Macatawa Bank is a bank holding company. Through its subsidiary, Macatawa Bank, Co. operates branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, MI. Co.'s commercial and industrial lending portfolio contains loans with a variety of purposes and security, including loans to finance operations and equipment. Co.'s commercial real estate loans consist primarily of construction and development loans and multi-family and other non-residential real estate loans. Co.'s retail loans consist primarily of residential mortgage loans and consumer loans. The MCBC stock yearly return is shown above.
The yearly return on the MCBC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MCBC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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