Plumas Bancorp is a bank holding company. Through its subsidiary, Plumas Bank (the Bank), Co. serves the financial needs of individuals and businesses. The Bank's principal commercial lending services include term real estate, commercial and industrial term loans. In addition, the Bank provides government-guaranteed and agricultural loans as well as credit lines. The Bank's principal retail lending services include consumer, automobile, and home equity loans. The Bank provides land development and construction loans on a limited basis. In addition to its lending activities, Co. provides a range of deposit products for the commercial and retail banking markets. We show 55 historical shares outstanding datapoints in our PLBC shares outstanding history coverage, used to compute PLBC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLBC market cap history over the course of time is important for investors
interested in comparing PLBC'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 PLBC versus a peer is one thing; comparing
PLBC 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 PLBC can fluctuate over the course of history.
With this page we aim to empower investors researching PLBC by allowing them to research the PLBC market cap history. |
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Video: The Importance of Market Cap
