Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of September 2024 : A$8.45 Billion

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are A$8.45 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Independent Bank (Michigan) - Total assets on balance sheet (from 2001 to 2024)

Total assets by year

Year	Total assets	Change
2023-12-31	A$7.72 B	5.16%
2022-12-31	A$7.34 B	13.22%
2021-12-31	A$6.48 B	18.69%
2020-12-31	A$5.46 B	7.38%
2019-12-31	A$5.09 B	6.96%
2018-12-31	A$4.75 B	33.23%
2017-12-31	A$3.57 B	1.04%
2016-12-31	A$3.53 B	6.93%
2015-12-31	A$3.30 B	20.35%
2014-12-31	A$2.74 B	10.9%
2013-12-31	A$2.47 B	27.22%
2012-12-31	A$1.94 B	-13.46%
2011-12-31	A$2.25 B	-9.84%
2010-12-31	A$2.49 B	-24.39%
2009-12-31	A$3.30 B	-21.22%
2008-12-31	A$4.19 B	12.81%
2007-12-31	A$3.71 B	-14.63%
2006-12-31	A$4.35 B	-5.13%
2005-12-31	A$4.58 B	14.71%
2004-12-31	A$3.99 B	25.92%
2003-12-31	A$3.17 B	-13.06%
2002-12-31	A$3.65 B	-1.3%
2001-12-31	A$3.70 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Mercantile Bank MBWM	A$9.51 B	12.51%	🇺🇸 USA
Macatawa Bank MCBC	A$4.20 B	-50.28%	🇺🇸 USA
1st Source SRCE	A$14.08 B	66.64%	🇺🇸 USA
Huntington Bancshares HBAN	A$322.31 B	3,712.98%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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