Coastway Bancorp is a holding company. Through its subsidiary, Coastway Community Bank (the Bank), Co. engaged in accepting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential real estate loans, home equity loans and lines of credit, commercial real estate loans, U.S. Small Business Administration (SBA) loans and, to a lesser extent, commercial business loans, commercial construction loans and consumer loans. Co. also provides online and mobile banking services. As of Dec 31 2016, Co. had total assets of $644.2 million and total deposits of $447.3 million. We show 21 historical shares outstanding datapoints in our CWAY shares outstanding history coverage, used to compute CWAY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CWAY market cap history over the course of time is important for investors
interested in comparing CWAY'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 CWAY versus a peer is one thing; comparing
CWAY 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 CWAY can fluctuate over the course of history.
With this page we aim to empower investors researching CWAY by allowing them to research the CWAY market cap history. |
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Video: The Importance of Market Cap
