Analysts See $0.20 EPS for Macatawa Bank Corporation (MCBC) as of April, 25

Macatawa Bank Corporation (NASDAQ:MCBC) Corporate Logo
During Q4 2018 the big money sentiment decreased to 1.29. That’s change of 0.21, from 2018Q3’s 1.5. 4 investors sold all, 20 reduced holdings as Macatawa Bank Corporation ratio fall. 22 rose holdings while 9 funds acquired holdings. Funds hold 9.82 million shares thus 1.22% more from 2018Q3’s 9.70 million shares.
Elizabeth Park Advsrs Ltd reported 4.36% of its capital in Macatawa Bank Corporation (NASDAQ:MCBC). American Gp stated it has 0% in Macatawa Bank Corporation (NASDAQ:MCBC). Moreover, Morgan Stanley has 0% invested in Macatawa Bank Corporation (NASDAQ:MCBC) for 174,284 shs. Comml Bank Of Montreal Can holds 0% in Macatawa Bank Corporation (NASDAQ:MCBC) or 352 shs. Rhumbline Advisers holds 36,276 shs. Panagora Asset invested in 307,548 shs or 0.01% of the stock. Acadian Asset Management Lc stated it has 0.01% in Macatawa Bank Corporation (NASDAQ:MCBC). Chicago Equity Partners Ltd Limited Liability Company accumulated 45,855 shs. The United Kingdom-based Legal General Group Public Ltd Liability Corp has invested 0% in Macatawa Bank Corporation (NASDAQ:MCBC). Raymond James Assoc holds 0% of its capital in Macatawa Bank Corporation (NASDAQ:MCBC) for 16,010 shs. Century Cos Inc holds 0% or 51,204 shs. Barclays Public Limited Company reported 659 shs. Federated Investors Pa reported 321 shs or 0% of all its holdings. Plante Moran Advsr Ltd Liability stated it has 0.07% in Macatawa Bank Corporation (NASDAQ:MCBC). Millennium Ltd has invested 0% of its capital in Macatawa Bank Corporation (NASDAQ:MCBC).

Macatawa Bank Corporation registered $66,568 net activity with 1 buy and 3 insider sales since February 5, 2019. The insider Herr Robert L bought 150 shs worth $1,517.

Macatawa Bank Corporation (NASDAQ:MCBC)’s quarterly earnings will be reported on April, 25., RTT reports. This year’s earnings per share analyst estimate is expected to be $0.20. That is 17.65 % up compareed to $0.17 earnings per share for last year. If $0.20 is reported, MCBC’s profit will be $6.81 million for 12.58 P/E. Wall Street now sees -4.76 % negative EPS growth despite Macatawa Bank Corporation previous quarter’s EPS of $0.21. Ticker’s shares touched $10.06 during the last trading session after 0.69% change.Macatawa Bank Corporation has volume of 6,905 shares. Since April 2, 2018 MCBC has risen 8.17% and is uptrending. The stock outperformed the S&P500 by 3.80%.

Macatawa Bank Corporation operates as the bank holding firm for Macatawa Bank that provides commercial and personal banking services primarily in Western Michigan.The firm is valued at $342.38 million. The companyÂ’s deposit products include checking accounts, savings accounts and time deposits, transaction accounts, regular and money market savings accounts, and certificates of deposit.12.98 is the P/E ratio. The Company’s loan products portfolio comprises commercial and industrial loans offered to finance activities and equipment; commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans; retail loans that primarily consist of residential mortgage loans; and consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes.

For more Macatawa Bank Corporation (NASDAQ:MCBC) news posted recently go to: Globenewswire.com, Nasdaq.com, Globenewswire.com, Globenewswire.com or Nasdaq.com. The titles are as follows: “MCBC Holdings Announces Appointment of Jaclyn Baumgarten to its Board of Directors – GlobeNewswire” posted on October 26, 2018, “5 Top Stocks to Buy Ahead of the Fourth Quarter – Nasdaq” on September 28, 2018, “MasterCraft Completes Acquisition of Crest Nasdaq:MCFT – GlobeNewswire” with a publish date: October 01, 2018, “MasterCraft Continues X Series Wake Surf, Wakeboard Dominance With New X22 – GlobeNewswire” and the last “Validea Motley Fool Strategy Daily Upgrade Report – 3/6/2019 – Nasdaq” with publication date: March 06, 2019.

Macatawa Bank Corporation (NASDAQ:MCBC) Institutional Investors Chart

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