Southern National Bancorp of Virginia is a bank holding company. Through its subsidiary, Sonabank, Co. provides financial services to individuals and small and medium sized businesses. Co. focuses on making loans secured primarily by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses, as well as loans to individuals. Co. is a Small Business Administration lender. Co. also invests in real estate-related securities, including collateralized mortgage obligations and agency mortgage backed securities. In addition, Co. provides deposit products, including checking (NOW), savings, money market accounts and certificates of deposit. We show 52 historical shares outstanding datapoints in our SONA shares outstanding history coverage, used to compute SONA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SONA market cap history over the course of time is important for investors
interested in comparing SONA'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 SONA versus a peer is one thing; comparing
SONA 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 SONA can fluctuate over the course of history.
With this page we aim to empower investors researching SONA by allowing them to research the SONA market cap history. |
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Video: The Importance of Market Cap
