Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : €0.26 B

According to Macatawa Bank's latest financial reports the company has €0.26 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	$€0.25 B	12.76%
2022-12-31	$€0.23 B	3.15%
2021-12-31	$€0.22 B	13.79%
2020-12-31	$€0.19 B	1.3%
2019-12-31	$€0.19 B	16.25%
2018-12-31	$€0.16 B	15.56%
2017-12-31	$€0.14 B	-6.53%
2016-12-31	$€0.15 B	10.8%
2015-12-31	$€0.13 B	18.9%
2014-12-31	$€0.11 B	22.05%
2013-12-31	$€95.92 M	-2.85%
2012-12-31	$€98.74 M	35.8%
2011-12-31	$€72.71 M	42.2%
2010-12-31	$€51.13 M	-16.81%
2009-12-31	$€61.46 M	-41.89%
2008-12-31	$€0.10 B	-2.93%
2007-12-31	$€0.10 B	-8.35%
2006-12-31	$€0.11 B	-0.66%
2005-12-31	$€0.11 B	40.16%
2004-12-31	$€85.37 M	-12.52%
2003-12-31	$€97.58 M	-10.5%
2002-12-31	$€0.10 B	44.79%
2001-12-31	$€75.3 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	€0.38 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	€0.48 B	83.17%	🇺🇸 USA
First Busey BUSE	€1.20 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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