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    Macatawa Bank Corporation

    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.

    undefined peaked at n/a in undefined and hit its lowest at n/a in undefined. Over the past five years, it has declined by undefined%.

    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

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