Macatawa: Q2 Earnings Snapshot

HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported second-quarter earnings of $7.8 million.

The Holland, Michigan-based bank said it had earnings of 23 cents per share.

The holding company for Macatawa Bank posted revenue of $21.4 million in the period. Its revenue net of interest expense was $20.6 million, beating Street forecasts.

Macatawa shares have fallen roughly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.14, an increase of 12% in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MCBC at

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