Macatawa Bank Income Statement - Quarterly (NASDAQ:MCBC)

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$9.62 $0.02 (0.21%) MCBC stock closing price Dec 06, 2016 (Closing)

Fundamental analysis of MCBC stock involves analyzing its financial statements, apart from checking the Macatawa Bank stock price The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the MCBC stock is bound to reflect the impact of the QoQ growth of $0.79M. 2016-Q3 revenue is $18.2M and has increased from $17.41M quarter on quarter as is evident when you compare the latest figures in the latest Macatawa Bank profit and loss statement with those of the prior corresponding period. (See also:Macatawa Bank assets and Macatawa Bank free cash flow) View details of revenue and profits for Macatawa Bank for latest & last 40 quarters.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Macatawa Bank Net Sales or Revenues
18.2M17.41M17.62M17.21M16.91M16.75M16.31M16.15M15.98M15.6M
Cost Of Goods Sold (COGS)0.43M0.43M0.46M0.47M0.52M0.61M0.61M0.6M0.61M0.62M
Macatawa Bank Gross Profit
17.76M16.97M17.15M16.75M16.39M16.14M15.68M15.55M15.36M14.97M
Research & Development Expense----------
Selling General & Admin Expense11.02M10.72M11.45M10.87M11M10.72M10.86M11.54M10.63M10.23M
Income Before Depreciation Depletion Amortization6.74M6.25M5.7M5.9M5.38M5.41M4.82M4.04M4.72M4.73M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense0.78M0.82M0.8M0.79M0.78M0.78M0.74M0.77M0.75M0.75M
Macatawa Bank Pretax Income
5.95M5.42M4.89M5.11M4.6M4.63M4.08M3.29M3.96M3.98M
Provision for Income Taxes1.35M1.67M1.4M1.56M1.4M1.42M1.24M0.97M1.2M1.23M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.6M3.75M3.5M3.54M3.2M3.22M2.84M2.32M2.76M2.76M
Extraordinary Items & Discontinued Operations----------
Macatawa Bank Net Income (Profit/Loss)
4.6M3.75M3.5M3.54M3.2M3.22M2.84M2.32M2.76M2.76M
Average Shares used to compute Diluted EPS33.92M33.92M33.93M33.89M33.87M33.87M33.87M33.1M34.53M33.79M
Average Shares used to compute Basic EPS33.92M33.92M33.93M33.89M33.87M33.87M33.87M33.1M34.53M33.79M
Income Before Nonrecurring Items4.6M3.75M3.5M3.54M3.2M3.22M2.84M2.32M2.76M2.76M
Income from Nonrecurring Items----------
Macatawa Bank Earnings Per Share Basic Net
0.140.110.100.100.090.090.080.070.080.08
Macatawa Bank Earnings Per Share Diluted Net
0.140.110.100.100.090.090.080.070.080.08
EPS Diluted Before Nonrecurring Items0.140.110.100.100.090.090.080.070.080.08
Preferred Dividends Acc Pd----------
Dividends Common1.021.02--------
Dividend Per Share Common0.030.030.030.030.030.030.020.020.020.02
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:
  • 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 $18.2M for 2016-Q3 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 the profit and loss statement. Apart from the income statement, one can check the Macatawa Bank historical stock prices to check how the price has moved with time. .

Macatawa Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
21.3780
PS ratio (
price sales ratio
)
4.6325
Operating margin
37
Net profit margin
25.3
Dividend yield
1.25%