Independent Bank (Michigan) (IBCP) - Market capitalization

Market cap: NZ$1.34 Billion

As of November 2024 Independent Bank (Michigan) has a market cap of NZ$1.34 Billion. This makes Independent Bank (Michigan) the world's 5921th 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 2024

End of year Market Cap

Year	Marketcap	Change
2024	NZ$1.34 B	57.11%
2023	NZ$0.85 B	8.04%
2022	NZ$0.79 B	7.27%
2021	NZ$0.73 B	32.26%
2020	NZ$0.55 B	-26.01%
2019	NZ$0.75 B	2.32%
2018	NZ$0.73 B	9.42%
2017	NZ$0.67 B	1.46%
2016	NZ$0.66 B	34.42%
2015	NZ$0.49 B	29.49%
2014	NZ$0.38 B	14.75%
2013	NZ$0.33 B	760.18%
2012	NZ$38.73 M	168.1%
2011	NZ$14.44 M	9.09%
2010	NZ$13.24 M	-44.39%
2009	NZ$23.81 M	-72.19%
2008	NZ$85.66 M	-69.5%
2007	NZ$0.28 B	-65.78%
2006	NZ$0.82 B	-6.31%
2005	NZ$0.87 B	-2.98%
2004	NZ$0.90 B	5.77%
2003	NZ$0.85 B	24.21%
2002	NZ$0.68 B	-13.47%
2001	NZ$0.79 B	53.52%
2000	NZ$0.51 B	64.57%
1999	NZ$0.31 B	10.83%
1998	NZ$0.28 B	-11.38%
1997	NZ$0.32 B	132.4%
1996	NZ$0.13 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Independent Bank (Michigan) was reported to be:

NZ$1.32 Billion

by Nasdaq

NZ$1.32 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Mercantile Bank MBWM	NZ$1.35 B	0.25%	🇺🇸 USA
Macatawa Bank MCBC	NZ$0.86 B	-35.57%	🇺🇸 USA
1st Source SRCE	NZ$2.72 B	101.90%	🇺🇸 USA
Huntington Bancshares HBAN	NZ$44.11 B	3,174.42%	🇺🇸 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: NZ$1.34 Billion