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Macatawa Bank (MCBC) Return On Assets

Annual ROA

1.53%
+0.34%+28.57%

December 31, 2023

Summary

Performance

1-Year Change

+28.57%

3-Year Change

+19.53%

5-Year Change

+12.5%

15-Year Change

+70%

MCBC ROA Chart

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High & Low

All-time High

2.31%
MCBC annual return on assets is currently -33.77% below its historical high of 2.31%

3-Year Low

1.04%
MCBC annual return on assets is currently +47.12% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
MCBC previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

N/A
MCBC next annual earnings announcement has not yet been scheduled

OtherMCBCprofitabilitymetrics:

Annual Revenue

$104.25 M
MCBC annual revenue is $104.25 million

Annual Net Income

$43.22 M
MCBC annual net profit is $43.22 million

Annual EPS

$0.33
MCBC annual earnings per share is $0.33

Annual ROE

16.19%
MCBC annual return on equity is 16.19%

Quarterly ROA

1.53%
-0.05%-3.16%

March 31, 2024

Summary

Performance

3-Month Change

-3.16%

1-Year Change

-3.16%

3-Year Change

-3.16%

5-Year Change

-3.16%

MCBC Quarterly ROA Chart

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High & Low

All-time High

2.33%
MCBC quarterly return on assets is currently -34.33% below its historical high of 2.33%

3-Year Low

0.90%
MCBC quarterly return on assets is currently +70.00% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Mar 31, 2024
MCBC previous earnings announcement was published on Mar 31, 2024

Next Quarterly Earnings Report Date

N/A
MCBC next earnings announcement has not yet been scheduled

OtherMCBCprofitabilitymetrics:

Quarterly Revenue

$24.98 M
MCBC quarterly revenue is $24.98 million

Quarterly Net Income

$9.79 M
MCBC quarterly net profit is $9.79 million

Quarterly EPS

$0.29
MCBC quarterly earnings per share is $0.29

Quarterly ROE

14.92%
MCBC quarterly return on equity is 14.92%

ROA Formula

ROA =  Net Income
Total Assets ✕ 100%

Annual ROA

1.53%
MCBC annual return on assets is 1.53%

Annual Net Income

$43.22 M
MCBC annual net profit is $43.22 million

Annual Total Assets

$2.75 B
MCBC annual total assets is $2.75 billion

MCBC ROA Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+28.6%-3.2%
3 y3 years+19.5%-3.2%
5 y5 years+12.5%-3.2%

MCBC ROA Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high-32.0%-7.8%-41.2%
5 y5-year-3.2%-32.0%-7.8%-41.2%
alltimeall time-33.8%-309.2%-34.3%-380.4%

Macatawa Bank ROA History

DateAnnualQuarterly
Mar 2024
-
1.53%(-3.2%)
Dec 2023
1.53%(+28.6%)
1.58%(-4.8%)
Sep 2023
-
1.66%(+3.1%)
Jun 2023
-
1.61%(+11.0%)
Mar 2023
-
1.45%(+19.8%)
Dec 2022
1.19%(+14.4%)
1.21%(+21.0%)
Sep 2022
-
1.00%(+11.1%)
Jun 2022
-
0.90%(-4.3%)
Mar 2022
-
0.94%(-8.7%)
Dec 2021
1.04%(-18.8%)
1.03%(-11.2%)
Sep 2021
-
1.16%(-2.5%)
Jun 2021
-
1.19%(-6.3%)
Mar 2021
-
1.27%(-1.6%)
Dec 2020
1.28%(-19.0%)
1.29%(-1.5%)
Sep 2020
-
1.31%(-7.7%)
Jun 2020
-
1.42%(-6.0%)
Mar 2020
-
1.51%(-4.4%)
Dec 2019
1.58%(+16.2%)
1.58%(+1.9%)
Sep 2019
-
1.55%(+1.3%)
Jun 2019
-
1.53%(+3.4%)
Mar 2019
-
1.48%(+6.5%)
Dec 2018
1.36%(+51.1%)
1.39%(+20.9%)
Sep 2018
-
1.15%(+8.5%)
Jun 2018
-
1.06%(+9.3%)
Mar 2018
-
0.97%(+6.6%)
Dec 2017
0.90%(-2.2%)
0.91%(-13.3%)
Sep 2017
-
1.05%(0.0%)
Jun 2017
-
1.05%(+5.0%)
Mar 2017
-
1.00%(+5.3%)
Dec 2016
0.92%(+19.5%)
0.95%(+3.3%)
Sep 2016
-
0.92%(+9.5%)
Jun 2016
-
0.84%(+3.7%)
Mar 2016
-
0.81%(+3.8%)
Dec 2015
0.77%(+13.2%)
0.78%(+6.8%)
Sep 2015
-
0.73%(+2.8%)
Jun 2015
-
0.71%(+1.4%)
Mar 2015
-
0.70%(+1.4%)
Dec 2014
0.68%(+9.7%)
0.69%(0.0%)
Sep 2014
-
0.69%(+6.2%)
Jun 2014
-
0.65%(+1.6%)
Mar 2014
-
0.64%(+1.6%)
Dec 2013
0.62%(-73.2%)
0.63%(-66.3%)
Sep 2013
-
1.87%(-13.8%)
Jun 2013
-
2.17%(-1.4%)
Mar 2013
-
2.20%(-5.6%)
Dec 2012
2.31%(+507.9%)
2.33%(+130.7%)
Sep 2012
-
1.01%(+55.4%)
Jun 2012
-
0.65%(+10.2%)
Mar 2012
-
0.59%(+55.3%)
DateAnnualQuarterly
Dec 2011
0.38%(-136.2%)
0.38%(+5.6%)
Sep 2011
-
0.36%(+9.1%)
Jun 2011
-
0.33%(+17.9%)
Mar 2011
-
0.28%(-126.4%)
Dec 2010
-1.05%(-67.2%)
-1.06%(-33.3%)
Sep 2010
-
-1.59%(-39.8%)
Jun 2010
-
-2.64%(-36.8%)
Mar 2010
-
-4.18%(+32.3%)
Dec 2009
-3.20%(+76.8%)
-3.16%(-26.3%)
Sep 2009
-
-4.29%(+34.1%)
Jun 2009
-
-3.20%(+95.1%)
Mar 2009
-
-1.64%(+23.3%)
Dec 2008
-1.81%(-511.4%)
-1.33%(-838.9%)
Sep 2008
-
0.18%(-14.3%)
Jun 2008
-
0.21%(-34.4%)
Mar 2008
-
0.32%(-27.3%)
Dec 2007
0.44%(-56.4%)
0.44%(-37.1%)
Sep 2007
-
0.70%(-20.5%)
Jun 2007
-
0.88%(-8.3%)
Mar 2007
-
0.96%(-4.0%)
Dec 2006
1.01%(-14.4%)
1.00%(-14.5%)
Sep 2006
-
1.17%(-0.8%)
Jun 2006
-
1.18%(-0.8%)
Mar 2006
-
1.19%(+0.8%)
Dec 2005
1.18%(+42.2%)
1.18%(+2.6%)
Sep 2005
-
1.15%(+17.3%)
Jun 2005
-
0.98%(+8.9%)
Mar 2005
-
0.90%(+8.4%)
Dec 2004
0.83%(-8.8%)
0.83%(+7.8%)
Sep 2004
-
0.77%(-12.5%)
Jun 2004
-
0.88%(-1.1%)
Mar 2004
-
0.89%(-4.3%)
Dec 2003
0.91%(-11.7%)
0.93%(-4.1%)
Sep 2003
-
0.97%(0.0%)
Jun 2003
-
0.97%(-4.9%)
Mar 2003
-
1.02%(+2.0%)
Dec 2002
1.03%(+18.4%)
1.00%(+4.2%)
Sep 2002
-
0.96%(+5.5%)
Jun 2002
-
0.91%(+2.2%)
Mar 2002
-
0.89%(+1.1%)
Dec 2001
0.87%(+10.1%)
0.88%(+1.1%)
Sep 2001
-
0.87%(+1.2%)
Jun 2001
-
0.86%(+1.2%)
Mar 2001
-
0.85%(+11.8%)
Dec 2000
0.79%(+203.8%)
0.76%(+38.2%)
Sep 2000
-
0.55%(+66.7%)
Jun 2000
-
0.33%(+153.8%)
Mar 2000
-
0.13%
Dec 1999
0.26%(-119.7%)
-
Dec 1998
-1.32%
-

FAQ

  • What is Macatawa Bank annual return on assets?
  • What is the all time high annual ROA for Macatawa Bank?
  • What is Macatawa Bank annual ROA year-on-year change?
  • What is Macatawa Bank quarterly return on assets?
  • What is the all time high quarterly ROA for Macatawa Bank?
  • What is Macatawa Bank quarterly ROA year-on-year change?

What is Macatawa Bank annual return on assets?

The current annual ROA of MCBC is 1.53%

What is the all time high annual ROA for Macatawa Bank?

Macatawa Bank all-time high annual return on assets is 2.31%

What is Macatawa Bank annual ROA year-on-year change?

Over the past year, MCBC annual return on assets has changed by +0.34% (+28.57%)

What is Macatawa Bank quarterly return on assets?

The current quarterly ROA of MCBC is 1.53%

What is the all time high quarterly ROA for Macatawa Bank?

Macatawa Bank all-time high quarterly return on assets is 2.33%

What is Macatawa Bank quarterly ROA year-on-year change?

Over the past year, MCBC quarterly return on assets has changed by -0.05% (-3.16%)