Glen Burnie is a bank holding company. Through its subsidiary, The Bank of Glen Burnie (the Bank), Co. provides financial services to individuals and corporate customers located in Anne Arundel County and surrounding areas of Central Maryland. The Bank provides a range of consumer and commercial loans. The Bank's lending activities include residential and commercial real estate loans, land acquisition and development loans, commercial loans and consumer installment lending including indirect automobile lending. Co. provides an array of consumer and business deposit products that include demand, money market, and savings accounts, as well as time deposits and individual retirement account. We show 57 historical shares outstanding datapoints in our GLBZ shares outstanding history coverage, used to compute GLBZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GLBZ market cap history over the course of time is important for investors
interested in comparing GLBZ'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 GLBZ versus a peer is one thing; comparing
GLBZ 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 GLBZ can fluctuate over the course of history.
With this page we aim to empower investors researching GLBZ by allowing them to research the GLBZ market cap history. |
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Video: The Importance of Market Cap
