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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	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	33.74M	34.32M	29.79M	25.36M	26.76M	13.67M	24.25M	19.57M	17.26M	18.17M	19.55M	20.24M	20.65M	23.59M	20.4M	20.9M	19.88M	20.76M	20.7M	20.72M	20.35M	20.03M	19.27M	18.75M	17.58M	17.93M	17.3M	17.16M	16.59M	17.15M	16.53M	15.58M	16.02M
Cost of Revenue	4.66M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	403K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross Profit	29.08M	34.32M	29.79M	25.36M	26.76M	13.67M	24.25M	19.57M	17.26M	17.77M	19.55M	20.24M	20.65M	23.59M	20.4M	20.9M	19.88M	20.76M	20.7M	20.72M	20.35M	20.03M	19.27M	18.75M	17.58M	17.93M	17.3M	17.16M	16.59M	17.15M	16.53M	15.58M	16.02M
Operating Income	12.14M	-46.64M	14.22M	12.79M	19.63M	17.66M	13.64M	8.26M	7.87M	8.09M	9.48M	10.38M	10.33M	11.71M	9.88M	10.86M	10.03M	12.88M	13.28M	13.2M	12.53M	11.65M	10.95M	10.35M	8.82M	8.32M	8.52M	8.23M	7.69M	7.11M	7.17M	6.69M	6.17M
Interest Income	29.08M	29.64M	4.62M	27.12M	27.27M	25.45M	20.88M	15.44M	13.14M	13.33M	14.84M	15.18M	15.27M	17.4M	15.82M	16.51M	17.49M	18.43M	19.08M	19.24M	19.19M	18.5M	17.69M	16.84M	16.02M	15.16M	14.63M	14.04M	13.85M	13.5M	13.12M	12.87M	13.01M
Pretax Income	12.14M	11.76M	14.22M	12.79M	14.98M	15.08M	12.53M	8.06M	7.39M	7.58M	8.94M	9.66M	9.54M	10.82M	8.73M	9.4M	7.84M	10.12M	10.04M	9.92M	9.36M	8.79M	8.42M	8.16M	6.98M	6.67M	7.03M	6.89M	6.43M	5.91M	5.95M	5.42M	4.89M
Net Income	9.79M	9.49M	11.41M	10.31M	12M	12.12M	10.04M	6.57M	6M	6.22M	7.2M	7.82M	7.78M	9M	7.12M	7.64M	6.41M	8.17M	8.16M	8M	7.65M	7.04M	6.85M	6.73M	5.75M	2.19M	4.88M	4.76M	4.46M	4.11M	4.6M	3.75M	3.5M
Selling & General & Admin	7.61M	8.74M	225K	7.5M	8.32M	4.63M	8.15M	6.92M	7.68M	6.24M	7.61M	7.8M	7.78M	6.79M	7.71M	5.84M	7.79M	5.78M	7.34M	7.59M	6.36M	6.39M	7.57M	7.66M	7.36M	6.58M	7.34M	7.36M	7.16M	6.49M	7.48M	7.48M	7.5M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	-4.23M	-3.83M	-3.77M	-3.67M	-3.3M	23.48M	-3.48M	-3.45M	-17.07M	-3.32M	-3.27M	-3.24M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	4.23M	3.83M	225K	205K	219K	608K	196K	11.91M	-9.39M	-23.19M	175K	175K	175K	-22.48M	239K	239K	238K	-22.36M	228K	233K	228K	-22.59M	228K	229K	229K	21.87M	226K	225K	227K	22.47M	275K	275K	275K
Interest Expense	8.35M	160K	7.54M	5.97M	4.65M	2.59M	1.1M	592K	478K	508K	546K	727K	784K	888K	1.15M	1.46M	2.19M	2.76M	3.24M	3.28M	3.17M	2.87M	2.52M	2.18M	1.84M	1.64M	1.49M	1.34M	1.26M	1.2M	1.22M	1.26M	1.27M
Selling & Marketing Expenses	211K	155K	225K	205K	219K	217K	196K	195K	195K	198K	175K	175K	175K	175K	239K	239K	238K	230K	228K	233K	228K	196K	228K	229K	229K	204K	226K	225K	227K	175K	275K	275K	275K
Cost & Expenses	21.53M	22.56M	225K	205K	219K	608K	196K	11.91M	-9.39M	-22.78M	175K	175K	175K	-22.48M	239K	239K	238K	-22.36M	228K	233K	228K	-22.59M	228K	229K	229K	21.87M	226K	225K	227K	22.47M	275K	275K	275K
Income Tax Expense	2.35M	2.27M	2.81M	2.47M	2.98M	2.96M	2.49M	1.49M	1.39M	1.37M	1.74M	1.84M	1.77M	1.82M	1.61M	1.76M	1.43M	1.95M	1.88M	1.92M	1.71M	1.74M	1.57M	1.43M	1.23M	4.48M	2.16M	2.13M	1.97M	1.8M	1.35M	1.68M	1.4M
Shares Outstanding (Basic)	34.36M	34.33M	34.29M	34.29M	34.3M	34.28M	34.25M	34.25M	34.25M	34.23M	34.19M	34.19M	34.2M	34.15M	34.11M	34.11M	34.11M	34.08M	34.06M	34.04M	34.04M	34.03M	34.01M	34.02M	34.01M	33.96M	33.94M	33.94M	33.94M	33.92M	33.92M	33.92M	33.93M
Shares Outstanding (Diluted)	34.36M	34.33M	34.29M	34.29M	34.3M	34.28M	34.25M	34.25M	34.25M	34.23M	34.19M	34.19M	34.2M	34.15M	34.11M	34.11M	34.11M	34.08M	34.06M	34.04M	34.04M	34.03M	34.01M	34.02M	34.01M	33.97M	33.95M	33.95M	33.95M	33.92M	33.92M	33.92M	33.93M
EPS (Basic)	0.28	0.28	0.33	0.30	0.35	0.35	0.29	0.19	0.18	0.18	0.21	0.23	0.23	0.26	0.21	0.22	0.19	0.24	0.24	0.24	0.22	0.21	0.20	0.20	0.17	0.06	0.14	0.14	0.13	0.12	0.14	0.11	0.10
EPS (Diluted)	0.28	0.28	0.33	0.30	0.35	0.35	0.29	0.19	0.18	0.18	0.21	0.23	0.23	0.26	0.21	0.22	0.19	0.24	0.24	0.24	0.22	0.21	0.20	0.20	0.17	0.06	0.14	0.14	0.13	0.12	0.14	0.11	0.10
EBITDA	12.14M	19.69M	14.22M	12.79M	19.79M	17.73M	13.93M	-197K	8.61M	8.95M	10.2M	11.03M	10.83M	12.22M	10.53M	11.59M	10.75M	13.42M	13.63M	13.9M	13.16M	12.32M	11.58M	11.07M	9.35M	9.17M	8.98M	8.66M	8.23M	7.77M	7.92M	7.43M	6.82M
EBIT	20.49M	-34.72M	21.76M	18.76M	34.94M	32.95M	26.37M	16.91M	15.44M	15.89M	18.63M	30.45M	10.33M	11.71M	9.88M	10.86M	10.03M	12.88M	13.28M	13.2M	12.53M	11.65M	10.95M	10.35M	8.82M	8.32M	8.52M	8.23M	7.69M	7.11M	7.17M	6.69M	6.17M
Depreciation & Amortization	477K	1.83M	24K	82K	160K	807K	289K	467K	737K	637K	720K	645K	498K	516K	648K	736K	721K	537K	347K	696K	632K	668K	637K	723K	534K	850K	462K	436K	537K	656K	746K	744K	659K