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Macatawa Bank Corp  (MCBC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Macatawa Bank's Operating Profit Margin by quarter

Trends, Rankings, Statistics



MCBC Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -6.54 % 9.53 % 27.46 % 41.89 % 45.48 %
Seq. Revenue Change -4.76 % 6.09 % -6.21 % -1.39 % 11.62 %
Revenue In Millions $25.73 $27.01 $25.46 $27.14 $27.53
Operating Profit Margin 45.72 % 52.65 % 50.22 % 55.18 % 54.78 %
Operating Profit Margin Total Ranking # 247 # 222 # 244 # 220 # 410
Operating Income In Millions $11.76 $14.22 $12.79 $14.98 $15.08
Y / Y Operating Income Change -22 % 13.47 % 58.62 % 102.67 % 98.83 %
Seq. Operating Income Change -17.3 % 11.22 % -14.64 % -0.66 % 20.31 %


Commenting fourth Quarter 2023 Operating Profit Margin
Macatawa Bank Corp experienced contraction in Operating Income by -17.3 % to $26 millions and Revenue by -4.76 %, while Operating Profit Margin fell to 45.72 %, below company's average Operating Profit Margin.

Observing fourth quarter 2023 results within Regional Banks industry 22 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin overall ranking has deteriorated compare to previous quarter from 222 to 247.
Explain Operating Margin
MCBC's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 23
Financial Sector # 154
Overall # 247

Operating Profit Margin Statistics
High Average Low
247.68 % 60.24 % 25.62 %
(Dec 31 2018)   (Mar 31 2015)




Other Operating Profit Margin Profitability Ratios
MCBC's Cumulative Operating Profit Margin
Regional Banks Industry Operating Profit Margin Trends and Statistics
Financial Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
MCBC's Operating Profit Margin Profitability versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for MCBC's Competitors
Operating Profit Margin Profit Margin for Macatawa Bank's Suppliers
Operating Profit Margin Profit Margin for MCBC's Customers

You may also want to know
MCBC's Annual Growth Rates MCBC's Profitability Ratios MCBC's Asset Turnover Ratio MCBC's Dividend Growth
MCBC's Roe MCBC's Valuation Ratios MCBC's Financial Strength Ratios MCBC's Operating Income Growth
MCBC's Roa MCBC's Inventory Turnover Ratio MCBC's Growth Rates MCBC's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Regional Banks Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
International Bancshares Corporation  66.43 %$ 135.737 $ 204.328 
Merchants Bancorp  65.42 %$ 99.453 $ 152.032 
Parke Bancorp Inc   63.97 %$ 11.160 $ 17.445 
Cb Financial Services Inc   62.97 %$ 18.308 $ 29.074 
First Business Financial Services Inc   58.47 %$ 17.578 $ 30.065 
First Citizens Bancshares Inc  55.96 %$ 1,896.000 $ 3,388.000 
Lakeland Financial Corporation  55.05 %$ 36.062 $ 65.507 
Five Star Bancorp  54.47 %$ 15.151 $ 27.814 
Metrocity Bankshares inc   54.03 %$ 16.137 $ 29.865 
Southern States Bancshares Inc   53.60 %$ 11.227 $ 20.944 
East West Bancorp inc   52.97 %$ 327.239 $ 617.737 
Unity Bancorp inc   52.51 %$ 13.048 $ 24.850 
Rbb Bancorp  51.06 %$ 17.102 $ 33.494 
Bankwell Financial Group Inc   49.24 %$ 24.321 $ 49.390 
Amalgamated Financial Corp   48.26 %$ 35.212 $ 72.964 
Summit Financial Group Inc   46.98 %$ 21.188 $ 45.096 
Macatawa Bank Corp  45.72 %$ 11.761 $ 25.725 
S and t Bancorp Inc   45.02 %$ 46.024 $ 102.223 
Hbt Financial Inc   44.93 %$ 24.789 $ 55.176 
Old Second Bancorp Inc  44.51 %$ 30.845 $ 69.306 
Timberland Bancorp Inc   42.47 %$ 7.842 $ 18.466 
Community Trust Bancorp Inc  42.37 %$ 23.257 $ 54.885 
Ofg Bancorp  42.10 %$ 68.432 $ 162.531 
Heritage Commerce Corp  42.01 %$ 18.463 $ 43.954 
German American Bancorp Inc   41.61 %$ 25.467 $ 61.201 
Independent Bank Corp  41.31 %$ 70.916 $ 171.664 
1st Source Corporation  40.81 %$ 36.523 $ 89.495 
First Busey Corporation  40.61 %$ 51.263 $ 126.242 
Greene County Bancorp Inc   40.58 %$ 6.370 $ 15.696 
Red River Bancshares Inc   40.58 %$ 10.942 $ 26.965 




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