WestAmerica is a bank holding company. Through its subsidiary bank, Westamerica Bank (the Bank), Co. provides a range of banking services to individual and commercial customers in Northern and Central California. The principal communities served are located in Northern and Central California, from Mendocino, Lake and Nevada Counties in the north to Kern County in the south. In addition, the Bank owns 100% of the capital stock of Community Banker Services Corporation, a company engaged in providing Co. and its subsidiaries with data processing services and other support functions. We show 56 historical shares outstanding datapoints in our WABC shares outstanding history coverage, used to compute WABC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WABC market cap history over the course of time is important for investors
interested in comparing WABC'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 WABC versus a peer is one thing; comparing
WABC 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 WABC can fluctuate over the course of history.
With this page we aim to empower investors researching WABC by allowing them to research the WABC market cap history. |
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Video: The Importance of Market Cap
