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 Video: What is a Stock Split?
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| Bar Harbor Bankshares is the parent company of its wholly-owned subsidiary, Bar Harbor Bank & Trust (the Bank). The Bank is a regional community bank. Co. offers a variety of financial products and services designed around its customers in order to serve their banking and financial needs. Co. operates within community banking industry and includes traditional community banking services, including lending activities, acceptance of demand, savings and time deposits, business services, investment management, trust and third-party brokerage services. According to our BHB split history records, Bar Harbor Bankshares has had 3 splits. | |
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Bar Harbor Bankshares (BHB) has 3 splits in our BHB split history database. The first split for BHB took place on January 26, 1999. This was a 2 for 1
split, meaning for each share of BHB owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. BHB's second split took place on May 20, 2014. This was a 3 for 2 split, meaning for each 2 shares of BHB owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split. BHB's third split took place on March 22, 2017. This was a 3 for 2 split, meaning for each 2 shares of BHB owned pre-split, the shareholder now owned 3 shares. For example, a 3000 share position pre-split, became a 4500 share position following the split.
When a company such as Bar Harbor Bankshares 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 BHB split history from start to finish, an original position size of 1000 shares would have turned into 4500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Bar Harbor Bankshares shares, starting with a $10,000 purchase of BHB, presented on a split-history-adjusted basis factoring in the complete BHB split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$21.23 |
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| End price/share: |
$31.10 |
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| Starting shares: |
471.03 |
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| Ending shares: |
664.43 |
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| Dividends reinvested/share: |
$8.91 |
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| Total return: |
106.64% |
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| Average Annual Total Return: |
7.53% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,663.79 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/27/2015 |
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| End date: |
01/23/2025 |
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| Start price/share: |
$21.23 |
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| End price/share: |
$31.10 |
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| Dividends collected/share: |
$8.91 |
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| Total return: |
88.48% |
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| Average Annual Total Return: |
6.55% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$18,856.41 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/26/1999 | 2 for 1
| | 05/20/2014 | 3 for 2 | | 03/22/2017 | 3 for 2 |
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