Macatawa Bank (MCBC) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$0.47 B

According to Macatawa Bank's latest financial reports the company has NZ$0.47 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	$NZ$0.45 B	16.67%
2022-12-31	$NZ$0.38 B	4.91%
2021-12-31	$NZ$0.37 B	11.22%
2020-12-31	$NZ$0.33 B	3.44%
2019-12-31	$NZ$0.32 B	13.36%
2018-12-31	$NZ$0.28 B	16.76%
2017-12-31	$NZ$0.24 B	3.99%
2016-12-31	$NZ$0.23 B	5.36%
2015-12-31	$NZ$0.22 B	22.36%
2014-12-31	$NZ$0.18 B	12.59%
2013-12-31	$NZ$0.16 B	1.36%
2012-12-31	$NZ$0.15 B	31.57%
2011-12-31	$NZ$0.12 B	37.04%
2010-12-31	$NZ$88.28 M	-27.65%
2009-12-31	$NZ$0.12 B	-52.82%
2008-12-31	$NZ$0.25 B	24.42%
2007-12-31	$NZ$0.20 B	-6.63%
2006-12-31	$NZ$0.22 B	7.36%
2005-12-31	$NZ$0.20 B	14.64%
2004-12-31	$NZ$0.18 B	-3.54%
2003-12-31	$NZ$0.18 B	-13.89%
2002-12-31	$NZ$0.21 B	35.98%
2001-12-31	$NZ$0.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Independent Bank (Michigan) IBCP	NZ$0.69 B	46.93%	🇺🇸 USA
Mercantile Bank MBWM	NZ$0.86 B	83.17%	🇺🇸 USA
First Busey BUSE	NZ$2.15 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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