Macatawa: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 05:05 PM ET
Last Updated - Apr 25, 2024, 05:05 PM EDT
HOLLAND, Mich. (AP) — HOLLAND, Mich. (AP) — Macatawa Bank Corp. (MCBC) on Thursday reported net income of $9.8 million in its first quarter.
The bank, based in Holland, Michigan, said it had earnings of 29 cents per share.
The holding company for Macatawa Bank posted revenue of $33.7 million in the period. Its revenue net of interest expense was $25.4 million, missing Street forecasts.
_____
