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Macatawa Bank Corporation operates as the holding company for Macatawa Bank that provides commercial and personal banking services in western Michigan. Its deposit products include business and consumer checking accounts, regular and money market savings accounts, and certificates of deposit.View MCBC key stats
Macatawa Bank Corp - MCBC - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Macatawa Bank Corp as a
Hold with a ratings score of C.
Report Snippet: We rate MACATAWA BANK CORP (MCBC) a HOLD. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a decline in the stock price during the past year.