Green Bankshares is a bank holding company. Through its wholly-owned subsidiary, GreenBank (the Bank), Co. primarily provides financial services through its offices in Eastern, Middle and Southeastern Tennessee, Western North Carolina and Southwestern Virginia. The principal business of the Bank consists of accepting deposits from the general public and investing those funds, together with funds generated from operations and from principal and interest payments on loans, primarily in commercial and residential real estate loans, commercial loans and installment consumer loans. As of Dec 31 2010, Co. had total assets of $2.41 billion and total deposits of $1.98 billion. We show 47 historical shares outstanding datapoints in our GRNB shares outstanding history coverage, used to compute GRNB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GRNB market cap history over the course of time is important for investors
interested in comparing GRNB'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 GRNB versus a peer is one thing; comparing
GRNB 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 GRNB can fluctuate over the course of history.
With this page we aim to empower investors researching GRNB by allowing them to research the GRNB market cap history. |
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Video: The Importance of Market Cap
