Macatawa Bank Revenue, Profits - MCBC Quarterly Income Statement

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$12.03 $0 (0%) MCBC stock closing price Sep 19, 2018 (Closing)

Looking at financial statements, along with the Macatawa Bank stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $21.3M for 2018 Q2 impacts the MCBC stock. Investors typically check year over year or quarter over quarter revenue growth. Revenue for year 2018 Q2 is $21.3M and has increased from $20.15M 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. Also see Macatawa Bank assets and Macatawa Bank free cash flow for a complete valuation of MCBC stock.

View and download details of revenue and profits for Macatawa Bank for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Macatawa Bank Revenues or Net Sales
21.3M20.15M19.57M18.93M18.52M18.08M18.35M18.2M17.41M17.62M
Cost Of Goods Sold (COGS)1.32M---------
Macatawa Bank Gross Profit
19.99M19.15M18.74M18.19M17.96M17.59M17.92M17.76M16.97M17.15M
Research & Development Expense----------
Selling General & Admin Expense10.96M11.33M11.26M10.4M10.29M10.38M11.24M11.02M10.72M11.45M
Income Before Depreciation Depletion Amortization9.03M7.82M7.49M7.78M7.67M7.2M6.67M6.74M6.25M5.7M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense----------
Macatawa Bank Pretax Income
8.16M6.98M6.68M7.03M6.89M6.42M5.92M5.95M5.42M4.89M
Provision for Income Taxes1.43M1.22M4.5M2.15M2.12M1.96M1.81M1.35M1.67M1.4M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.73M5.76M2.19M4.88M4.76M4.46M4.11M4.6M3.75M3.5M
Extraordinary Items & Discontinued Operations----------
Macatawa Bank Profit/ Loss (Net Income)
6.73M5.76M2.19M4.88M4.76M4.46M4.11M4.6M3.75M3.5M
Average Shares used to compute Diluted EPS34.02M34.01M33.97M33.95M33.95M33.95M33.92M33.92M33.92M33.93M
Average Shares used to compute Basic EPS34.02M34.01M33.96M33.94M33.94M33.94M33.92M33.92M33.92M33.93M
Income Before Nonrecurring Items6.73M5.76M4.69M4.88M4.76M4.46M4.11M4.6M3.75M3.5M
Income from Nonrecurring Items---2.5M-------
Macatawa Bank Earnings Per Share Basic Net
0.200.170.060.140.140.130.120.140.110.10
Macatawa Bank Earnings Per Share Diluted Net
0.200.170.060.140.140.130.120.140.110.10
EPS Diluted Before Nonrecurring Items0.200.170.130.140.140.130.120.140.110.10
Preferred Dividends Acc Pd----------
Dividends Common2.042.041.70-------
Dividend Per Share Common0.060.060.050.050.040.040.030.030.030.03
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:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Macatawa Bank revenue chart, implies that the company is growing. It has been the case with Macatawa Bank. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • 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 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)
21.11
PS Ratio (price sales ratio)
5.12
Operating Margin
42.4
Net Profit Margin
31.6
Dividend Yield
1.83%