FB Financial is a bank holding company. Through its bank subsidiary, FirstBank (the Bank), Co. is engaged in providing a suite of commercial and consumer banking services to clients in select markets primarily in Tennessee, Alabama, Southern Kentucky, and North Georgia. Co. has two segments: Banking and Mortgage. Co.'s primary segment is Banking, which provides a range of deposit and lending products and services to corporate, commercial and consumer customers. Co. provides conforming residential mortgage products. Additionally, the Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies. We show 31 historical shares outstanding datapoints in our FBK shares outstanding history coverage, used to compute FBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FBK market cap history over the course of time is important for investors
interested in comparing FBK'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 FBK versus a peer is one thing; comparing
FBK 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 FBK can fluctuate over the course of history.
With this page we aim to empower investors researching FBK by allowing them to research the FBK market cap history. |
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Video: The Importance of Market Cap
