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 Video: What is a Stock Split?
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| Corpbanca is primarily engaged in the provision of banking services to medium and small companies, commercial establishments and general consumers. Services provided include deposits, checking and savings accounts, credit cards, ATMs, export financing, consumer and commercial loans, letters of credit and financial intermediation. Through its subsidiaries, Co. is also engaged in financial advisory services, mutual fund management, insurance brokerage and securities brokerage services.As of Dec. 31, 2014, Co. had 127 branches and 414 ATMs in Chile and 170 branches and 180 ATMs in Colombia. As of Dec 31 2014, Co. had total assets of Chl$20,357,027,000 and total deposits of Chl$8,076,966,000. According to our BCA split history records, BCA has had 1 split. | |
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BCA (BCA) has 1 split in our BCA split history database. The split for BCA took place on February 23, 2011. This was a 10 for 3 split, meaning for each 3 shares of BCA owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 3333.33333333333 share position following the split.
When a company such as BCA 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 BCA split history from start to finish, an original position size of 1000 shares would have turned into 3333.33333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BCA shares, starting with a $10,000 purchase of BCA, presented on a split-history-adjusted basis factoring in the complete BCA split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
04/01/2016 |
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| Start price/share: |
$16.52 |
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| End price/share: |
$13.75 |
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| Starting shares: |
605.33 |
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| Ending shares: |
763.85 |
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| Dividends reinvested/share: |
$3.82 |
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| Total return: |
5.03% |
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| Average Annual Total Return: |
1.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,502.15 |
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| Years: |
2.81 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
04/01/2016 |
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| Start price/share: |
$16.52 |
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| End price/share: |
$13.75 |
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| Dividends collected/share: |
$3.82 |
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| Total return: |
6.34% |
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| Average Annual Total Return: |
2.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,633.09 |
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| Years: |
2.81 |
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| Date |
Ratio |
| 02/23/2011 | 10 for 3 |
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