Macatawa Bank Quick Ratio (MCBC) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
CSIMarket Company Name, Ticker, Competitors, else..
 


• Quick Ratio
• Working Capital
• LT Debt to Equity
• Debt to Equity
• Leverage Ratio
• Tangible Leverage
• Interest Coverage
• Debt Coverage
• Work. Cap. Per Revenue
Macatawa Bank Corp  (NASDAQ: MCBC)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial

Macatawa Bank's Quick Ratio

MCBC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 48.47 above Macatawa Bank Corp average.

Within Regional Banks industry 10 other companies have achieved higher Quick Ratio than Macatawa Bank in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 449 to 2979.

Explain Quick Ratio?
How much Cash & cash equivalents MCBC´s has?
What are MCBC´s Current Liabilities?



Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

MCBC Quick Ratio (Mar 31 2024)
Q1		 (Dec 31 2023)
Q4		 (Sep 30 2023)
Q3		 (Jun 30 2023)
Q2		 (Mar 31 2023)
Q1
Y / Y Current Liabilities Change 11.74 % 7.77 % 15.95 % 10.17 % -7.62 %
Y / Y Cash & cash equivalent Change -10.25 % 15.25 % 55.59 % -25.01 % -35.03 %
Quick Ratio MRQ 48.47 115.16 133.27 60.23 60.34
MCBC's Total Ranking # 2979 # 449 # 220 # 1079 # 184
Seq. Current Liabilities Change 10.38 % 11.49 % -4.32 % -5.1 % 6.45 %
Seq. Cash & cash equivalent Change -53.55 % -3.66 % 111.72 % -5.27 % -40.35 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Regional Banks Industry # 11
Financial Sector # 417
Overall Market # 2979


Quick Ratio Statistics
High Average Low
0.64 0.32 0.18
(Sep 30 2021)   (Sep 30 2016)




Financial Statements
Macatawa Bank's Current Liabilities $ 18 Millions Visit MCBC's Balance sheet
Macatawa Bank's Cash & cash equivalent $ 850 Millions Visit MCBC's Balance sheet
Source of MCBC's Sales Visit MCBC's Sales by Geography


Cumulative Macatawa Bank's Quick Ratio

MCBC's Quick Ratio for the trailling 12 Months

MCBC Quick Ratio

 (Mar 31 2024)
12 Months		 (Dec 31 2023)
12 Months		 (Sep 30 2023)
12 Months		 (Jun 30 2023)
12 Months		 (Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 11.24 % 5.54 % 9.15 % 7.88 % 8.02 %
Y / Y Cash & cash equivalent TTM Growth 10.59 % 2.03 % -4.5 % -22.6 % -22.6 %
Quick Ratio TTM 87.51 91.77 89.47 80.74 88.03
Total Ranking TTM # 1592 # 426 # 1672 # 1084 # 1701
Seq. Current Liabilities TTM Growth 3.03 % 1.92 % 3.4 % 2.44 % -2.25 %
Seq. Cash & cash equivalent TTM Growth -1.74 % 4.54 % 14.59 % -6.04 % -9.35 %

Quick ratio ranking by company, industry and sector >> Back to MCBC Financial Strength Comparisons >> Go to Compare MCBC Quick Ratio to its Competitors

On the trailing twelve months basis Due to increase in Current Liabilities in the Q1 2024 to $17.53 millions, cumulative Quick Ratio decreased to 87.51 above the MCBC average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry 10 other companies have achieved higher Quick Ratio than Macatawa Bank. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2023 from 426 to 1592.

Explain Quick Ratio?
How much Cash & cash equivalents MCBC´s has?
What are MCBC´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 11
Financial Sector # 417
Within the Market # 1592


trailing twelve months Quick Ratio Statistics
High Average Low
0.64 0.32 0.18
(Sep 30 2021)   (Sep 30 2016)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Regional Banks Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
Hills Bancorporation  118.01 $ 878.084  Millions$ 7.441  Millions
Horizon Bancorp Inc   112.69 $ 806.407  Millions$ 7.156  Millions
Cathay General Bancorp  106.50 $ 1,818.451  Millions$ 17.074  Millions
1895 Bancorp Of Wisconsin Inc   104.43 $ 129.390  Millions$ 1.239  Millions
Third Coast Bancshares Inc   91.33 $ 1,112.382  Millions$ 12.180  Millions
First Financial Bankshares Inc   88.64 $ 4,658.526  Millions$ 52.557  Millions
Metrocity Bankshares inc   87.98 $ 269.124  Millions$ 3.059  Millions
Bank7 Corp   87.45 $ 345.090  Millions$ 3.946  Millions
Central Pacific Financial Corp  83.11 $ 1,384.191  Millions$ 16.654  Millions
Village Bank and Trust Financial Corp   79.79 $ 32.396  Millions$ 0.406  Millions
Bank Of Hawaii Corporation  76.45 $ 14,904.379  Millions$ 194.949  Millions
Baycom Corp  74.64 $ 348.332  Millions$ 4.667  Millions
Cullman Bancorp Inc   72.76 $ 27.722  Millions$ 0.381  Millions
Uwharrie Capital Corp  53.81 $ 338.447  Millions$ 6.290  Millions
Macatawa Bank Corp  48.47 $ 849.695  Millions$ 17.532  Millions
PFS Bancorp, Inc.  42.82 $ 47.748  Millions$ 1.115  Millions
Columbia Banking System Inc   40.34 $ 8,616.545  Millions$ 213.573  Millions
Prosperity Bancshares Inc   39.66 $ 13,387.832  Millions$ 337.542  Millions
Red River Bancshares Inc   34.30 $ 545.967  Millions$ 15.919  Millions
Bridgewater Bancshares inc   32.54 $ 143.355  Millions$ 4.405  Millions
First Internet Bancorp  28.50 $ 482.431  Millions$ 16.927  Millions
First Bancorp  28.11 $ 5,735.183  Millions$ 204.033  Millions
Op Bancorp  26.61 $ 326.471  Millions$ 12.270  Millions
Popular Inc   24.61 $ 24,266.488  Millions$ 986.038  Millions
Acnb Corporation  24.57 $ 425.114  Millions$ 17.303  Millions
West Bancorporation Inc   22.02 $ 753.752  Millions$ 34.223  Millions
River Financial Corporation  20.97 $ 588.656  Millions$ 28.078  Millions
Chemung Financial Corp  20.75 $ 566.028  Millions$ 27.284  Millions
Gouverneur Bancorp, Inc./MD/  19.91 $ 72.890  Millions$ 3.661  Millions
Capital City Bank Group Inc   19.82 $ 632.027  Millions$ 31.886  Millions

Date modified: 2026-09-08T15:11:14+00:00



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.