MBT Financial is a bank holding company. Through its subsidiary, Monroe Bank & Trust (the Bank), Co. provides customary retail and commercial banking and trust services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, individual retirement accounts, automated teller machine and night depository facilities, treasury management services, telephone and internet banking, personal trust, employee benefit and investment management services. The Bank's service areas are comprised of Monroe, Wayne, and Lenawee counties in Southern Michigan. We show 41 historical shares outstanding datapoints in our MBTF shares outstanding history coverage, used to compute MBTF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MBTF market cap history over the course of time is important for investors
interested in comparing MBTF'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 MBTF versus a peer is one thing; comparing
MBTF 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 MBTF can fluctuate over the course of history.
With this page we aim to empower investors researching MBTF by allowing them to research the MBTF market cap history. |
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Video: The Importance of Market Cap
