Territorial Bancorp is a savings and loan holding company. Through its subsidiary, Territorial Savings Bank (the Bank), Co. provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. The Bank's business consists primarily of accepting deposits from the public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans and investment securities. Co. also originates home equity loans and lines of credit, construction, commercial and other nonresidential real estate loans, consumer loans, multi-family mortgage loans and other loans. We show 57 historical shares outstanding datapoints in our TBNK shares outstanding history coverage, used to compute TBNK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TBNK market cap history over the course of time is important for investors
interested in comparing TBNK'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 TBNK versus a peer is one thing; comparing
TBNK 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 TBNK can fluctuate over the course of history.
With this page we aim to empower investors researching TBNK by allowing them to research the TBNK market cap history. |
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Video: The Importance of Market Cap
