Market capitalization of Independent Bank (Michigan) (IBCP)

Market cap: ₹67.88 Billion

As of January 2026 Independent Bank (Michigan) has a market cap of ₹67.88 Billion. This makes Independent Bank (Michigan) the world's 6555th 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 2026

End of year Market Cap

Year	Marketcap	Change
2026	₹67.88 B	10.26%
2025	₹61.57 B	-0.98%
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 Jan 21st, 2026 the market cap of Independent Bank (Michigan) was reported to be:

₹66.42 Billion

by Nasdaq

₹66.48 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Mercantile Bank MBWM	₹85.13 B	25.41%	🇺🇸 USA
Macatawa Bank MCBC	₹46.64 B	-31.29%	🇺🇸 USA
1st Source SRCE	₹153.50 B	126.11%	🇺🇸 USA
Huntington Bancshares HBAN	₹2.618 T	3,757.37%	🇺🇸 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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