| BSB Bancorp is a holding company. Through its subsidiary, Belmont Savings Bank, Co. is engaged in the business of accepting deposits from the general public, businesses, nonprofit organizations and municipalities and investing those deposits, together with funds generated from operations and borrowings, in one-to-four family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans (automobile loans assigned to Co. by automobile dealerships), commercial business loans, construction loans and investment securities. At Dec 31 2017, Co. had total assets of $2.68 billion and total deposits of $1.75 billion. We show 30 historical shares outstanding datapoints in our BLMT shares outstanding history coverage, used to compute BLMT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BLMT market cap history over the course of time is important for investors
interested in comparing BLMT'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 BLMT versus a peer is one thing; comparing
BLMT 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 BLMT can fluctuate over the course of history.
With this page we aim to empower investors researching BLMT by allowing them to research the BLMT market cap history.