Bank of Montreal is a financial services provider based in North America. Co. conducts business through three operating groups: Personal and Commercial Banking, which provides customers with a range of financial products and services, including deposits, lending, and everyday financial and investment advice through a network of branches, dedicated contact centers, digital banking platforms and automated teller machines; BMO Wealth Management, which provides a range of wealth, asset management and insurance products and services; and BMO Capital Markets, which provides equity and debt investment and corporate banking services, as well as global market sales and trading solutions. We show 3 historical shares outstanding datapoints in our SHNY shares outstanding history coverage, used to compute SHNY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHNY market cap history over the course of time is important for investors
interested in comparing SHNY'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 SHNY versus a peer is one thing; comparing
SHNY 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 SHNY can fluctuate over the course of history.
With this page we aim to empower investors researching SHNY by allowing them to research the SHNY market cap history. |
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Video: The Importance of Market Cap
