Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : A$0.43 B

According to Macatawa Bank's latest financial reports the company has A$0.43 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	$A$0.42 B	16.08%
2022-12-31	$A$0.36 B	3.92%
2021-12-31	$A$0.34 B	12.23%
2020-12-31	$A$0.31 B	0.61%
2019-12-31	$A$0.30 B	14.23%
2018-12-31	$A$0.27 B	22.22%
2017-12-31	$A$0.22 B	-1.55%
2016-12-31	$A$0.22 B	7.88%
2015-12-31	$A$0.20 B	20.05%
2014-12-31	$A$0.17 B	16.98%
2013-12-31	$A$0.14 B	18.04%
2012-12-31	$A$0.12 B	36.68%
2011-12-31	$A$92.09 M	37.43%
2010-12-31	$A$67 M	-31.89%
2009-12-31	$A$98.38 M	-54.46%
2008-12-31	$A$0.21 B	17.53%
2007-12-31	$A$0.18 B	-7.61%
2006-12-31	$A$0.19 B	2.71%
2005-12-31	$A$0.19 B	16.14%
2004-12-31	$A$0.16 B	1.71%
2003-12-31	$A$0.16 B	-18.93%
2002-12-31	$A$0.20 B	55.25%
2001-12-31	$A$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	A$0.64 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	A$0.80 B	83.17%	🇺🇸 USA
First Busey BUSE	A$2.00 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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