Latest gross profit for MCBC: $120M, below the Finance sector average of $760B.
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+ FollowAs of Mar 31, 2024
Trailing 12 months ending Mar 31, 2024
The latest gross profit for MCBC is $120M as of March 2024. That compares with $100M in the prior-year period — up 14.9% year over year. That is below the Finance sector average of $760B. Investors often review this figure alongside Macatawa Bank's historical trend and sector peers before judging valuation or financial health.
Over the past year, MCBC's gross profit moved from $100M to $120M — a 14.9% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Macatawa Bank's operating scale or balance-sheet position.
Against Finance companies, MCBC currently prints $120M for gross profit, while the sector average sits near $760B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Macatawa Bank's growth, margins, and balance sheet.
A gross profit figure of $120M for MCBC is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Finance average is about $760B. Explore the charts below for those layers of context.
After noting MCBC's gross profit ($120M), review year-over-year change from $100M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.