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 loan products to business customers include commercial and industrial and commercial real estate loans, and to retail customers include residential mortgage and consumer loans. Co. provides a range of deposit services, including checking accounts, savings accounts and time deposits of various types. Co.'s trust services include both personal trust and retirement plan services. 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 2021 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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