Macatawa Bank Corp (MCBC) Return on Investment ROI from the first quarter of 2024 to first quarter of 2023 and for the year 2024, average high and low, overall ranking from Mar 31 2024 to Mar 31 2023 - CSIMarket
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Macatawa Bank Corp  (NASDAQ: MCBC)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Macatawa Bank's ROI from its first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Macatawa Bank's ROI in the first quarter of 2024?
Macatawa Bank Corp achieved a return on average invested assets (ROI) of 1.53 % in its first quarter of 2024, which is below Macatawa Bank's average return on investment, which stands at 7.83%.

ROI fell compared to the fourth quarter of 2023, despite the net income growth of 3.14% from the fourth quarter of 2023.

Within the Financial sector 352 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the fourth quarter of 2023 from 1606 to 1914.

Definition and Formula of Return on Investment



Return On Investment (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Investment Change TTM 24.72 % 72.95 % 205.61 % 919.45 % 679.83 %
Y / Y Net Income Change TTM 0.68 % 24.45 % 102.75 % 253.91 % 578.92 %
Investment (TTM) in Millions 2,615 2,749 2,760 2,630 2,637
Return On Investment (TTM) 1.53 % 1.6 % 1.68 % 1.62 % 1.89 %
MCBC's Overall Ranking # 1914 # 1606 # 1693 # 2027 # 1432
Seq. Investment Change TTM -0.21 % -1.45 % -0.68 % 27.69 % 38.38 %
Seq. Net Income Change TTM -5.12 % -5.72 % 3.08 % 9.19 % 17.29 %
Net Income (TTM) in Millions 41 43 46 44 41




Return On Investment MCBC's Ranking
Within: No.
Industry # 20
Sector # 353
Overall # 1914

Return On Investment Statistics
High Average Low
12.33 %
7.83 %
1.53 %
(Dec 31 2019)   (Mar 31 2024)







Financial Statements
Macatawa Bank's I. Quarter Investments $ 2,615 Millions MCBC's Balance sheet
Macatawa Bank's I. Quarter Income $ 10 Millions Quarterly MCBC's Income Statement
MCBC's Income by Division See MCBC's Income by Division


MCBC Annual Return On Investment (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Investments in Millions 2,749 2,907 254 260 238
Y / Y Investment Growth -5.44 % 1044.43 % -2.48 % 9.4 % -18.49 %
Net Income in Millions 43 35 29 30 32
Y / Y Net Income Growth 24.45 % 19.7 % -3.82 % -5.67 % 21.23 %
Annual Return On Investment 1.57 % 1.19 % 11.42 % 11.58 % 13.43 %


Annual Roi Comment
In the fiscal year 2023 ROI improved to 1.57 % compared to the prior year, due to net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Regional Banks Industry Roi Trends and Statistics
Financial Sector Return On Investment Statistics
Roi Trends for overall market
MCBC's Roi Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Subscribers only: Roi for MCBC's Competitors
Subscribers only: Roi for Macatawa Bank's Suppliers
Subscribers only: Return On Investment for MCBC's Customers

Other Ratios
MCBC's Roa MCBC's Inventory Turnover Ratio MCBC's Growth Rates MCBC's Dividend Statistics
MCBC's Profitability Ratios MCBC's Asset Turnover Ratio MCBC's Dividend Growth
MCBC's Roe MCBC's Valuation Ratios MCBC's Financial Strength Ratios MCBC's Dividend Payout Ratio



Companies with similar Return On Investment at Mar 31 2024, within Financial Sector ROI
Essential Properties Realty Trust Inc   4.18 %
Tanger Inc  4.18 %
W R Berkley Corp  4.18 %
Abrdn Silver Etf Trust  4.16 %
Chubb Limited  4.15 %
Hhg Capital Corporation  4.14 %
Ha Sustainable Infrastructure Capital Inc   4.05 %
Open Lending Corporation  4.05 %
Metal Sky Star Acquisition Corporation  4.02 %
Atlanticus Holdings Corp  4.02 %
Enova International Inc   4.01 %
Legato Merger Corp Iii  3.99 %
Apple Hospitality Reit Inc   3.98 %
Four Corners Property Trust Inc   3.97 %
Primerica Inc   3.97 %
Franklin Resources Inc   3.96 %
Virtus Investment Partners Inc   3.95 %
Swk Holdings Corporation  3.95 %
Alchemy Investments Acquisition Corp 1  3.93 %
Enstar Group Ltd  3.92 %
One Liberty Properties Inc  3.91 %
Site Centers Corp   3.91 %
Evergreen Corporation  3.89 %
Integral Acquisition Corporation 1  3.89 %
Equity Commonwealth  3.88 %
Crown Castle Inc   3.87 %
First Industrial Realty Trust Inc   3.80 %
Dp Cap Acquisition Corp I  3.80 %
The Cigna Group  3.75 %
Globe Life Inc   3.66 %


Date modified: 2026-07-06T16:35:24+00:00



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