WaFd, Inc. is a bank holding company primarily operating through its subsidiary, Washington Federal Bank (WaFd Bank), a federally insured commercial bank in Washington state. WaFd Bank provides lending, depository, insurance, and other banking services to consumers, businesses, and real estate developers. Its core activities include accepting public deposits and offering various loans, such as first lien mortgages, construction loans, multifamily and commercial real estate loans, home equity loans, and business loans. The Bank also invests in U.S. government and agency obligations and other investments. We show 62 historical shares outstanding datapoints in our WAFD shares outstanding history coverage, used to compute WAFD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WAFD market cap history over the course of time is important for investors
interested in comparing WAFD'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 WAFD versus a peer is one thing; comparing
WAFD 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 WAFD can fluctuate over the course of history.
With this page we aim to empower investors researching WAFD by allowing them to research the WAFD market cap history. |
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Video: The Importance of Market Cap
