Independent Bank (Michigan) (IBCP) - Market capitalization

Market cap: HK$6.13 Billion

As of November 2024 Independent Bank (Michigan) has a market cap of HK$6.13 Billion. This makes Independent Bank (Michigan) the world's 5924th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Independent Bank (Michigan) from 1996 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	HK$6.13 B	44.81%
2023	HK$4.23 B	7.57%
2022	HK$3.93 B	-0.09%
2021	HK$3.94 B	25.93%
2020	HK$3.12 B	-21.1%
2019	HK$3.96 B	2.18%
2018	HK$3.88 B	3.58%
2017	HK$3.74 B	4.81%
2016	HK$3.57 B	36.11%
2015	HK$2.62 B	13.03%
2014	HK$2.32 B	9.44%
2013	HK$2.12 B	759.61%
2012	HK$0.24 B	182.02%
2011	HK$87.58 M	10.14%
2010	HK$79.52 M	-40.72%
2009	HK$0.13 B	-65.08%
2008	HK$0.38 B	-77.1%
2007	HK$1.67 B	-62.7%
2006	HK$4.49 B	-3.13%
2005	HK$4.64 B	-7.28%
2004	HK$5.00 B	16.4%
2003	HK$4.30 B	53.35%
2002	HK$2.80 B	9.07%
2001	HK$2.57 B	43.82%
2000	HK$1.78 B	40.1%
1999	HK$1.27 B	10.21%
1998	HK$1.15 B	-19.54%
1997	HK$1.43 B	91.25%
1996	HK$0.75 B

End of Day market cap according to different sources

On Nov 21st, 2024 the market cap of Independent Bank (Michigan) was reported to be:

HK$6.14 Billion

by Nasdaq

HK$6.13 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Mercantile Bank MBWM	HK$6.15 B	0.44%	🇺🇸 USA
Macatawa Bank MCBC	HK$3.96 B	-35.39%	🇺🇸 USA
1st Source SRCE	HK$12.40 B	102.26%	🇺🇸 USA
Huntington Bancshares HBAN	HK$199.19 B	3,148.02%	🇺🇸 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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Market capitalization of Independent Bank (Michigan) (IBCP)

Market cap: HK$6.13 Billion