Elmira Savings Bank is engaged primarily in the business of accepting deposits from the general public and originating mortgage loans secured by first and second liens on one-to-four family residences, consumer loans on automobiles, general consumer loans, commercial real estate loans and commercial loans. Co.'s market areas are in Elmira, NY, Ithaca, NY, and Corning, NY, and include the surrounding communities in the southern tier and central New York region. Co.'s subsidiaries are: ESB Realty Corp., which operates as a real estate investment trust; and ESB Advisory Services, Inc., which provides financial services products and financial planning advisory services. We show 4 historical shares outstanding datapoints in our coverage of ESBK's shares outstanding history.
Understanding the changing numbers of ESBK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ESBK 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 ESBK by allowing them to research ESBK shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
