TFS Financial is a holding company. Through its subsidiaries, Co.'s principal line of business is retail consumer banking, including mortgage lending, deposit gathering, and other financial services. Co.'s subsidiary, Third Federal Savings and Loan Association of Cleveland (the Association), provides retail loan and savings products to its customers through its various branches and loan production offices, customer service call center and internet site. The Association also provides savings products, purchase mortgages, first mortgage refinance loans, home equity lines of credit, and home equity loans in states outside of its branch footprint. We show 58 historical shares outstanding datapoints in our TFSL shares outstanding history coverage, used to compute TFSL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TFSL market cap history over the course of time is important for investors
interested in comparing TFSL'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 TFSL versus a peer is one thing; comparing
TFSL 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 TFSL can fluctuate over the course of history.
With this page we aim to empower investors researching TFSL by allowing them to research the TFSL market cap history. |
Free TFSL Email Alerts:
Video: The Importance of Market Cap
