Macatawa Bank Annual Income Statement (NASDAQ:MCBC)

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$9.44 $0.15 (1.56%) MCBC stock closing price Dec 02, 2016 (Closing)

Fundamental analysis of MCBC stock involves analyzing its financial statements, apart from checking the Macatawa Bank stock price In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. 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 $3.97M when compared to the same period in the past. 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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Annual
Quarterly
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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
67.17M63.2M64.76M72.9M75.67M94.02M112.57M134.21M155.47M147.68M
Cost Of Goods Sold (COGS)2.21M2.57M3.99M5.72M9.27M17.29M30.8M41.31M58.95M53.59M
Macatawa Bank Gross Profit
64.96M60.62M60.76M67.18M66.39M76.73M81.77M92.89M96.51M94.08M
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
18.42M15.04M13.81M16.9M5.82M-16.55M-72.24M-47.22M13M28.96M
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)
12.79M10.47M9.54M35.49M5.82M-17.85M-63.64M-38.85M9.26M19.83M
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
0.380.31-0.291.310.26-1.01-3.81-2.340.531.34
Macatawa Bank Earnings Per Share Diluted Net
0.380.31-0.291.310.26-1.01-3.81-2.340.531.31
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.
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Before investing one should read a report on Macatawa Bank stock analysis. It helps to look at the following income statement items:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Macatawa Bank revenue chart) implies that the company is growing, which has been the case with Macatawa Bank. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $67.17M - other expenses = $12.79M for MCBC stock. An improving bottomline implies that the company is growing profits.
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)
20.9780
PS ratio (
price sales ratio
)
4.5458
Operating margin
37
Net profit margin
25.3
Dividend yield
1.27%