Prosperity Bancshares, Inc. is a regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma. Co.'s traditional deposit products include certificates of deposit, interest-checking accounts, money market accounts and savings accounts. It also offers digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management. We show 62 historical shares outstanding datapoints in our PB shares outstanding history coverage, used to compute PB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PB market cap history over the course of time is important for investors
interested in comparing PB'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 PB versus a peer is one thing; comparing
PB 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 PB can fluctuate over the course of history.
With this page we aim to empower investors researching PB by allowing them to research the PB market cap history. |
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Video: The Importance of Market Cap
