Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of September 2024 : £4.17 Billion

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are £4.17 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	£4.13 B	-0.03%
2022-12-31	£4.13 B	18.57%
2021-12-31	£3.48 B	13.01%
2020-12-31	£3.08 B	13.46%
2019-12-31	£2.71 B	2.9%
2018-12-31	£2.64 B	28%
2017-12-31	£2.06 B	-0.09%
2016-12-31	£2.06 B	27.07%
2015-12-31	£1.62 B	12.55%
2014-12-31	£1.44 B	7.81%
2013-12-31	£1.33 B	7%
2012-12-31	£1.25 B	-15.65%
2011-12-31	£1.48 B	-9.61%
2010-12-31	£1.64 B	-10.38%
2009-12-31	£1.83 B	-9.15%
2008-12-31	£2.01 B	23.39%
2007-12-31	£1.63 B	-6.65%
2006-12-31	£1.75 B	-10.02%
2005-12-31	£1.94 B	20.75%
2004-12-31	£1.61 B	22.15%
2003-12-31	£1.31 B	2.82%
2002-12-31	£1.28 B	-1.48%
2001-12-31	£1.30 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Mercantile Bank MBWM	£4.70 B	12.51%	🇺🇸 USA
Macatawa Bank MCBC	£2.07 B	-50.28%	🇺🇸 USA
1st Source SRCE	£6.96 B	66.64%	🇺🇸 USA
Huntington Bancshares HBAN	£159.29 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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