Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : £0.22 B

According to Macatawa Bank's latest financial reports the company has £0.22 B 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	8.8%
2021-12-31	$£0.18 B	6.83%
2020-12-31	$£0.17 B	7.21%
2019-12-31	$£0.16 B	9.56%
2018-12-31	$£0.14 B	16.86%
2017-12-31	$£0.12 B	-2.65%
2016-12-31	$£0.13 B	28.34%
2015-12-31	$£0.10 B	11.9%
2014-12-31	$£91.55 M	14.09%
2013-12-31	$£80.24 M	-0.57%
2012-12-31	$£80.7 M	32.85%
2011-12-31	$£60.75 M	37.77%
2010-12-31	$£44.09 M	-19.56%
2009-12-31	$£54.81 M	-47.03%
2008-12-31	$£0.10 B	28.64%
2007-12-31	$£80.44 M	0.46%
2006-12-31	$£80.07 M	-2.58%
2005-12-31	$£82.19 M	22.15%
2004-12-31	$£67.29 M	-2.1%
2003-12-31	$£68.73 M	-3.3%
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	£0.32 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	£0.40 B	83.17%	🇺🇸 USA
First Busey BUSE	£1.01 B	355.27%	🇺🇸 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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