MACATAWA BANK CORP Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Macatawa Bank Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Macatawa Bank Corp Return On Assets for the quarter ending March 31, 2024 was 1.53 %, a 4.8% increase year-over-year.
  • Macatawa Bank Corp annual Return On Assets for 2023 was 1.6 %, a 32.2% increase from 2022.
  • Macatawa Bank Corp annual Return On Assets for 2022 was 1.21 %, a 19.8% increase from 2021.
  • Macatawa Bank Corp annual Return On Assets for 2021 was 1.01 %, a 19.2% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.6 +0.39 +32.2% Jan 1, 2023 Dec 31, 2023
2022 1.21 +0.2 +19.8% Jan 1, 2022 Dec 31, 2022
2021 1.01 -0.24 -19.2% Jan 1, 2021 Dec 31, 2021
2020 1.25 -0.32 -20.3% Jan 1, 2020 Dec 31, 2020
2019 1.58 +0.19 +13.7% Jan 1, 2019 Dec 31, 2019
2018 1.38 +0.48 +53% Jan 1, 2018 Dec 31, 2018
2017 0.9 -0.05 -5.25% Jan 1, 2017 Dec 31, 2017
2016 0.95 +0.18 +23.3% Jan 1, 2016 Dec 31, 2016
2015 0.77 +0.08 +11.6% Jan 1, 2015 Dec 31, 2015
2014 0.69 +0.06 +9.53% Jan 1, 2014 Dec 31, 2014
2013 0.63 -1.7 -73.1% Jan 1, 2013 Dec 31, 2013
2012 2.33 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.