Valuation check: MCBC's profit margin is 33.29%, above the Finance sector average of 17.37%.
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+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
Macatawa Bank's profit margin stands at 33.29% as of March 2024. That compares with 39.33% in the prior-year period — down 15.4% year over year. That is above the Finance sector average of 17.37%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Macatawa Bank reported 33.29% in profit margin versus 39.33% a year earlier — a 15.4% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Macatawa Bank sits higher the Finance benchmark (17.37%) with a profit margin of 33.29%. That is roughly 91.6% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 33.29% for Macatawa Bank means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Macatawa Bank's profit margin evolved across reporting periods, while the comparison chart places MCBC next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.