What is Heritage Oaks Bancorp Shares Outstanding (EOP)?
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Heritage Oaks Bancorp's shares outstanding for the quarter that ended in Dec. 2016 was 34.35 Mil.
Heritage Oaks Bancorp's quarterly shares outstanding
increased
from Sep. 2016 (34.25 Mil) to Dec. 2016 (34.35 Mil).
It means Heritage Oaks Bancorpissued new shares from Sep. 2016 to Dec. 2016 .
Heritage Oaks Bancorp's annual shares outstanding
declined
from Dec. 2015 (34.35 Mil) to Dec. 2016 (34.35 Mil).
It means Heritage Oaks Bancorpbought back shares from Dec. 2015 to Dec. 2016 .
Heritage Oaks Bancorp Shares Outstanding (EOP) Historical Data
The historical data trend for Heritage Oaks Bancorp's Shares Outstanding (EOP) 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 Heritage Oaks Bancorp's Shares Outstanding (EOP)
For the Banks - Regional subindustry, Heritage Oaks Bancorp's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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.
Heritage Oaks Bancorp's Shares Outstanding (EOP) Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Heritage Oaks Bancorp's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Heritage Oaks Bancorp's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Heritage Oaks Bancorp Shares Outstanding (EOP) Related Terms
Thank you for viewing the detailed overview of Heritage Oaks Bancorp's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Heritage Oaks Bancorp (Heritage Oaks Bancorp) Business Description
Heritage Oaks Bancorp is a California corporation organized in 1994 and registered as a bank holding company. The Company acquired all of the outstanding common stock of Heritage Oaks Bank (Bank) and its subsidiaries in 1994. The Bank is a community-oriented financial services firm that provides banking products and services to small and medium sized businesses and consumers. Products and services are offered primarily through 12 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including two loan production offices in Santa Barbara and Ventura Counties. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans and SBA loans. For consumers, the Bank offers residential mortgages, equity lines of credit and other consumer loans. Deposit products offered include personal and business checking and savings accounts, time deposit accounts, individual retirement accounts ("IRAs") and money market accounts. The Bank also offers online banking, mobile banking, wire transfers, safe deposit boxes, cashier's checks, traveler's checks, bank-by-mail, night depository services and other customary banking services. The Company's competitors include money center banks and large regional banks. Competition also includes other community-focused commercial banks. As a bank holding company, the Company is regulated under the Bank Holding Company Act ("BHC Act") and is subject to inspection, examination and supervision by the Federal Reserve. It is also subject to the California Financial Code, as well as limited oversight by the DBO and the FDIC.
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