Allegiance Bancshares is a bank holding company. Through its subsidiary, Allegiance Bank, Co. provides commercial banking services mainly to Houston metropolitan area-based customers. Co. provides a range of lending services, including commercial loans, mortgage loans, home equity loans, personal loans and automobile loans. Co. also provides checking accounts, commercial accounts, savings accounts and other time deposits, ranging from daily money market accounts to longer-term certificates of deposit. Other services include safe deposit boxes, debit cards, cash management and wire transfer services. At Dec 31 2017, Co. had total assets of $2,860,231,000 and total deposits of $2,213,974,000. We show 16 historical shares outstanding datapoints in our ABTX shares outstanding history coverage, used to compute ABTX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ABTX market cap history over the course of time is important for investors
interested in comparing ABTX'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 ABTX versus a peer is one thing; comparing
ABTX 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 ABTX can fluctuate over the course of history.
With this page we aim to empower investors researching ABTX by allowing them to research the ABTX market cap history. |
Video: The Importance of Market Cap
