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Macatawa Bank (NASDAQ:MCBC) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Macatawa Bank missed estimated earnings by 5.26%, reporting an EPS of $0.18 versus an estimate of $0.19, which did not surprise analysts.
Revenue was up $5.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 0.0% increase in the share price the next day.
Here's a look at Macatawa Bank's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.23 | 0.22 | 0.20 |
| EPS Actual | 0.21 | 0.23 | 0.23 | 0.26 |
| Revenue Estimate | 20.78M | 21.14M | 21.40M | 21.43M |
| Revenue Actual | 19.94M | 20.63M | 21.03M | 23.59M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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