 |
 Video: What is a Stock Split?
|
|
|
| BBVA Banco Frances is engaged in general banking activities. Services provided include deposits, checking and savings accounts, automatic teller machines (ATMs), VISA credit cards, mortgage financing, commercial and personal loans, electronic collections, foreign currency transactions, investment advisory services, custody of securities, and travelers' checks. Co. has operating centers throughout Argentina. As of Dec 31 2016, Co. operates a 302 attention-to-clients units, 251 of which are retail branches and 34 are specialized in the small and middle-market companies and institutions. As of Dec 31 2016, Co. had total assets of Arg$151,752,711,000 and total deposits of Arg$114,621,753,000. According to our BFR split history records, BFR has had 3 splits. | |
|
BFR (BFR) has 3 splits in our BFR split history database. The first split for BFR took place on December 11, 1996. This was a 23 for 20
split, meaning for each 20
shares of BFR owned pre-split, the shareholder now owned 23 shares. For example, a 1000 share position pre-split, became a 1150 share position following the split. BFR's second split took place on December 14, 1995. This was a 115 for 100 split, meaning for each 100 shares of BFR owned pre-split, the shareholder now owned 115 shares. For example, a 1150 share position pre-split, became a 1322.5 share position following the split. BFR's third split took place on September 22, 2009. This was a 1138 for 1000 split, meaning for each 1000 shares of BFR owned pre-split, the shareholder now owned 1138 shares. For example, a 1322.5 share position pre-split, became a 1505.005 share position following the split.
When a company such as BFR 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 BFR split history from start to finish, an original position size of 1000 shares would have turned into 1505.005 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into BFR shares, starting with a $10,000 purchase of BFR, presented on a split-history-adjusted basis factoring in the complete BFR split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
06/14/2019 |
|
| Start price/share: |
$4.28 |
|
| End price/share: |
$11.06 |
|
| Starting shares: |
2,336.45 |
|
| Ending shares: |
2,540.03 |
|
| Dividends reinvested/share: |
$1.23 |
|
| Total return: |
180.93% |
|
| Average Annual Total Return: |
18.07% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$28,096.28 |
|
| Years: |
6.22 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
03/27/2013 |
|
| End date: |
06/14/2019 |
|
| Start price/share: |
$4.28 |
|
| End price/share: |
$11.06 |
|
| Dividends collected/share: |
$1.23 |
|
| Total return: |
187.22% |
|
| Average Annual Total Return: |
18.49% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$28,723.65 |
|
| Years: |
6.22 |
|
|
|
| Date |
Ratio |
| 12/11/1996 | 23 for 20
| | 12/14/1995 | 115 for 100 | | 09/22/2009 | 1138 for 1000 |
|
|
Free BFR Email Alerts:
