# Independent Bank Corporation (IBCP) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $503M |
| 2024 | $455M |
| 2023 | $404M |
| 2022 | $348M |
| 2021 | $398M |
| 2020 | $390M |
| 2019 | $350M |
| 2018 | $339M |
| 2017 | $265M |
| 2016 | $249M |
| 2015 | $252M |
| 2014 | $250M |
| 2013 | $232M |
| 2012 | $135M |
| 2011 | $103M |
| 2010 | $119M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/IBCP/shareholders-equity)