Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : HK$2.27 Billion

According to Macatawa Bank's latest financial reports the company has HK$2.27 Billion 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	$HK$2.24 B	16.16%
2022-12-31	$HK$1.93 B	-2.55%
2021-12-31	$HK$1.98 B	6.52%
2020-12-31	$HK$1.85 B	9.78%
2019-12-31	$HK$1.69 B	13.32%
2018-12-31	$HK$1.49 B	10.58%
2017-12-31	$HK$1.35 B	7.43%
2016-12-31	$HK$1.25 B	6.81%
2015-12-31	$HK$1.17 B	6.56%
2014-12-31	$HK$1.10 B	7.57%
2013-12-31	$HK$1.02 B	1.59%
2012-12-31	$HK$1.01 B	37.93%
2011-12-31	$HK$0.73 B	38.91%
2010-12-31	$HK$0.52 B	-22.62%
2009-12-31	$HK$0.68 B	-40.83%
2008-12-31	$HK$1.15 B	-7.93%
2007-12-31	$HK$1.25 B	2.66%
2006-12-31	$HK$1.21 B	11%
2005-12-31	$HK$1.09 B	9.56%
2004-12-31	$HK$1.00 B	6.16%
2003-12-31	$HK$0.94 B	6.31%
2002-12-31	$HK$0.88 B	71.4%
2001-12-31	$HK$0.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	HK$3.51 B	54.41%	🇺🇸 USA
Mercantile Bank MBWM	HK$4.53 B	99.10%	🇺🇸 USA
First Busey BUSE	HK$10.90 B	378.84%	🇺🇸 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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