Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : €0.27 Billion

According to Macatawa Bank's latest financial reports the company has €0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Macatawa Bank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.25 B	12.76%
2022-12-31	$€0.23 B	2.68%
2021-12-31	$€0.22 B	15.02%
2020-12-31	$€0.19 B	0.45%
2019-12-31	$€0.19 B	16.36%
2018-12-31	$€0.16 B	15.72%
2017-12-31	$€0.14 B	-6.53%
2016-12-31	$€0.15 B	10.97%
2015-12-31	$€0.13 B	18.61%
2014-12-31	$€0.11 B	22.12%
2013-12-31	$€95.96 M	-2.74%
2012-12-31	$€98.66 M	35.69%
2011-12-31	$€72.71 M	42.56%
2010-12-31	$€51 M	-16.95%
2009-12-31	$€61.41 M	-42.46%
2008-12-31	$€0.10 B	-2.98%
2007-12-31	$€0.11 B	-7.45%
2006-12-31	$€0.11 B	-0.66%
2005-12-31	$€0.11 B	25.75%
2004-12-31	$€95.15 M	-1.73%
2003-12-31	$€96.82 M	-11.2%
2002-12-31	$€0.10 B	44.79%
2001-12-31	$€75.3 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	€0.43 B	54.41%	🇺🇸 USA
Mercantile Bank MBWM	€0.55 B	99.10%	🇺🇸 USA
First Busey BUSE	€1.33 B	378.84%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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