Auburn National Bancorporation is a bank holding company. Through its subsidiary, AuburnBank (the Bank), Co. provides a range of banking services including checking, savings, transaction deposit accounts and certificates of deposit, in its primary market area, Lee County, which includes the Auburn-Opelika Metropolitan Statistical Area. The Bank also provides commercial, financial, agricultural, real estate construction and consumer loan products and other financial services. The Bank provides automated teller services in East Alabama and operates automated teller machines in its primary service area. The Bank also provides online banking, bill payment and other electronic services. We show 56 historical shares outstanding datapoints in our AUBN shares outstanding history coverage, used to compute AUBN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AUBN market cap history over the course of time is important for investors
interested in comparing AUBN'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 AUBN versus a peer is one thing; comparing
AUBN 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 AUBN can fluctuate over the course of history.
With this page we aim to empower investors researching AUBN by allowing them to research the AUBN market cap history. |
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Video: The Importance of Market Cap
