Orrstown Financial Services is a financial holding company. Through its subsidiary, Orrstown Bank, Co. provides banking and financial advisory services located in south central Pennsylvania, and in Anne Arundel, Baltimore, Howard and Washington Counties, MD, as well as Baltimore City, MD. Co. operates in the community banking segment and engages in lending activities, including commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending and deposit services, including checking, savings, time and money market deposits. Co. also provides fiduciary, investment advisory, insurance and brokerage services. We show 57 historical shares outstanding datapoints in our ORRF shares outstanding history coverage, used to compute ORRF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ORRF market cap history over the course of time is important for investors
interested in comparing ORRF'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 ORRF versus a peer is one thing; comparing
ORRF 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 ORRF can fluctuate over the course of history.
With this page we aim to empower investors researching ORRF by allowing them to research the ORRF market cap history. |
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Video: The Importance of Market Cap
