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Akita Bank (Akita Bank) Market Cap : $261.0 Mil (As of May. 18, 2024)


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What is Akita Bank Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Akita Bank's share price for the quarter that ended in Dec. 2023 was $2.5. Akita Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 17.6 Mil. Therefore, Akita Bank's market cap for the quarter that ended in Dec. 2023 was $44.0 Mil.

Akita Bank's quarterly market cap increased from Jun. 2023 ($43.9 Mil) to Sep. 2023 ($44.0 Mil) but then stayed the same from Sep. 2023 ($44.0 Mil) to Dec. 2023 ($44.0 Mil).

Akita Bank's annual market cap increased from Mar. 2021 ($44.7 Mil) to Mar. 2022 ($44.7 Mil) but then declined from Mar. 2022 ($44.7 Mil) to Mar. 2023 ($43.9 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. Akita Bank's Enterprise Value for Today is $-3,329.5 Mil.


Akita Bank Market Cap Historical Data

The historical data trend for Akita 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.

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Akita Bank Market Cap Chart

Akita Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.88 44.66 44.70 44.73 43.88

Akita Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.59 43.88 43.88 43.99 43.99

Competitive Comparison of Akita Bank's Market Cap

For the Banks - Regional subindustry, Akita 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.


Akita Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Akita Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Akita Bank's Market Cap falls into.



Akita 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.

Akita Bank's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=$2.5*17.5536
=$43.9

Akita Bank's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$2.5*17.5946
=$44.0

* 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.


Akita Bank  (OTCPK:AKBKF) 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 company’s 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.


Akita Bank Market Cap Related Terms

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Akita Bank (Akita Bank) Business Description

Traded in Other Exchanges
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

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