Sterling Bancorp is a unitary savings and loan holding company. Through its wholly-owned subsidiary, Sterling Bank and Trust, F.S.B. (the Bank), Co. provides a range of loan products to the residential and commercial markets, as well as retail banking services. The Bank originates residential and commercial real estate loans, construction loans, commercial lines of credit and other consumer loans and provides deposit products, consisting primarily of checking, savings and term certificate accounts. The Bank operates through a several branches are located in San Francisco and Los Angeles, CA with the remaining branches located in New York, NY, and Southfield, MI. We show 25 historical shares outstanding datapoints in our SBT shares outstanding history coverage, used to compute SBT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SBT market cap history over the course of time is important for investors
interested in comparing SBT'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 SBT versus a peer is one thing; comparing
SBT 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 SBT can fluctuate over the course of history.
With this page we aim to empower investors researching SBT by allowing them to research the SBT market cap history. |
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Video: The Importance of Market Cap
