Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : ₹24.72 Billion

According to Macatawa Bank's latest financial reports the company has ₹24.72 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	$₹23.89 B	16.91%
2022-12-31	$₹20.44 B	8.13%
2021-12-31	$₹18.90 B	7.78%
2020-12-31	$₹17.54 B	13.11%
2019-12-31	$₹15.50 B	16.21%
2018-12-31	$₹13.34 B	20.82%
2017-12-31	$₹11.04 B	0.18%
2016-12-31	$₹11.02 B	9.16%
2015-12-31	$₹10.09 B	11.81%
2014-12-31	$₹9.03 B	10.33%
2013-12-31	$₹8.18 B	14.58%
2012-12-31	$₹7.14 B	43.05%
2011-12-31	$₹4.99 B	64.31%
2010-12-31	$₹3.04 B	-25.54%
2009-12-31	$₹4.08 B	-43.07%
2008-12-31	$₹7.17 B	13.77%
2007-12-31	$₹6.30 B	-9.26%
2006-12-31	$₹6.94 B	8.91%
2005-12-31	$₹6.37 B	14.11%
2004-12-31	$₹5.58 B	0.72%
2003-12-31	$₹5.55 B	1.55%
2002-12-31	$₹5.46 B	70.33%
2001-12-31	$₹3.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	₹38.18 B	54.41%	🇺🇸 USA
Mercantile Bank MBWM	₹49.23 B	99.10%	🇺🇸 USA
First Busey BUSE	₹118.41 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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