West Bancorporation is a bank holding company. Through its subsidiary, West Bank, Co. provides community banking and trust services to customers located primarily in the Des Moines, Coralville and Iowa City, IA, and Rochester, Owatonna, Mankato and St. Cloud, MN. West Bank provides various types of credit to its customers, including commercial, real estate and consumer loans. West Bank provides trust services, including the administration of estates, conservatorships, personal trusts and agency accounts. West Bank provides a range of deposit services, including checking, savings and money market accounts and time certificates of deposit. We show 53 historical shares outstanding datapoints in our WTBA shares outstanding history coverage, used to compute WTBA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WTBA market cap history over the course of time is important for investors
interested in comparing WTBA'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 WTBA versus a peer is one thing; comparing
WTBA 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 WTBA can fluctuate over the course of history.
With this page we aim to empower investors researching WTBA by allowing them to research the WTBA market cap history. |
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Video: The Importance of Market Cap
