Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of June 2024 : C$7.15 B

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are C$7.15 B. 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	C$6.98 B	2.9%
2022-12-31	C$6.78 B	13.94%
2021-12-31	C$5.95 B	11.06%
2020-12-31	C$5.36 B	16.01%
2019-12-31	C$4.62 B	1.02%
2018-12-31	C$4.57 B	30.44%
2017-12-31	C$3.50 B	2.38%
2016-12-31	C$3.42 B	2.39%
2015-12-31	C$3.34 B	28.27%
2014-12-31	C$2.60 B	10.93%
2013-12-31	C$2.35 B	16.56%
2012-12-31	C$2.01 B	-14.06%
2011-12-31	C$2.34 B	-7.51%
2010-12-31	C$2.53 B	-18.77%
2009-12-31	C$3.12 B	-13.51%
2008-12-31	C$3.61 B	13.45%
2007-12-31	C$3.18 B	-20.27%
2006-12-31	C$3.99 B	2.21%
2005-12-31	C$3.90 B	15.73%
2004-12-31	C$3.37 B	9.13%
2003-12-31	C$3.09 B	-4.8%
2002-12-31	C$3.24 B	8.02%
2001-12-31	C$3.00 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Mercantile Bank MBWM	C$7.41 B	3.57%	🇺🇸 USA
Macatawa Bank MCBC	C$3.54 B	-50.45%	🇺🇸 USA
1st Source SRCE	C$12.04 B	68.22%	🇺🇸 USA
Huntington Bancshares HBAN	C$266.27 B	3,619.75%	🇺🇸 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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