Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge [Yahoo! Finance]
Macatawa Bank Corporation (MCBC)
Last macatawa bank corporation earnings: 10/24 04:15 pm
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US:NASDAQ Investor Relations:
investors.macatawabank.com
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Source: Yahoo! Finance
Corporation (“Macatawa”) (Nasdaq: MCBC) today jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa Bank, a Michigan state-chartered bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids. Founded in 1997, Macatawa has an exemplary history of serving its communities. As of December 31, 2023, it had approximately $2.7 billion in assets, $2.4 billion in deposits and $1.3 billion in loans. Macatawa's approach to customer service is similar to that at each of the fifteen Wintrust Community Banks and their more than 170 banking locations. Like Wintrust, Macatawa prides itself on delivering outstanding service to both consumer and commercial clients. Timothy S. Crane, President and CEO of Wintrust, said, “Macatawa pro
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MCBC
News
- Macatawa Bank Co. (NASDAQ: MCBC) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $15.00 price target on the stock, up previously from $12.00.MarketBeat
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Macatawa Bank Corp. - MCBCPR Newswire
- Macatawa Bank Co. (NASDAQ: MCBC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Macatawa Bank (MCBC) Q1 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Macatawa Bank Corporation Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
MCBC
Earnings
- 4/25/24 - Miss
MCBC
Analyst Actions
- 4/29/24 - Keefe, Bruyette & Woods
MCBC
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form 8-K
- MCBC's page on the SEC website