The Bancorp is a financial holding company. Through its subsidiary, The Bancorp Bank (the Bank), Co. focuses its lending activities upon four lending segments: securities-backed lines of credit and cash value of insurance-backed lines of credit leasing (direct lease financing), Small Business Administration (SBA) loans and non-SBA commercial real estate loans. Co. provides a range of products and services to its affinity group clients and their customer bases, including: checking accounts; savings accounts; money market accounts; commercial accounts; and various types of prepaid and debit cards. Co. also provides Automated Clearing House bill payment and other payment services. We show 51 historical shares outstanding datapoints in our TBBK shares outstanding history coverage, used to compute TBBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TBBK market cap history over the course of time is important for investors
interested in comparing TBBK'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 TBBK versus a peer is one thing; comparing
TBBK 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 TBBK can fluctuate over the course of history.
With this page we aim to empower investors researching TBBK by allowing them to research the TBBK market cap history. |
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Video: The Importance of Market Cap
