Arrow Financial is a bank holding company. Through its subsidiaries, Co. provides a range of commercial and consumer banking and financial products. The deposit base consists of deposits derived principally from the communities served. Through the banks' trust operations, Co. provides retirement planning, trust and estate administration services for individuals, and pension, profit-sharing and employee benefit plan administration for corporations. Co. engages in a range of lending activities, including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. We show 65 historical shares outstanding datapoints in our AROW shares outstanding history coverage, used to compute AROW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AROW market cap history over the course of time is important for investors
interested in comparing AROW'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 AROW versus a peer is one thing; comparing
AROW 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 AROW can fluctuate over the course of history.
With this page we aim to empower investors researching AROW by allowing them to research the AROW market cap history. |
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Video: The Importance of Market Cap
