RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Macatawa Bank - Stock

Macatawa Bank ROA 2024

Macatawa Bank ROA

0.02

Macatawa Bank Dividend yield

2.38 %

Ticker

MCBC

ISIN

US5542251021

WKN

675406

In 2024, Macatawa Bank's return on assets (ROA) was 0.02, a 31.62% increase from the 0.01 ROA in the previous year.

Macatawa Bank Aktienanalyse

What does Macatawa Bank do?

Macatawa Bank Corp is a US bank founded in 1997. The bank is named after the area in Michigan where it is located - Macatawa is the name of a river in the region. The bank's headquarters is in Holland, Michigan, and it operates a total of 26 branches in various cities and communities in the region. The business model of Macatawa Bank Corp is to offer a comprehensive range of banking and financial services to both private and business customers. The products and services offered include checking accounts, savings accounts, loans, mortgages, investment advice, insurance, online banking, and mobile banking services. The bank strives to provide its customers with a high level of service quality and personal attention. The bank operates in four main business areas. The first area is retail banking. Here, the bank offers checking accounts, savings accounts, loans, and mortgages for retail customers. The goal is to provide customers with easy and convenient access to the desired banking and financial services. The second area is commercial banking. Here, the bank offers financial services to businesses, including loans, accounts, and treasury management services. The bank aims to understand the needs of businesses and provide tailored solutions. The third area is wealth management. Here, the bank offers investment advice and asset management services to clients who require a higher level of expertise and personalization in their financial affairs. The bank provides a team of fiduciary specialists to ensure that client investments are effectively and securely managed. The fourth area is online and mobile banking. Here, the bank offers a comprehensive online platform where customers can conveniently conduct their banking transactions from home or on the go. The platform includes features such as online banking, mobile banking, cash management tools, mobile payments, and integration with third-party providers such as PayPal and Venmo. Macatawa Bank Corp places great importance on working with local communities and promoting their growth and development. The bank has established a volunteer community foundation to support local non-profit organizations and programs. The bank also offers special loan programs and other resources for local businesses to promote their growth. Overall, Macatawa Bank Corp has earned an excellent reputation as a trusted financial service provider with a strong commitment to customer loyalty and community engagement. The bank takes pride in understanding its customers and providing them with the technological and financial resources to achieve their goals. Macatawa Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Macatawa Bank's Return on Assets (ROA)

Macatawa Bank's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Macatawa Bank's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Macatawa Bank's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Macatawa Bank’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Macatawa Bank Stock

What is the Return on Assets (ROA) of Macatawa Bank this year?

The Return on Assets (ROA) of Macatawa Bank is 0.02 undefined this year.

What was the ROA of Macatawa Bank compared to the previous year?

The ROA of Macatawa Bank has increased by 31.62% compared to the previous year.

What consequences do high ROA have for investors of Macatawa Bank?

A high ROA is advantageous for investors of Macatawa Bank, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Macatawa Bank?

A low ROA can be unfavorable for investors of Macatawa Bank as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Macatawa Bank affect the company?

An increase in ROA of Macatawa Bank can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Macatawa Bank impact the company?

A reduction in the ROA of Macatawa Bank can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Macatawa Bank?

Some factors that can influence the ROA of Macatawa Bank include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Macatawa Bank important for investors?

The ROA of Macatawa Bank is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Macatawa Bank take to improve ROA?

To improve ROA, Macatawa Bank can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Macatawa Bank pay?

Over the past 12 months, Macatawa Bank paid a dividend of 0.33 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Macatawa Bank is expected to pay a dividend of 0.36 USD.

What is the dividend yield of Macatawa Bank?

The current dividend yield of Macatawa Bank is 2.38 %.

When does Macatawa Bank pay dividends?

Macatawa Bank pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Macatawa Bank?

Macatawa Bank paid dividends every year for the past 12 years.

What is the dividend of Macatawa Bank?

For the upcoming 12 months, dividends amounting to 0.36 USD are expected. This corresponds to a dividend yield of 2.6 %.

In which sector is Macatawa Bank located?

Macatawa Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Macatawa Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Macatawa Bank from 5/30/2024 amounting to 0.09 USD, you needed to have the stock in your portfolio before the ex-date on 5/10/2024.

When did Macatawa Bank pay the last dividend?

The last dividend was paid out on 5/30/2024.

What was the dividend of Macatawa Bank in the year 2023?

In the year 2023, Macatawa Bank distributed 0.32 USD as dividends.

In which currency does Macatawa Bank pay out the dividend?

The dividends of Macatawa Bank are distributed in USD.

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Andere Kennzahlen von Macatawa Bank

Our stock analysis for Macatawa Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Macatawa Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.