First Savings Financial Group is a financial holding company. Through its subsidiary, First Savings Bank (the Bank), Co. provides a variety of banking services to individuals and business customers. The Bank accepts deposits from the general public and uses those funds, along with other borrowings, mainly to originate residential mortgage, commercial mortgage, construction, commercial business and consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other securities. The Bank's subsidiary, First Savings Investments, Inc., manages a securities portfolio. Co.'s subsidiary, First Savings Insurance Risk Management, Inc., provides property and casualty insurance. We show 59 historical shares outstanding datapoints in our FSFG shares outstanding history coverage, used to compute FSFG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FSFG market cap history over the course of time is important for investors
interested in comparing FSFG'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 FSFG versus a peer is one thing; comparing
FSFG 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 FSFG can fluctuate over the course of history.
With this page we aim to empower investors researching FSFG by allowing them to research the FSFG market cap history. |
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Video: The Importance of Market Cap
