Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : ₹24.57 B

According to Macatawa Bank's latest financial reports the company has ₹24.57 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	$₹23.89 B	16.91%
2022-12-31	$₹20.44 B	7.99%
2021-12-31	$₹18.92 B	8.1%
2020-12-31	$₹17.51 B	13.13%
2019-12-31	$₹15.47 B	16.6%
2018-12-31	$₹13.27 B	20.19%
2017-12-31	$₹11.04 B	0.18%
2016-12-31	$₹11.02 B	9.18%
2015-12-31	$₹10.09 B	11.96%
2014-12-31	$₹9.01 B	10.13%
2013-12-31	$₹8.18 B	14.6%
2012-12-31	$₹7.14 B	43.07%
2011-12-31	$₹4.99 B	64.24%
2010-12-31	$₹3.04 B	-25.79%
2009-12-31	$₹4.09 B	-44.74%
2008-12-31	$₹7.41 B	17.12%
2007-12-31	$₹6.33 B	-8.83%
2006-12-31	$₹6.94 B	8.91%
2005-12-31	$₹6.37 B	25.65%
2004-12-31	$₹5.07 B	-8.7%
2003-12-31	$₹5.56 B	1.74%
2002-12-31	$₹5.46 B	70.33%
2001-12-31	$₹3.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	₹36.11 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	₹45.02 B	83.17%	🇺🇸 USA
First Busey BUSE	₹111.89 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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