Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : $0.29 B

According to Macatawa Bank's latest financial reports the company has $0.29 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	$$0.28 B	16.21%
2022-12-31	$$0.24 B	-2.74%
2021-12-31	$$0.25 B	5.9%
2020-12-31	$$0.23 B	10.29%
2019-12-31	$$0.21 B	13.95%
2018-12-31	$$0.19 B	10.33%
2017-12-31	$$0.17 B	6.62%
2016-12-31	$$0.16 B	6.75%
2015-12-31	$$0.15 B	6.64%
2014-12-31	$$0.14 B	7.54%
2013-12-31	$$0.13 B	1.54%
2012-12-31	$$0.13 B	38.21%
2011-12-31	$$94.42 M	39.19%
2010-12-31	$$67.84 M	-22.9%
2009-12-31	$$87.99 M	-41.03%
2008-12-31	$$0.14 B	-7.1%
2007-12-31	$$0.16 B	2.41%
2006-12-31	$$0.15 B	10.66%
2005-12-31	$$0.14 B	9.82%
2004-12-31	$$0.12 B	5.89%
2003-12-31	$$0.12 B	6.95%
2002-12-31	$$0.11 B	71.38%
2001-12-31	$$66.5 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	$0.43 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	$0.53 B	83.17%	🇺🇸 USA
First Busey BUSE	$1.33 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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