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Prime Meridian Holding Co (Prime Meridian Holding Co) Market Cap : $74.51 Mil (As of May. 18, 2024)


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What is Prime Meridian Holding Co 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). Prime Meridian Holding Co's share price for the quarter that ended in Mar. 2024 was $21.61. Prime Meridian Holding Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3.30 Mil. Therefore, Prime Meridian Holding Co's market cap for the quarter that ended in Mar. 2024 was $71.21 Mil.

Prime Meridian Holding Co's quarterly market cap increased from Sep. 2023 ($71.97 Mil) to Dec. 2023 ($76.77 Mil) but then declined from Dec. 2023 ($76.77 Mil) to Mar. 2024 ($71.21 Mil).

Prime Meridian Holding Co's annual market cap declined from Dec. 2021 ($88.36 Mil) to Dec. 2022 ($78.48 Mil) and declined from Dec. 2022 ($78.48 Mil) to Dec. 2023 ($76.77 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. Prime Meridian Holding Co's Enterprise Value for Today is $83.43 Mil.


Prime Meridian Holding Co Market Cap Historical Data

The historical data trend for Prime Meridian Holding Co'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.

* Premium members only.

Prime Meridian Holding Co Market Cap Chart

Prime Meridian Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.42 56.15 88.36 78.48 76.77

Prime Meridian Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 70.09 67.02 71.97 76.77 71.21

Competitive Comparison of Prime Meridian Holding Co's Market Cap

For the Banks - Regional subindustry, Prime Meridian Holding Co'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.


Prime Meridian Holding Co's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Prime Meridian Holding Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Prime Meridian Holding Co's Market Cap falls into.



Prime Meridian Holding Co 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.

Prime Meridian Holding Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$23.55*3.25988
=$76.77

Prime Meridian Holding Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$21.61*3.29526
=$71.21

* 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.


Prime Meridian Holding Co  (OTCPK:PMHG) 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.


Prime Meridian Holding Co Market Cap Related Terms

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Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1471 Timberlane Road, Tallahassee, FL, USA, 32312
Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.