United Bankshares is a financial holding company. Through its banking subsidiary, United Bank, Co. provides a range of commercial and retail banking services and products. Co. also owns nonbank subsidiaries which engage in other community banking services such as asset management, real property title insurance, financial planning, mortgage banking, and brokerage services. Co., through its subsidiaries, engages primarily in community banking and mortgage banking, including the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and floor plan loans; and the making of construction and real estate loans. We show 56 historical shares outstanding datapoints in our UBSI shares outstanding history coverage, used to compute UBSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UBSI market cap history over the course of time is important for investors
interested in comparing UBSI'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 UBSI versus a peer is one thing; comparing
UBSI 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 UBSI can fluctuate over the course of history.
With this page we aim to empower investors researching UBSI by allowing them to research the UBSI market cap history. |
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Video: The Importance of Market Cap
