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Video: What is a Stock Split?
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Wintrust Financial is a financial holding company. Co. conducts its businesses through three primary segments: community banking, specialty finance and wealth management. Through its community banking segment, Co.'s banking subsidiaries (collectively, the banks) provide community-oriented, personal and commercial banking services to customers located in the Chicago metropolitan area, southern Wisconsin and northwest Indiana (Co.'s market area). Through its specialty finance segment, Co. provides financing of insurance premiums for businesses and individuals; accounts receivable financing, out-sourced administrative services; and other finance businesses. According to our WTFC split history records, Wintrust Financial has had 1 split. | |
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Wintrust Financial (WTFC) has 1 split in our WTFC split history database. The split for WTFC took place on March 15, 2002. This was a 3 for 2 split, meaning for each 2 shares of WTFC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Wintrust Financial 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 WTFC split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Wintrust Financial shares, starting with a $10,000 purchase of WTFC, presented on a split-history-adjusted basis factoring in the complete WTFC split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$48.66 |
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End price/share: |
$104.67 |
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Starting shares: |
205.51 |
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Ending shares: |
235.51 |
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Dividends reinvested/share: |
$9.31 |
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Total return: |
146.50% |
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Average Annual Total Return: |
9.44% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,640.73 |
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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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$48.66 |
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End price/share: |
$104.67 |
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Dividends collected/share: |
$9.31 |
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Total return: |
134.24% |
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Average Annual Total Return: |
8.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,430.34 |
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Years: |
10.00 |
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Date |
Ratio |
03/15/2002 | 3 for 2 |
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