Macatawa Bank (Macatawa Bank) GF Value

: $11.47 (As of Today)

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The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
GuruFocus adjustment factor based on the company’s past returns and growth.
Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-04-23), Macatawa Bank's share price is $14.27. Macatawa Bank's GF Value is $11.47. Therefore, Macatawa Bank's Price-to-GF-Value for today is 1.24.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Macatawa Bank is Modestly Overvalued.

Macatawa Bank (NAS:MCBC) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations	All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)	Predictable Companies that possibly be Value Traps
Significantly Overvalued	Predictable Companies which are Significantly Overvalued
Modestly Overvalued	Predictable Companies which are Modestly Overvalued
Fairly Valued	Predictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)	Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)	Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Macatawa Bank's Price-to-GF-Value for today is calculated as

Price-to-GF-Value	=	Share Price	/	GF Value
	=	14.27	/	11.47
	=	1.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Macatawa Bank GF Value Related Terms

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Macatawa Bank (Macatawa Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Macatawa Bank Corp (NAS:MCBC) » Definitions » GF Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

10753 Macatawa Drive, Holland, MI, USA, 49424

Website

https://www.macatawabank.com

Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.

Executives

Thomas P Rosenbach	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Nicole S Dandridge	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Timothy J. Doyle	officer: Chief Commercial Banking Ofcr.	10753 MACATAWA DRIVE, HOLLAND MI 49424
Robert L Herr	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Charles A. Geenen	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Jill A Walcott	officer: Senior V.P. Retail Banking	10753 MACATAWA DRIVE, HOLLAND MI 49424
Matthew D Hoeksema	officer: Senior Vice President	10753 MACATAWA DRIVE, HOLLAND MI 49424
Mark Bugge	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Le Roy Michael K.	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Ronald L Haan	director, officer: CEO and President	10753 MACATAWA DRIVE, HOLLAND MI 49424
Richard L Postma	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
White Bay Capital, Lllp	10 percent owner	3133 ORCHARD VISTA DRIVE, GRAND RAPIDS MI 49546
Wayne J. Elhart	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Arend D Lubbers	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Douglas B Padnos	director	10753 MACATAWA DRIVE, HOLLAND MI 49424