Jon Swets - Macatawa Bank CFO
CFO
Mr. Jon W. Swets is the Senior Vice President, Chief Financial Officer of the Company and the Bank of the Company. Prior to joining the Company, Mr. Swets served as an audit partner at Crowe LLP since 2002.
| Age | 59 |
| Tenure | 22 years |
| Phone | 616 820 1444 |
| Web | https://www.macatawabank.com |
Jon Swets Latest Insider Activity
Tracking and analyzing the buying and selling activities of Jon Swets against Macatawa Bank stock is an integral part of due diligence when investing in Macatawa Bank. Jon Swets insider activity provides valuable insight into whether Macatawa Bank is net buyers or sellers over its current business cycle. Note, Macatawa Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Macatawa Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Jon Swets over a year ago Acquisition by Jon Swets of 10703 shares of Macatawa Bank subject to Rule 16b-3 |
Macatawa Bank Management Efficiency
The company has return on total asset (ROA) of 0.0156 % which means that it generated a profit of $0.0156 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1482 %, meaning that it created $0.1482 on every $100 dollars invested by stockholders. Macatawa Bank's management efficiency ratios could be used to measure how well Macatawa Bank manages its routine affairs as well as how well it operates its assets and liabilities.Macatawa Bank currently holds 30.8 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Macatawa Bank's use of debt, we should always consider it together with its cash and equity.
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Management Performance
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0156 |
Macatawa Bank Leadership Team
Elected by the shareholders, the Macatawa Bank's board of directors comprises two types of representatives: Macatawa Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macatawa. The board's role is to monitor Macatawa Bank's management team and ensure that shareholders' interests are well served. Macatawa Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macatawa Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Justin Beek, Senior Officer | ||
| Jill Walcott, Sr. VP, Chief Retail Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank | ||
| Ronald Haan, CEO and President Director, Chairman of Macatawa Bank, CEO of Macatawa Bank and President of Macatawa Bank | ||
| Erich VanRavenswaay, VP Officer | ||
| Leslie Leegwater, VP Manager | ||
| Jodi Sevigny, Senior Officer | ||
| Susan VogelVanderson, Senior Officer | ||
| Craig Hankinson, Chief Credit Officer, Sr. VP, Chief Credit Officer of Macatawa Bank and Sr. VP of Macatawa Bank | ||
| Jason Birchmeier, Senior Officer | ||
| Bryan Barker, Chief President | ||
| Jon Swets, CFO, Sr. VP, Secretary, CFO of Macatawa Bank and Sr. VP of Macatawa Bank | ||
| Glenn Getschow, Senior Officer | ||
| Jeffrey Tatreau, Senior CTO |
Macatawa Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Macatawa Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0156 | |||
| Profit Margin | 0.40 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 170.76 M | |||
| Shares Outstanding | 34.36 M | |||
| Shares Owned By Insiders | 24.18 % | |||
| Shares Owned By Institutions | 43.25 % | |||
| Number Of Shares Shorted | 159.65 K | |||
| Price To Earning | 12.08 X |
Also Currently Popular
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Other Consideration for investing in Macatawa Stock
If you are still planning to invest in Macatawa Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Macatawa Bank's history and understand the potential risks before investing.
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