Macatawa Bank Corp Asset Turnover Ratio (MCBC), as of first quarter 2024, current and historic results, rankings and more - CSIMarket
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Macatawa Bank Corp  (NASDAQ: MCBC)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Macatawa Bank Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Macatawa Bank's asset turnover ratio has remained unchanged compare to previous quarter at 0.04 in the first quarter (Mar 31 2024)

Within sector 113 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the First Quarter 2024 compared to the preceding quarter from 2755 to 3645.

Asset Turnover Ratio Definition



MCBC Asset Turnover Ratio (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 Asset Change -0.79 % -5.31 % -2.57 % -3.49 % -8.17 %
Y / Y Revenue Change -6.47 % -6.54 % 9.53 % 27.46 % 41.89 %
Asset Turnover Ratio (TTM) 0.04 0.04 0.04 0.04 0.04
MCBC's Total Ranking # 3645 # 2755 # 3530 # 1639 # 3221
Seq. Asset Change -4.76 % -0.38 % 4.83 % -0.24 % -9.1 %
Seq. Revenue Change -1.31 % -4.76 % 6.09 % -6.21 % -1.39 %



Asset Turnover Ratio Company Ranking
Within: No.
Regional Banks Industry # 114
Financial Sector # 603
Overall Market # 3645

Asset Turnover Ratio Statistics
High Average Low
4.93 3.24 0.07
(Dec 31 2019)   (Mar 31 2022)







Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2024, within Financial Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Assets at quarter ending Mar 31 2024
Onemain Holdings Inc   0.11 $ 2,557.000  Millions$ 23,964.750  Millions
Jbg Smith Properties  0.11 $ 596.420  Millions$ 5,593.409  Millions
Cohen and Co Inc   0.11 $ 92.721  Millions$ 872.803  Millions
Cousins Properties Inc  0.11 $ 809.387  Millions$ 7,624.637  Millions
Utg Inc   0.11 $ 45.101  Millions$ 424.949  Millions
Four Corners Property Trust Inc   0.11 $ 257.121  Millions$ 2,427.030  Millions
Synchrony Financial  0.11 $ 12,175.000  Millions$ 115,072.000  Millions
Omega Healthcare Investors Inc   0.11 $ 974.837  Millions$ 9,239.649  Millions
Pacific Oak Strategic Opportunity Reit Inc   0.10 $ 142.290  Millions$ 1,355.936  Millions
Douglas Emmett Inc   0.10 $ 1,013.064  Millions$ 9,685.557  Millions
Rithm Capital Corp   0.10 $ 4,079.889  Millions$ 39,064.068  Millions
Independence Realty Trust Inc   0.10 $ 660.142  Millions$ 6,337.053  Millions
Healthcare Realty Trust Incorporated  0.10 $ 1,337.649  Millions$ 12,854.033  Millions
Inventrust Properties Corp   0.10 $ 260.269  Millions$ 2,507.621  Millions
Presidio Property Trust Inc   0.10 $ 17.882  Millions$ 173.587  Millions
Athene Holding Ltd  0.10 $ 29,855.000  Millions$ 290,089.500  Millions
The Howard Hughes Corporation  0.10 $ 976.077  Millions$ 9,586.812  Millions
Caterpillar Financial Services Corporation  0.10 $ 3,333.000  Millions$ 32,921.250  Millions
Easterly Government Properties Inc   0.10 $ 288.807  Millions$ 2,864.002  Millions
Metlife Inc   0.10 $ 67,574.000  Millions$ 673,639.750  Millions
Kimco Realty Corporation  0.10 $ 1,844.262  Millions$ 18,404.870  Millions
Tectonic Financial Inc   0.10 $ 66.642  Millions$ 665.108  Millions
Assured Guaranty ltd   0.10 $ 1,335.000  Millions$ 13,375.750  Millions
Man Ahl Diversified I Lp  0.10 $ 9.289  Millions$ 93.717  Millions
Kilroy Realty Corporation  0.10 $ 1,115.473  Millions$ 11,345.600  Millions
Nnn Reit Inc   0.10 $ 839.410  Millions$ 8,568.738  Millions
Ameriprise Financial Inc   0.10 $ 16,576.000  Millions$ 172,484.750  Millions
Highlands Reit Inc   0.09 $ 32.600  Millions$ 344.395  Millions
Strive Inc   0.09 $ 0.341  Millions$ 3.615  Millions
W P Carey Inc   0.09 $ 1,703.366  Millions$ 18,323.714  Millions



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