FinWise is a bank holding company. Through its subsidiary, FinWise Bank, Co. is engaged in providing a range of banking services to individual and corporate customers, including Small Business Administration, commercial, commercial real estate, residential real estate, and consumer loans. Co. provides a range of deposit products including checking and savings accounts, time deposits, and money market accounts. Co. also provides various deposit services including debit cards, remote deposit capture, online banking, mobile banking, and direct deposit services; and business accounts and cash management services, including business checking and savings accounts and treasury services. We show 10 historical shares outstanding datapoints in our FINW shares outstanding history coverage, used to compute FINW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FINW market cap history over the course of time is important for investors
interested in comparing FINW'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 FINW versus a peer is one thing; comparing
FINW 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 FINW can fluctuate over the course of history.
With this page we aim to empower investors researching FINW by allowing them to research the FINW market cap history. |
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Video: The Importance of Market Cap
