Provident Financial Holdings, Inc. is a holding company of Provident Savings Bank, F.S.B. (the Bank). The Bank is a federally chartered stock savings bank. The Bank is a financial services company committed to serving consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The Bank conducts its business operations as Provident Bank, and through its subsidiary, Provident Financial Corp. The business activities of the Bank include community banking, investment services and trustee services for real estate transactions. We show 65 historical shares outstanding datapoints in our PROV shares outstanding history coverage, used to compute PROV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PROV market cap history over the course of time is important for investors
interested in comparing PROV'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 PROV versus a peer is one thing; comparing
PROV 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 PROV can fluctuate over the course of history.
With this page we aim to empower investors researching PROV by allowing them to research the PROV market cap history. |
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Video: The Importance of Market Cap
