Macatawa Bank
MCBC
$14.24
Share price
-0.63%
Change (1 day)
52.63%
Change (1 year)
Categories
Operating Margin for Macatawa Bank (MCBC)
Operating Margin as of April 2024 (TTM): 51.64%
According to Macatawa Bank's latest financial reports and stock price the company's current Operating Margin is 51.64%. At the end of 2021 the company had an Operating Margin of 45.67%.
Operating Margin history for Macatawa Bank from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 45.67% | 4.39% |
| 2020 | 43.75% | -9.24% |
| 2019 | 48.20% | 13.13% |
| 2018 | 42.61% | 7.97% |
| 2017 | 39.46% | 15.65% |
| 2016 | 34.12% | 9.42% |
| 2015 | 31.18% | 15.02% |
| 2014 | 27.11% | 6.53% |
| 2013 | 25.45% | -14.84% |
| 2012 | 29.89% | 213.73% |
| 2011 | 9.53% | -139.48% |
| 2010 | -24.13% | -76.79% |
| 2009 | -103.96% | 67.9% |
| 2008 | -61.92% | -476.19% |
| 2007 | 16.46% | -53.64% |
| 2006 | 35.50% | -12.42% |
| 2005 | 40.54% | 34.02% |
| 2004 | 30.25% | -10.92% |
| 2003 | 33.96% | -0.1% |
| 2002 | 33.99% | 13.59% |
| 2001 | 29.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Mercantile Bank MBWM | 42.63% | -17.45% | 🇺🇸 USA |
 Independent Bank (Michigan) IBCP | 35.49% | -31.27% | 🇺🇸 USA |
 First Busey BUSE | 37.30% | -27.77% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.