PCSB Financial is a bank holding company. Through its subsidiary, PCSB Bank, Co.'s primary business activity is accepting deposits from the general public and using those funds primarily to originate and purchase commercial real estate loans, business loans and one-to-four-family real estate loans and purchase investment securities. Co.'s lending activities include: commercial real estate loans, multi-family residential real estate loans, commercial loans, construction loans, residential mortgage loans, home equity lines of credit, and other loans. Co. has legal authority to invest in various types of investment securities and liquid assets, including U.S. Treasury obligations. We show 24 historical shares outstanding datapoints in our PCSB shares outstanding history coverage, used to compute PCSB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PCSB market cap history over the course of time is important for investors
interested in comparing PCSB'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 PCSB versus a peer is one thing; comparing
PCSB 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 PCSB can fluctuate over the course of history.
With this page we aim to empower investors researching PCSB by allowing them to research the PCSB market cap history. |
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Video: The Importance of Market Cap
