PB Bancorp is a savings and loan holding company. Through its wholly-owned subsidiary, Putnam Bank (the Bank), Co. accepts deposits from the general public in the communities where its offices are located, and invests those deposits, together with funds generated from operations, primarily in loans secured by real estate, including one-to-four family residential mortgage loans and commercial real estate loans (including multi-family real estate loans). To a lesser extent, Co. originates commercial loans, residential construction loans and consumer loans. Co. also invests in investment securities. Co. operates offices located in Windham County and New London County, CT. We show 17 historical shares outstanding datapoints in our PBBI shares outstanding history coverage, used to compute PBBI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PBBI market cap history over the course of time is important for investors
interested in comparing PBBI'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 PBBI versus a peer is one thing; comparing
PBBI 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 PBBI can fluctuate over the course of history.
With this page we aim to empower investors researching PBBI by allowing them to research the PBBI market cap history. |
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Video: The Importance of Market Cap
