PT Bank Mandiri (Persero) Tbk Shares float
What is the Shares float of PT Bank Mandiri (Persero) Tbk?
The Shares float of PT Bank Mandiri (Persero) Tbk is 872.807M 37.41%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on OTC compared to PT Bank Mandiri (Persero) Tbk
What does PT Bank Mandiri (Persero) Tbk do?
PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses. The company also provides investment products comprising mutual funds, stocks, and bond trading; life, health, and general insurance products; credit, debit, and corporate cards; e-banking services; digital lending; cash management services; trade finance services, value chain, supply chain management, global and domestic trade, export and import, standby letter of credit, and bank guarantee, as well as spot and forex services; custodial services; treasury services, including cash transaction/liquidity, hedging, and investment products; trust services comprising trustee, paying agent, security agent, escrow agent, monitoring agent, and receiving bank services; and money transfer, remittance services, and venture capital financing. As of 31 December 2021, it operated 2,609 branches, including 137 branch offices, 2,465 sub-branch offices, and 7 overseas branch offices; and 13,087 ATM facilities. The company was founded in 1998 and is headquartered in Jakarta, Indonesia.
Companies with shares float similar to PT Bank Mandiri (Persero) Tbk
- Lvji Technology has Shares float of 868.003M 59.30%
- HKBN has Shares float of 869.171M 66.27%
- Smith & Nephew Plc has Shares float of 869.561M 98.84%
- 473977 has Shares float of 870.063M 132.56%
- Savannah Plc has Shares float of 870.864M 87.40%
- RSA Insurance Plc has Shares float of 871.652M 84.04%
- PT Bank Mandiri (Persero) Tbk has Shares float of 872.807M 37.41%
- Gage Roads Brewing Co has Shares float of 872.871M 70.15%
- Thanachart Capital Pcl has Shares float of 873.046M Inf%
- Canadian Pacific Railway has Shares float of 873.921M 94.01%
- Himachal Futuristic Communications has Shares float of 875.415M 68.16%
- National Aluminium has Shares float of 875.478M 47.67%
- Swedbank AB has Shares float of 875.479M 78.07%