Franklin Financial Network is a financial holding company. Through its bank subsidiary, Franklin Synergy Bank (the Bank), Co. provides a range of banking and related financial services with a focus on service to small businesses, corporate entities, local governments and individuals. The Bank operates as a financial institution with a line of financial products, including commercial banking, consumer banking, mortgage loans, deposits, and wealth management/trust services. The Bank's deposit products include demand, interest-bearing transaction accounts, money market accounts, certificates of deposit, municipal deposits, savings, and deposit accounts. We show 23 historical shares outstanding datapoints in our FSB shares outstanding history coverage, used to compute FSB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FSB market cap history over the course of time is important for investors
interested in comparing FSB'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 FSB versus a peer is one thing; comparing
FSB 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 FSB can fluctuate over the course of history.
With this page we aim to empower investors researching FSB by allowing them to research the FSB market cap history. |
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Video: The Importance of Market Cap
