CoBiz Financial is a financial holding company. Through its subsidiary companies, Co. provides a range of banking and related services. Co. has three segments: Commercial Banking, which provides commercial, real estate, and private banking as well as treasury management, interest-rate hedging, and depository products; Fee-Based Lines, which provides investment management advisory services, as well as property and casualty and employee benefit group insurance broker services; and Corporate Support and Other, which includes centralized bank operations and the activities of Co. As of Dec 31 2017, Co. had total assets of $3.85 billion and total deposits of $3.23 billon. We show 36 historical shares outstanding datapoints in our COBZ shares outstanding history coverage, used to compute COBZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COBZ market cap history over the course of time is important for investors
interested in comparing COBZ'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 COBZ versus a peer is one thing; comparing
COBZ 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 COBZ can fluctuate over the course of history.
With this page we aim to empower investors researching COBZ by allowing them to research the COBZ market cap history. |
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Video: The Importance of Market Cap
