Independent Bank (Michigan) (IBCP) - Market capitalization

Market cap: ₹60.72 Billion

As of March 2025 Independent Bank (Michigan) has a market cap of ₹60.72 Billion. This makes Independent Bank (Michigan) the world's 6204th 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 2025

End of year Market Cap

Year	Marketcap	Change
2025	₹60.72 B	-2.34%
2024	₹62.17 B	37.74%
2023	₹45.14 B	8.27%
2022	₹41.69 B	10.85%
2021	₹37.61 B	27.42%
2020	₹29.51 B	-18.71%
2019	₹36.31 B	4.78%
2018	₹34.65 B	13.17%
2017	₹30.62 B	-2.26%
2016	₹31.32 B	39.11%
2015	₹22.52 B	18.61%
2014	₹18.98 B	12.24%
2013	₹16.91 B	869.54%
2012	₹1.74 B	192.49%
2011	₹0.59 B	30.28%
2010	₹0.45 B	-42.96%
2009	₹0.80 B	-66.4%
2008	₹2.38 B	-71.7%
2007	₹8.44 B	-67.03%
2006	₹25.61 B	-4.96%
2005	₹26.94 B	-3.43%
2004	₹27.90 B	10.43%
2003	₹25.26 B	46.48%
2002	₹17.24 B	8.38%
2001	₹15.91 B	48.72%
2000	₹10.70 B	49.82%
1999	₹7.14 B	12.37%
1998	₹6.35 B	-12.93%
1997	₹7.30 B	108.68%
1996	₹3.49 B

End of Day market cap according to different sources

On Mar 3rd, 2025 the market cap of Independent Bank (Michigan) was reported to be:

₹61.47 Billion

by Nasdaq

₹61.48 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Mercantile Bank MBWM	₹67.28 B	10.80%	🇺🇸 USA
Macatawa Bank MCBC	₹44.42 B	-26.85%	🇺🇸 USA
1st Source SRCE	₹138.43 B	127.97%	🇺🇸 USA
Huntington Bancshares HBAN	₹2.035 T	3,252.33%	🇺🇸 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: ₹60.72 Billion