Select Bancorp is a commercial bank holding company. Through its wholly owned banking subsidiary, Select Bank & Trust Company (the Bank), Co. provides a range of banking services including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. Co.'s market area consists of portions of central, eastern, and western North Carolina which includes Alamance, Brunswick, Carteret, Cumberland, Harnett, Jackson, Macon, Mecklenburg, New Hanover, Pasquotank, Pitt, Robeson, Sampson, Wake and Wayne counties, portions of northwestern South Carolina in Cherokee and York counties and the City of Virginia Beach, VA. We show 48 historical shares outstanding datapoints in our SLCT shares outstanding history coverage, used to compute SLCT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SLCT market cap history over the course of time is important for investors
interested in comparing SLCT'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 SLCT versus a peer is one thing; comparing
SLCT 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 SLCT can fluctuate over the course of history.
With this page we aim to empower investors researching SLCT by allowing them to research the SLCT market cap history. |
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Video: The Importance of Market Cap
