MACATAWA BANK CORP
DelistedCIK 1053584fmd_18Y6DS0QF6AM6G8YPK3HH8S2TWFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials
Coverage: Jan 01, 2009 to Mar 31, 2024, 57 periods
Latest annual · FY2023
Millions- Total revenues
- 106
- Net income
- 43
- Free cash flow
- 43
Latest quarter · Q1 FY2024
Millions- Total revenues
- 25
- Net income
- 10
- Free cash flow
- 9
Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2020 to FY2023
- +7.4%
- Revenue, 5 yearsFY2018 to FY2023
- +6.5%
- Net income, 5 yearsFY2018 to FY2023
- +10.4%
MACATAWA BANK CORP financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2023 | FY2022 | Change | Source |
|---|---|---|---|---|
| Revenue | $105.9 million | $90.2 million | +17.4% | 10-K 2024-02-15 · proof |
| Net income | $43.2 million | $34.7 million | +24.5% | 10-K 2024-02-15 · proof |
| Cash from operating activities | $43.8 million | $34.8 million | +25.9% | 10-K 2024-02-15 · proof |
| Free cash flow | $43.4 million | $34 million | +27.5% | 10-K 2024-02-15 · proof |
| Total assets | $2.7 billion | $2.9 billion | -5.4% | 10-K 2024-02-15 · proof |
| Total liabilities | $2.5 billion | $2.7 billion | -7.5% | 10-K 2024-02-15 · proof |
| Cash and cash equivalents | $32.3 million | $755.2 million | -95.7% | 10-K 2024-02-15 · proof |
- What was MACATAWA BANK CORP's revenue in fiscal 2023?
- MACATAWA BANK CORP reported revenue of $105.9 million for fiscal 2023 (the year ended Dec 31, 2023), against $90.2 million the year before (+17.4%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What was MACATAWA BANK CORP's net income in fiscal 2023?
- MACATAWA BANK CORP reported net income of $43.2 million for fiscal 2023 (the year ended Dec 31, 2023), against $34.7 million the year before (+24.5%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What was MACATAWA BANK CORP's cash from operating activities in fiscal 2023?
- MACATAWA BANK CORP reported cash from operating activities of $43.8 million for fiscal 2023 (the year ended Dec 31, 2023), against $34.8 million the year before (+25.9%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What was MACATAWA BANK CORP's free cash flow in fiscal 2023?
- MACATAWA BANK CORP reported free cash flow of $43.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $34 million the year before (+27.5%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What are MACATAWA BANK CORP's total assets?
- As of Dec 31, 2023, MACATAWA BANK CORP reported total assets of $2.7 billion, against $2.9 billion a year earlier (-5.4%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What are MACATAWA BANK CORP's total liabilities?
- As of Dec 31, 2023, MACATAWA BANK CORP reported total liabilities of $2.5 billion, against $2.7 billion a year earlier (-7.5%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
- What are MACATAWA BANK CORP's cash and cash equivalents?
- As of Dec 31, 2023, MACATAWA BANK CORP reported cash and cash equivalents of $32.3 million, against $755.2 million a year earlier (-95.7%). Source: the 10-K filed with the SEC on Feb 15, 2024. SEC
Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1053584&period_type=annual&limit=5"Information only, not investment advice.