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Video: What is a Stock Split?
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Cullen/Frost Bankers is a holding company. Through its subsidiaries, Co. provides commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. Co.'s operating segments include Banking and Frost Wealth Advisors. The Banking operating segment includes both commercial and consumer banking services and Frost Insurance Agency. The Frost Wealth Advisors operating segment includes fee-based services within private trust, retirement services, and financial management services, including personal wealth management and securities brokerage services. According to our CFR split history records, Cullen/Frost Bankers has had 2 splits. | |
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Cullen/Frost Bankers (CFR) has 2 splits in our CFR split history database. The first split for CFR took place on June 24, 1996. This was a 2 for 1
split, meaning for each share of CFR 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. CFR's second split took place on June 23, 1999. This was a 2 for 1
split, meaning for each share of CFR owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as Cullen/Frost Bankers 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 CFR split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cullen/Frost Bankers shares, starting with a $10,000 purchase of CFR, presented on a split-history-adjusted basis factoring in the complete CFR split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$76.24 |
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End price/share: |
$110.73 |
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Starting shares: |
131.16 |
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Ending shares: |
175.15 |
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Dividends reinvested/share: |
$26.94 |
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Total return: |
93.94% |
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Average Annual Total Return: |
6.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$19,393.96 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$76.24 |
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End price/share: |
$110.73 |
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Dividends collected/share: |
$26.94 |
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Total return: |
80.57% |
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Average Annual Total Return: |
6.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,058.19 |
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Years: |
10.00 |
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Date |
Ratio |
06/24/1996 | 2 for 1
| 06/23/1999 | 2 for 1
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