During the past 12 months, Macatawa Bank's average Book Value per Share Growth Rate was 16.00% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 7.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 8.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Macatawa Bank was 26.00% per year. The lowest was -40.80% per year. And the median was 7.80% per year.
Competitive Comparison of Macatawa Bank's 3-Year Book Growth Rate
For the Banks - Regional subindustry, Macatawa Bank's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macatawa Bank's 3-Year Book Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Macatawa Bank's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Macatawa Bank's 3-Year Book Growth Rate falls into.
Macatawa Bank 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
Macatawa Bank (NAS:MCBC) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Macatawa Bank 3-Year Book Growth Rate Related Terms
Thank you for viewing the detailed overview of Macatawa Bank's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Macatawa Bank (Macatawa Bank) Business Description
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
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