First Mid Bancshares is a financial holding company. Through its wholly owned subsidiaries, First Mid Bank & Trust, N.A. and Jefferson Bank and Trust Company, Co. is engaged in the business of banking. Co. provides insurance products and services to customers through its subsidiary, First Mid Insurance Group, Inc. Co. provides trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. Co. also owns a captive insurance company, First Mid Captive, Inc. In addition, Co.'s wholly owns three statutory business trusts, First Mid-Illinois Statutory Trust II, Clover Leaf Statutory Trust I, and FBTC Statutory Trust I. We show 57 historical shares outstanding datapoints in our FMBH shares outstanding history coverage, used to compute FMBH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FMBH market cap history over the course of time is important for investors
interested in comparing FMBH'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 FMBH versus a peer is one thing; comparing
FMBH 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 FMBH can fluctuate over the course of history.
With this page we aim to empower investors researching FMBH by allowing them to research the FMBH market cap history. |
Free FMBH Email Alerts:
Video: The Importance of Market Cap
