|
Video: What is a Stock Split?
|
|
East West Bancorp is a bank holding company. Through its subsidiary, East West Bank (the Bank), Co. provides a range of banking services to individuals and businesses. Co. organizes its operations into two operating segments: Consumer and Business Banking; and Commercial Banking. The Consumer and Business Banking segment primarily provides financial products and services to consumer and commercial customers through Co.'s domestic branch network. The Commercial Banking segment primarily generates commercial loans and deposits. Commercial loan products include commercial real estate lending, construction finance, working capital lines of credit, trade finance, and letters of credit. According to our EWBC split history records, East West Bancorp has had 1 split. | |
|
East West Bancorp (EWBC) has 1 split in our EWBC split history database. The split for EWBC took place on June 22, 2004. This was a 2 for 1 split, meaning for each share of EWBC 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 East West Bancorp 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 EWBC 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 East West Bancorp shares, starting with a $10,000 purchase of EWBC, presented on a split-history-adjusted basis factoring in the complete EWBC split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
04/01/2014 |
|
End date: |
03/28/2024 |
|
Start price/share: |
$36.75 |
|
End price/share: |
$79.11 |
|
Starting shares: |
272.11 |
|
Ending shares: |
337.73 |
|
Dividends reinvested/share: |
$11.35 |
|
Total return: |
167.18% |
|
Average Annual Total Return: |
10.33% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$26,718.94 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
04/01/2014 |
|
End date: |
03/28/2024 |
|
Start price/share: |
$36.75 |
|
End price/share: |
$79.11 |
|
Dividends collected/share: |
$11.35 |
|
Total return: |
146.14% |
|
Average Annual Total Return: |
9.43% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$24,618.23 |
|
Years: |
10.00 |
|
|
|
Date |
Ratio |
06/22/2004 | 2 for 1 |
|
|