Macatawa Bank Revenue, Profits - MCBC Annual Income Statement

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$9.87 $0.03 (0.3%) MCBC stock closing price Sep 22, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Macatawa Bank stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. 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 YoY growth of $4.4M. One also needs to look at Macatawa Bank assets, operating expenses and Macatawa Bank free cash flow. The Macatawa Bank profit and loss statement shows revenue of $71.57M for 2016. Revenue has grown by $4.4M YoY for MCBC stock. Macatawa Bank revenue for 2016 is 71.57M. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Macatawa Bank Net Sales or Revenues
71.57M67.17M63.2M64.76M72.9M75.67M94.02M112.57M134.21M155.47M
Cost Of Goods Sold (COGS)1.77M2.21M2.57M3.99M5.72M9.27M17.29M30.8M41.31M58.95M
Macatawa Bank Gross Profit
69.8M64.96M60.62M60.76M67.18M66.39M76.73M81.77M92.89M96.51M
Research & Development Expense----------
Selling General & Admin Expense44.43M43.45M42.56M43.6M46.18M55.36M85.14M141.73M95.86M66M
Income Before Depreciation Depletion Amortization25.36M21.51M18.06M17.16M21M11.03M-8.4M-59.95M-2.96M30.5M
Depreciation Depletion Amortization--------27.63M-
Non Operating Income----------
Interest Expense3.18M3.09M3.02M3.34M4.09M5.2M8.14M12.28M16.62M17.5M
Macatawa Bank Pretax Income
22.18M18.42M15.04M13.81M16.9M5.82M-16.55M-72.24M-47.22M13M
Provision for Income Taxes6.23M5.62M4.57M4.27M-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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Macatawa Bank stock analysis involves checking at least a few of the important things like:
  • 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 or sales are declining.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $15.95M for Macatawa Bank for 2016. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called statement of revenue and expense. The MCBC financials along with Macatawa Bank historical stock prices provide a lot of details about the firm .

Macatawa Bank Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
18.57
PS Ratio (price sales ratio)
4.57
Operating Margin
41.4
Net Profit Margin
25.7
Dividend Yield
1.42%