Beneficial Bancorp is a financial holding company. Through its subsidiary, Beneficial Bank, Co. provides financial services to consumers and businesses in its market areas. Co. accepts deposits from the general public and use those funds to originate a variety of loans, including commercial real estate loans, commercial business loans, equipment financing and leasing, one- to four-family real estate loans, consumer loans, home equity loans and construction loans. Co. provides insurance brokerage services through its wholly owned subsidiary, Beneficial Insurance Services, LLC. At Dec 31 2017, Co. had total assets of $5.80 billion and total deposits of $4.15 billion. We show 17 historical shares outstanding datapoints in our BNCL shares outstanding history coverage, used to compute BNCL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BNCL market cap history over the course of time is important for investors
interested in comparing BNCL'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 BNCL versus a peer is one thing; comparing
BNCL 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 BNCL can fluctuate over the course of history.
With this page we aim to empower investors researching BNCL by allowing them to research the BNCL market cap history. |
Video: The Importance of Market Cap
