Home Federal Bancorp is a savings and loan holding company. Through its subsidiary, Home Federal Bank, Co. provides financial services to individuals, corporate entities, and other organizations through the origination of loans and the acceptance of deposits in the form of passbook savings, certificates of deposit, and demand deposit accounts. Co.'s market area for loans and deposits is in northwest Louisiana, mainly Caddo Parish and neighboring communities in Bossier and Webster Parishes, which are located in the Shreveport-Bossier City-Minden combined statistical area. Co. accepts deposits principally from residents of Louisiana and particularly from Caddo, Webster, and Bossier Parishes. We show 56 historical shares outstanding datapoints in our HFBL shares outstanding history coverage, used to compute HFBL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HFBL market cap history over the course of time is important for investors
interested in comparing HFBL'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 HFBL versus a peer is one thing; comparing
HFBL 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 HFBL can fluctuate over the course of history.
With this page we aim to empower investors researching HFBL by allowing them to research the HFBL market cap history. |
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Video: The Importance of Market Cap
