Wellesley Bancorp is a bank holding company. Through its subsidiary, Wellesley Bank, Co. operates as a community-oriented financial institution providing financial services to consumers and businesses. Co. accepts deposits from the general public and uses those funds to originate primarily residential mortgage loans, commercial real estate loans and construction loans, commercial business loans, and, to a lesser extent, home equity lines of credit and other consumer loans. Co. also provides investment management services for individuals, families, businesses, private partnerships, nonprofit organizations, foundations and trusts through its subsidiary, Wellesley Investment Partners, LLC. We show 34 historical shares outstanding datapoints in our WEBK shares outstanding history coverage, used to compute WEBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WEBK market cap history over the course of time is important for investors
interested in comparing WEBK'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 WEBK versus a peer is one thing; comparing
WEBK 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 WEBK can fluctuate over the course of history.
With this page we aim to empower investors researching WEBK by allowing them to research the WEBK market cap history. |
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Video: The Importance of Market Cap
