Parke Bancorp, Inc. is a bank holding company for Parke Bank (the Bank). Co., through its wholly owned subsidiary, provides personal and business financial services to individuals and small to mid-sized businesses. It offers a range of loan products, deposits services and other financial products through its retail branches and other channels to its customers. Its lending businesses consist of commercial real estate lending, residential real estate lending and construction lending. It also offers a range of commercial and industry loan, and consumer loan products to its customers. We show 64 historical shares outstanding datapoints in our PKBK shares outstanding history coverage, used to compute PKBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PKBK market cap history over the course of time is important for investors
interested in comparing PKBK'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 PKBK versus a peer is one thing; comparing
PKBK 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 PKBK can fluctuate over the course of history.
With this page we aim to empower investors researching PKBK by allowing them to research the PKBK market cap history. |
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Video: The Importance of Market Cap
