Ponce Financial Group is a savings and loan holding company. Through its subsidiary, Ponce Bank (the Bank), Co. engages in taking deposits from the public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, consisting of one-to-four family residential, multifamily residential, nonresidential properties, construction and land, and in business and consumer loans. The Bank provides various deposit accounts, including demand accounts, NOW/IOLA accounts, money market accounts, reciprocal deposits, savings accounts and certificates of deposit to individuals, business entities, non-profit organizations and individual retirement accounts. We show 26 historical shares outstanding datapoints in our PDLB shares outstanding history coverage, used to compute PDLB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PDLB market cap history over the course of time is important for investors
interested in comparing PDLB'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 PDLB versus a peer is one thing; comparing
PDLB 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 PDLB can fluctuate over the course of history.
With this page we aim to empower investors researching PDLB by allowing them to research the PDLB market cap history. |
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Video: The Importance of Market Cap
