tax expense | $10.52 | $8.33 | $6.62 | |
| Interest expense | ||||
| Net income | ||||
| Net income | $43.22 | $34.73 | $30.16 | |
| Income (for common shares) | $34.73 | $30.16 | ||
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $9.79 | $9.49 | $11.41 | $10.31 |
| Operating activities | ||||
| Depreciation | $0.48 | $0.05 | $0.02 | $0.08 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.17 | $0.29 | $0.18 | $0.18 |
| Total cash flows from operations | $10.12 | $12.8 | $8.16 | $10.11 |
| Investing activities | ||||
| Capital expenditures | -$0.9 | $0.26 | -$0.16 | -$0.04 |
| Investments | $43.33 | -$40.12 | -$2.77 | -$34.78 |
| Total cash flows from investing | $42.42 | -$39.86 | -$2.93 | -$34.83 |
| Financing activities | ||||
| Dividends paid | -$3.08 | -$3.08 | -$2.73 | -$2.73 |
| Sale and purchase of stock | -$0.12 | -$0.01 | ||
| Net borrowings | -$10 | |||
| Total cash flows from financing | -$144.41 | -$33.06 | $121.31 | -$12.09 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$91.87 | -$60.12 | $126.54 | -$36.81 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $43.22 | $34.73 | $29.01 | $30.16 |
| Operating activities | ||||
| Depreciation | $0.32 | $1.56 | $2.72 | $2.62 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.82 | $0.7 | $0.68 | $0.51 |
| Total cash flows from operations | $43.8 | $34.8 | $35.92 | $30.57 |
| Investing activities | ||||
| Capital expenditures | $2.26 | -$0.75 | -$0.82 | -$2.27 |
| Investments | -$140.04 | -$401.73 | $79.32 | -$61.53 |
| Total cash flows from investing | -$137.78 | -$402.48 | $69.4 | -$63.62 |
| Financing activities | ||||
| Dividends paid | -$11.29 | -$10.91 | -$10.89 | -$10.88 |
| Sale and purchase of stock | -$0.14 | -$0.21 | -$0.13 | -$0.09 |
| Net borrowings | -$55 | -$5.62 | $10 | |
| Total cash flows from financing | -$210.84 | -$28.94 | $262.73 | $544.33 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$304.82 | -$396.62 | $368.05 | $511.29 |
News
Fundamentals
| Market cap | $509.24M |
|---|---|
| Enterprise value | $170.76M |
| Shares outstanding | 34.36M |
| Revenue | $103.98M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $41.01M |
| Revenue Q/Q | -6.47% |
| Revenue Y/Y | 4.71% |
| P/E ratio | 12.42 |
|---|---|
| EV/Sales | 1.64 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 4.90 |
| P/B ratio | 1.61 |
| Book/Share | 9.22 |
| Cash/Share | 10.43 |
| EPS | $1.19 |
|---|---|
| ROA | 1.53% |
| ROE | 14.73% |
| Debt/Equity | 8.57 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |