Macatawa Bank Corporation (MCBC)
NASDAQ: MCBC
· Real-Time Price · USD
14.82
-0.13 (-0.87%)
At close: Jul 31, 2024, 10:00 PM
Macatawa Bank Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | FY 2023 | FY 2022 | FY 2021 |
| Period Ending | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
Revenue | 132.25M | 13.67M | 79.76M |
Cost of Revenue | 113.81M | n/a | n/a |
Gross Profit | 18.44M | 13.67M | 79.76M |
Operating Income | 53.75M | 47.82M | 35.72M |
Interest Income | 113.81M | 74.91M | 58.63M |
Pretax Income | 53.75M | 43.06M | 35.72M |
Net Income | 43.22M | 34.73M | 29.01M |
Selling & General & Admin | 31.23M | 28.3M | 27.14M |
Research & Development | n/a | n/a | n/a |
Other Expenses | -14.56M | -13.82M | -70M |
Operating Expenses | 14.56M | 803K | -44.04M |
Interest Expense | 634K | 4.76M | 2.56M |
Selling & Marketing Expenses | 803K | 803K | 723K |
Cost & Expenses | 78.5M | 803K | -44.04M |
Income Tax Expense | 10.52M | 8.33M | 6.71M |
Shares Outstanding (Basic) | 34.36M | 34.26M | 34.2M |
Shares Outstanding (Diluted) | 34.36M | 34.26M | 34.2M |
EPS (Basic) | 1.26 | 1.01 | 0.85 |
EPS (Diluted) | 1.26 | 1.01 | 0.85 |
EBITDA | 53.75M | 49.38M | 38.45M |
EBIT | 54.38M | 91.68M | 38.29M |
Depreciation & Amortization | 2.1M | 2.3M | 2.5M |