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Macatawa Bank financials data including stock price, CreditSafe score, income statement, balance sheet, and cash flow.
Stock Price
$14.8
2024-08-01
Market Capitalization
$509.2 M
2024-08-01
Revenue
$18.4 M
FY, 2023
CreditSafe Score
?
Score changed on Jun 11, 2026
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Learn moreFinancial Statements
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.9M | 15.6M | 64.8M | 63.2M | 17.8M | 19.1M | 17.4M | 17.5M | 19.7M | 24.0M | 23.7M | 20.0M | 18.4M |
| Revenue growth, % | -2.4% | -21.9% | 6.3% | ||||||||||
| Operating expense total | 7.8M | 8.0M | 8.6M | 9.1M | 8.8M | 8.8M | 8.9M | 9.1M | 10.0M | 9.7M | |||
| EBIT | 45.5M | 44.7M | |||||||||||
| EBIT margin, % | 70.3% | 70.8% | |||||||||||
| Interest expense | 14.5M | 9.8M | 7.3M | 5.6M | 5.3M | 5.0M | 5.7M | 9.4M | 12.5M | 5.7M | 2.6M | 4.8M | 26.4M |
| Pre tax profit | 5.8M | 16.9M | 13.8M | 15.0M | 18.4M | 22.2M | 27.0M | 32.4M | 39.4M | 36.8M | 35.7M | 43.1M | 53.7M |
| Income tax expense | (18.6M) | 4.3M | 4.6M | 5.6M | 6.2M | 10.7M | 6.0M | 7.5M | 6.6M | 6.7M | 8.3M | 10.5M | |
| Net Income | 5.8M | 35.5M | 9.5M | 10.5M | 12.8M | 16.0M | 16.3M | 26.4M | 32.0M | 30.2M | 29.0M | 34.7M | 43.2M |
| EPS | 1.0 |