Pioneer Bancorp is a bank holding company. Through its subsidiary, Pioneer Bank, Co. provides financial services in the Capital Region of New York State. Co.'s principal lending activity has been originating commercial real estate loans (including multi-family real estate loans), commercial and industrial loans, commercial construction loans and home equity loans and lines of credit. Co. invests in various types of investment securities and liquid assets, including U.S. Treasury obligations and collateralized mortgage obligations. Co. provides a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts. We show 19 historical shares outstanding datapoints in our PBFS shares outstanding history coverage, used to compute PBFS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PBFS market cap history over the course of time is important for investors
interested in comparing PBFS'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 PBFS versus a peer is one thing; comparing
PBFS 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 PBFS can fluctuate over the course of history.
With this page we aim to empower investors researching PBFS by allowing them to research the PBFS market cap history. |
Free PBFS Email Alerts:
Video: The Importance of Market Cap
