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Grand River Commerce (Grand River Commerce) Market Cap : $20.21 Mil (As of May. 04, 2024)


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What is Grand River Commerce 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). Grand River Commerce's share price for the quarter that ended in Sep. 2023 was $3.7. Grand River Commerce's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 7.04 Mil. Therefore, Grand River Commerce's market cap for the quarter that ended in Sep. 2023 was $26.05 Mil.

Grand River Commerce's quarterly market cap declined from Mar. 2023 ($38.02 Mil) to Jun. 2023 ($27.91 Mil) and declined from Jun. 2023 ($27.91 Mil) to Sep. 2023 ($26.05 Mil).

Grand River Commerce's annual market cap increased from Dec. 2020 ($34.00 Mil) to Dec. 2021 ($50.49 Mil) but then declined from Dec. 2021 ($50.49 Mil) to Dec. 2022 ($38.65 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. Grand River Commerce's Enterprise Value for Today is $34.67 Mil.


Grand River Commerce Market Cap Historical Data

The historical data trend for Grand River Commerce'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.

Grand River Commerce Market Cap Chart

Grand River Commerce Annual Data
Trend Dec09 Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.27 38.72 34.00 50.49 38.65

Grand River Commerce Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 40.40 38.65 38.02 27.91 26.05

Competitive Comparison of Grand River Commerce's Market Cap

For the Banks - Regional subindustry, Grand River Commerce'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.


Grand River Commerce's Market Cap Distribution in the Banks Industry

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

* The bar in red indicates where Grand River Commerce's Market Cap falls into.



Grand River Commerce 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.

Grand River Commerce's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=$5.5*7.02642
=$38.65

Grand River Commerce's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=$3.7*7.04142
=$26.05

* 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.


Grand River Commerce  (OTCPK:GNRV) 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.


Grand River Commerce Market Cap Related Terms

Thank you for viewing the detailed overview of Grand River Commerce's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Grand River Commerce (Grand River Commerce) Business Description

Traded in Other Exchanges
N/A
Address
4471 Wilson Avenue, South West, Grandville, MI, USA, 49418
Grand River Commerce Inc is a United States based bank holding company. It operates a full-service commercial bank and offers a range of commercial and consumer banking services to businesses, professionals, and local residents. The bank's deposit products are Interest and Non-interest bearing checking accounts, Savings accounts and Time deposits, and its primary lending products are Real estate mortgages, Commercial and Consumer loans. The company's prime source of revenue is the interest income.
Executives
Patrick K Gill officer: PRES/CEO - Grand River Bank
Thomas Patrick Jeakle director 333 BRIDGE NW, 11TH FLOOR, GRAND RAPIDS MI 49504
Randall L Hartgerink director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Ted Kortes director PO BOX 100, MT. PLEASANT MI 48804-0100
Blauw Richard James Jr director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Roger Lee Roode director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jerry Andrew Sytsma director, officer: VICE PRESIDENT, SECRETARY 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Robert Paul Bilotti director, officer: CHAIRMAN, PRESIDENT AND CEO 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Jeffrey Alan Elders director, officer: Treasurer 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
David Kenneth Hovingh director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Cheryl Mae Blouw director 4471 WISLON AVENUE SW, GRANDVILLE MI 49418
David Harold Blossey director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Lawrence Barcley Fitch director 4471 WILSON AVENUE SW, GRANDVILLE MI 49418
Elizabeth Claire Bracken officer: Chief Financial Officer 4471 WILSON AVE. SW, GRANDVILLE MI 49418
Mark Arden Martis officer: CLO for Grand River Bank 4471 WILSON AVE SW, GRANDVILLE MI 49418

Grand River Commerce (Grand River Commerce) Headlines