Hindsight Market

The Graveyard › 2009

Provident Bankshares Corp

PBKS · Banks · NASDAQ · in our data December 15, 1987 to May 22, 2009 (21.4 years)

The first trading day in our data for Provident Bankshares Corp is December 15, 1987 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 18, 2006, the market valued it at $1.3 billion. It left the market when it was bought or merged, last trading at $7.83, -77.2% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1987-122009-05
Peak market value$1.3 billionOctober 18, 2006
Highest split-adjusted share price$34.34October 18, 2006
Last share price$7.83May 22, 2009
From its split-adjusted high to the end-77.2%
Return over the days in our data+393.8%with dividends, before the last trade
Worst single day-20.2%September 29, 2008

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1987.

Could you have seen it coming? Play The Crash of '08

Also gone in 2009: Banks