Today, the Senior V.P. Retail Banking of Macatawa Bank Corp (MCBC), Jill Walcott, sold shares of MCBC for $28.43K.
In addition to Jill Walcott, one other MCBC executive reported Sell trades in the last month.
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Based on Macatawa Bank Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $22.9 million and quarterly net profit of $7.04 million. In comparison, last year the company earned revenue of $19.47 million and had a net profit of $2.19 million. MCBC’s market cap is $344.2M and the company has a P/E ratio of 12.99. Currently, Macatawa Bank Corp has an average volume of 16.15K.
In the last 30 days, insiders have sold $39.66K worth of MCBC shares and purchased $1,516 worth of MCBC shares. The insider sentiment on Macatawa Bank Corp has been negative according to 24 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Macatawa Bank Corp. is a holding company, which engages in the provision of financial services. The company offers a range of commercial, and personal banking services.
