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Independent Bank (Michigan)
IBCP
#5917
Rank
HK$6.13 B
Marketcap
🇺🇸 United States
Country
HK$293.55
Share price
-1.10%
Change (1 day)
79.96%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Independent Bank (Michigan) (IBCP) - Net assets

Net assets on the balance sheet as of September 2024 : HK$3.51 Billion

According to Independent Bank (Michigan)'s latest financial reports the company has HK$3.51 Billion 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$3.10 B2.9%
2020-12-31$HK$3.01 B10.73%
2019-12-31$HK$2.72 B2.73%
2018-12-31$HK$2.65 B28.25%
2017-12-31$HK$2.06 B7.21%
2016-12-31$HK$1.93 B-0.79%
2015-12-31$HK$1.94 B0.21%
2014-12-31$HK$1.94 B8.14%
2013-12-31$HK$1.79 B71.64%
2012-12-31$HK$1.04 B31.25%
2011-12-31$HK$0.79 B-13.99%
2010-12-31$HK$0.92 B8.79%
2009-12-31$HK$0.85 B-43.43%
2008-12-31$HK$1.50 B-19.69%
2007-12-31$HK$1.87 B-6.61%
2006-12-31$HK$2.00 B4.32%
2005-12-31$HK$1.92 B7.55%
2004-12-31$HK$1.78 B42.33%
2003-12-31$HK$1.25 B16.8%
2002-12-31$HK$1.07 B4.67%
2001-12-31$HK$1.02 B

Net assets for similar companies or competitors

Company Net assets differencediff. Country
Mercantile Bank
MBWM
HK$4.53 B 28.95%🇺🇸 USA
Macatawa Bank
MCBC
HK$2.27 B-35.24%🇺🇸 USA
1st Source
SRCE
HK$9.14 B 159.79%🇺🇸 USA
Huntington Bancshares
HBAN
HK$160.67 B 4,465.30%🇺🇸 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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