Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of September 2024 : C$7.55 Billion

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are C$7.55 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	C$6.98 B	2.9%
2022-12-31	C$6.78 B	13.15%
2021-12-31	C$5.99 B	11.86%
2020-12-31	C$5.36 B	15.14%
2019-12-31	C$4.65 B	1.92%
2018-12-31	C$4.56 B	30.25%
2017-12-31	C$3.50 B	2.38%
2016-12-31	C$3.42 B	2.5%
2015-12-31	C$3.34 B	28.06%
2014-12-31	C$2.60 B	10.93%
2013-12-31	C$2.35 B	16.89%
2012-12-31	C$2.01 B	-14.25%
2011-12-31	C$2.34 B	-7.38%
2010-12-31	C$2.53 B	-18.78%
2009-12-31	C$3.12 B	-13.2%
2008-12-31	C$3.59 B	10.95%
2007-12-31	C$3.23 B	-18.87%
2006-12-31	C$3.99 B	2.21%
2005-12-31	C$3.90 B	5.13%
2004-12-31	C$3.71 B	21.38%
2003-12-31	C$3.06 B	-5.79%
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$8.50 B	12.51%	🇺🇸 USA
Macatawa Bank MCBC	C$3.75 B	-50.28%	🇺🇸 USA
1st Source SRCE	C$12.59 B	66.64%	🇺🇸 USA
Huntington Bancshares HBAN	C$288.12 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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