How to Buy Macatawa Bank Stock
Macatawa Bank Corp
Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services.
Macatawa Bank stock last closed at $14.24, down 0.63% from the previous day, and has increased 52.63% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.34 percentage points. Macatawa Bank stock is currently +71.36% from its 52-week low of $8.31, and -1.45% from its 52-week high of $14.45.
There are currently 34.36M shares of MCBC outstanding. The market value of MCBC is $489.31M. In the last 24 hours, 121,126 MCBC shares were traded.
How to Buy Macatawa Bank Stock
Not sure how to invest in Macatawa Bank stock? Here's how.
- Figure out where to buy Macatawa Bank stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Macatawa Bank stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Analyze Macatawa Bank stock: The Macatawa Bank ticker symbol is MCBC. Is Macatawa Bank stock a good investment? Should you buy shares of MCBC? How do MCBC's underlying business fundamentals look? Do top analysts think Macatawa Bank is a good buy? Why has MCBC's stock price moved recently? (Hint: Our stock research tools can help you understand if MCBC is a good stock to buy).
- Make your MCBC trade: Decide if you will purchase MCBC shares at the current market price or use a limit order to purchase MCBC stock at a given price.
- Get notifications regarding your MCBC investment: Create a watchlist to important notifications about your new investment in Macatawa Bank stock.
Step 1: Figure out where to buy Macatawa Bank stock
You will need an online brokerage account to access the NASDAQ market and buy MCBC stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to buy MCBC stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on app for stock, you need to deposit funds:
Watch this video walkthrough for more details transferring funds into your new investment account.
Step 4: Analyze Macatawa Bank stock
Once you have identified the best place to buy Macatawa Bank stock, it's crucial to analyze their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Macatawa Bank Metrics
Fundamentals of Macatawa Bank
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MCBC's stock page.
What is the fair value of MCBC stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MCBC's true value.
Using relative valuations methods:
- MCBC could be undervalued based on its P/E ratio of 11.87x, relative to Banks - Regional industry P/E ratio of -9.61x
- MCBC could be overvalued based on its P/B ratio of 1.67x, relative to Banks - Regional industry P/B ratio of 0.99x
- MCBC may be overvalued based on its PEG ratio of 2.13x
You can access more valuation research on MCBC's stock here.
A look at MCBC Cashflows and Balance Sheet
Positive Financial Indicators:
- Total MCBC debt is lower than 5 years ago, relative to shareholder equity.
- MCBC earnings of $50.91M is not sufficient to cover its interest payments.
- MCBC's operating cash flow of $41.19M allows it to safely service it's debt of $20.00M.
Negative Financial Indicators:
- MCBC has a relatively high debt to equity ratio of 7.93.
- MCBC profit margin has gone down from 41% to 39.6% in the past year.
You can dig deeper into what analysts are saying on the Macatawa Bank stock forecast page.
MCBC Technical Indicators
Is MCBC Making Money?
Last year, MCBC earnings were $41.01M. During the last 5 year, MCBC's earnings have grown by 7.65% per year. This was slower than the Banks - Regional industry average of 17.16%.
Last year, MCBC revenue was $103.58M. In the past five year, MCBC's revenue has increased by 5.6% per year. This was slower than the Banks - Regional industry average of 7.44%.
Dive into MCBC's earnings and revenue performance here.
Latest Insiders Trades at MCBC
Over the last year, executives and large shareholders at MCBC have sold more shares than they have bought.
Bryan L. Barker, Chief Financial Officer SVP of MCBC, was the latest MCBC insider to sell. They sold $1,494.20 worth of MCBC stock on Nov 28, 2023.
Research more about who owns MCBC stock here.
Can I rely on MCBC as an income stream?
Macatawa Bank pays a dividend of 2.39%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 worth of MCBC stock, you would have been paid $23.88 last year.
Macatawa Bank dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Macatawa Bank dividend yield and history here.
What others are saying about MCBC
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your MCBC trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your MCBC investment
Now that you own some MCBC shares, you'll want to stay up-to-date on your shares.
Make a watchlist to track your MCBC stock.
MCBC Feed
How to Buy Stock in Macatawa Bank
To reiterate, here are the 6 steps to buy Macatawa Bank stock:
- Figure out where to buy Macatawa Bank stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Macatawa Bank stock
- Make your MCBC trade
- Get notifications regarding your MCBC investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Macatawa Bank, create a watchlist today.
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