Metrocity Bankshares is a bank holding company. Through its wholly owned subsidiary, Metro City Bank (the Bank), Co. is engaged in the commercial banking and it provides such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, including single family residential loans, money transfers and a variety of other banking services. The Bank operates branches in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. Co. provides depository products, including checking, savings, money market and certificates of deposits, to individuals, businesses, municipalities and other entities. We show 18 historical shares outstanding datapoints in our coverage of MCBS's shares outstanding history.
Understanding the changing numbers of MCBS shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MCBS 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 MCBS by allowing them to research MCBS shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
