Independent Bank (Michigan) (IBCP) - Net assets

Net assets on the balance sheet as of September 2025 : HK$3.82 Billion

According to Independent Bank (Michigan)'s latest financial reports the company has HK$3.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Independent Bank (Michigan) - Net assets on balance sheet (from 2001 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$3.52 B	11.75%
2023-12-31	$HK$3.15 B	16.31%
2022-12-31	$HK$2.71 B	-12.59%
2021-12-31	$HK$3.10 B	2.9%
2020-12-31	$HK$3.01 B	10.73%
2019-12-31	$HK$2.72 B	2.73%
2018-12-31	$HK$2.65 B	28.25%
2017-12-31	$HK$2.06 B	7.21%
2016-12-31	$HK$1.93 B	-0.79%
2015-12-31	$HK$1.94 B	0.21%
2014-12-31	$HK$1.94 B	8.14%
2013-12-31	$HK$1.79 B	71.64%
2012-12-31	$HK$1.04 B	31.25%
2011-12-31	$HK$0.79 B	-13.99%
2010-12-31	$HK$0.92 B	8.79%
2009-12-31	$HK$0.85 B	-43.43%
2008-12-31	$HK$1.50 B	-19.69%
2007-12-31	$HK$1.87 B	-6.61%
2006-12-31	$HK$2.00 B	4.32%
2005-12-31	$HK$1.92 B	7.55%
2004-12-31	$HK$1.78 B	42.33%
2003-12-31	$HK$1.25 B	16.8%
2002-12-31	$HK$1.07 B	4.67%
2001-12-31	$HK$1.02 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mercantile Bank MBWM	HK$5.11 B	34.01%	🇺🇸 USA
Macatawa Bank MCBC	HK$2.28 B	-40.30%	🇺🇸 USA
1st Source SRCE	HK$10.05 B	163.16%	🇺🇸 USA
Huntington Bancshares HBAN	HK$173.48 B	4,441.29%	🇺🇸 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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