Macatawa Bank (Macatawa Bank) Earnings per Share (Diluted) : $1.26 (TTM As of Dec. 2023)

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What is Macatawa Bank Earnings per Share (Diluted)?

Macatawa Bank's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.28. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.26.

Macatawa Bank's EPS (Basic) for the three months ended in Dec. 2023 was $0.28. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.26.

Macatawa Bank's EPS without NRI for the three months ended in Dec. 2023 was $0.28. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $1.26.

During the past 12 months, Macatawa Bank's average EPS without NRIGrowth Rate was 3.10% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -27.90% per year. During the past 5 years, the average EPS without NRI Growth Rate was -19.40% per year.

During the past 13 years, Macatawa Bank's highest 3-Year average EPS without NRI Growth Rate was 120.10% per year. The lowest was -34.10% per year. And the median was 11.90% per year.

Macatawa Bank Earnings per Share (Diluted) Historical Data

The historical data trend for Macatawa Bank's Earnings per Share (Diluted) can be seen below:

* 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.

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Macatawa Bank Earnings per Share (Diluted) Chart

Macatawa Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings per Share (Diluted)

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0.94

0.88

0.85

0.32

0.33

Macatawa Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings per Share (Diluted)	Get a 7-Day Free Trial															0.35	0.35	0.30	0.33	0.28

Competitive Comparison of Macatawa Bank's Earnings per Share (Diluted)

For the Banks - Regional subindustry, Macatawa Bank's PE Ratio, along with its competitors' market caps and PE Ratio 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's PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Macatawa Bank's PE Ratio falls into.

Macatawa Bank Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Macatawa Bank's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(43.224	-	0)	/	34.302
	=	1.26

Macatawa Bank's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )	=	(Net Income	-	Preferred Dividends	/	Shares Outstanding (Diluted Average)
	=	(9.495	-	0)	/	34.326
	=	0.28

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.26

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

Macatawa Bank (NAS:MCBC) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Macatawa Bank Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Macatawa Bank's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.

Macatawa Bank (Macatawa Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Macatawa Bank Corp (NAS:MCBC) » Definitions » Earnings per Share (Diluted)

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