Banc of California is a bank holding company. Through its subsidiary, Banc of California, National Association, Co. is engaged in providing products and solutions for businesses, business owners, and individuals within California. Co. provides a number of loan products including commercial and industrial loans; commercial real estate loans and multifamily loans; small business administration loans; and construction loans. Co. provides a variety of deposit products to its clients with a range of interest rates and terms. Deposits consist of interest-bearing and noninterest-bearing demand accounts, savings accounts, money market deposit accounts, and certificates of deposit. We show 55 historical shares outstanding datapoints in our BANC shares outstanding history coverage, used to compute BANC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BANC market cap history over the course of time is important for investors
interested in comparing BANC'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 BANC versus a peer is one thing; comparing
BANC 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 BANC can fluctuate over the course of history.
With this page we aim to empower investors researching BANC by allowing them to research the BANC market cap history. |
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Video: The Importance of Market Cap
