 |
 Video: What is a Stock Split?
|
|
|
| BancFirst Corporation is a financial holding company, which operates through its subsidiaries, BancFirst and Pegasus Bank, which are a state-chartered banks. Co. has six business units: metropolitan banks, community banks, Pegasus, Worthington, other financial services and executive, operations, and support. Metropolitan banks, community banks, Pegasus and Worthington offers commercial and retail lending, a full line of deposit accounts and other. Metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. Community banks consist of banking locations in communities throughout Oklahoma. According to our BANF split history records, BancFirst has had 3 splits. | |
|
BancFirst (BANF) has 3 splits in our BANF split history database. The first split for BANF took place on June 15, 1992. This was a 3 for 2
split, meaning for each 2
shares of BANF 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. BANF's second split took place on March 02, 2006. This was a 2 for 1 split, meaning for each share of BANF owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. BANF's third split took place on August 01, 2017. This was a 2 for 1 split, meaning for each share of BANF owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split.
When a company such as BancFirst 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 BANF split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BancFirst shares, starting with a $10,000 purchase of BANF, presented on a split-history-adjusted basis factoring in the complete BANF split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
09/12/2016 |
|
| End date: |
09/08/2026 |
|
| Start price/share: |
$34.94 |
|
| End price/share: |
$111.29 |
|
| Starting shares: |
286.20 |
|
| Ending shares: |
348.65 |
|
| Dividends reinvested/share: |
$14.00 |
|
| Total return: |
288.02% |
|
| Average Annual Total Return: |
14.53% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$38,803.40 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
09/12/2016 |
|
| End date: |
09/08/2026 |
|
| Start price/share: |
$34.94 |
|
| End price/share: |
$111.29 |
|
| Dividends collected/share: |
$14.00 |
|
| Total return: |
258.59% |
|
| Average Annual Total Return: |
13.63% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$35,861.30 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 06/15/1992 | 3 for 2
| | 03/02/2006 | 2 for 1 | | 08/01/2017 | 2 for 1 |
|
|
Free BANF Email Alerts:
