Allegiance Bancshares is a bank holding company. Through its subsidiary, Allegiance Bank, Co. provides a range of commercial banking services mainly to small to medium-sized businesses within the Houston region, personnel and individual customers. Co. provides a range of commercial and retail lending services, including commercial loans, loans to small businesses guaranteed by the Small Business Administration, mortgage loans, home equity loans, personal loans and automobile loans, among others. Co. provides checking accounts, commercial accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. We show 20 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
