Texas Community Bancshares is a bank holding company. Co. conducts its operations primarily through its wholly owned subsidiary, Mineola Community Bank. Co.'s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans. Co. provides a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit and individual retirement accounts. We show 14 historical shares outstanding datapoints in our TCBS shares outstanding history coverage, used to compute TCBS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TCBS market cap history over the course of time is important for investors
interested in comparing TCBS'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 TCBS versus a peer is one thing; comparing
TCBS 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 TCBS can fluctuate over the course of history.
With this page we aim to empower investors researching TCBS by allowing them to research the TCBS market cap history. |
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Video: The Importance of Market Cap
