Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, and trust and wealth management, brokerage, and treasury management commercial services. It serves a diverse customer base, including commercial customers across a wide variety of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care. We show 61 historical shares outstanding datapoints in our LKFN shares outstanding history coverage, used to compute LKFN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LKFN market cap history over the course of time is important for investors
interested in comparing LKFN'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 LKFN versus a peer is one thing; comparing
LKFN 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 LKFN can fluctuate over the course of history.
With this page we aim to empower investors researching LKFN by allowing them to research the LKFN market cap history. |
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Video: The Importance of Market Cap
