Patriot National Bancorp is a bank holding company. Through its subsidiary, Patriot Bank, N.A (the Bank), provides commercial real estate loans, commercial business loans, SBA loans originated under the U.S. Small Business Administration (SBA), and a variety of consumer loans with an emphasis on serving the needs of individuals, small and medium-sized businesses and personnels. The Bank's lending activities are conducted principally in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. Other services provided by the Bank include Automated Clearing House transfers, internet banking, debit cards, money orders, traveler's checks, and automatic teller machines. We show 45 historical shares outstanding datapoints in our coverage of PNBK's shares outstanding history.
Understanding the changing numbers of PNBK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PNBK 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 PNBK by allowing them to research PNBK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
