Metropolitan Bank Holding is a bank holding company. Through its wholly owned bank subsidiary, Metropolitan Commercial Bank (the Bank), Co. provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and individuals in the New York metropolitan area. In addition to commercial banking products, the Bank provides cash management and retail banking services and, through its Global Payments Group (global payments business), provides global payments infrastructure to its FinTech partners, which includes serving as an issuing bank for third-party debit card programs nationwide. We show 28 historical shares outstanding datapoints in our MCB shares outstanding history coverage, used to compute MCB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MCB market cap history over the course of time is important for investors
interested in comparing MCB'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 MCB versus a peer is one thing; comparing
MCB 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 MCB can fluctuate over the course of history.
With this page we aim to empower investors researching MCB by allowing them to research the MCB market cap history. |
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Video: The Importance of Market Cap
