Independent Bank (Michigan) (IBCP) - Net assets

Net assets on the balance sheet as of September 2025 : ₹44.08 Billion

According to Independent Bank (Michigan)'s latest financial reports the company has ₹44.08 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	$₹39.00 B	15.85%
2023-12-31	$₹33.66 B	17.06%
2022-12-31	$₹28.76 B	-3.02%
2021-12-31	$₹29.65 B	4.12%
2020-12-31	$₹28.48 B	14.08%
2019-12-31	$₹24.97 B	5.35%
2018-12-31	$₹23.70 B	40.12%
2017-12-31	$₹16.91 B	-0.02%
2016-12-31	$₹16.91 B	1.4%
2015-12-31	$₹16.68 B	5.16%
2014-12-31	$₹15.86 B	10.91%
2013-12-31	$₹14.30 B	93.59%
2012-12-31	$₹7.39 B	36.13%
2011-12-31	$₹5.42 B	1.74%
2010-12-31	$₹5.33 B	4.68%
2009-12-31	$₹5.09 B	-45.58%
2008-12-31	$₹9.36 B	-0.76%
2007-12-31	$₹9.43 B	-17.45%
2006-12-31	$₹11.43 B	2.35%
2005-12-31	$₹11.17 B	12.01%
2004-12-31	$₹9.97 B	35.04%
2003-12-31	$₹7.38 B	11.57%
2002-12-31	$₹6.61 B	4.01%
2001-12-31	$₹6.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mercantile Bank MBWM	₹59.07 B	34.01%	🇺🇸 USA
Macatawa Bank MCBC	₹26.31 B	-40.30%	🇺🇸 USA
1st Source SRCE	₹116.01 B	163.16%	🇺🇸 USA
Huntington Bancshares HBAN	₹2.002 T	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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