Horizon Bancorp, Inc. is a bank holding company for Horizon Bank, which serves customers across Midwestern markets through digital and virtual tools, as well as its Indiana and Michigan branches. Co. operates through a single segment, which is commercial banking. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Its retail offerings include prime residential, indirect auto, and other secured consumer lending to in-market customers, as well as a range of personal banking and wealth management solutions. We show 62 historical shares outstanding datapoints in our HBNC shares outstanding history coverage, used to compute HBNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HBNC market cap history over the course of time is important for investors
interested in comparing HBNC'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 HBNC versus a peer is one thing; comparing
HBNC 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 HBNC can fluctuate over the course of history.
With this page we aim to empower investors researching HBNC by allowing them to research the HBNC market cap history. |
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Video: The Importance of Market Cap
