Macatawa Bank Annual Income Statement (NASDAQ:MCBC)

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$7.98 $0.03 (0.37%) MCBC stock closing price Oct 21, 2016 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Macatawa Bank stock price alone is not sufficient. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement for MCBC which implies a YoY revenue growth of $3.97M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. The Macatawa Bank profit and loss statement for 2015 shows a profit of $12.79M. Profits have grown from $10.47M YoY. Apart from this an investor should also check Macatawa Bank assets and Macatawa Bank free cash flow. Macatawa Bank revenue for 2015 is $67.17M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Macatawa Bank Net Sales or Revenues
Cost Of Goods Sold (COGS)2.21M2.57M3.99M5.72M9.27M17.29M30.8M41.31M58.95M53.59M
Macatawa Bank Gross Profit
Research & Development Expense----------
Selling General & Admin Expense43.45M42.56M43.6M46.18M55.36M85.14M141.73M95.86M66M52.62M
Income Before Depreciation Depletion Amortization21.51M18.06M17.16M21M11.03M-8.4M-59.95M-2.96M30.5M41.45M
Depreciation Depletion Amortization-------27.63M--
Non Operating Income----------
Interest Expense3.09M3.02M3.34M4.09M5.2M8.14M12.28M16.62M17.5M12.49M
Macatawa Bank Pretax Income
Provision for Income Taxes5.62M4.57M4.27M-18.58M-1.3M-8.6M-8.37M3.73M9.13M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations12.79M10.47M9.54M35.49M5.82M-17.85M-63.64M-38.85M9.26M19.83M
Extraordinary Items & Discontinued Operations----------
Macatawa Bank Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS33.87M33.78M27.16M27.09M22.74M17.68M17.45M16.95M17.14M17.04M
Average Shares used to compute Basic EPS33.87M33.78M27.16M27.09M22.74M17.68M17.45M16.95M17.14M17.04M
Income Before Nonrecurring Items12.79M10.47M9.55M16.59M5.83M-17.85M-59.99M-10.97M9.08M22.89M
Income from Nonrecurring Items---18.9M---3.65M-27.88M--
Macatawa Bank Earnings Per Share Basic Net
Macatawa Bank Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.380.31-0.290.610.26-1.01-3.60-0.690.531.31
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.110.08-----0.260.510.42
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Macatawa Bank stock analysis. It helps to look at the following income statement items:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that MCBC stock has a topline or revenue of $67.17M for 2015 as per this Macatawa Bank revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: Most businesses like Macatawa Bank try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
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)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield