Macatawa Bank (MCBC) Revenue & Revenue Breakdown


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Macatawa Bank Revenue Highlights


Latest Revenue (Y)

$18.44M

Latest Revenue (Q)

$29.08M

Macatawa Bank Revenue by Period


Macatawa Bank Revenue by Year

DateRevenueChange
2023-12-31$18.44M34.87%
2022-12-31$13.67M-82.86%
2021-12-31$79.76M-6.72%
2020-12-31$85.51M2.76%
2019-12-31$83.22M7.89%
2018-12-31$77.13M11.20%
2017-12-31$69.36M4.13%
2016-12-31$66.61M7.66%
2015-12-31$61.87M7.41%
2014-12-31$57.61M0.32%
2013-12-31$57.42M-8.98%
2012-12-31$63.09M3.10%
2011-12-31$61.19M-10.79%
2010-12-31$68.59M-1.30%
2009-12-31$69.49M-8.90%
2008-12-31$76.28M-3.47%
2007-12-31$79.01M-3.16%
2006-12-31$81.59M7.59%
2005-12-31$75.84M22.20%
2004-12-31$62.06M19.96%
2003-12-31$51.74M24.15%
2002-12-31$41.67M63.80%
2001-12-31$25.44M36.40%
2000-12-31$18.65M54.13%
1999-12-31$12.10M347.19%
1998-12-31$2.71M-

Macatawa Bank generated $18.44M in revenue during NA 2023, up 34.87% compared to the previous quarter, and up 23.91% compared to the same period a year ago.

Macatawa Bank Revenue by Quarter

DateRevenueChange
2024-03-31$29.08M-15.28%
2023-12-31$34.32M15.22%
2023-09-30$29.79M17.47%
2023-06-30$25.36M-5.24%
2023-03-31$26.76M95.71%
2022-12-31$13.67M-43.63%
2022-09-30$24.25M23.95%
2022-06-30$19.57M13.39%
2022-03-31$17.26M-5.04%
2021-12-31$18.17M-7.03%
2021-09-30$19.55M-3.41%
2021-06-30$20.24M-2.01%
2021-03-31$20.65M-12.43%
2020-12-31$23.59M15.62%
2020-09-30$20.40M-2.40%
2020-06-30$20.90M5.11%
2020-03-31$19.88M-4.24%
2019-12-31$20.76M0.30%
2019-09-30$20.70M-0.10%
2019-06-30$20.72M1.84%
2019-03-31$20.35M1.57%
2018-12-31$20.03M3.94%
2018-09-30$19.27M2.82%
2018-06-30$18.75M6.65%
2018-03-31$17.58M-1.96%
2017-12-31$17.93M3.65%
2017-09-30$17.30M0.79%
2017-06-30$17.16M3.45%
2017-03-31$16.59M-3.28%
2016-12-31$17.15M3.75%
2016-09-30$16.53M6.10%
2016-06-30$15.58M-2.78%
2016-03-31$16.02M12.17%
2015-12-31$14.29M-7.60%
2015-09-30$15.46M2.37%
2015-06-30$15.10M6.21%
2015-03-31$14.22M0.56%
2014-12-31$14.14M1.95%
2014-09-30$13.87M2.08%
2014-06-30$13.59M-2.24%
2014-03-31$13.90M3.10%
2013-12-31$13.48M6.15%
2013-09-30$12.70M-9.40%
2013-06-30$14.02M-0.55%
2013-03-31$14.10M70.61%
2012-12-31$8.26M-54.09%
2012-09-30$18.00M17.47%
2012-06-30$15.32M2.20%
2012-03-31$14.99M-0.64%
2011-12-31$15.09M-2.20%
2011-09-30$15.43M0.19%
2011-06-30$15.40M0.79%
2011-03-31$15.28M-9.02%
2010-12-31$16.79M3.89%
2010-09-30$16.16M-15.55%
2010-06-30$19.14M16.03%
2010-03-31$16.50M-2.51%
2009-12-31$16.92M0.55%
2009-09-30$16.83M-4.51%
2009-06-30$17.62M-2.74%
2009-03-31$18.12M3.78%
2008-12-31$17.46M-7.98%
2008-09-30$18.97M-5.80%
2008-06-30$20.14M2.24%
2008-03-31$19.70M3.69%
2007-12-31$19.00M-

Macatawa Bank generated $29.08M in revenue during Q1 2024, up -15.28% compared to the previous quarter, and up 212.66% compared to the same period a year ago.

Macatawa Bank Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CWBCCommunity West Bancshares$61.39M$27.26M
FCAPFirst Capital$51.24M$14.24M
HMNFHMN Financial$43.48M$14.79M
LSBKLake Shore Bancorp$36.39M$9.49M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.40M
MGYRMagyar Bancorp$30.42M$12.74M
HVBCHV Bancorp$25.74M$6.58M
MCBCMacatawa Bank$18.44M$29.08M
OFEDOconee Federal Financial$16.61M$3.21M

MCBC Revenue FAQ


Macatawa Bank's yearly revenue for 2023 was $18.44M, representing an increase of 34.87% compared to 2022. The company's yearly revenue for 2022 was $13.67M, representing a decrease of -82.86% compared to 2021. MCBC's yearly revenue for 2021 was $79.76M, representing a decrease of -6.72% compared to 2020.

Macatawa Bank's quarterly revenue for Q1 2024 was $29.08M, a -15.28% decrease from the previous quarter (Q4 2023), and a 8.66% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $34.32M, a 15.22% increase from the previous quarter (Q3 2023), and a 151.02% increase year-over-year (Q4 2022). MCBC's quarterly revenue for Q3 2023 was $29.79M, a 17.47% increase from the previous quarter (Q2 2023), and a 22.81% increase year-over-year (Q3 2022).

Macatawa Bank's revenue growth rate for the last 3 years (2021-2023) was -76.88%, and for the last 5 years (2019-2023) was -77.84%.