Territorial Bancorp is a savings and loan holding company. Through its subsidiary, Territorial Savings Bank (the Bank), Co. provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. The Bank's business consists primarily of accepting deposits from the public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans and investment securities. Co. also originates home equity loans and lines of credit, construction, commercial and other nonresidential real estate loans, consumer loans, multi-family mortgage loans and other loans. We show 57 historical shares outstanding datapoints in our coverage of TBNK's shares outstanding history.
Understanding the changing numbers of TBNK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TBNK 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 TBNK by allowing them to research TBNK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
