Macatawa Bank Corp.

  • Market Cap: Micro Cap
  • Industry: Regional Banks
  • ISIN: US5542251021
USD
14.82
-0.13 (-0.87%)
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stock-summaryCompany CV
About Macatawa Bank Corp. stock-summary
stock-summary
Macatawa Bank Corp.
Regional Banks
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.
Company Coordinates stock-summary
Company Details
10753 Macatawa Dr , HOLLAND MI : 49424-9572
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Tel: 1 616 82014441 616 4947645
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Registrar Details
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Shareholding Snapshotstock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 34 Schemes (16.9%)

Foreign Institutions

Held by 25 Foreign Institutions (1.41%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summary Board of Directorsstock-summary
Management
Designation
Mr. Richard Postma
Independent Chairman of the Board
Mr. Ronald Haan
President, Chief Executive Officer, Director of the Company and the Bank
Ms. Nicole Dandridge
Director Representative of White Bay
Mr. Charles Geenen
Independent Director
Mr. Robert Herr
Independent Director
Ms. Birgit Klohs
Independent Director
Dr. Michael Le Roy
Independent Director
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Revenue and Profits:
Net Sales:
29 Million
(Quarterly Results - Mar 2024)
Net Profit:
10 Million
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Industry

Regional Banks

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Market cap

USD 509 Million (Micro Cap)

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P/E

12.00

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Industry P/E

NA

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Dividend Yield

0.00%

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Debt Equity

0.00

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Return on Equity

14.00%

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Price to Book

1.74