Macatawa Bank Cp: (NASD: MCBC)

$5.12

-0.08 (-1.54%)

Volume 24,019

Jun 19 03:59 PM ET

Zacks Rank: 2-Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		5.08 - 5.21
	
		52wk Low - High
		2.80 - 6.10
	
		Previous Close
		5.20
	
		Avg. Volume
		54,269
	
		Industry
		BANKS-MIDWEST
	
		Market Cap
		141.72 M
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		2.49
	
		P/E (F1)
		15.76
	
		Current Year Est.
		0.33
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		2
Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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		61 out of 265
	
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                Key Earnings Data
            
                            P/E (F1)
                            15.76
                        
                            PEG Ratio
                            3.94
                        
                            Current Year Est.
                            0.33
                        
                            Current Quarter Estimate
                            0.08
                        
                            Most Accurate Estimate
                            0.08
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            07-25-2013
                        
                            EPS Last Year
                            0.53
                        
                            Expected Earnings Growth
                            4.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Macatawa Bank Corporation is a bank holding company. The company provides a full range of commercial and consumer banking services primarily in the communities of Holland and Zeeland, Michigan, as well as the surrounding  market area principally located in Ottawa County. The company's services  include checking and savings accounts, safe deposit boxes, travelers checks, money orders, trust services and commercial, mortgage and consumer loans.   
Full MCBC Company Report

        
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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
MCBC Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.08	0.08	0.33	0.20
Number of Estimates	1	1	1	1
Low Estimate	0.08	0.08	0.33	0.20
High Estimate	0.08	0.08	0.33	NA
Year Ago EPS	0.12	0.24	0.61	0.33
EPS Growth	-33.33%	-66.67%	-45.90%	-39.39%

More MCBC Estimates

Average Earnings Estimates for MCBC

EPS Growth for MCBC

Industry Analysis

Name	Symbol	Previous Close
MACATAWA BANK	MCBC	5.20
ENTERPRISE FINL	EFSC	15.74
FIRST BUS FINL	FBIZ	28.72
FIRST INTST MT	FIBK	20.26
OLD SECOND BCP	OSBC	5.45
TOWER FINANCIAL	TOFC	14.40
CHEMICAL FINL	CHFC	26.22
FIRST BUSEY-A	BUSE	4.43
FIRSTMERIT CORP	FMER	19.56
HEARTLAND FINCL	HTLF	27.96

Sector:Finance>> Industry:BANKS-MIDWEST

COMPARE TICKER vs. Its Peers

Zacks Commentary

U.S. Banks Stock Outlook - December 2012

Dec 18, 2012

U.S. Banks Stock Outlook - Dec 2012

Dec, 18 2012 00:00

U.S. Banks Stock Outlook - Dec 2012

Dec, 18 2012 00:00

Report Not Available

More MCBC Zacks Commentary

Financials

EPS TTM	0.53
Sales	73
Net Income	33
Price/Earnings	9.81
Price/Book	1.41
Price/Cash Flow	7.20
Price/Sales	1.98

More MCBC Financials

News

Macatawa Bank Makes a Move: Down 2.3% - Financial News Network Online - Market Movers

Jun 19, 2013

Synovus Financial Ranks the Lowest in Terms of P/E Ratio in the Regional Banks Industry (SNV, MCBC, CPF) - Financial News Network Online - News Corner

Jun 17, 2013

Shares of Macatawa Bank Under Pressure, Down 2.0% - Financial News Network Online - Market Movers

May 29, 2013

Synovus Financial Ranks the Highest in Terms of Earnings Yield in the Regional Banks Industry (SNV, MCBC, CSE) - Financial News Network Online - News Corner

May 24, 2013

Buyers Accumulate Shares of Macatawa Bank, Up 2.3% - Financial News Network Online - Market Movers

May 22, 2013

Stock Investors Bid Up Shares of Macatawa Bank, Up 2.0% - Financial News Network Online - Market Movers

May 14, 2013

Macatawa Bank Q1 net income decreases - Datamonitor

May 10, 2013

Shares of Macatawa Bank Under Pressure, Down 5.6% - Financial News Network Online - Market Movers

May 7, 2013

See All News Stories on MCBC

Broker Recommendations

Current ABR	4.00
ABR (Last Week)	4.00
# of recs in ABR	1
Average Target Price	2.50
Industry Rank by ABR	61 out of 265
Rank in Industry	5 out of 36

More MCBC Broker Recommendations

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Macatawa Bank Cp: (NASD: MCBC)

$5.12

-0.08 (-1.54%)

Volume 24,019

Jun 19 03:59 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks #1 Rank Strong Buys

Zacks Recommendation Long-Term: 6+ Months

All Outperform Rated Stocks

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Finance>> Industry:BANKS-MIDWEST

Zacks Commentary

U.S. Banks Stock Outlook - December 2012

U.S. Banks Stock Outlook - Dec 2012

U.S. Banks Stock Outlook - Dec 2012

Report Not Available

Financials

News

Macatawa Bank Makes a Move: Down 2.3% - Financial News Network Online - Market Movers

Synovus Financial Ranks the Lowest in Terms of P/E Ratio in the Regional Banks Industry (SNV, MCBC, CPF) - Financial News Network Online - News Corner

Shares of Macatawa Bank Under Pressure, Down 2.0% - Financial News Network Online - Market Movers

Synovus Financial Ranks the Highest in Terms of Earnings Yield in the Regional Banks Industry (SNV, MCBC, CSE) - Financial News Network Online - News Corner

Buyers Accumulate Shares of Macatawa Bank, Up 2.3% - Financial News Network Online - Market Movers

Stock Investors Bid Up Shares of Macatawa Bank, Up 2.0% - Financial News Network Online - Market Movers

Macatawa Bank Q1 net income decreases - Datamonitor

Shares of Macatawa Bank Under Pressure, Down 5.6% - Financial News Network Online - Market Movers

Broker Recommendations

Day Low - High	5.08 - 5.21
52wk Low - High	2.80 - 6.10
Previous Close	5.20
Avg. Volume	54,269
Industry	BANKS-MIDWEST
Market Cap	141.72 M
Div - Yield	0.00 - 0.00
Beta	2.49
P/E (F1)	15.76
Current Year Est.	0.33
Quarterly Earnings ESP	0.00%

P/E (F1)	15.76
PEG Ratio	3.94
Current Year Est.	0.33
Current Quarter Estimate	0.08
Most Accurate Estimate	0.08
Earnings ESP	0.00%
Next Earnings Report Date	07-25-2013
EPS Last Year	0.53
Expected Earnings Growth	4.00%