Independent Bank Corporation (IBCP)
NASDAQ: IBCP · IEX Real-Time Price · USD
31.48
+0.05 (0.16%)
At close: Jul 19, 2024, 4:00 PM
31.47
-0.01 (-0.03%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Independent Bank Market Cap

Independent Bank has a market cap or net worth of $658.01 million as of July 22, 2024. Its market cap has increased by 86.51% in one year.

Market Cap
658.01M
Enterprise Value
625.41M
1-Year Change
86.51%
Ranking
Category
Stock Price
$31.48

Market Cap Chart

Since December 1, 1998, Independent Bank's market cap has increased from $147.50M to $658.01M, an increase of 346.11%. That is a compound annual growth rate of 6.00%.

History

DateMarket Cap% Change
Jul 19, 2024658.00M21.34%
Dec 29, 2023542.30M7.62%
Dec 30, 2022503.90M-0.79%
Dec 31, 2021507.90M25.66%
Dec 31, 2020404.20M-20.62%
Dec 31, 2019509.20M0.49%
Dec 31, 2018506.70M6.27%
Dec 29, 2017476.80M3.43%
Dec 30, 2016461.00M35.75%
Dec 31, 2015339.60M13.39%
Dec 31, 2014299.50M9.39%
Dec 31, 2013273.80M777.56%
Dec 31, 201231.20M176.11%
Dec 30, 201111.30M15.31%
Dec 31, 20109.80M-43.35%
Dec 31, 200917.30M-65.19%
Dec 31, 200849.70M-76.85%
Dec 31, 2007214.70M-62.85%
Dec 29, 2006578.00M-4.53%
Dec 30, 2005605.40M-3.89%
Dec 31, 2004629.90M13.66%
Dec 31, 2003554.20M52.97%
Dec 31, 2002362.30M14.91%
Dec 31, 2001315.30M43.25%
Dec 29, 2000220.10M37.56%
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Market Capitalization

Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.

Formula: Market Cap = Stock Price * Shares Outstanding
Full Definition