Community Trust Bancorp is a bank holding company. Through its subsidiaries, Co. is engaged in a range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of Co.'s subsidiary, Community Trust Bank, Inc., include making commercial, construction, mortgage, and personal loans. Lease-financing, lines of credit, revolving lines of credit, term loans, and other specialized loans. We show 58 historical shares outstanding datapoints in our CTBI shares outstanding history coverage, used to compute CTBI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTBI market cap history over the course of time is important for investors
interested in comparing CTBI'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 CTBI versus a peer is one thing; comparing
CTBI 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 CTBI can fluctuate over the course of history.
With this page we aim to empower investors researching CTBI by allowing them to research the CTBI market cap history. |
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Video: The Importance of Market Cap
