Macatawa Bank Annual Income Statement (NASDAQ:MCBC)

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$10.28 $0 (0%) MCBC stock closing price Feb 22, 2017 (Closing)

Financial analysis of Macatawa Bank involves more than just checking the Macatawa Bank stock price, by looking at the financial statements of the company in detail. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the MCBC income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $4.4M when compared to the same period in the past. Macatawa Bank revenue for 2016 is $71.57M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Macatawa Bank Net Sales or Revenues
71.57M67.17M63.2M64.76M72.9M75.67M94.02M112.57M134.21M155.47M
Cost Of Goods Sold (COGS)-2.21M2.57M3.99M5.72M9.27M17.29M30.8M41.31M58.95M
Macatawa Bank Gross Profit
-64.96M60.62M60.76M67.18M66.39M76.73M81.77M92.89M96.51M
Research & Development Expense----------
Selling General & Admin Expense-43.45M42.56M43.6M46.18M55.36M85.14M141.73M95.86M66M
Income Before Depreciation Depletion Amortization-21.51M18.06M17.16M21M11.03M-8.4M-59.95M-2.96M30.5M
Depreciation Depletion Amortization--------27.63M-
Non Operating Income----------
Interest Expense-3.09M3.02M3.34M4.09M5.2M8.14M12.28M16.62M17.5M
Macatawa Bank Pretax Income
-18.42M15.04M13.81M16.9M5.82M-16.55M-72.24M-47.22M13M
Provision for Income Taxes-5.62M4.57M4.27M-18.58M-1.3M-8.6M-8.37M3.73M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations15.95M12.79M10.47M9.54M35.49M5.82M-17.85M-63.64M-38.85M9.26M
Extraordinary Items & Discontinued Operations----------
Macatawa Bank Net Income (Profit/Loss)
15.95M12.79M10.47M9.54M35.49M5.82M-17.85M-63.64M-38.85M9.26M
Average Shares used to compute Diluted EPS33.92M33.87M33.78M27.16M27.09M22.74M17.68M17.45M16.95M17.14M
Average Shares used to compute Basic EPS33.92M33.87M33.78M27.16M27.09M22.74M17.68M17.45M16.95M17.14M
Income Before Nonrecurring Items15.95M12.79M10.47M9.55M16.59M5.83M-17.85M-59.99M-10.97M9.08M
Income from Nonrecurring Items----18.9M---3.65M-27.88M-
Macatawa Bank Earnings Per Share Basic Net
0.470.380.31-0.291.310.26-1.01-3.81-2.340.53
Macatawa Bank Earnings Per Share Diluted Net
0.470.380.31-0.291.310.26-1.01-3.81-2.340.53
EPS Diluted Before Nonrecurring Items0.470.380.31-0.290.610.26-1.01-3.60-0.690.53
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.120.110.08-----0.260.51
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Macatawa Bank stock analysis are:
  • Topline: A growing topline, as seen from the Macatawa Bank revenue chart, as is the case with Macatawa Bank indicates a growing business. One needs to compare the QoQ or YoY topline growth of MCBC stock with its peers like MOFG stock and FMNB stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MCBC stock had a healthy bottom line growth.
The income statement is also called statement of revenue and expense. The financials along with Macatawa Bank historical stock prices provides a lot of details about the firm. .

Macatawa Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
21.8720
PS ratio (
price sales ratio
)
4.8714
Net profit margin
22.4
Dividend yield
1.17%