companies: 9,734     total market cap: HK$868.833 T
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Independent Bank (Michigan)
IBCP
#5941
Rank
HK$5.74 B
Marketcap
🇺🇸 USA
Country
HK$274.93
Share price
2.83%
Change (1 day)
92.02%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Independent Bank (Michigan) (IBCP) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.35 B

According to Independent Bank (Michigan)'s latest financial reports the company has HK$3.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Independent Bank (Michigan) - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year Net assets Change
2023-12-31$HK$3.15 B16.31%
2022-12-31$HK$2.71 B-12.59%
2021-12-31$HK$3.10 B2.88%
2020-12-31$HK$3.02 B10.73%
2019-12-31$HK$2.72 B2.75%
2018-12-31$HK$2.65 B28.24%
2017-12-31$HK$2.06 B7.21%
2016-12-31$HK$1.93 B-0.79%
2015-12-31$HK$1.94 B0.18%
2014-12-31$HK$1.94 B8.17%
2013-12-31$HK$1.79 B71.65%
2012-12-31$HK$1.04 B31.25%
2011-12-31$HK$0.79 B-13.98%
2010-12-31$HK$0.92 B8.76%
2009-12-31$HK$0.85 B-43.59%
2008-12-31$HK$1.51 B-19.54%
2007-12-31$HK$1.87 B-6.52%
2006-12-31$HK$2.00 B4.32%
2005-12-31$HK$1.92 B19.4%
2004-12-31$HK$1.61 B28.01%
2003-12-31$HK$1.25 B16.97%
2002-12-31$HK$1.07 B4.68%
2001-12-31$HK$1.02 B

Net assets for similar companies or competitors

Company Net assets differencediff. Country
Mercantile Bank
MBWM
HK$4.18 B 24.67%🇺🇸 USA
Macatawa Bank
MCBC
HK$2.28 B-31.94%🇺🇸 USA
1st Source
SRCE
HK$8.69 B 158.99%🇺🇸 USA
Huntington Bancshares
HBAN
HK$152.49 B 4,444.68%🇺🇸 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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