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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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	132.25M	13.67M	79.76M	85.51M	83.22M	77.13M	69.36M	66.61M
Cost of Revenue	113.81M	n/a	n/a	n/a	n/a	1.2M	n/a	n/a
Gross Profit	18.44M	13.67M	79.76M	85.51M	83.22M	75.93M	69.36M	66.61M
Operating Income	53.75M	47.82M	35.72M	36.79M	39.44M	41.76M	32.76M	27.14M
Interest Income	113.81M	74.91M	58.63M	67.22M	75.94M	69.04M	57.68M	52.5M
Pretax Income	53.75M	43.06M	35.72M	36.79M	39.44M	32.35M	27.02M	22.18M
Net Income	43.22M	34.73M	29.01M	30.16M	31.98M	26.38M	16.29M	15.95M
Selling & General & Admin	31.23M	28.3M	25.96M	25.93M	24.92M	25.73M	25.34M	25.64M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	-14.56M	-13.82M	-70M	-74.66M	-68.69M	-64.2M	-61.95M	-65.12M
Operating Expenses	14.56M	803K	-44.04M	-48.73M	-43.77M	-34.17M	-36.61M	-39.47M
Interest Expense	634K	4.76M	2.56M	5.69M	12.46M	9.41M	5.73M	4.96M
Selling & Marketing Expenses	803K	803K	723K	891K	919K	881K	882K	1M
Cost & Expenses	78.5M	803K	-44.04M	-48.73M	-43.77M	-34.17M	-36.61M	-39.47M
Income Tax Expense	10.52M	8.33M	6.71M	6.62M	7.46M	5.97M	10.73M	6.23M
Shares Outstanding (Basic)	34.36M	34.26M	34.2M	34.12M	34.06M	34.02M	33.95M	33.92M
Shares Outstanding (Diluted)	34.36M	34.26M	34.2M	34.12M	34.06M	34.02M	33.95M	33.92M
EPS (Basic)	1.26	1.01	0.85	0.88	0.94	0.78	0.48	0.47
EPS (Diluted)	1.26	1.01	0.85	0.88	0.94	0.78	0.48	0.47
EBITDA	53.75M	49.38M	38.45M	39.41M	41.65M	44.32M	35.04M	29.95M
EBIT	54.38M	91.68M	38.29M	42.48M	51.9M	74.7M	32.76M	51.11M
Depreciation & Amortization	2.1M	2.3M	2.5M	2.44M	2.49M	2.49M	2.61M	2.81M