Independent Bank (Michigan) (IBCP)

Number of shares outstanding as of December 2024 : 20,896,000

According to Independent Bank (Michigan)'s latest financial reports and stock price the company's current number of shares outstanding is 20,896,000. At the end of 2024 the company had 20,896,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Shares outstanding history for Independent Bank (Michigan) from 2010 to 2024

Shares Outstanding at the end of each year

Year	Shares Outstanding	Change
2024	20.89 M	0.27%
2023	20.84 M	-1.06%
2022	21.06 M	-0.9%
2021	21.25 M	-2.79%
2020	21.86 M	-2.74%
2019	22.48 M	-6.28%
2018	23.98 M	12.45%
2017	21.33 M	0.39%
2016	21.24 M	-4.78%
2015	22.31 M	-2.78%
2014	22.95 M	0.6%
2013	22.81 M	155.73%
2012	8.92 M	6.2%
2011	8.4 M	11.82%
2010	7.51 M

Shares Outstanding for similar companies or competitors

Company	Shares Outstanding	differencediff.	Country
Mercantile Bank MBWM	16,138,320	-22.77%	🇺🇸 USA
Macatawa Bank MCBC	34,361,562	64.44%	🇺🇸 USA
1st Source SRCE	24,514,144	17.32%	🇺🇸 USA
Huntington Bancshares HBAN	1,452,682,000	6,851.96%	🇺🇸 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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Number of shares outstanding for Independent Bank (Michigan) (IBCP)

Number of shares outstanding as of December 2024 : 20,896,000