FNB Bancorp operates through its subsidiary, First National Bank of Northern California (the Bank). The Bank's primary business is servicing the business and commercial banking needs of individuals and small to mid-sized businesses within San Mateo, San Francisco and Santa Clara Counties. The Bank provides a range of services to individuals and businesses in its primary service area, including business financial products with services such as courier, appointment banking and business internet banking. The Bank also makes available commercial loans and standby letters of credit, among others. As of Dec 31 2017, Co. had total assets of $1.27 billion and total deposits of $1.05 billion. We show 40 historical shares outstanding datapoints in our FNBG shares outstanding history coverage, used to compute FNBG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FNBG market cap history over the course of time is important for investors
interested in comparing FNBG'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 FNBG versus a peer is one thing; comparing
FNBG 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 FNBG can fluctuate over the course of history.
With this page we aim to empower investors researching FNBG by allowing them to research the FNBG market cap history. |
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Video: The Importance of Market Cap
