Codorus Valley Bancorp is a bank holding company. Through its bank subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank), Co. provides a range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. PeoplesBank is focused on acquiring and nurturing financial relationships with small and mid-sized businesses. Co. operates community banking. PeoplesBank's non-bank subsidiary, Codorus Valley Financial Advisors, Inc., sells non-deposit investment products. Co.'s non-bank subsidary, CVB Statutory Trust No. 2, facilitates a pooled trust preferred debt issuance of $7,217,000. We show 63 historical shares outstanding datapoints in our CVLY shares outstanding history coverage, used to compute CVLY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CVLY market cap history over the course of time is important for investors
interested in comparing CVLY'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 CVLY versus a peer is one thing; comparing
CVLY 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 CVLY can fluctuate over the course of history.
With this page we aim to empower investors researching CVLY by allowing them to research the CVLY market cap history. |
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Video: The Importance of Market Cap
