News & Videos - MACATAWA BANK CORP.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Macatawa Bank Corp. - MCBC PR Newswire NEW YORK, April 26, 2024 NEW YORK , April 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Macatawa Bank Corp. (NASDAQ:...

Shareholder Alert: Ademi LLP investigates whether Macatawa Bank Corporation has obtained a Fair Price in its transaction with Wintrust PR Newswire MILWAUKEE, April 16, 2024 MILWAUKEE , April 16, 2024 /PRNewswire/ -- Ademi LLP is investigating Macatawa (Nasdaq: MCBC) for possible breaches of fiduciary duty and other violations of law in its transaction with Wintrust . Click here to learn how to join the https://www.ademilaw.com/case/macatawa-bank-corporation or call Guri Ademi toll-free at...

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HOLLAND, Mich., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ:MCBC) today announced appointment of Craig A. Hankinson as Chief Operating Officer of Macatawa Bank Corporation and Macatawa Bank. Mr. Hankinson has over 25 years of credit and lending experience in the West Michigan and broader Midwest regional market. Since November 2010, Mr. Hankinson has served as Senior Vice President of Macatawa Bank Corporation and Senior Vice President and Chief Credit Officer of Macatawa...

HOLLAND, Mich., Jan. 30, 2017 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share on its common stock to be paid on February 28, 2017 to shareholders of record on February 13, 2017. This quarter’s dividend payment represents a 33% increase from the previous quarterly dividend rate of $0.03 per share. "We are pleased to make an increase in the amount of the...

HOLLAND, Mich., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ:MCBC) today announced its results for the fourth quarter and full year of 2016, reflecting continued improvement in financial performance. Net income of $4.1 million in fourth quarter 2016, up 16% from $3.5 million in fourth quarter 2015. Full year net income of $16.0 million, up 25% from $12.8 million in 2015. Net interest income increase of $831,000 for fourth quarter 2016 compared to 2015, and $3.5 million for...

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HOLLAND, Mich., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per share on its common stock to be paid on November 29, 2016 to shareholders of record on November 14, 2016. This dividend is consistent with past quarters and reflects the Company’s continued performance and commitment to provide a measured return to the shareholders. About Macatawa...

HOLLAND, Mich., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) today announced its results for the third quarter of 2016, reflecting continued improvement in financial performance. ● Net income of $4.6 million in third quarter 2016, up 44% from $3.2 million in third quarter 2015 ● Total loans up $24.6 million for the quarter, an annualized growth rate of 8.1% ● Revenue increase of $1.4 million in third quarter 2016 from third quarter 2015 while expenses were flat...