Macatawa Bank Corp.

MCBC-Q

Analysis and Opinions about MCBC-Q

Signal
Opinion
Expert
BUY
BUY
April 3, 2017

As a dividend payer he likes it.

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As a dividend payer he likes it.

COMMENT
COMMENT
April 20, 2016

This bank is based in Holland Michigan. One of the beautiful things is that nonperforming loans have gone a way down, and are less than $1 million now. Thinks it still has quite a bit of upside. The share count on this bank has gone up about 3 times. Likes the dividend.

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This bank is based in Holland Michigan. One of the beautiful things is that nonperforming loans have gone a way down, and are less than $1 million now. Thinks it still has quite a bit of upside. The share count on this bank has gone up about 3 times. Likes the dividend.

COMMENT
COMMENT
March 1, 2016

Likes this bank, and thinks it can double from here. Started to pay a dividend and to increase it. Good capitalization ratios. There is a good chance of them increasing the dividend again. Has a long way to go upwards.

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Likes this bank, and thinks it can double from here. Started to pay a dividend and to increase it. Good capitalization ratios. There is a good chance of them increasing the dividend again. Has a long way to go upwards.

PAST TOP PICK
PAST TOP PICK
December 1, 2015

(A Top Pick Dec 23/14. Up 12.29%.) A regional bank out of Holland Michigan. He thinks it can double from here. They stopped paying a dividend in 2008 and started paying $.02 a quarter in 2014. They are now paying $.03 a quarter and he thinks it can go up from here.

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(A Top Pick Dec 23/14. Up 12.29%.) A regional bank out of Holland Michigan. He thinks it can double from here. They stopped paying a dividend in 2008 and started paying $.02 a quarter in 2014. They are now paying $.03 a quarter and he thinks it can go up from here.

COMMENT
COMMENT
October 27, 2015

Thinks the stock can double from here.

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Thinks the stock can double from here.

BUY
BUY
August 4, 2015

Still likes this bank. He bought it in 2012, and was part of his hypothesis on US banks i.e. if you choose the right ones, especially if their dividends were cut or eliminated, later on they would come back and would increase in price. Last year they re-established the dividend to $.02, and have since raised it to $.03 a quarter. Thinks it could double from here.

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Still likes this bank. He bought it in 2012, and was part of his hypothesis on US banks i.e. if you choose the right ones, especially if their dividends were cut or eliminated, later on they would come back and would increase in price. Last year they re-established the dividend to $.02, and have since raised it to $.03 a quarter. Thinks it could double from here.

PAST TOP PICK
PAST TOP PICK
July 17, 2015

(A Top Pick July 9/14. Up 13.8%.) A regional bank in Michigan and Michigan was on the definite outs, but is coming back somewhat. At the time he bought it, they didn’t pay a dividend but it does now. Good financial ratios. Insiders own a nice piece. He thinks this will keep on going up and can see it doubling from here.

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(A Top Pick July 9/14. Up 13.8%.) A regional bank in Michigan and Michigan was on the definite outs, but is coming back somewhat. At the time he bought it, they didn’t pay a dividend but it does now. Good financial ratios. Insiders own a nice piece. He thinks this will keep on going up and can see it doubling from here.

TOP PICK
TOP PICK
December 23, 2014

Regional bank. Thinks the dividend will continue to go up. The capitalization ratios are amongst the best they’ve ever had. He can see this as a $10 stock. Yield of 1.48%.

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Regional bank. Thinks the dividend will continue to go up. The capitalization ratios are amongst the best they’ve ever had. He can see this as a $10 stock. Yield of 1.48%.

PAST TOP PICK
PAST TOP PICK
November 17, 2014

(Top Pick Nov 11/13, Up 9.26%) Thinks it can double from here. Amongst the best capitalization ratios in their history.

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(Top Pick Nov 11/13, Up 9.26%) Thinks it can double from here. Amongst the best capitalization ratios in their history.

PAST TOP PICK
PAST TOP PICK
October 8, 2014

(A Top Pick Nov 11/13. Up 3.31%.) He can see it possibly doubling from here. Have just re-established a dividend this year. Once a company re-establishes a dividend, usually it does much better than the market for the next 2-3 years. Have some of the best capitalization ratios in their history. Thinks the dividend is going to be boosted up in the next 2-3 years. If this happens, the stock price should go up. He thinks this could double.

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(A Top Pick Nov 11/13. Up 3.31%.) He can see it possibly doubling from here. Have just re-established a dividend this year. Once a company re-establishes a dividend, usually it does much better than the market for the next 2-3 years. Have some of the best capitalization ratios in their history. Thinks the dividend is going to be boosted up in the next 2-3 years. If this happens, the stock price should go up. He thinks this could double.

TOP PICK
TOP PICK
July 9, 2014

This bank is based in Michigan. A few months ago, they re-instituted a dividend. A lot of the banks cut or eliminated their dividends. Financial and capitalization ratios are amongst the best in this company’s history. Balance sheet just looks better and better all the time. Yield of 1.63%.

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This bank is based in Michigan. A few months ago, they re-instituted a dividend. A lot of the banks cut or eliminated their dividends. Financial and capitalization ratios are amongst the best in this company’s history. Balance sheet just looks better and better all the time. Yield of 1.63%.

BUY
BUY
January 8, 2014

Likes this bank. Located in Michigan. Their financials have been improving over time. Thinks this has a 100% upside.

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Likes this bank. Located in Michigan. Their financials have been improving over time. Thinks this has a 100% upside.

TOP PICK
TOP PICK
November 11, 2013

Their capitalization rate is best in history. Non-performing loan rate is lowest since 2006. In Michigan. Doing a lovely turnaround. Hopefully will resume dividend in next year or two. Insiders own a lot.

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Their capitalization rate is best in history. Non-performing loan rate is lowest since 2006. In Michigan. Doing a lovely turnaround. Hopefully will resume dividend in next year or two. Insiders own a lot.

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Macatawa Bank Corp.(MCBC-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Macatawa Bank Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Macatawa Bank Corp.(MCBC-Q) Frequently Asked Questions

What is Macatawa Bank Corp. stock symbol?

Macatawa Bank Corp. is a American stock, trading under the symbol MCBC-Q on the NASDAQ (MCBC). It is usually referred to as NASDAQ:MCBC or MCBC-Q

Is Macatawa Bank Corp. a buy or a sell?

In the last year, there was no coverage of Macatawa Bank Corp. published on Stockchase.

Is Macatawa Bank Corp. a good investment or a top pick?

Macatawa Bank Corp. was recommended as a Top Pick by Benj Gallander on 2017-04-03. Read the latest stock experts ratings for Macatawa Bank Corp..

Why is Macatawa Bank Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Macatawa Bank Corp. worth watching?

In the last year, there was no coverage of Macatawa Bank Corp. published on Stockchase.

What is Macatawa Bank Corp. stock price?

On 2020-10-30, Macatawa Bank Corp. (MCBC-Q) stock closed at a price of $7.19.