Lake Shore Bancorp, Inc. is the mid-tier holding company of Lake Shore Savings Bank, a community-oriented financial institution based in Dunkirk, New York. The Bank operates 11 full-service branches in Western New York, offering a variety of retail and commercial lending and deposit services. Its main business involves attracting retail deposits and investing them in commercial real estate loans, residential mortgages, home equity lines of credit, and other loans and securities. The Bank's primary funding sources include deposits, borrowings, brokered deposits, and loan and securities payments. We show 59 historical shares outstanding datapoints in our LSBK shares outstanding history coverage, used to compute LSBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LSBK market cap history over the course of time is important for investors
interested in comparing LSBK'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 LSBK versus a peer is one thing; comparing
LSBK 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 LSBK can fluctuate over the course of history.
With this page we aim to empower investors researching LSBK by allowing them to research the LSBK market cap history. |
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Video: The Importance of Market Cap
