ConnectOne Bancorp is a bank holding company. Through its subsidiaries, Co. provides a suite of deposit and loan products and services to the general public primarily, to small and mid-sized businesses, local personnel and individuals residing, working and conducting business in the Northern New Jersey the New York Metropolitan area and the South Florida market. Products and services provided include personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, credit cards, wire transfers, access to automated teller services, internet banking, Treasury Direct, Automated Clearing House origination, and mobile banking by phone. We show 58 historical shares outstanding datapoints in our CNOB shares outstanding history coverage, used to compute CNOB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNOB market cap history over the course of time is important for investors
interested in comparing CNOB'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 CNOB versus a peer is one thing; comparing
CNOB 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 CNOB can fluctuate over the course of history.
With this page we aim to empower investors researching CNOB by allowing them to research the CNOB market cap history. |
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Video: The Importance of Market Cap
