Macatawa Bank Corporation Stock Downgraded (MCBC)
- Net operating cash flow has significantly decreased to -$2.97 million or 119.19% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. When compared to other companies in the Commercial Banks industry and the overall market, MACATAWA BANK CORP's return on equity is below that of both the industry average and the S&P 500.
- The revenue fell significantly faster than the industry average of 24.9%. Since the same quarter one year prior, revenues fell by 15.1%. Weakness in the company's revenue seems to not be hurting the bottom line, shown by stable earnings per share.
- The gross profit margin for MACATAWA BANK CORP is currently very high, coming in at 88.60%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of 5.60% trails the industry average.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV