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Macatawa Bank (Macatawa Bank) Profitability Rank

: 7 (As of Dec. 2023)
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Macatawa Bank has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Macatawa Bank's Operating Margin % for the quarter that ended in Dec. 2023 was 0.00%. As of today, Macatawa Bank's Piotroski F-Score is 7.


Competitive Comparison

For the Banks - Regional subindustry, Macatawa Bank's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macatawa Bank Profitability Rank Distribution

For the Banks industry and Financial Services sector, Macatawa Bank's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Macatawa Bank's Profitability Rank falls into.



Macatawa Bank Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Macatawa Bank has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Macatawa Bank's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 25.704
=0.00 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Macatawa Bank has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Macatawa Bank Profitability Rank Related Terms

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Macatawa Bank (Macatawa Bank) Business Description

Traded in Other Exchanges
N/A
Address
10753 Macatawa Drive, Holland, MI, USA, 49424
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

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