Blue Foundry is a bank holding company. Through its subsidiary, Blue Foundry Bank, Co. originates one-to-four family residential real estate mortgages, home equity loans and lines of credit, consumer loans and lines of credit, and originations of commercial real estate, multi-family, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, Co. lends outside of its branch network, adding diversification to its loan portfolio. Co. accepts retail deposits from the general public in the areas surrounding its banking offices and through its online presence, providing a variety of deposit products. Co. also invests in investment securities. We show 6 historical shares outstanding datapoints in our coverage of BLFY's shares outstanding history.
Understanding the changing numbers of BLFY shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like BLFY versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching BLFY by allowing them to research BLFY shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
