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.

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.

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.