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Macatawa Bank Corp. (MCBC)
NASDAQ:MCBC
US Market
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Macatawa Bank (MCBC) Income Statement

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Macatawa Bank Income Statement

Last quarter (Q1 2024), Macatawa Bank's total revenue was $25.39M, a decrease of -6.47% from the same quarter last year. In Q1, Macatawa Bank's net income was $9.79M. See Macatawa Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 104.13M$ 105.89M$ 91.29M$ 81.81M$ 84.09M$ 81.83M
Credit Losses Provision
$ 550.00K$ 550.00K$ 1.13M$ 2.05M$ -3.00M$ 450.00K
Non Interest Expense
$ 26.18M$ 51.59M$ -48.23M$ -46.09M$ 44.30M$ 42.83M
Incomefrom Associatesand Other Participating Interests
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Special Income Charges
$ -1.63M$ -7.26M$ -5.86M$ -5.42M--
Pretax Income
$ 50.91M$ 53.75M$ 43.06M$ 35.72M$ 36.79M$ 39.44M
Tax Provision
$ 5.53M$ 10.52M$ 9.12M$ 7.46M$ 6.62M$ 7.46M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 41.56M$ 43.22M$ 32.48M$ 24.91M$ 30.16M$ 31.98M
Basic EPS
$ 1.20$ 1.26$ 1.01$ 0.85$ 0.88$ 0.94
Diluted EPS
$ 1.20$ 1.26$ 1.01$ 0.85$ 0.88$ 0.94
Basic Average Shares
$ 137.27M$ 34.30M$ 32.16M$ 29.31M$ 34.12M$ 34.06M
Diluted Average Shares
$ 137.27M$ 34.30M$ 32.16M$ 29.31M$ 34.12M$ 34.06M
Dividend Per Share
$ 0.34$ 0.33$ 0.32$ 0.32$ 0.32$ 0.28
Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 85.01M$ 86.90M$ 70.15M$ 56.07M$ 58.54M$ 63.94M
Net Income From Continuing And Discontinued Operation
$ 41.01M$ 43.22M$ 32.48M$ 24.91M$ 30.16M$ 31.98M
Normalized Income
$ 39.40M$ 25.02M--$ 30.18M$ 31.96M
Total Money Market Investments
----$ 968.00K$ 4.34M
Ebit
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Ebitda
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Currency in USD

Macatawa Bank Earnings and Revenue History

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