ASCN (Absecon Bancorp) Market Cap : $9.49 Mil (As of Jan. 18, 2025)

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What is Absecon Bancorp 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). Absecon Bancorp's share price for the quarter that ended in Dec. 2023 was $71.66. Absecon Bancorp's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 0.11 Mil. Therefore, Absecon Bancorp's market cap for the quarter that ended in Dec. 2023 was $7.91 Mil.

Absecon Bancorp's quarterly market cap declined from Dec. 2021 ($9.79 Mil) to Dec. 2022 ($8.40 Mil) and declined from Dec. 2022 ($8.40 Mil) to Dec. 2023 ($7.91 Mil).

Absecon Bancorp's annual market cap declined from Dec. 2021 ($9.79 Mil) to Dec. 2022 ($8.40 Mil) and declined from Dec. 2022 ($8.40 Mil) to Dec. 2023 ($7.91 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. Absecon Bancorp's Enterprise Value for Today is $-10.44 Mil.

Absecon Bancorp Market Cap Historical Data

The historical data trend for Absecon Bancorp'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.

Absecon Bancorp Market Cap Chart

Absecon Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

9.82

8.42

9.79

8.40

7.91

Absecon Bancorp Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Market Cap	9.82	8.42	9.79	8.40	7.91

Competitive Comparison of Absecon Bancorp's Market Cap

For the Banks - Regional subindustry, Absecon Bancorp'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.

Absecon Bancorp's Market Cap Distribution in the Banks Industry

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

* The bar in red indicates where Absecon Bancorp's Market Cap falls into.

Absecon Bancorp 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.

Absecon Bancorp'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 )
	=	$71.66	*	0.1104
	=	$7.91

Absecon Bancorp'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 )
	=	$71.66	*	0.1104
	=	$7.91

Absecon Bancorp (OTCPK:ASCN) 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.

Absecon Bancorp Market Cap Related Terms

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Absecon Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absecon Bancorp (OTCPK:ASCN) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 New Jersey Avenue, Absecon, NJ, USA, 08201-2409

Website

https://www.fnbabsecon.com

Absecon Bancorp is engaged in providing financial products and services to individual and corporate customers in southern New Jersey. The principal business of the Bank consists of attracting deposits and applying those funds to the purchase of investments and the origination of loans. The Bank's income is derived principally from interest and dividends on investments and interest and fees earned in connection with its lending activities.

Absecon Bancorp Headlines

From GuruFocus

Absecon Bancorp Announces Special Cash Dividend of $3.00 Per Share along with an Annual Cash Dividend of $2.00 Per Share

By Marketwired Marketwired • 12-01-2020