City Holding is a financial holding company. Through its wholly-owned subsidiary, City National Bank of West Virginia (City National), Co. provides banking, trust and investment management and other financial solutions through its network of bank branches and associates located in West Virginia, Kentucky, Virginia and southeastern Ohio. City National's products and services include: Commercial Banking, which provides a range of commercial banking services to corporations and other business customers; and Consumer Banking, which provides banking services to consumers, including checking, savings and money market accounts as well as certificates of deposit and individual retirement accounts. We show 58 historical shares outstanding datapoints in our CHCO shares outstanding history coverage, used to compute CHCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CHCO market cap history over the course of time is important for investors
interested in comparing CHCO'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 CHCO versus a peer is one thing; comparing
CHCO 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 CHCO can fluctuate over the course of history.
With this page we aim to empower investors researching CHCO by allowing them to research the CHCO market cap history. |
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Video: The Importance of Market Cap
