Independent Bank (Michigan) (IBCP) - Net assets

Net assets on the balance sheet as of September 2025 : NZ$0.84 Billion

According to Independent Bank (Michigan)'s latest financial reports the company has NZ$0.84 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	$NZ$0.80 B	26.06%
2023-12-31	$NZ$0.63 B	16.82%
2022-12-31	$NZ$0.54 B	-6.16%
2021-12-31	$NZ$0.58 B	8.07%
2020-12-31	$NZ$0.53 B	3.83%
2019-12-31	$NZ$0.51 B	2.88%
2018-12-31	$NZ$0.50 B	35.48%
2017-12-31	$NZ$0.37 B	3.78%
2016-12-31	$NZ$0.35 B	-2.03%
2015-12-31	$NZ$0.36 B	14.81%
2014-12-31	$NZ$0.31 B	13.39%
2013-12-31	$NZ$0.28 B	71.76%
2012-12-31	$NZ$0.16 B	24.78%
2011-12-31	$NZ$0.13 B	-14.81%
2010-12-31	$NZ$0.15 B	2.05%
2009-12-31	$NZ$0.15 B	-54.96%
2008-12-31	$NZ$0.33 B	6.95%
2007-12-31	$NZ$0.31 B	-14.32%
2006-12-31	$NZ$0.36 B	0.89%
2005-12-31	$NZ$0.36 B	12.54%
2004-12-31	$NZ$0.32 B	29.33%
2003-12-31	$NZ$0.24 B	-5.4%
2002-12-31	$NZ$0.26 B	-16.96%
2001-12-31	$NZ$0.31 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Mercantile Bank MBWM	NZ$1.13 B	34.01%	🇺🇸 USA
Macatawa Bank MCBC	NZ$0.50 B	-40.30%	🇺🇸 USA
1st Source SRCE	NZ$2.23 B	163.16%	🇺🇸 USA
Huntington Bancshares HBAN	NZ$38.57 B	4,441.29%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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