Brief: Macatawa Bank Q4 Earnings Per Share $0.21

Macatawa Bank

24/01/2019 21:25

Macatawa Bank Corp  MCBC.O :
    * ORATION REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS
    * Q4 EARNINGS PER SHARE $0.21
    * Q4 EARNINGS PER SHARE ESTIMATE $0.20 -- REFINITIV IBES
DATA
    * NET INTEREST INCOME FOR Q4 2018 TOTALED $15.6 MILLION, AN
INCREASE OF $466,000 FROM Q3 2018
    * 2018 EARNINGS POSITIVELY IMPACTED BY TAX REFORM ENACTED AT
END
OF 2017
    * TAX EXPENSE FOR 2018 POSITIVELY IMPACTED BY REDUCTION IN
CORPORATE TAX RATE FROM 35% TO 21%

Source text for Eikon:  ID:nGNX4Bb5dw 
Further company coverage:  MCBC.O