Macatawa Bank Corporation
MCBC · NASDAQ
3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 | |
|---|---|---|---|---|
| Revenue | $34 | $34 | $30 | $25 |
| % Growth | -1.7% | 15.2% | 17.5% | – |
| Cost of Goods Sold | $5 | $0 | $0 | $0 |
| Gross Profit | $29 | $34 | $30 | $25 |
| % Margin | 86.2% | 100% | 100% | 100% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $7 | $9 | $7 | $7 |
| SG&A Expenses | $8 | $9 | $8 | $8 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | -$4 | -$4 | -$4 | -$4 |
| Operating Expenses | $4 | $4 | $0 | $0 |
| Operating Income | $12 | -$47 | $14 | $13 |
| % Margin | 36% | -135.9% | 47.7% | 50.4% |
| Other Income/Exp. Net | -$0 | $58 | -$0 | -$0 |
| Pre-Tax Income | $12 | $12 | $14 | $13 |
| Tax Expense | $2 | $2 | $3 | $2 |
| Net Income | $10 | $9 | $11 | $10 |
| % Margin | 29% | 27.7% | 38.3% | 40.7% |
| EPS | 0.28 | 0.28 | 0.33 | 0.3 |
| % Growth | 0% | -15.2% | 10% | – |
| EPS Diluted | 0.28 | 0.28 | 0.33 | 0.3 |
| Weighted Avg Shares Out | 34 | 34 | 34 | 34 |
| Weighted Avg Shares Out Dil | 34 | 34 | 34 | 34 |
| Supplemental Information | – | – | – | – |
| Interest Income | $29 | $30 | $5 | $27 |
| Interest Expense | $8 | $0 | $8 | $6 |
| Depreciation & Amortization | $0 | $2 | $0 | $0 |
| EBITDA | $12 | -$33 | $14 | $13 |
| % Margin | 36% | -95.8% | 47.7% | 50.4% |