People's Utah Bancorp is a bank holding company. Through its subsidiary, Altabank™, Co. provides banking services to primarily small-to-medium sized businesses, and individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. Co. also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts and other consumer banking products, including electronic banking. Co. provides regular checking, rewards checking, savings, and money market deposit accounts. Co. also provides fixed-rate, fixed maturity retail CDs, individual retirement accounts and Jumbo CDs. We show 20 historical shares outstanding datapoints in our PUB shares outstanding history coverage, used to compute PUB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PUB market cap history over the course of time is important for investors
interested in comparing PUB'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 PUB versus a peer is one thing; comparing
PUB 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 PUB can fluctuate over the course of history.
With this page we aim to empower investors researching PUB by allowing them to research the PUB market cap history. |
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Video: The Importance of Market Cap
