Middlefield Banc is a bank holding company. Through its subsidiary, The Middlefield Banking Company (the Bank), Co. engages in a general commercial banking business in northeastern and central Ohio. The Bank provides customers a range of banking services including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, a variety of consumer loans, safe deposit facilities, and travelers' checks. The Bank provides online banking and bill payment services to individuals and online cash management services to business customers through its website at www.middlefieldbank.bank. We show 57 historical shares outstanding datapoints in our MBCN shares outstanding history coverage, used to compute MBCN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MBCN market cap history over the course of time is important for investors
interested in comparing MBCN'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 MBCN versus a peer is one thing; comparing
MBCN 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 MBCN can fluctuate over the course of history.
With this page we aim to empower investors researching MBCN by allowing them to research the MBCN market cap history. |
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Video: The Importance of Market Cap
