Kentucky First Federal is a holding company. Through its subsidiaries, Co. accepts deposits from the public and applies those funds to the origination of loans for residential and consumer purposes. Co.'s subsidiary, First Federal Savings and Loan Association of Hazard, a community-oriented savings and loan association, provides financial services to consumers in Perry and surrounding counties in eastern Kentucky. It engages primarily in the business of accepting deposits from the general public and using such funds to originate, when available, loans secured by first mortgages on owner-occupied, residential real estate and occasionally other loans secured by real estate. We show 58 historical shares outstanding datapoints in our KFFB shares outstanding history coverage, used to compute KFFB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KFFB market cap history over the course of time is important for investors
interested in comparing KFFB'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 KFFB versus a peer is one thing; comparing
KFFB 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 KFFB can fluctuate over the course of history.
With this page we aim to empower investors researching KFFB by allowing them to research the KFFB market cap history. |
Free KFFB Email Alerts:
Video: The Importance of Market Cap
