Macatawa Bank Corporation (MCBC)

HOLLAND, Mich., July 31, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced that at the Special Meeting of Shareholders (the “Special Meeting”) held earlier today, Macatawa shareholders overwhelmingly voted to approve the acquisition of Macatawa by Wintrust Financial Corporation (“Wintrust”) (NASDAQ: WTFC).

NEW ORLEANS , July 2, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Macatawa Bank Corporation (NasdaqGS: MCBC) to Wintrust Financial Corporation (NasdaqGS: WTFC). Under the terms of the proposed transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust'.

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: MCBC), relating to its proposed sale to Wintrust Financial Corp. Under the terms of the agreement, MCBC shareholders are expected to receive $14.85 in cash per share they own.

Macatawa Bank (MCBC) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.35 per share a year ago.

HOLLAND, Mich., April 25, 2024 (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 $0.09 per share on its common stock to be paid on May 30, 2024 to shareholders of record on May 13, 2024. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company.

HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the first quarter 2024.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Macatawa Bank Corporation (NasdaqGS: MCBC) to Wintrust Financial Corporation (NasdaqGS: WTFC). Under the terms of the proposed transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust'.

Macatawa (MCBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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 866-264-3995.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Macatawa Bank Corporation (NASDAQ: MCBC) to Wintrust Financial Corporation is fair to Macatawa shareholders. Per the terms of the Proposed Transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust's average trading price at closing determined in accordance with the merger a.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Macatawa Bank (MCBC) have what it takes?

HOLLAND, Mich., Jan. 25, 2024 (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 $0.09 per share on its common stock to be paid on February 28, 2024 to shareholders of record on February 13, 2024. Macatawa has continued to produce favorable results. This dividend reflects the strong financial condition and earnings performance of the Company.

HOLLAND, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the fourth quarter and full year 2023.

TAST, DTEGY and MCBC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 26, 2023.

Macatawa (MCBC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.