Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of September 2024 : $5.25 Billion USD

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are $5.25 Billion USD. 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	$5.26 B	5.28%
2022-12-31	$4.99 B	6.27%
2021-12-31	$4.70 B	11.91%
2020-12-31	$4.20 B	17.93%
2019-12-31	$3.56 B	6.3%
2018-12-31	$3.35 B	20.22%
2017-12-31	$2.78 B	9.43%
2016-12-31	$2.54 B	5.81%
2015-12-31	$2.40 B	7.13%
2014-12-31	$2.24 B	1.76%
2013-12-31	$2.20 B	9.19%
2012-12-31	$2.02 B	-12.29%
2011-12-31	$2.30 B	-8.99%
2010-12-31	$2.53 B	-14.5%
2009-12-31	$2.96 B	0.31%
2008-12-31	$2.95 B	-8.97%
2007-12-31	$3.24 B	-5.32%
2006-12-31	$3.42 B	2.21%
2005-12-31	$3.35 B	8.46%
2004-12-31	$3.09 B	31.1%
2003-12-31	$2.36 B	14.7%
2002-12-31	$2.05 B	8.95%
2001-12-31	$1.88 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Mercantile Bank MBWM	$5.91 B	12.51%	🇺🇸 USA
Macatawa Bank MCBC	$2.61 B	-50.28%	🇺🇸 USA
1st Source SRCE	$8.76 B	66.64%	🇺🇸 USA
Huntington Bancshares HBAN	$200.53 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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