Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : £0.23 Billion

According to Macatawa Bank's latest financial reports the company has £0.23 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	$£0.22 B	10.35%
2022-12-31	$£0.20 B	8.51%
2021-12-31	$£0.18 B	6.94%
2020-12-31	$£0.17 B	6.1%
2019-12-31	$£0.16 B	10.3%
2018-12-31	$£0.15 B	17.47%
2017-12-31	$£0.12 B	-2.65%
2016-12-31	$£0.13 B	28.21%
2015-12-31	$£0.10 B	12.03%
2014-12-31	$£91.53 M	13.94%
2013-12-31	$£80.34 M	-0.5%
2012-12-31	$£80.74 M	32.91%
2011-12-31	$£60.75 M	38.24%
2010-12-31	$£43.94 M	-19.18%
2009-12-31	$£54.37 M	-46.59%
2008-12-31	$£0.10 B	25.92%
2007-12-31	$£80.85 M	0.97%
2006-12-31	$£80.07 M	-2.58%
2005-12-31	$£82.19 M	22.26%
2004-12-31	$£67.23 M	-1.34%
2003-12-31	$£68.14 M	-4.13%
2002-12-31	$£71.08 M	54.98%
2001-12-31	$£45.86 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	£0.35 B	54.41%	🇺🇸 USA
Mercantile Bank MBWM	£0.46 B	99.10%	🇺🇸 USA
First Busey BUSE	£1.11 B	378.84%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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