Macatawa Bank is a bank holding company. Through its subsidiary, Macatawa Bank, Co. provides a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, MI. Co. provides a range of deposit services, including checking accounts, savings accounts and time deposits of various types. Co.'s trust services include personal trust and retirement plan services. Co.'s personal trust services include financial planning, investment management services, trust and estate administration and custodial services. Co.'s retirement plan services encompass all types of qualified retirement plans, including profit sharing, 401(k) and pension plans. We show 58 historical shares outstanding datapoints in our MCBC shares outstanding history coverage, used to compute MCBC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MCBC market cap history over the course of time is important for investors
interested in comparing MCBC'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 MCBC versus a peer is one thing; comparing
MCBC 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 MCBC can fluctuate over the course of history.
With this page we aim to empower investors researching MCBC by allowing them to research the MCBC market cap history. |
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Video: The Importance of Market Cap
