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 Video: What is a Stock Split?
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| BCB Bancorp is a bank holding company. Through its subsidiary, BCB Community Bank, Co. provides its customers: loans, including commercial and multi-family real estate loans, one-to-four family mortgage loans, commercial business loans, construction loans, home equity loans, and consumer loans; Federal Deposit Insurance Corporation-insured deposit products, including money market accounts, certificates of deposit, and individual retirement accounts; and retail and commercial banking services including wire transfers, money orders, safe deposit boxes, night depository, debit cards, online banking, mobile banking, fraud detection (positive pay), and automated teller services. According to our BCBP split history records, BCB Bancorp has had 3 splits. | |
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BCB Bancorp (BCBP) has 3 splits in our BCBP split history database. The first split for BCBP took place on October 30, 2003. This was a 11 for 10 split, meaning for each 10 shares of BCBP owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. BCBP's second split took place on November 23, 2004. This was a 125 for 100 split, meaning for each 100 shares of BCBP owned pre-split, the shareholder now owned 125 shares. For example, a 1100 share position pre-split, became a 1375 share position following the split. BCBP's third split took place on October 28, 2005. This was a 125 for 100 split, meaning for each 100 shares of BCBP owned pre-split, the shareholder now owned 125 shares. For example, a 1375 share position pre-split, became a 1718.75 share position following the split.
When a company such as BCB 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 BCBP split history from start to finish, an original position size of 1000 shares would have turned into 1718.75 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BCB Bancorp shares, starting with a $10,000 purchase of BCBP, presented on a split-history-adjusted basis factoring in the complete BCBP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$13.54 |
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| End price/share: |
$11.62 |
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| Starting shares: |
738.55 |
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| Ending shares: |
1,158.47 |
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| Dividends reinvested/share: |
$5.78 |
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| Total return: |
34.61% |
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| Average Annual Total Return: |
3.02% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,463.09 |
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| Years: |
9.99 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/10/2013 |
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| End date: |
12/06/2023 |
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| Start price/share: |
$13.54 |
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| End price/share: |
$11.62 |
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| Dividends collected/share: |
$5.78 |
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| Total return: |
28.51% |
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| Average Annual Total Return: |
2.54% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$12,849.12 |
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| Years: |
9.99 |
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| Date |
Ratio |
| 10/30/2003 | 11 for 10 | | 11/23/2004 | 125 for 100 | | 10/28/2005 | 125 for 100 |
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