Princeton Bancorp is a holding company. Through its subsidiary, The Bank of Princeton (the Bank), Co. provides personal and business lending and deposit services. The Bank also conducts loan origination activities in select areas of New York. Co.'s loan portfolio consists of variable-rate and fixed-rate loans with a concentration in commercial real estate lending. Co.'s deposit services are comprised of a range of deposit products, including checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit. Co. also provides direct deposit products ranging from social security and disability payments to direct deposit of payroll checks. We show 6 historical shares outstanding datapoints in our BPRN shares outstanding history coverage, used to compute BPRN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BPRN market cap history over the course of time is important for investors
interested in comparing BPRN'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 BPRN versus a peer is one thing; comparing
BPRN 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 BPRN can fluctuate over the course of history.
With this page we aim to empower investors researching BPRN by allowing them to research the BPRN market cap history. |
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Video: The Importance of Market Cap
