HomeTown Bankshares is a bank holding company. Co.'s business is conducted through its wholly-owned subsidiary, HomeTown Bank (the Bank). The Bank provides a range of banking services to small and medium-size businesses, real estate investors and developers, private investors, personnel and individuals. The Bank provides:checking accounts, savings accounts and other time deposits; short-to-medium term commercial and personal loans; conforming home mortgages; investment products and financial advisory services; personalized banking solutions; payment processing solutions; and safe deposit boxes, traveler's checks, social security checks, overdraft protection, check cards, and credit cards. We show 38 historical shares outstanding datapoints in our HMTA shares outstanding history coverage, used to compute HMTA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HMTA market cap history over the course of time is important for investors
interested in comparing HMTA'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 HMTA versus a peer is one thing; comparing
HMTA 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 HMTA can fluctuate over the course of history.
With this page we aim to empower investors researching HMTA by allowing them to research the HMTA market cap history. |
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Video: The Importance of Market Cap
