Lakeland Financial is a bank holding company. Through its subsidiary, Lake City Bank, Co. provides various financial products and services throughout its Northern and Central Indiana markets. Co. provides commercial, retail, trust and investment services to its customers. Commercial products include commercial loans and solutions to meet commercial customers' treasury management needs such as internet business banking and on-line treasury management services. Retail banking clients are provided various retail banking services, including lending, deposit and investment services. Retail lending programs are focused on mortgage loans, home equity lines of credit and retail installment loans. We show 58 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. |
Free LKFN Email Alerts:
Video: The Importance of Market Cap
