Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : S$0.38 B

According to Macatawa Bank's latest financial reports the company has S$0.38 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	$S$0.37 B	14.49%
2022-12-31	$S$0.33 B	-3.32%
2021-12-31	$S$0.34 B	8.03%
2020-12-31	$S$0.31 B	8.43%
2019-12-31	$S$0.29 B	12.48%
2018-12-31	$S$0.25 B	12.37%
2017-12-31	$S$0.23 B	-1.46%
2016-12-31	$S$0.23 B	9.13%
2015-12-31	$S$0.21 B	14.27%
2014-12-31	$S$0.18 B	12.13%
2013-12-31	$S$0.16 B	5.15%
2012-12-31	$S$0.15 B	30.6%
2011-12-31	$S$0.12 B	39.87%
2010-12-31	$S$87.42 M	-29.3%
2009-12-31	$S$0.12 B	-42.37%
2008-12-31	$S$0.21 B	-7.61%
2007-12-31	$S$0.23 B	-3.44%
2006-12-31	$S$0.24 B	1.91%
2005-12-31	$S$0.23 B	24%
2004-12-31	$S$0.19 B	-8.26%
2003-12-31	$S$0.20 B	4.91%
2002-12-31	$S$0.19 B	60.64%
2001-12-31	$S$0.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	S$0.56 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	S$0.69 B	83.17%	🇺🇸 USA
First Busey BUSE	S$1.73 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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