Recap: Macatawa Bank Q4 Earnings

Recap: Macatawa Bank Q4 Earnings

Macatawa Bank 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

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings