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 Video: What is a Stock Split?
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| Alliance Bancorp is a savings and loan holding company. Through its subsidiary, Alliance Bank, Co.'s primary business consists of accepting deposits from the general public and using those funds, together with funds it borrows, to originate loans to its customers and invest in securities such as U.S. Government and agency securities, mortgage-backed securities and municipal obligations. The primary market areas served by Alliance Bank are Delaware and Chester Counties, Philadelphia, and the suburban areas to the west and south of Philadelphia, including southern New Jersey. As of Dec 31 2013, Co. had total assets of $425.5 million and total deposits of $345.4 million. According to our ALLB split history records, ALLB has had 1 split. | |
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ALLB (ALLB) has 1 split in our ALLB split history database. The split for ALLB took place on April 18, 2001. This was a 105 for 100 split, meaning for each 100 shares of ALLB owned pre-split, the shareholder now owned 105 shares. For example, a 1000 share position pre-split, became a 1050 share position following the split.
When a company such as ALLB 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 ALLB split history from start to finish, an original position size of 1000 shares would have turned into 1050 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ALLB shares, starting with a $10,000 purchase of ALLB, presented on a split-history-adjusted basis factoring in the complete ALLB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/09/2015 |
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| Start price/share: |
$16.41 |
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| End price/share: |
$23.98 |
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| Starting shares: |
609.38 |
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| Ending shares: |
617.15 |
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| Dividends reinvested/share: |
$0.24 |
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| Total return: |
47.99% |
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| Average Annual Total Return: |
47.68% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,799.58 |
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| Years: |
1.01 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/07/2014 |
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| End date: |
10/09/2015 |
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| Start price/share: |
$16.41 |
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| End price/share: |
$23.98 |
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| Dividends collected/share: |
$0.24 |
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| Total return: |
47.59% |
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| Average Annual Total Return: |
47.28% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,759.28 |
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| Years: |
1.01 |
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| Date |
Ratio |
| 04/18/2001 | 105 for 100 |
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