Ameris Bancorp is a financial holding company. Through its wholly-owned subsidiary, Ameris Bank, Co. provides a range of banking services to its retail and commercial customers in Georgia, Alabama, Florida and South Carolina. Co. provides agricultural loans, commercial business loans, commercial and residential real estate construction and mortgage loans, consumer loans, revolving lines of credit and letters of credit. Co. also provides deposit accounts, which include commercial and retail checking accounts, savings accounts, money market accounts, individual retirement accounts and certificates of deposit. At Dec 31 2017, Co. had total assets of $7.86 billion and deposits of $6.63 billion. We show 39 historical shares outstanding datapoints in our ABCB shares outstanding history coverage, used to compute ABCB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ABCB market cap history over the course of time is important for investors
interested in comparing ABCB's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ABCB versus a peer is one thing; comparing
ABCB market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ABCB can fluctuate over the course of history.
With this page we aim to empower investors researching ABCB by allowing them to research the ABCB market cap history. |
Video: The Importance of Market Cap
