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 Video: What is a Stock Split?
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| Access National is a bank holding company. Co.'s wholly owned subsidiary, Access National Bank (the Bank) provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in Washington, D.C. Metropolitan Area. The Bank provides a range of financial services and products and is engaged in providing customized financial services to small and medium sized businesses, professionals, and associated individuals. The Bank provides its customers with personal customized service. As of Dec 31 2017, Co. had total assets of $2.87 billion and total deposits of $2.23 billion. According to our ANCX split history records, ANCX has had 1 split. | |
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ANCX (ANCX) has 1 split in our ANCX split history database. The split for ANCX took place on December 27, 2005. This was a 2 for 1 split, meaning for each share of ANCX owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as ANCX splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ANCX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ANCX shares, starting with a $10,000 purchase of ANCX, presented on a split-history-adjusted basis factoring in the complete ANCX split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
01/31/2019 |
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| Start price/share: |
$15.00 |
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| End price/share: |
$23.61 |
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| Starting shares: |
666.67 |
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| Ending shares: |
774.10 |
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| Dividends reinvested/share: |
$3.16 |
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| Total return: |
82.76% |
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| Average Annual Total Return: |
13.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,274.23 |
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| Years: |
4.76 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/28/2014 |
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| End date: |
01/31/2019 |
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| Start price/share: |
$15.00 |
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| End price/share: |
$23.61 |
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| Dividends collected/share: |
$3.16 |
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| Total return: |
78.47% |
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| Average Annual Total Return: |
12.93% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,848.59 |
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| Years: |
4.76 |
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| Date |
Ratio |
| 12/27/2005 | 2 for 1 |
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