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 Video: What is a Stock Split?
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| Bancorp 34 is a savings and loan holding company. Through its subsidiary, Bank 34, Co. provides a variety of banking services to individuals and businesses through its branches in Alamogordo and Las Cruces, NM, and Scottsdale and Peoria, AZ. The primary deposit products are demand deposits, certificates of deposit, negotiable orders of withdrawal, savings and money market accounts. Co. provides commercial checking accounts and related services, such as online cash management. Co. also provides low-cost checking account services. Co.'s primary lending products are real estate mortgage loans and commercial loans. According to our BCTF split history records, BCTF has had 1 split. | |
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BCTF (BCTF) has 1 split in our BCTF split history database. The split for BCTF took place on October 12, 2016. This was a 20473 for 10000 split, meaning for each 10000 shares of BCTF owned pre-split, the shareholder now owned 20473 shares. For example, a 1000 share position pre-split, became a 2047.3 share position following the split.
When a company such as BCTF 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 BCTF split history from start to finish, an original position size of 1000 shares would have turned into 2047.3 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BCTF shares, starting with a $10,000 purchase of BCTF, presented on a split-history-adjusted basis factoring in the complete BCTF split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/25/2016 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$12.45 |
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| End price/share: |
$12.30 |
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| Starting shares: |
803.21 |
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| Ending shares: |
921.49 |
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| Dividends reinvested/share: |
$2.08 |
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| Total return: |
13.34% |
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| Average Annual Total Return: |
1.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,332.86 |
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| Years: |
6.41 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/25/2016 |
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| End date: |
03/24/2023 |
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| Start price/share: |
$12.45 |
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| End price/share: |
$12.30 |
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| Dividends collected/share: |
$2.08 |
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| Total return: |
15.50% |
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| Average Annual Total Return: |
2.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,548.41 |
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| Years: |
6.41 |
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| Date |
Ratio |
| 10/12/2016 | 20473 for 10000 |
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