Macatawa Bank Corp (MCBC)
14.42
+0.12
(+0.84%)
USD |
NASDAQ |
May 03, 16:00
14.41
-0.01
(-0.07%)
After-Hours: 20:00
Macatawa Bank Profit Margin (Quarterly): 39.20% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 39.20% |
| December 31, 2023 | 36.94% |
| September 30, 2023 | 43.18% |
| June 30, 2023 | 40.67% |
| March 31, 2023 | 44.86% |
| December 31, 2022 | 44.06% |
| September 30, 2022 | 41.41% |
| June 30, 2022 | 33.56% |
| March 31, 2022 | 34.77% |
| December 31, 2021 | 34.94% |
| September 30, 2021 | 36.84% |
| June 30, 2021 | 38.63% |
| March 31, 2021 | 37.63% |
| December 31, 2020 | 38.77% |
| September 30, 2020 | 34.90% |
| June 30, 2020 | 37.12% |
| March 31, 2020 | 32.24% |
| December 31, 2019 | 40.13% |
| September 30, 2019 | 39.41% |
| June 30, 2019 | 38.62% |
| March 31, 2019 | 38.16% |
| December 31, 2018 | 34.64% |
| September 30, 2018 | 35.55% |
| June 30, 2018 | 35.89% |
| March 31, 2018 | 32.74% |
| Date | Value |
|---|---|
| December 31, 2017 | 12.58% |
| September 30, 2017 | 28.19% |
| June 30, 2017 | 27.75% |
| March 31, 2017 | 26.89% |
| December 31, 2016 | 24.33% |
| September 30, 2016 | 27.86% |
| June 30, 2016 | 24.04% |
| March 31, 2016 | 21.81% |
| December 31, 2015 | 24.77% |
| September 30, 2015 | 20.70% |
| June 30, 2015 | 21.29% |
| March 31, 2015 | 19.97% |
| December 31, 2014 | 16.39% |
| September 30, 2014 | 19.91% |
| June 30, 2014 | 20.28% |
| March 31, 2014 | 18.99% |
| December 31, 2013 | 16.57% |
| September 30, 2013 | 17.62% |
| June 30, 2013 | 18.57% |
| March 31, 2013 | 17.54% |
| December 31, 2012 | |
| September 30, 2012 | 38.79% |
| June 30, 2012 | 24.36% |
| March 31, 2012 | 34.22% |
| December 31, 2011 | 19.70% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
32.24%
Minimum
Mar 2020
44.86%
Maximum
Mar 2023
38.39%
Average
38.63%
Median
Profit Margin (Quarterly) Benchmarks
| Wintrust Financial Corp | 30.97% |
| Truist Financial Corp | 24.84% |
| Heartland Financial USA Inc | 28.46% |
| UMB Financial Corp | 30.61% |
| Bar Harbor Bankshares Inc | 27.55% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.92% |
| Return on Assets | 1.53% |
| Return on Invested Capital | 13.54% |
| Return on Net Operating Assets | 84.57% |