Independent Bank Corporation Total Assets
Independent Bank Corporation total assets. Based on the latest financial reports, Independent Bank Corporation (IBCP) holds total assets worth $5.66 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is Independent Bank Corporation worth for the company's overall valuation and market capitalisation.
Total Assets of Independent Bank Corporation (1989–2025)
Total assets of Independent Bank Corporation from 1989 to 2025. This chart illustrates how Independent Bank Corporation's total assets have evolved over time, based on quarterly financial data. See current stock price of Independent Bank Corporation for real-time trading data and today's change.
Independent Bank Corporation - Asset Composition Analysis
Independent Bank Corporation Total Assets Breakdown (December 2025)
Independent Bank Corporation total assets breakdown as of December 2025. Independent Bank Corporation's total assets of $5.66 Billion consist of 2.9% current assets and 97.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $19.03 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $32.49 Million | 0.6% |
| Goodwill | $28.30 Million | 0.5% |
Asset Composition Trend (1989–2025)
This chart illustrates how Independent Bank Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital to net assets of Independent Bank Corporation to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Independent Bank Corporation's current assets represent 2.9% of total assets in 2025, a decrease from 4.8% in 1989.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2025, down from 4.8% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is intangible assets at 0.6% of total assets.
Independent Bank Corporation Competitors by Total Assets
Key competitors of Independent Bank Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lloyds Banking Group plc
F:LLD2
|
Germany | €994.16 Billion |
|
JAPAN POST BK UNSP.ADR/1
F:5JP0
|
Germany | €232.94 Trillion |
|
Commerzbank AG
XETRA:CBK
|
Germany | €603.30 Billion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
Malaysia | RM794.85 Billion |
|
SJF Bank A/S
CO:SJF
|
Denmark | Dkr36.72 Billion |
|
BNK Banking Corporation Ltd
AU:BBC
|
Australia | AU$1.28 Billion |
|
Banco Bradesco DRC
BA:BBD
|
Argentina | AR$2.20 Trillion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
Argentina | AR$45.67 Trillion |
Independent Bank Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.11 | 0.07 | 2.45 |
| Quick Ratio | 0.11 | 0.07 | 2.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.43 Billion | $-4.32 Billion | $1.88 Billion |
Independent Bank Corporation - Advanced Valuation Insights
This section examines the relationship between Independent Bank Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.50 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | $5.51 Billion |
| Market Capitalization | $736.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Independent Bank Corporation's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Independent Bank Corporation's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Independent Bank Corporation (1989–2025)
The table below shows the annual total assets of Independent Bank Corporation from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.51 Billion | +3.14% |
| 2024-12-31 | $5.34 Billion | +1.41% |
| 2023-12-31 | $5.26 Billion | +5.28% |
| 2022-12-31 | $5.00 Billion | +6.27% |
| 2021-12-31 | $4.70 Billion | +11.91% |
| 2020-12-31 | $4.20 Billion | +17.93% |
| 2019-12-31 | $3.56 Billion | +6.30% |
| 2018-12-31 | $3.35 Billion | +20.22% |
| 2017-12-31 | $2.79 Billion | +9.43% |
| 2016-12-31 | $2.55 Billion | +5.81% |
| 2015-12-31 | $2.41 Billion | +7.13% |
| 2014-12-31 | $2.25 Billion | +1.76% |
| 2013-12-31 | $2.21 Billion | +9.19% |
| 2012-12-31 | $2.02 Billion | -12.29% |
| 2011-12-31 | $2.31 Billion | -8.99% |
| 2010-12-31 | $2.54 Billion | -14.50% |
| 2009-12-31 | $2.97 Billion | +0.31% |
| 2008-12-31 | $2.96 Billion | -9.76% |
| 2007-12-31 | $3.28 Billion | -4.48% |
| 2006-12-31 | $3.43 Billion | +2.21% |
| 2005-12-31 | $3.36 Billion | +8.46% |
| 2004-12-31 | $3.09 Billion | +31.18% |
| 2003-12-31 | $2.36 Billion | +14.63% |
| 2002-12-31 | $2.06 Billion | +8.95% |
| 2001-12-31 | $1.89 Billion | +5.87% |
| 2000-12-31 | $1.78 Billion | +3.40% |
| 1999-12-31 | $1.73 Billion | +3.87% |
| 1998-12-31 | $1.66 Billion | +68.82% |
| 1997-12-31 | $983.80 Million | +10.71% |
| 1996-12-31 | $888.60 Million | +50.58% |
| 1995-12-31 | $590.10 Million | +14.32% |
| 1994-12-31 | $516.20 Million | +16.18% |
| 1993-12-31 | $444.30 Million | +20.90% |
| 1992-12-31 | $367.50 Million | -1.13% |
| 1991-12-31 | $371.70 Million | +2.54% |
| 1990-12-31 | $362.50 Million | +10.42% |
| 1989-12-31 | $328.30 Million | -- |
About Independent Bank Corporation
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts. It also provides consumer loans that consists of real estate loans comprising residential mortg… Read more