Anchor Bancorp is a bank holding company, which engages in the business activity of its subsidiary, Anchor Bank. Anchor Bank is a savings bank serving Western Washington through its 10 banking services located within Grays Harbor, Thurston, Lewis, Pierce, and Mason counties, WA. Co. is in the business of accepting deposits from the public and utilizing those deposits to originate loans. Co. provides a range of loan products such as commercial and multi-family real estate loans, one-to-four family real estate loans, construction and land loans, consumer loans, and commercial business loans. As of June 30, 2017, Co. had total assets of $462.5 million and total deposits of $345.2 million. We show 33 historical shares outstanding datapoints in our ANCB shares outstanding history coverage, used to compute ANCB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ANCB market cap history over the course of time is important for investors
interested in comparing ANCB'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 ANCB versus a peer is one thing; comparing
ANCB 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 ANCB can fluctuate over the course of history.
With this page we aim to empower investors researching ANCB by allowing them to research the ANCB market cap history. |
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Video: The Importance of Market Cap
