| Altabancorp is a bank holding company. Through its wholly-owned banking subsidiary, Altabank, Co. provides banking services primarily to small- to medium-sized businesses and to individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. Co. also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts, and online banking. Co. provides regular checking, rewards checking, savings, and money market deposit accounts. Co. also provides fixed-rate, fixed maturity retail CDs, individual retirement accounts and Jumbo CDs. We show 6 historical shares outstanding datapoints in our ALTA shares outstanding history coverage, used to compute ALTA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALTA market cap history over the course of time is important for investors
interested in comparing ALTA'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 ALTA versus a peer is one thing; comparing
ALTA 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 ALTA can fluctuate over the course of history.
With this page we aim to empower investors researching ALTA by allowing them to research the ALTA market cap history.