What is the intrinsic value of MCBC?
            As of 2025-11-04, the Intrinsic Value of Macatawa Bank Corp (MCBC) is
                13.34 USD. This MCBC valuation is based on the model Peter Lynch Fair Value.
                With the current market price of 14.82 USD, the upside of Macatawa Bank Corp is
                -9.97%.
            
            Is MCBC undervalued or overvalued?
            Based on its market price of 14.82 USD and our intrinsic valuation, Macatawa Bank Corp (MCBC) is overvalued by 9.97%.
            
            
                
                    
                    
                        13.34 USD
                        Intrinsic Value
                     
                 
             
            
            
                MCBC Intrinsic Value - Valuation Summary
            
                
                
                
                     | 
                    Range | 
                     Selected | 
                     Upside | 
                
                
                    | a | 
                
                
                
                    
                    | Fair Value | 
                    
                    13.34 - 13.34 | 
                    
                    13.34 | 
                    
                    -9.97% | 
                    
                
                
                
                    
                    | P/E | 
                    
                    14.18 - 21.51 | 
                    
                    16.53 | 
                    
                    11.6% | 
                    
                
                
                
                    
                    | DDM - Stable | 
                    
                    8.43 - 23.45 | 
                    
                    15.94 | 
                    
                    7.6% | 
                    
                
                
                
                    
                    | DDM - Multi | 
                    
                    9.72 - 20.64 | 
                    
                    13.18 | 
                    
                    -11.1% | 
                    
                
                
                
            
            
                MCBC Intrinsic Value - Key Valuation Metrics
            
                
                    
                        
                        
                            | Market Cap (mil) | 
                            509.22 | 
                        
                        
                            | Beta | 
                            -0.24 | 
                        
                        
                            | Outstanding shares (mil) | 
                            34.36 | 
                        
                        
                            | Enterprise Value (mil) | 
                            509.22 | 
                        
                        
                    
                    
                    
                        
                        
                            | Market risk premium | 
                            4.60% | 
                        
                        
                            | Cost of Equity | 
                            10.74% | 
                        
                        
                            | Cost of Debt | 
                            5.00% | 
                        
                        
                            | WACC | 
                            7.40% |