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Macatawa: Q1 Earnings Snapshot

HOLLAND, Mich. (AP) — HOLLAND, Mich. (AP) — Macatawa Bank Corp. (MCBC) on Thursday reported net income of $9.8 million in its first quarter.

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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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBC at https://www.zacks.com/ap/MCBC

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