Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of June 2024 : S$6.87 B

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are S$6.87 B. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2023-12-31	S$6.95 B	3.72%
2022-12-31	S$6.70 B	5.64%
2021-12-31	S$6.34 B	14.16%
2020-12-31	S$5.55 B	15.95%
2019-12-31	S$4.79 B	4.94%
2018-12-31	S$4.56 B	22.44%
2017-12-31	S$3.73 B	1.13%
2016-12-31	S$3.68 B	8.16%
2015-12-31	S$3.41 B	14.8%
2014-12-31	S$2.97 B	6.1%
2013-12-31	S$2.80 B	13.07%
2012-12-31	S$2.47 B	-17.12%
2011-12-31	S$2.98 B	-8.54%
2010-12-31	S$3.26 B	-21.6%
2009-12-31	S$4.16 B	-1.97%
2008-12-31	S$4.25 B	-9.47%
2007-12-31	S$4.69 B	-10.72%
2006-12-31	S$5.25 B	-5.87%
2005-12-31	S$5.58 B	22.47%
2004-12-31	S$4.56 B	13.58%
2003-12-31	S$4.01 B	12.51%
2002-12-31	S$3.57 B	2.12%
2001-12-31	S$3.49 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Mercantile Bank MBWM	S$7.11 B	3.57%	🇺🇸 USA
Macatawa Bank MCBC	S$3.40 B	-50.45%	🇺🇸 USA
1st Source SRCE	S$11.56 B	68.22%	🇺🇸 USA
Huntington Bancshares HBAN	S$255.70 B	3,619.75%	🇺🇸 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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