Lumbee Guaranty Bank's quarterly market cap
declined
from Sep. 2023 ($30.90 Mil) to Dec. 2023 ($30.06 Mil) but then
increased
from Dec. 2023 ($30.06 Mil) to Mar. 2024 ($36.74 Mil).
Lumbee Guaranty Bank's annual market cap
declined
from Dec. 2021 ($41.33 Mil) to Dec. 2022 ($38.95 Mil) and
declined
from Dec. 2022 ($38.95 Mil) to Dec. 2023 ($30.06 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Lumbee Guaranty Bank's Enterprise Value for Today is $4.04 Mil.
Lumbee Guaranty Bank Market Cap Historical Data
The historical data trend for Lumbee Guaranty Bank's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Lumbee Guaranty Bank's Market Cap
For the Banks - Regional subindustry, Lumbee Guaranty Bank's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lumbee Guaranty Bank's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Lumbee Guaranty Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where Lumbee Guaranty Bank's Market Cap falls into.
Lumbee Guaranty Bank Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Lumbee Guaranty Bank's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lumbee Guaranty Bank (OTCPK:LUMB) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Lumbee Guaranty Bank Market Cap Related Terms
Thank you for viewing the detailed overview of Lumbee Guaranty Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lumbee Guaranty Bank (Lumbee Guaranty Bank) Business Description
Lumbee Guaranty Bank is a state-chartered bank. The bank extends both commercial and consumer loans throughout its market area and offers a wide range of saving, spending, and borrowing products and services. The bank operates through approximately fourteen full-service offices in Robeson, Cumberland, and Hoke Counties.
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