Independent Bank (Michigan) (IBCP) - Total assets

Total assets on the balance sheet as of September 2024 : S$7.12 Billion

According to Independent Bank (Michigan)'s latest financial reports the company's total assets are S$7.12 Billion. 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	5.38%
2021-12-31	S$6.36 B	14.36%
2020-12-31	S$5.56 B	15.73%
2019-12-31	S$4.80 B	4.91%
2018-12-31	S$4.58 B	22.79%
2017-12-31	S$3.73 B	1.13%
2016-12-31	S$3.68 B	8.26%
2015-12-31	S$3.40 B	14.69%
2014-12-31	S$2.97 B	6.12%
2013-12-31	S$2.79 B	13.13%
2012-12-31	S$2.47 B	-17.17%
2011-12-31	S$2.98 B	-8.5%
2010-12-31	S$3.26 B	-21.56%
2009-12-31	S$4.16 B	-1.53%
2008-12-31	S$4.22 B	-9.53%
2007-12-31	S$4.67 B	-11.15%
2006-12-31	S$5.25 B	-5.87%
2005-12-31	S$5.58 B	10.7%
2004-12-31	S$5.04 B	25.88%
2003-12-31	S$4.00 B	12.32%
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$8.01 B	12.51%	🇺🇸 USA
Macatawa Bank MCBC	S$3.54 B	-50.28%	🇺🇸 USA
1st Source SRCE	S$11.87 B	66.64%	🇺🇸 USA
Huntington Bancshares HBAN	S$271.74 B	3,712.98%	🇺🇸 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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