HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. We show 3 historical shares outstanding datapoints in our HTB shares outstanding history coverage, used to compute HTB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HTB market cap history over the course of time is important for investors
interested in comparing HTB'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 HTB versus a peer is one thing; comparing
HTB 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 HTB can fluctuate over the course of history.
With this page we aim to empower investors researching HTB by allowing them to research the HTB market cap history. |
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Video: The Importance of Market Cap
