Professional Holding is a bank holding company. Through its subsidiary, Professional Bank (the Bank), Co. provides commercial banking products and services. Co. conducts its banking operations from branch locations in the Miami-Fort Lauderdale-West Palm Beach or Miami-Dade metropolitan statistical area, which encompasses three counties in Florida: Miami-Dade, Broward, and Palm Beach. Co.'s deposit products include regular checking, savings and money market accounts, as well as IRAs and certificates of deposit. Lending products include commercial loans, residential mortgage loans, home equity lines of credit, installment loans and consumer lines of credit. We show 13 historical shares outstanding datapoints in our PFHD shares outstanding history coverage, used to compute PFHD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PFHD market cap history over the course of time is important for investors
interested in comparing PFHD'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 PFHD versus a peer is one thing; comparing
PFHD 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 PFHD can fluctuate over the course of history.
With this page we aim to empower investors researching PFHD by allowing them to research the PFHD market cap history. |
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Video: The Importance of Market Cap
